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Oilmar's management is now in the process of taking over ownership of the company, CEO Yusif Mammadov said in a note to clients seen by Ship & Bunker. |
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Peder Møller will take over as CEO of the world's largest marine fuels firm on October 6, succeeding Keld R. Demant. |
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The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China. |
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The new hire was previously a marine fuels trader for Oilmar in Houston from November 2023 to this month. |
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In July, Sri Lanka's Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster. |
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The facility is set to open in 2028 as the first dedicated LNG bunker terminal on the US Gulf Coast. |
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The company aims to offer retrofit solutions that would let existing ships run on ethanol. |
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The ship was bunkered with 300 mt of green methanol by Sinopec Fuel Sales Co. |
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The world's largest methanol producer has struck new partnerships in Europe and Asia to expand its marine fuel supply network. |
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By utilising a B30 biofuel blend, the ferry aims to reduce lifecycle emissions by about 20%. |
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