Korea-based bunkering firm Hanyu is considering implementing mass flowmeter (MFM) bunkering operations to its fleet in 2018, says staff.
‘We also think MFM bunkering is a good system,’ says a spokesperson of the company’s bunkering department, when asked about his opinion on the systems.
‘Hanyu will attempt to deploy MFM in 2018.’
Though no initiatives from the Korean government are currently available to start MFM bunkering at South Korea, the source noted of Hanyu being supportive of one, if there is.
Unreported barge strikes are meanwhile still periodically happening in South Korea, presenting a challenge during bunker delivery operations.
‘The issue [from the strikes] is a limitation on supply, and we expect to solve this issue by gradually rising the barging fee till 2020.’
By 2020, the company also intends to change its operations to suit the future 0.50% global sulphur cap.
‘By 2020, we expect to supply volumes to be changed by the addition of low sulphur marine gasoil and other compliant products,’ he says.
‘We have planned to change the barge operation accordingly.’
Hanyu group on 8 September, 2017 celebrated its 50th anniversary by announcing a plan to own 20 vessels, including one for LNG bunkering operations, by 2025.
The company has an agreement with SK Energy to handle delivery of several products, including bunkers, at South Korea.
Photo credit: Hanyu
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.