Singapore Suspends Bunker Craft License of Inter-Pacific Petroleum

By Roslan Khasawneh SINGAPORE, June 28 (Reuters) - Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday. The MPA suspended the license, which allows Inter-Pacific to operate tankers used to load marine fuel, known as bunker fuel, onto ships, with effect from June … [Read more...]

Hellenic Petroleum Prepares for Tougher Global Marine Fuel Rules

ATHENS, Feb 28 (Reuters) - Hellenic Petroleum, Greece's biggest oil refiner, said on Thursday that two of its three refineries are already compatible with tougher global marine fuel rules. UN agency the International Maritime Organization (IMO) will prohibit ships from using fuels with sulphur content above 0.5 percent from Jan. 1, 2020, compared with 3.5 percent today, … [Read more...]