Company News – Page 332

We4Sea: IMO Rule to Boost Fuel Costs by Up to 50 Pct

In less than 200 days the IMO’s sulphur cap would introduce a surge of up to 50% in fuel costs, We4Sea said.

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Recent attacks on two tankers in the Gulf of Oman raised concerns over the security of transit in the area.

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CTL, sale of damaged vessels opened a window of opportunity for the company to finance scrubber retrofits.

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The addition of the combined gas carriers boosts the company’s LNG trading fleet to 10 vessels.

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Portline Bulk International pleaded guilty to violating the Act to Prevent Pollution from Ships and obstruction.

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