Bunker One, the physical fuel supply arm of Bunker Holding Group, has expanded into Germany to service all ports at the German North Sea and Baltic Sea regions with bases in Rostock, Kiel and Hamburg.
Bunker supplier Monjasa has opened a new supply location in Djibouti, Northeast Africa to provide a bunkering alternative to the traditional Suez and Jeddah markets.
Bunker supplier Peninsula Petroleum will expand its operations to Malta in late-December, backed by exclusive bunker tankers and reliable cargo sourcing.
Last year saw a jump in quality issues related to marine fuel according to bunker tester VPS, and this trend could continue forward to 2020 when the sulphur cap comes into force.
The Kuala Lumpur High Court has ruled in favour of PDZ Holdings over writs filed by three creditors against the company over alleged non-payment of bunker fuel supplied to its vessel PDZ Mewah.
Energy pricing agency S&P Global Platts has proposed to start publishing new daily assessments for marine fuels with a maximum sulphur content of 0.5% from January 2019.
Hong Kong-listed Brightoil Petroleum has further developed its energy e-commerce platform with the start of real-time online bunker trading combined with a Forward Fixed Price (FFP) hedging tool on Friday.