This deepwater supply point complements Vitol Bunkers' existing presence in port locations across the US.

The company's board has approved a plan to divest 90% interest in Hyundai Oil Terminal to J& Private Equity Fund, a company official said.

"Our supply chain has been impacted primarily by the industry-wide driver shortages across the UK," BP said.

**Merger forms second-largest US-listed tanker company by vessel count **Firming bunker prices stifle margins

It will also be possible to retrofit two of the new ships with battery cells to achieve further reduction in fuel consumption, the company said, adding that all four LNG ships will have shore power connections, which means they can eliminate all local emissions in ports providing this facility.

They reflect new trade activities within the past week. The values for these new symbols will be backfilled next week. The key trade statistics for oil appear on PGA pages 2100-2138 and the key trade statistics for petrochemicals on PCA pages 800-806.

The 300,000 b/d refinery will be built at the port of Fao on the Gulf.

"We are building on FFAs (Forward Freight Agreements) to FFEs (Freight, Fuel, Emissions)," Banaszkiewicz said.