Dynamic Fuels has started operations from 1 January, 2018 as a new company; it is a spin-off of Transcoma Bunkers, the subsidiary of Barcelona-based shipping company Transcoma Shipping.
“Our new name reflects our approach to the business and will allow us to be recognised as an independent company 100% dedicated to the supply of bunkers and lubricants to the Shipping Industry worldwide,” says Transcoma Shipping.
“Our operations today have become more global in nature and include products and services beyond where we began when we started under Transcoma Bunkers Brand.”
Dynamic Fuels is 100% owned by Transcoma Shipping and is managed by the same staff and operational structure as Transcoma Bunkers.
“With three years of business presence in the industry, we, Transcoma Shipping, look forward to continue to grow and serve you in the global market under our new name,” it says.
Photo credit: Transcoma Bunkers
Publication date: 9 January, 2018
The 17,999 dwt vessels from the Vinga Series will be built by China Merchants JinLing Shipyard in Yangzhou; ships are scheduled to be delivered between 2023 to 2025.
P&I Club Steamship Mutual Underwriting Association (Europe) Limited has issued letter of undertaking to STI Orchard assuring total liability of not more than USD 17 million, show court documents.
Megah Port Management, subsidiary of oil trading, marine fuel bunkering and investment player SIL, took over operation and management of LLT on Wednesday.
Vessel design does away with fenders and spacer pontoons and replaces them with an integrated outrigging system that is compatible with any vessel type.
Zenrock is in debt upwards of USD 166 million as of April, and is said to be winding down with employees leaving by August, reports The Business Times.
From 1 January 2023, it will be mandatory for all ships to calculate their attained EEXI and to initiate collection of data for the reporting of their annual operational CII and CII rating.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.
