Stonewin, who entered the bunkering market in January 2019 with its first physical operation at Port Louis in Mauritius, will be offering VLSFO 0.5% to its customers from 1 May, 2019, says.
The company is currently in discussions with owners and traders to estimate the demand and agree on the required product quality that will allow it to enter into term contracts for the VLSFO 0.5%.
The product will form a permanent part of the company’s current product line of IFO 180, IFO 380 and MGO at Port Louis.
It will be available as part of Stonewin’s existing operation at Port Louis where it is using the 2008-built, double-hulled bunker barge M/T Hakkasan.
Photo credit: MarineTraffic / Bhavik Naginlal Modi
Published: 9 May, 2019
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
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