Gazpromneft Marine Bunker (GMB), the bunkering arm of Russian oil major Gazprom Neft, has filed for a bankruptcy petition application at the Arbitration Court of the Murmansk region against OJSC Murmansk Shipping Company (MSCO), reports Interfax quoting information from the court.
GMB is seeking to claim 8.3 million rubles (USD $120,000) from MSCO; details of the claim are not disclosed.
MSCO plays a key role in cargo transportation to the Arctic Russia region carrying up to 80% of cargo transportation via the Northern Sea Route, according to information from its official website.
Published: 16 August, 2018
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.