Indian Oil Corporation Ltd (IOCL) on Tuesday (6 April) signed an agreement with New Mangalore Port Trust (NMPT) to provide bunkering services to vessels visiting the harbour, or at the port’s anchorage and offshore areas.
NMPT had invited tenders from firms with experience in supplying bunker fuel under the project: “Providing Bunkering Facilities to the ships visiting harbour and ships at anchorage / offshore at New Mangalore Port for a period of Five Years”.
IOCL won the bid by offering the highest minimum volume of bunkers offered by a firm, it said.
NMPT had aimed to provide all the required facilities to the shipping community in general, in line with the guidelines and directives received from the Ministry of Ports Waterways & Shipping.
NMPT said it then identified infrastructure projects and found that bunkering facilities for ocean going vessels and coastal will have enough potential since the Port is located on the main Trunk route.
Considering the strategic location of the port among the international sea routes, it is viable to provide bunkering services to ships within the port area connected to all berths and also those anchored outside the International waters.
After the formal contract agreement the expected minimum cargo to be handled will be 90,000 mt annually over a period of five years.
The signing ceremony was witnessed by Dr. A. V. Ramana, Chairman, NMPT, Dy Chairman, senior officers of the Port Shri Debabrata Mukherjee, GM – Institutional Business, Shri V Jagadeeshwara Rao, Manager – Institutional Business were present at the juncture.
Photo credit: New Mangalore Port Trust
Published: 8 April, 2021
One case study was based on a real-life incident and the second based on samples from various customers, both were tested by an independent laboratory, it said.
ARA gasoil stocks grow with Russian inflows; bunkering in Las Palmas and off Malta hit by weather; fuel supply normal in South African ports.
Wins six-year tender to maintain and manage fuel facility at HMAS Cairns, in addition to providing bunkers.
MPA and “K” LINE join the consortium with A.P. Moller - Maersk A/S, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping and ABS.
Dave Matthews, with more than 12 years of experience in the sector, joins Island Oil Trading (UK) Limited as Head of Sales, Marine Bunkers & Lubricants.
APEX will help Singapore establish itself as a leading commodity and financial derivatives trading centre, says CEO.
‘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.
