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
The total bunker sales at Panama was 451,664 metric tonnes (mt) in January, compared to sales of 413,650 mt during the similar period in 2021.
Standard Club previously published an article based on the outcome of the 74th session of IMO's Marine Environment Protection Committee (MEPC-74).
Vessel is travelling through the China Pakistan Service (CPS) route starting from Singapore to Shanghai using a biofuel made from a blend of FAME and VLSFO.
Investment will be made over the next five years for the development of eco-friendly future ships and production facilities to strengthen its competitiveness, it said.
JIP involves d’Amico Group, TRAFIGURA, ABS, RINA, FOBAS, the Liberian Registry and MAN Energy Solutions for testing onboard LR1 tankers.
713 mt of LSFO produced by Sinopec Guangzhou cleared the export division of Huangpu Customs, and was supplied to international vessels docked at Port of Guangzhou.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
