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
Trafigura Pte Ltd and Freepoint Commodities Singapore Pte Ltd reportedly received a combined 2,500 mt of VLSFO from Universal Terminal, reports Reuters.
‘Petrobras ensure that the replenishment in all ports will not be affected due to this occurrence,’ it says.
‘Advancing fuel-technology pathways in global shipping requires the shared commitment and cooperation of industry, governments and international regulators,’ says President & CEO.
Company’s decision to delay scrubber installations due to high freight rates and narrowing of bunker fuel price spreads saved approximately USD 7.6 million.
Development in line with refinery and industry’s readiness to supply IMO 2020 compliant bunkers, it says.
Corsica Linea, Gothia Tanker Alliance, MISC Berhad, Sinanju Tankers Holdings Pte Ltd, and Wessels Marine GmbH joins over a hundred other SGMF members.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
Newly appointed Anthony Mollet speaks to Manifold Times about his role, vision, value proposition and plans for the Marine Fuels Alliance to become a wide-reaching and engaging bunkering industry association.
SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.
Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
‘Though it did introduce temporary commercial and operational disruptions, we took a constructive view of the situation and chose to use this event as a learning opportunity,’ shares a Consort Bunkers spokesperson.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
