Exxonmobil Signs Agreement

Tuesday, May 28, 2002
EXXONMOBIL Marine Fuels (EMMF), the world's largest supplier of marine fuels, has signed a supply agreement with NT Marine of Estonia, the biggest marine fuels trader in the region extending from Tallin in Estonia to St. Petersburg in Russia. The agreement initially covers St Petersburg and all the main ports in Estonia, including Tallin, Muuga, and Paldiski. It may be extended next year to cover other ports, depending on industry developments in the region. EMMF will be supplying a full range of marine fuels products. And existing EMMF customers will be given priority in terms of fuel purchases in the region transacted through NT Marine, which is able to offer an in-line blending barge service to fuel purchasers. Joe Rud, general manager of fleet purchasing, business development and e-commerce at EMMF, says, "The agreement with NT Marine represents an important development in EMMF's strategic objective to make available to first-class operators throughout the world access to EMMF's bunker products, and the quality and safety guarantees with which they have become synonymous."

People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0960 sec (10 req/sec)