Sinopec Hainan Refining and Chemical Company, Sinopec Corp’s subsidiary refinery in the province of Hainan, on Monday (2 March) said it has finalised the procedures for exporting LSFO, according to Sinopec News Network, the company’s official news agency.
Reportedly, the company noted 907 metric tons (mt) of RMG380 low sulphur fuel being successfully exported on 26 February.
In response to the current downturn in domestic fuel demand, Sinopec Hainan adjusted its product structure to produce low sulphur marine fuel for export, it said.
To stay compliant with current virus outbreak prevention regulations, the company worked closely with customs officials, and other fuel companies to assess risks and mitigations procedures to expand product distribution methods.
Photo credit: Amber Case
Published: 4 March, 2020
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
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.