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Tagged in Vitol
Avenir LNG announces the Time Charter for Avenir’s first Newbuild 20,000cbm LNG Bunker Vessel with Vitol International Shipping
Avenir LNG Limited (NOTC: AVENIR) announces it has executed a Time Charter Party (TCP) with Vitol International Shipping Pte Ltd (Vitol) for Avenir’s first newbuild 20,000cbm LNG Bunker Vessel. The time charter to Vitol will commence at delivery from …
Jul 4, 2024 / Curious
Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels
Vitol has secured three LNG Bunkering Vessels (LNGBV) through its shipping company, Vitol International Shipping Pte Ltd (VIS). The vessels were secured via a seven to ten year time charter agreement with Avenir LNG Limited (Avenir) and an order for …
Jul 3, 2024 / Curious
KOMIPO and Vitol extend long term LNG supply contract
Korea Middle Power Co Ltd (KOMIPO) and Vitol today agreed to extend an existing long-term LNG Supply and Purchase Agreement (LNG SPA). The original deal was signed in 2011, deliveries commenced in 2015, with Vitol supplying KOMIPO with over 4 million …
May 31, 2024 / Curious
Vitol completes first delivery of B30 biofuel blend in Singapore
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a …
Mar 29, 2024 / Curious
Vitol Bunkers takes delivery of first biofuel barge in Asia
Vitol Bunkers has taken delivery of the Marine Future, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialized IMO type 2 notation bunker tanker to the …
Feb 22, 2024 / Curious
Vitol and GAIL sign long term LNG supply deal into India
GAIL (India) Limited and Vitol Asia Pte Ltd has announced the signing of a Long Term LNG supply deal into India for the annual supply of approximately one million metric tons of LNG for a period of approximately 10 years, starting from 2026. Under …
Jan 16, 2024 / Curious
Vitol targets Asia biofuel growth with specialist bunker barges
Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to …
Oct 24, 2023 / Curious
Wärtsilä propulsion solutions deliver significant reductions in emissions for two tankers owned and operated by Vitol
Propulsion efficiency solutions from technology group Wärtsilä are delivering significant efficiency gains to the shipping industry. A study of operational data has indicated significant emission reductions for two Medium Range (MR) product tankers …
Jul 25, 2023 / Curious
Vitol enters into multi-year Merakes Sellers LNG offtake
Vitol Asia Pte Ltd and the Merakes LNG Sellers have signed an LNG sale and purchase agreement (SPA). This SPA represents the conclusion of an open tender process held in February 2023 by the Merakes LNG Sellers and awarded to Vitol Asia Pte Ltd …
Jul 17, 2023 / Curious
Vitol Bunkers and Petrol Ofisi Supply Türkiye Bunker Market
Vitol Bunkers, through its affiliate Petrol Ofisi, is now offering bunkering services in Türkiye to its global shipping customer base. With a fleet of 16 barges, Petrol Ofisi is the largest bunker supplier in Türkiye, making more than 3,000 bunker …
Apr 25, 2023 / Curious