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History

15 Inventories

US$'000 2016 2015
Bunkers 52,375 41,128
Lubricating oil 10,117 9,657
62,492 50,785

Accounting policy

Inventories are stated at the lower of cost and net realisable value, as estimated by the management. Costs are calculated on a first-in first-out basis.

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My Annual Report

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