Quadrise Fuels International (QFI) has received confirmation from a refinery counterparty that it will no longer support the production of its emulsified synthetic heavy fuel oil (MSAR) fuel.
The development was, “due to the continuing delays within KSA (Kingdom of Saudi Arabia) which have prevented signature of the fuel supply agreement, so the planned combustion boiler trial in KSA will not proceed.”
“However, Quadrise will seek to continue to work with both the KSA oil and electricity companies to review options that would enable a trial in KSA to proceed, on an amended timetable, to demonstrate the significant economic benefits that use of MSAR technology could deliver to the KSA.”
QFI is a supplier of MSAR emulsion technology and fuels, a low cost alternative to heavy fuel oil in the global shipping, refining and steam and power generation industries.
Photo credit: Quadrise
Published: 10 April, 2018
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.