A Singaporean unit of commodities trading giant Glencore has had its bunker supplier licence suspended for two months after an investigation revealed that it intentionally supplied contaminated fuel to ships.
The ongoing global oil crunch has also hit the shipping industry. In June, VLSFO (Very Low Sulphur Fuel Oil) prices skyrocketed at major bunkering hub.
The ongoing global oil crunch has also hit the shipping industry. In June, VLSFO (Very Low Sulphur Fuel Oil) prices skyrocketed at major bunkering hub.
Bunker fuel contamination investigation findings 09 May 2022, Singapore The Maritime and Port Authority of Singapore has conducted investigations and identified the source of reported contamination of High Sulphur Fuel Oil supplied in the Port of Singapore. Read more ยป Ports raise cautionary signal as storm approaches 09 May 2022, Bangladesh The ports of Chattogram, .