1 |
For 2023/24 the firm's pre-tax profit per tonne was about $1.67/mt, down from about $4.45/mt the previous year. |
![KPI OceanConnect: Bunker Volumes Up 9% to 12m mt, Pre-Tax Profits Drop 59%](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_9fac171477b3bfd8affe0cb60a3eea0e.v.625.jpg) |
2 |
The new senior trader has worked for the company since July 2021. |
![Island Oil Appoints Senior Trader in Singapore](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_270dd5882942fdc146c954332468ea83.v.625.jpg) |
3 |
The purpose of the pause is 'to address project delivery and ensure future competitiveness given current market conditions'. |
![Shell Halts Construction of Large Biofuel Plant in Rotterdam](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_0e5c2bf470dd6920d5db5574c5e9cdc7.v.625.jpg) |
4 |
The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker. |
![Bunker Holding Lost Around $125 Million From African Onshore Business PSTV Cargo](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_975fca73df90b2c5680620fed548e57e.v.625.jpg) |
5 |
The new hire had previously worked for Sing Fuels in its Asia procurement team in Singapore. |
![Bunker Partner Hires Trader in Singapore From Sing Fuels](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_6e23093f33ef5395e5b41dba198252f3.v.625.jpg) |
6 |
The firm is now offering B10, B20, B24 and B30 blends to ISO 8217:2024 specifications, a company representative tells Ship & Bunker. |
![Turkish Bunker Supplier UNERCO to Offer Biofuel Blends After Winning ISCC Certification](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_c1d20f992b37fc43484c55b12b8c2849.v.625.jpg) |
7 |
Ankora Fuels will initially focus on MGO and ULSMGO deliveries by barge and truck in the Port of New York and New Jersey, co-founder John Barbarise III tells Ship & Bunker. |
![New Bunker Supplier Ankora Fuels Launches on US East Coast](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_d09e9d02e24b4b4f1f13b984b319bfe5.v.625.jpg) |
8 |
The new manager will be responsible for LNG bunkering at Baltimore and Norfolk, as well as ammonia bunkering at Jacksonville, Savannah, Benicia and Oakland. |
![Sumitomo Corporation Appoints Manager to Lead US LNG and Ammonia Bunkering](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_103836cf4d2293d6d4afe80511845343.v.625.jpg) |
9 |
The firm saw a net loss of $36.8 million in 2023, up from a $32.8 million loss the previous year. |
![ZeroNorth Sees 'Line of Sight to Profitability' After Losses Widened in 2023](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_b8565dae4d33ae31c9f4967838ec3854.v.625.jpg) |
10 |
The firm set up its Singapore operation in October 2019. |
![Singapore Unit of Gazpromneft Marine Lubricants to Be Wound Up](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_4e4892c3a06aaf80153e651c700091be.v.625.jpg) |