Global Petro Storage (GPS), Innova Refining Industries (Innova) and Chemie Tech LLC (Chemie Tech), jointly GPS Innova, in early October took a final investment decision to invest in a greenfield terminal project in the Port of Hamriyah in the UAE with long-term commitments.
The terminal will provide services for industrial reprocessing of waste oils, trading, import and bunkering, said GPS.
Construction activities will start in October 2018 and the terminal is scheduled for completion by late-2019.
“This is GPS’s first investment in the Middle East which is a key strategic hub which the company plans to expand around,” it notes.
“GPS will hold the majority in the three-party joint venture company which will develop, own and operate a state-of-the-art hydrocarbon storage terminal according to international standards.”
Photo credit: Global Petro Storage
Published: 24 October, 2018
Ernst & Young schedules meeting on 18 July, 2018 to update stakeholders on progress of liquidation.
Muhammad Ashraf Hamzah was sentenced to nine and a half years’ jail, while Sadagopan Premnath received a six years and eight-month imprisonment term.
The company will be also taking delivery of a small launch that colleagues will use to move between bunker tankers by the end of August.
Order is the second of two new 103 metre long LNG bunkering barges built at the Fincantieri Bay Shipbuilding yard for Polaris New Energy.
Operation is in collaboration with Petronas Marine, Petronas Energy & Gas Trading Sdn Bhd, Petronas Dagangan Berhad, and external partner Sabah Ports.
Ronnie Ho officially started his tenure at Brightoil Petroleum in January, company tells Manifold Times.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
Newly appointed Anthony Mollet speaks to Manifold Times about his role, vision, value proposition and plans for the Marine Fuels Alliance to become a wide-reaching and engaging bunkering industry association.
SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.
Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
‘Though it did introduce temporary commercial and operational disruptions, we took a constructive view of the situation and chose to use this event as a learning opportunity,’ shares a Consort Bunkers spokesperson.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
