World News
Island Oil Launches Israel Physical Supply Operation
Island Oil (Holdings) Limited (IOL) subsidiary Island Petroleum Limited (IPL) Friday said in an emailed statement it is launching a new physical supply operation in Israel.
Operations are expected to commence on December 10, 2015.
IPL says it will supply at Haifa port and at outer roads with a range of products including IFO380 (RMG380), IFO180 (RME180), all intermediate grades down to IFO CST-30 (RMB 30), and Marine Gasoil (DMA) with a maximum sulfur content of 0.1 percent.
Products will be supplied to ISO8217:2010 specification via the 1,316 dwt bunker tanker MT Lerrix, a 2012-built double hulled/bottom vessel said to be fully equipped with boiler, heating coils, blender, flow meters, bow-thruster, and fenders.
Tank Capacity was said to be 850 metric tonnes (mt) for HFO and 255 mt for MGO, with pumping rates of 350 cbm per hour for HFO, and 120 cbm per hour for MGO.
Contact details for the new operation are as follows:
Island Petroleum Limited
3, BAT GALIM AVE.
P.O.B.8182 HAIFA 31080 - ISRAEL
Contact persons for bunker enquiries are as follows:
Mrs. Elena Christodoulidou
Head of Trading
Office: +357 25 889 122/124
Fax: +357 25 745 466
Mobile: +357 99 479 969
E-Mail: bunkers@island-oil.com
Mr. Pambos Charalambous
Senior Bunker Trader
Office: +357 25 889 128/132
Fax: +357 25 745 466
Mobile: +357 99 594 431
E-Mail: bunkers@island-oil.com
www.island-oil.com
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.00 | 9.50 | 674.00 | 4.50 |
| Rotterdam | 507.00 | 5.00 | 663.50 | 12.50 |
| Houston | 549.50 | 2.50 | 677.00 | 5.00 |
| Fujairah | 548.50 | 7.00 | 748.50 | 4.50 |
| Global 20 Ports Average | 580.00 | 3.50 | 761.00 | 1.50 |
| Global 4 Ports Average | 540.00 | 6.50 | 691.00 | 6.50 |
| Global Average Bunker Price | 625.50 | 7.00 | 809.50 | 1.50 |
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