Sri Lanka-based port operator Hambantota International Port (HIP) on Friday (4 April) commenced the start of bunkering services at Hambantota port, according to local publication News First.
The Chinese Embassy of Sri Lanka stated on its Twitter account the Liberian oil tanker Melody became the first vessel to receive marine fuel from HIP at Hambantota port.
According to the Sri Lanka Ports Authority, the 1.5 billion dollar port is equipped with eight tanks capable of storing a total 51,000 cubic metres of marine fuel for vessels.
Hong Kong-registered China Merchant Port Holdings holds a 70% stake in a partnership with Sri Lanka Ports Authority to manage hambantota port through HIP.
Chinese oil major Sinopec Corporation has a bunkering license to provide bunkers at the port through its Sri Lanka subsidiary Sinopec Fuel Oil Lanka (Private) Ltd..
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Photo credit: Chinese Embassy of Sri Lanka
Published: 6 April, 2020
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.