Sales of marine fuel at both ends of the Panama Canal in March increased by 6% on year, according to data from La Autoridad Marítima de Panamá, also known as the Panama Maritime Authority (PMA).
It registered total sales figure of 440,890 metric tonnes (mt) in March 2018, higher than 414,871 mt in March 2017.
The Pacific Entrance recorded sales volume of 341,754 mt for fuel oil and marine diesel oil (MDO) in March 2018, above 324,042 mt during the comparative period.
312,641 mt of fuel oil and 29,113 mt of MDO were sold at the Pacific Entrance in March 2018, compared to 301,333 mt and 22,709 during March 2017.
The Atlantic entrance posted sales of 99,136 mt for fuel oil and MDO in March 2018, an increased over 90,829 mt on year.
85,719 mt of fuel oil and 13,417 mt of MDO were delivered to vessels in March 2018, compared to 78,882 mt and 11,947 mt.
Published: 13 April, 2018
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.