The port of Mauritius has recorded an increased in bunker sales volume for the financial year ended 2017, according to Mauritius Port Authority (MPA) data.
A total of 404,837 metric tonnes (mt) of marine fuel were delivered to vessels in 2017, 39.1% up from the volume of 291,143 mt during 2016.
Of the total 2017 bunker sales volume, 115,167 mt (-12.4%) was delivered via pipeline while 289,670 mt (+81.5%) was via bunker barges.
According to MPA, the fall in bunker deliveries via pipeline “may be deduced that bunkering by pipeline might have been more vulnerable to fluctuations in supply price and selling price as compared to major bunkering hubs.”
The growth in bunker sales by barges was due to two factors.
“The expansion could be attributed to the fact that we had four barges operational at Port Louis in 2016 namely: MT Gulf Star, MT Elise (2016), MT Hakassan (2016) and MT Sarah (2016). MT Congo was also operational until September 2016,” explained MPA.
“Besides, MPA offered additional incentives for vessels calling at Outer Harbour for bunkering effective August 2016 (validity: 1 year).”
While the number of bunker calls by pipeline decreased by 11.5% in 2017 when compared to the previous year, the corresponding calls by barge rose 37.8% in the similar period.
The total number of vessels that received bunkers at Port Louis grew 1.3% to 1,839 calls in 2017.
Published: 23 January, 2018
‘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.