Ocean Tankers, the subsidiary of Singapore-based oil trading firm Hin Leong Group, has ordered six handy-sized tankers from Fujian Mawei Shipbuilding at an undisclosed sum.
The 23,500 deadweight tonne (dwt) tankers will be able to carry a variety of dirty and clean oil products, a company spokeswoman told Reuters.
The vessels will be delivered by the end of 2020, and includes option for an additional four.
In total, Ocean Tankers has placed orders for 28 tankers with option for 12 more ships.
“These vessels have been ordered for fleet renewal purposes, as well as what we see to be an opportunity to trade more of these types of ships,” she said.
To date, Ocean Tankers owns 136 vessels, including 15 VLCCs, with a total capacity of more than 7.7 million dwt.
Ocean Bunkering Services, the sister firm of Ocean Tankers, is adding a total of five bunkering vessels to its Singapore fleet; one ship will be supplying marine gas oil (MGO) while the remaining will be delivering fuel oil.
Publication date: 22 January, 2018
A study by independent Norwegian research group SINTEF confirmed burning HSFO with a scrubber has a lower carbon footprint than using LSFO.
Flexible digital platform ensures simple and accurate recording of vessel ratings as well as ongoing guidance for vessel efficiency to meet emission regulations.
Domestic LSFO production and market price fluctuations may be main factors in whether bonded bunker fuel volume can achieve a breakthrough for 2022.
SunRui, a subsidiary and research institute of CSSC, said the orders came from global customers such as Oshima Shipbuilding, Guangzhou Shipyard International and Shanghai Waigaoqiao Shipbuilding.
Antwerp-Bruges Port Authority and Port of Rotterdam Authority will make it mandatory to use the measuring system such as Mass Flow Meters on board bunker vessels to measure bunker fuels.
‘[Singapore] protested, but we have assured them that it is in Malaysian waters, and not in theirs’, he says.
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
