Greek marine fuel and lubricant supplier Finecor Oil Bunkering on Monday (16 November) said as of Thursday (12 November) it has obtained a license to load bunker products from its Helpe Refinery in Thessaloniki.
Finecor explained it would now be able to expand supply operations at Thessaloniki port as well as other northern and central ports in Greece at more competitive prices.
The company said this would strengthen its position and coverage within the stated region.
Photo credit: Finecor Oil Bunkering
Published: 17 November, 2020
Sales of LNG marine fuel, on the other hand, witnessed a 78% jump on quarter, show port data.
US high sulphur distillates may prove profitable going into 2020 despite IMO 2020 global sulphur limit.
Total bunker sales at Panama was 337,035 metric tonnes (mt) in July, compared to sales of 484,144 mt during the similar period in 2019.
Company plans to complete the production of 80,000 mt of low sulfur marine fuel by June 2020 using the residue hydrotreating method which is more difficult, it said.
Coralius’s first bunkering was in September 2017; she reached the 100th bunkering mark in February last year; her 200th delivery was achieved this week, says the company.
Company hired five senior traders; establishes new office in Hull, UK and Seoul, South Korea.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.
