The Universal Energy owned bunkering tanker UE Star is scheduled for auction at the Singapore Supreme court following a court order on 15 December, 2017.
The vessel will be actioned after the court receive last bids after the deadline of 31 January, 2018.
According to court documents, the UE Star is a 2014 built 3,987 deadweight tonne (dwt) bunkering tanker.
The net value of bunkers still on board the UE Star is SGD $93,766 ($70,788); the amount if non-negotiable.
The Maritime and Port Authority of Singapore (MPA) did not renew both the bunker supplier licence and bunker craft operator licence of Universal Energy on 31 August, 2017.
Universal Energy accumulated demerit points for delivery of bunkers that were severely aerated, with stoppages during bunkering operations.
Published: 18 January, 2018
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
Headway will launch a new fuel supply system suitable for alternative bunker fuels such as hydrogen and ammonia; to focus on procurement and construction of carbon capture systems in 2023 following R&D.
Competition for FAME from aviation and road transportation sectors have resulted in some shipowners resorting to adopt more readily available CNSL blends as biofuel for vessels, explains Steve Bee.