Australia’s largest operator of oil and gas production Woodside Petroleum reportedly intends to enhance the quality of its Vincent crude from July onwards, reports Reuters.
The company plans to increase the crude oil’s flash point so that it can be blended into very low sulphur fuel oil (VLSFO) for capturing a higher value revenue stream.
The increase in flash point will be made feasible by reducing blends from the Cimatti field off Western Australia into the Vincent crude product.
The company also purportedly plans to export two Vincent crude cargoes per month.
Photo credit: Woodside Australia
Published: 26 May, 2020
The 7,990 dwt Marine Vicky will join Sinanju’s 13-vessel bunker fleet in December 2019 to delivering ExxonMobil’s new EMF.5™ Engineered Marine Fuels.
Gazpromneft Ocean CCL40 is available at 16 ports in South Korea, and the first few supplies have already been carried out at the ports of Busan, Masan and Incheon.
In total, 4.22 million mt of bunkers were sold at the world’s largest bunkering port in September, more than 3.90 million mt recorded during last year.
The special resolution was passed at a recent creditors meeting held on Wednesday, 30 December 2020; AAG Corporate Advisory appointed as liquidators.
Having joined the company since 2002, Dollerup has been involved in trading, management and strategic business development, bringing with him a diverse range of knowledge.
Project involved adding 3,600 meters of process pipelines, 6,400 meters of heat tracing pipelines, and is expected to produce 10,000 mt of LSFO per month.
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.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
