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Acquisition will expand Propeller’s trading operations and add Hong Kong to its locations, backed by an enlarged HSBC UK banking facility that more than doubles the group’s financial capacity.
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First interim dividend of Xin Bo Shipping is payable by 7 October, according to Government Gazette notice.
A creditors’ meeting of Fair Wind Chartering Pte Ltd has been scheduled to take place at 3pm on 6 October, according to a Government Gazette notice.
Prompt availability tight in ARA ports; busy summer cruise season increases lead times in Piraeus; increase in demand tightens availability in South African ports.
MRCC Singapore coordinated the rescue after receiving a distress alert at about 8.45am as the vessel was within Singapore’s Maritime Search and Rescue Region.
Deal covers supply of Sulnox Eco for use across at least 34 vessels and about 600,000 litres of product over the contract term - an increase of about 70,000 litres of Sulnox per annum from current levels.
VLSFO availability tight in Singapore; VLSFO and LSMGO availability good across several Taiwanese ports; availability tight across all grades in Fujairah.
Volare Shipping has announced a contemplated Private Placement to raise approximately USD500 million, with a proposed listing on Euronext Growth Oslo under the ticker "VLCC".
Company has appointed Tasos Aliferis as Greece Trading Manager and Sotirios Tsesmelis as Senior Trader as it establishes a presence in Greece.
Company has been developing marine biofuel blending operations at China (Zhejiang) Pilot Free Trade Zone, leveraging storage and logistics facilities at its Aoshan base.