The sales volume of marine fuel at Singapore port was up 7.5% on year in February, according to Maritime and Port Authority of Singapore (MPA) data.
A total of 4.14 million metric tonnes (mt) was sold in February 2018, an increase from 3.85 million mt during the same month in 2017.
Sales of 380 centistokes (cSt) grade, was stable at 2.92 million mt during the comparative period.
Marine gas oil (MGO) and low sulphur (LS) 380 cSt product sales were respectively down to 54,7000 mt, 4,900 mt in February 2018, from 68,100 mt and 15,700 in February 2017.
Delivered grades of 180 cSt and 500 cSt respectively increased to 32,500 mt and 959,200 mt in February 2018, from 29,900 mt and 711,300 mt in the similar month during 2017.
LS MGO, LS 180 cSt and LS 500 cSt material saw volumes rise to 127,600 mt, 19,100 mt and 500 mt, from sales of 102,300 mt, 0 mt and 0 mt.
Published: 14 March, 2018
Panellists covered several marine fuel related topics including bunker fuel quality testing, COVID-2019, and long term storage of VLSFOs experienced during the first 100-day period.
BunkerEx, which observes over 2,000 marine fuel prices per day, integrates bunker pricing data in ZeroNorth’s platform, Optimise.
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‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
