- 18 March 2024, 6:06 amMAN Energy Solutions expects the order book for dual-fuel engines to ratchet, with around 85% of all ship engines ordered in 2030 to be dual-powered, as the global shipping industry speeds up maritime decarbonization efforts, its Singapore Managing Director Nicolas Brabeck said. The 2030 estimates compare to just around 35% dual-fuel engines ordered in 2021 and 56% in 2022, Brabeck...
- 14 March 2024, 5:01 pmAlthough drought-related restrictions have improved slightly at the Panama Canal since the start of the year, the proportion of US LNG exports being sent round the Cape of Good Hope remains elevated in March as attacks on commercial shipping in the Red Sea force shippers to take the longer route to Asia. Of the total US exports of 3.33 million...
- 14 March 2024, 9:24 amThe International Energy Agency on March 14 raised its estimate of 2024 oil demand growth by 110,000 b/d to 1.3 million b/d on an improved economic outlook for the US and higher bunker fuel consumption due to attacks in the Red Sea. In its monthly oil market report, the agency highlighted a surge in oil inventories "on water" due to...
- 14 March 2024, 8:47 amChinese used cooking oil methyl ester prices reached a five-month high March 14 due to rising feedstock used cooking oil costs while demand has strengthened on seasonality and potential antidumping duties. Platts assessed UCOME at $1,050/mt FOB China on March 14, up 14.43% from $935/mt on Jan. 25, according to S&P Global Commodity Insights data. The recent uptick in Chinese...
- 14 March 2024, 8:10 amChina's wheat imports could decline in 2024 as shipment cancellations and delays from multiple origins have raised concerns of weakening demand. Trade participants expect China's 2024 imports to decline from prior estimates of 12 million-15 million mt for this year and potentially drop below 11.88 million mt in 2023. Imports in 2023 were 2.24 million mt above the tariff-rate quota...
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About Quest Group
Quest Group is a leading fertilizers, chemicals, steel and soft commodity products company with offices across the globe (Europe, Asia, Middle-East and Africa). Growing network of offices and partners allows Quest to fulfill its motto: ‘Think Globally, Act Locally’.
Quest’s products and services are geared towards serving its customers optimally. Its product portfolio is large and comprehensive consisting of fertilizers, grains, steel slabs and billets, plastics, aromatics, fiber intermediates, coke, alcohols, base oils, solvents, glycols and others. The supply chain and storage network has been developed as an efficient backbone supporting Quest’s strategy of achieving highest levels of customer satisfaction. The services team operates with similar focus and professionalism providing commodities trading services and financial solutions to customers.
Our Capabilities
Refining
Fully-owned refinery, which through a complex sequence of conversion processes converts oil into products and intermediates used in the manufacture of daily use items. Finished products include black oils, waste oils, mix hydrocarbon oil, condensate, light distillates and middle distillates.
Storage
Strategically located storage facilities provide strength to the manufacturing & trading processes. By storing vessel loads of feedstock, they enable Quest Group to serve customer demands in a timely manner.
Trading
Strong commodity trading team works round the clock to serve customers effectively.
Supply Chain & Logistics
Strong control on the supply chain ensures efficiency and predictability in delivery and minimizes product waste. This enables Quest Group to pass on cost savings to customers.
Consulting & Financial Services
A strong team of energy specialists located strategically across Quest’s Network are professionals dedicated to providing clients with tailor-made financial solutions to both producers and consumers of commodities.
Corporate & Environment Responsibility
At the operational level, Quest Group is dedicated to strict HSSE standards prioritizing HSSE over other considerations. At the organizational level, Quest Group is committed towards the welfare of the communities in which it operates. Committing employee time and financial resources to causes such as education are important to Quest.