India urges to establish marine fuel mix target at IMO

Ajithkumar Sukumaran, the Indian delegate from the Ministry of Shipping, emphasised the need to avoid unrealistic targets that could lead to flawed policies, unsustainable investments, and immature technological solutions.

KPI, PIL & Bunker One complete first electronic marine fuel statement

KPI OceanConnect, Pacific International Lines (PIL), and Bunker One announced the successful completion of their first live electronic marine fuel inventory statement for overseas delivery through the Singapore Trade Data Exchange (SGTraDex). Singapore-flagged container vessel Kota Rakan, owned by PIL, was bunkered with Very Low Sulphur Fuel Oil (VLSFO) by Bunker One at the port

Uniper sells marine fuel trading business in UAE

Uniper has reached an agreement to sell its United Arab Emirates-based crude oil processing and marine fuel trading business, Uniper Energy DMCC, to a consortium of Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum. The agreed purchase price has not been disclosed, and the acquisition is expected to be completed in