Singapore branch of CMB pursuing claim against Sinfeng, alleging deceit and misrepresentation linked to trade financing extended to defunct bunker...
Arrangement allows ElbOil to secure an annual supply of 30,000 mt of green methanol produced from biomass from 2027.
Argus contract will be based on a bunker index whereas the Platts contract will be based on a cargo index.
‘We are preparing for the first simultaneous operations for LNG bunkering and cargo operations next year.’
Full access to Shell’s technical services comprises is ‘key component’ of agreement to raise fleet efficiency.
Toho Gas, Mitsui O.S.K. Lines, Niyac Corporation, MOL Marine Co., Nihon-Tug-Boat Co. involved in operation.
Singapore and Rotterdam and Antwerp ports saw the most number of off-spec cases over a variety of issues.
‘It has been an exhilarating experience being part of Smart Port Challenge,’ said Dravam CEO & Founder.
‘Its bunker sales have grown mainly by taking market share from other Chinese ports,’ says analyst.
Event held at Ciragan Palace Kempinski brought together over 260 stakeholders from across the world.
The specialty chemicals firm which produces bunker fuel additives has post a 46.1% jump in Q3 2019 net profit.
Market dictated by uncertainty, speculation and general fear of where the bunker market is heading, it says.
