Singapore branch of CMB pursuing claim against Sinfeng, alleging deceit and misrepresentation linked to trade financing extended to defunct bunker...
Chimbusco overtook Bunker Holding and Sinopec Fuel Oil Sales in the top ten international bunker suppliers list while Singapore maintained...
Liquefied methane from both fossil and non-fossil sources provides a large part of the fuel mix at 2050.
Condition of the VLCC restored and heating facilities installed; the vessel starts operations as a Floating Storage Unit (FSU) for low sulphur fuel in September.
Started industry peer reviews in the week ended 8 September; targets official launch by October or November.
Total offshore floating oil storage capacity in Singapore rose 2.6 million mt to 6.9 million mt in past 12 months.
Asking price for the 299,999 dwt VLCC starts from USD 54.8 million; Taobao auction to close on 19 November.
‘We have to give confidence to the shipping lines that bunkering in Malaysia is safe and that we can be transparent.’
ABI Singapore LSFO 0.5%S is ‘perfectly suited’ to the needs of the marine industry because it represents the most active and liquid part of market, says...
Bunkering firm was claiming a total US $328,350.67 from two unpaid bunkering contracts issued in November 2017.
Plans to offer at least US $251.3 million to build vacuum residue desulfurisation facility for LSFO production.
Markets able to balance with an extension of OPEC cuts through 2020 due to demand from IMO 2020 regulations.
