World Maritime News – Page 117

Qatar Petroleum Brings VLSFO to Ras Laffan Port

The VLSFO marine fuel offering has been initiated ahead of IMO’s upcoming 2020 sulphur cap.

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With sale-and-leaseback, commercial bank debt and cash, the company extended debt maturities through 2027.

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Net profit jumped to USD 39.1 million in the third quarter of 2019 from USD 21.6 million seen a year earlier.

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Lomonosov Prospect and Mendeleev Prospect crossed the full length of the NSR using only cleaner-burning fuel.

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The import and export financing services range, Shipfin Trade Finance, was set up with invoice finance platform Incomlend.

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