Panama marine fuel sales in 2018 were hit by the “bad bunkers” problem that started in the US Gulf region with a 1.8% drop in sales.
AP Moller - Maersk says that despite the introduction of an emergency bunker surcharge it is not recovering the full cost of increased fuel prices.
As container lines struggle with rising fuel prices Mediterranean Shipping Co (MSC) has announced a temporary emergency bunker surcharge.
Danish fuel and tanker group Monsaja is launching a two-year training programme for graduates who want to acquire the skills of the sector.
A bunker fuel dealer from Sungai Petani in Kedah in the northern part of Peninsula Malaysia has fallen victim to an e-mail payment scam and lost $1.1m.
Japanese refiners Showa Shell Sekiyu and Idemitsu Kosan have formed an alliance, which will include their VLCC fleets, ahead of a full integration.