Singapore branch of CMB pursuing claim against Sinfeng, alleging deceit and misrepresentation linked to trade financing extended to defunct bunker...
Initiative builds on the comprehensive survey conducted in 2022, which provided valuable insights into industry challenges related to MFM adoption.
Sales of low sulphur MGO increased 99.4% to 229,500 mt during comparative period, show MPA data.
Investing EUR 40 million in fuel oil network to convert capacity to desired flexibility to serve bunker market.
‘If not, we risk making the wrong decisions and spending resources ineffectively,’ says spokesman.
‘Many will hope that states will be more lenient during the initial period following January 2020,’ it says.
IMO 2020 legislation will produce two-tier charter market – scrubbers installed versus no scrubbers.
‘Digital Twin’ concept does not require hardware on vessel to track bunker fuel consumption and emissions.
Spokesman points out to Manifold Times Texas Motor Fuels Tax Code leading to decision against US $2.4 million bunker tax refund of local oil player.
‘Not possible for refiners to make significant investments in order to be ready for January 2020,’ says MD.
IMO 2020 regulations to roil oil markets, creating market uncertainty and higher costs, says new report.
World’s largest LNG bunker supply vessel was officially christened last Friday at the Hamburg Cruise Center.
