Search results for: marine fuels

105516 results

A list of search results

  • 8 November 2017
    Business & Finance

    Marine fuel company Aegean Marine Petroleum Network Inc. expects to report a net loss for the third quarter of 2017 ranging between USD 3.4-4.4 million as a result of volatile market conditions dominating the first half of the year. The loss is being announced despite Agean’s efforts to cut costs as sales margins feel the […]

  • 11 February 2015
    Business & Finance

    The early results for 2015 show that there has been a marked improvement in bunker fuel quality, the International Bunker Industry Association (IBIA) said. According to the data gathered by Intertek ShipCare, 8% of samples tested in 2015 reported off-spec, compared with 10% in 2014. ”Test figures for 2014 also showed a significant change in purchasing patterns of […]

  • 25 March 2015

    Vietnam is about to introduce diesel fuel with less than 0.25 percent sulphur in its water transport, replacing the fuel oil with high sulphur content. The switch is set to enter into force at the beginning of 2016, the government said. “From the start of next year, diesel with 0.25 percent sulphur, mainly used in […]

  • 1 November 2018
    Business & Finance

    ExxonMobil: new unit in Antwerp to convert heavy, higher-sulfur residual oils into marine gasoil and diesel.

  • 1 June 2020
    Business developments & projects, Collaboration, Outlook & strategy

    Glander International Bunkering Group has acquired Canden Marine Fuel Services, a Canada-based marketer of marine fuels.

  • 9 June 2016

    Demand for alternative fuels is expected to rise especially in the face of volatile oil prices, the ever changing regulatory framework and the projected exponential growth of global deep sea shipping tonnage, according to propulsion system makers and classification societies gathered in Athens this week for Posidonia 2016. LNG is said to be the front-runner with […]

  • 24 November 2017

    The French state will modify its regulations to facilitate the uptake of liquefied natural gas (LNG) as a marine fuel, the country’s Prime Minister Edouard Philippe said while addressing the present at a maritime conference in the port town of Le Havre. Phillippe said that the government would encourage the country’s ports to develop the necessary […]

  • 18 April 2014
    Business & Finance

    Endofa, an independent marine fuel supplier and bunker trader, has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann served as Chief Executive Officer for Shipping.dk. He also served on the board of the Danish Shipbrokers Association. “We have known Lars for many years and always admired him for his accomplishments in […]

  • 9 September 2015

    Low crude oil prices have ‘partially eclipsed’ the cost benefits of adopting LNG as a marine fuel, however, as it is unknown for how long will they linger shipowners need to decide on their next step, Mark Bell, general manager of the Society for Gas as a Marine Fuel (SGMF) said while speaking at London International Shipping […]

  • 11 February 2015
    Business & Finance

    Choosing the right investment towards compliance to 0.1% sulphur emissions in select SECA areas with effect from January 1 led to many debates in the last year, according to MEC Intelligence. With the deadline now past, a review of the announcements made by a total of 70 companies, including top 10 companies across seven categories in the […]

  • 27 June 2018
    Rules & Regulation

    Study: USD 22 billion investment in LNG infrastructure for shipping in Europe a costly distraction.

  • 19 December 2017
    Business & Finance

    Supply infrastructure at major ports and attractive pricing are to drive demand for LNG as a marine fuel.

  • 9 September 2015

    Low crude oil prices have ‘partially eclipsed’ the cost benefits of adopting LNG as a marine fuel, however, as it is unknown for how long will they linger shipowners need to decide on their next step, Mark Bell, general manager of the Society for Gas as a Marine Fuel (SGMF) said while speaking at London International Shipping […]

  • 23 September 2019

    The World Shipping Council plans to propose the creation of a R&D entity to identify a new generation of marine fuels.

  • 25 September 2017
    Business & Finance

    FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Shell), has carried out the first commercial liquefied natural gas (LNG) bunker transfer in Singapore.  The LNG bunker transfer, which was carried out in batches from 22 July to 23 September 2017, took the form of a truck-to-ship bunkering of the floating liquefaction (FLNG) vessel, […]

  • 26 April 2018
    Business & Finance

    USCG: Marine diesel fuel spill was reported at the APM Terminal in Bayonne, New Jersey, on April 25.

  • 16 April 2018
    Business & Finance, Rules & Regulation

    Methanol is ready to go as a marine fuel now, and could be playing a much bigger role post-2020.

  • 11 July 2017
    Business & Finance

    As the interest towards LNG as a marine fuel increases, one of the main obstacles to the accelerated uptake is the uncertainty regarding future market volumes of LNG, according to a market study by DNV GL. The classification society has addressed this issue in the study on the future LNG market in the Iberian Peninsula, […]

  • 1 April 2020

    Vitol Marine Fuels, a unit of the Vitol Group, has acquired the Singapore-based bunkering specialist Sinanju Tankers Holdings (Sinanju).

  • 7 January 2019
    Business & Finance

    Bunker One reveals plans to establish a new physical bunker entity that will serve the German market. 

  • 31 August 2015
    Business & Finance

     Florida’s marine fuel provider Bunkers International Corp (Bunkers) and its affiliated companies have filed for reorganization under Chapter 11 of the Bankruptcy Code. “The companies were forced to take this action after their primary lender ceased lending and swept all available cash,” the company said in a statement. However, Bunkers said that despite the recent […]

  • 29 March 2017
    Business & Finance

    Three new members, JAX LNG, Petronet LNG Limited, and Toyota Tsusho Corporation (TTC), have joined the multi-sector industry coalition SEALNG committed to accelerating the use of LNG as a marine fuel. The three companies support the coalition’s goal of creating the necessary confidence in the shipping sector to drive an effective and efficient global LNG value […]