“Do what is right, not what is convenient”, was the call of Capt Rajalingam Subramanian from MISC and AET on investing for the transition to low and zero carbon fuels.
Oil traders meeting this week at a FT Commodities Global Summit in Lausanne projected that crude oil prices could exceed $200 later this year.
Bunkering company Monjasa is expanding its Asia presence with new office in Shanghai, opening this month.
Bureau Veritas has granted Approval in Principle for a liquefied natural gas fuel supply system using containerised LNG.
The bunker price in Singapore crossed the $1,000 per mark on Wednesday morning as the market braces for yet higher oil prices.
Bunker prices have broken through the $1,000 per tonne mark in Fujairah and more refuelling hubs look set to follow this week.
Repsol and Spanish state-owned shipbuilding company Navantia have signed a collaboration agreement to jointly develop solutions to decarbonise maritime transport.