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Transformer Oil Testing Market Jump on Biggest Revenue Growth | SGS, Munich Re, Bureau Veritas, ALS – Business ipsnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipsnews.net Daily Mail and Mail on Sunday newspapers.
Singapore bunkers seen little impacted by VPS sediment content alert: sources The recent alert issued by Veritas Petroleum Services on the presence of high sediment content in several bunker fuel samples it tested from Singapore will likely have a relatively muted impact on the market, industry sources told S&P Global Platts March 31. “We haven’t heard anything major from our side,” a source at another testing firm said. Singapore is the world’s largest bunkering port. It is also located along one of the world’s busiest waterways. A ship calls at the Singapore port every two or three minutes a total of around 130,000 ships a year. ....
The 4,664 TEU capacity containership Maersk Aras began burning the fuel on 15 February and suffered a complete engine failure on 17 February. The vessel had to divert to Manzanillo, Mexico, where she was required to take on an additional 1,100 bbls of replacement fuel in order to continue to trade. The vessel suffered damages totalling approximately USD 1.90 million (exact: $1,899,552.01). Broken down, the costs translate to $617,153.34 (repair costs), $1,282,398.67 (additional losses and expenses), and $1,459,600.31 (Maerskâs own losses). Damages suffered by The 9,578 TEU capacity containership Sofie Maersk started consuming the fuel on 1 March and encountered fuel pump issues on 2 March; it experienced main engine failure on 4 March 4 while in the middle of the Pacific Ocean and had to be towed as a dead ship to Honolulu, Hawaii for repair and provision of 2,100 mt of replacement fuel oil. ....
Some Snippets from the Supply Chain You May Have Missed This Week A Few Pieces of Logistics News UK – Over 30 unemployed young people are set to join the Port of London Authority (PLA) in Gravesend and Forth Ports, including at Tilbury, for paid six-month traineeships this spring, as part of the Government’s £2.4 billion Kickstart work programme. Opportunities available, ranging from administration through to operations, will give 16 to 24-year olds a chance to gain important experience in a real working environment. Kickstart applicants, who must have been on Universal Credit for six months, will be referred to the PLA and Forth Ports by Job Centre Plus. The Government pays the minimum wage for the roles offered, based on a maximum 25-hour week. With CVs already being received, interviews are expected to take place in February, and it is hoped the first successful candidates will be in place in March. ....