Sign up
Log in Sign up
Mon 8 Dec 2008, 08:06 GMT

Indian refiner offers 380-cst cargo


80,000 tonnes of fuel oil scheduled for lifting in January.

India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has issued a tender for the sale of 80,000 tonnes of fuel oil for lifting in January, Reuters reports.

The 380-centistoke (cst) cargo is scheduled for loading from New Mangalore on January 11th-12th.

The tender will close on December 11th and will be valid until the next day.

MRPL sold a similar-sized cargo of 3.5 percent sulphur 380-cst fuel oil in November for lifting between December 3rd and 5th from New Mangalore.

The sale was made to Japan's Petrosummit at a discount of $13.00 a tonne to Singapore spot 380-cst quotes, on a free-on-board (FOB) basis, according to industry sources.

MRPL was also reported to have sold a similar parcel of 3.5 percent sulphur 380-cst for loading between December 22nd and 24th.

The fuel oil cargo was purchased at a discount of $9 a tonne to Singapore spot 380-cst quotes, on a free-on-board (FOB) basis, Reuters said.

MRPL is a subsidiary of Oil and Natural Gas Corporation Ltd. (ONGC). Its refinery in Mangalore has a production capacity of 190,000 barrels per day (bpd).

CPN as China's No. 1 marine biofuel supplier in 2025 graphic. Chimbusco Pan Nation delivers 170,000 tonnes of marine biofuel in China in 2025  

Supplier says volumes quadrupled year on year, with a 6,300-tonne B24 operation completed during the period.
V.Group and Njord logo side by side. V.Group acquires Njord to expand decarbonisation services for shipowners  

Maritime services provider buys Maersk Tankers-founded green technology business to offer integrated fuel-efficiency solutions.
Container vessel manoeuvring in port. Has Zhoushan just become the world's third-largest bunker port?  

With 2025 sales of 8.03m tonnes for the Chinese port, Q4 data for Antwerp-Bruges will decide which location takes third place.
Monjasa Oil & Shipping Trainee (MOST) trainees. Monjasa opens applications for global trainee programme  

Marine fuel supplier seeks candidates for MOST scheme spanning offices from Singapore to New York.
Singapore's first fully electric harbour tug. Singapore's first fully electric tug completes commissioning ahead of April deployment  

PaxOcean and ABB’s 50-tonne bollard-pull vessel represents an early step in harbour craft electrification.
Fuel for thought: Hydrogen report cover. Lloyd's Register report examines hydrogen's potential and challenges for decarbonisation  

Classification society highlights fuel's promise alongside safety, infrastructure, and cost barriers limiting maritime adoption.
Bureau Veritas and Straits Bio-LNG sign MoU. BV Malaysia partners with Straits Bio-LNG on sustainable biomethane certification  

MoU aims to establish ISCC EU-certified biomethane production and liquefaction facility in strategic alliance.
Molgas Energy logo. Molgas becomes non-clearing member at European Energy Exchange  

Spanish energy company joins EEX as it expands European operations and strengthens shipper role.
Yiannis Diamandopoulos, Elinoil. Diamandopoulos appointed CEO of Elinoil as Aligizakis becomes chairman  

Greek marine lube supplier announces leadership changes following board meeting on 5 January.
Sustainable Marine Fuel Services webinar hosted by BV graphic. Bureau Veritas to host webinar on sustainable marine fuel transition challenges  

Classification society to address regulatory compliance, market trends, and investment strategies in February online event.




 Recommended