Bharat offers spot 380-cst cargo

Tue 6 Oct 2009, 09:29 GMT

Bharat offers spot 380-cst cargo

Rare spot cargo of fuel oil up for sale following tank space issue at Mumbai.

India's Bharat Petroleum Corp Ltd is offering its first spot cargo of fuel oil in about a year, according to news agency Reuters.

The oil firm is reported to have opened a tender for the sale of 30,000 tonnes of 380-centistoke (cst) fuel oil for loading on October 12-18 from Mumbai.

The cargo is understood to have become available because the company's storage tank capacity in Mumbai is currently full and space is required to store 180-cst for domestic use.

Bharat Petroleum previously sold a 380-cst spot cargo in October 2008 when oil major BP purchased 40,000 tonnes of the product for mid-October lifting.

Bharat has been supplying the majority of its term cargoes to its joint venture partner Matrix-Bharat Marine Services, which sells marine fuel at the world's leading bunker port, Singapore.

The Mumbai tender closed on Monday with bids remaining valid until Tuesday.

BP India


		Damen delivers first CSOV 9020 to Taiwan joint venture for offshore wind support TSS Cruiser handed over to TSSM in Vietnam following sea trials in Ha Long Bay.

		Titan charters 8,000-cbm LNG bunker vessel for ZARA region operations United LNG I to deliver LNG and bio-LNG across Amsterdam, Rotterdam, Antwerp and Zeebrugge ports.

		Peninsula begins physical bunker supply operations in Mauritania Marine fuel supplier operating two barges following licence award from the Mauritanian National Hydrocarbons Commission.

		PuriFire Energy signs biomethanol supply deal with X-Press Feeders Letter of intent covers up to 15,000 tonnes annually for feeder carrier’s fleet.

		FLEX Commodities opens Seoul office with new Korea leadership team Dubai-based trader establishes South Korea presence with appointments of Alan Yang and Yujin Kang.

		O Bunkering appoints Sulaiman Alhadhrami as chief executive officer Omani bunker supplier names new CEO to lead growth and expansion in the maritime sector.

		Zhoushan expands shore power infrastructure as part of emissions reduction drive Chinese port city reports 30% increase in shore power usage across terminals and berths.

		Hapag-Lloyd and Kuehne+Nagel partner on biofuel initiative for Asia-Europe trade Agreement covers 3,300-teu using waste-based biofuels, targeting a 2,979-tonne CO₂e reduction in 2026.

		Berg Propulsion to supply electric propulsion systems for India’s green tugs Swedish firm to provide thrusters and electrical integration for two 60-tonne bollard pull battery-electric vessels.

		World Fuel seeks marine fuel supply executive in Singapore Role to manage supplier relationships and source marine fuel across South-East Asia and Australia-New Zealand.