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MARINE FUEL LOGISTICS

Marine Lubricant Suppliers in Global Supply Link-up

Aegean Marine Petroleum Network and SK Lubricants sign an agreement that will allow Aegean to increase its sales volumes in the marine lubricants market and SK Lubricants to extend its global sales network. Under the global cooperation agreement between the companies, Aegean will supply and deliver marine lubricant products to customers of SK Lubricants in the Aegean lubricants network, which currently covers 45 countries and 550 ports worldwide, and SK Lubricants will provide Aegean's customers in South Korea with marine lubricant products. E. Nikolas Tavlarios, President, commented, "Our agreement with SK Lubricants will allow Aegean to expand sales volumes for our marine lubricants and further extend our presence in the Asian market.  The marine lubricants market, although a smaller business for our company, continues to yield high operating margins and is a highly profitable revenue stream.  This agreement demonstrates our continued success in executing our strategy to further diversify our revenue base and drive growth by leveraging our existing infrastructure. We are excited about the opportunity to expand our lubricants sales volumes, which will allow us to increase profitability and create value for our shareholders." Kwan Ho Choi, SK Lubricants CEO & President, commented, "We are pleased to expand our global supply capabilities through this cooperation agreement with Aegean


GAC Bunker Fuels Appoints new US Bunker Manage

Maurice Lara

GAC Bunker Fuels, part of global shipping, logistics and marine services provider GAC, has announced the appointment of Maurice Lara as its Bunker Manager for East Coast USA. He is based in Norwalk, Connecticut and accountable to Nicholas Browne, Global Director of GAC Bunker Fuels, and Bob Bandos, Managing Director of GAC USA. Lara's background is in marine fuel trading, domestic and international logistics, vessel chartering and negotiating charter party agreements and end-to-end commodity


Green Initiative Progress Report by US Ship Operator

Horizon Lines Ship:Photo Horizon Lines

Horizon Lines updates progress towards environmental excellence A report (available at www.horizonlines.com) presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives Program" has been release by Horizon Line.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.


World Fuel Services' Solid Marine Bunker Q2 2013 Results

World Fuel Services Corporation (NYSE:INT), a global fuel logistics company, principally engaged in the marketing, sale and distribution of aviation, marine and land fuel products and related services, continues to  generate positive operating cash flow. The company report second quarter net income of $51.0 million or $0.71 diluted earnings per share compared to $48.6 million or $0.68 diluted earnings per share in the second quarter of 2012.


Chevron Announces Alliance with Petrol Ofisi

logoChevron.jpg

Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production, logistics and delivery service of the full range of Chevron’s marine lubricant product line in Turkey for the first time. Pedro Cardenes, General Manager Finished Lubricants - Marine said


Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc. today announced that they have agreed to develop, construct, own and operate Louisiana's first natural gas liquefaction and fueling facility along the New Orleans-Baton Rouge Mississippi River corridor with access to the Gulf of Mexico.


TOTAL Doubles 500 cSt Offering at Fos-Lavera

TOTAL Marine Fuels has doubled its capacity to provide 500 cSt bunker fuel at the French port of Fos-Lavera, near Marseilles. TOTAL began offering the fuel at Fos-Lavera in January of this year, and has now doubled its 500 cSt storage facilities at the port from an initial 10,000 to 20,000 metric tons. Several large bunker stems have already been sold, and Pascal Zoonekyndt, Zone Manager for Total France, says, “We continue to improve our logistics and product offer in line with the needs


Wilhelmsen Watching Cruise and Energy Markets

Philip Bannerman.bmp

“While the shape of the shipping industry in North America is fairly stable, we are expecting more global demand for our services from our cruise and offshore customers,” comments Philip Bannerman, Sales Director for Wilhelmsen Ships Service in the Americas. Bannerman, who is based at the company’s Houston, Texas office, also believes that Mexico has more potential for development. Commenting on the overall health of the ships agency business in North America, he says


China Shipyard Delivers Double-hull Bunker Tanker to AMPN

Aegean Tankship: Photo courtesy of AMPN

Bunker tanker from Qingdao Hyundai Shipyard delivered to Aegean Marine Petroleum Network (AMPN) to complete company's newbuild program Aegean Marine Petroleum Network Inc announce that it has taken delivery of the Symi, a 6,270 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The Symi, which is expected to be deployed to the Company's market in West Africa, represents the final vessel under Aegean's plan to take delivery of 31 double-hull bunkering


GAC Bunker Fuels Strengthens HQ Team

GAC Bunker Fuels Limited has appointed two new UAE-based bunker traders as part of its regional expansion plan. Georgia Paravalou will trade and broker marine fuels in her new role. An economics and management graduate, she joins GAC Bunker Fuels from AP&A. Ltd, where she worked as a shipbroker, coordinated the marketing department and developed business in the UK and South China. Anthony Inglis is charged with expanding GAC's bunker business in the Middle East and developing bunkering


Crowley Adds Houston-Caribbean LCL Service

Photo: Crowley Maritime

Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today.   The new logistics service is designed to enhance supply chain


Norsepower’s Rotor Sail Wins Innovation Award

M/V Estraden vessel with two rotors fitted (Photo: International Windship Association)

Judges describe world’s first renewable energy-powered vessel technology as “unlike anything else and…truly innovative”   Norsepower Oy Ltd., the developer of the world’s first renewable energy-powered vessel technology


Terntank's first 15000DWT Chemical Tanker Passes Sea Trials

Terntanks first 15000DWT Chemical Tanker with WinGD X-DF engine  Photo WinGD

The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine.


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges


Barillec Highlights its VarShaft System in Amsterdam

Image: Barillec

On the occasion of Electric & Hybrid Marine World Expo in Amsterdam, Barillec will focus on its VarShaft system, whose first prototype is now available in its showroom in Concarneau. VarShaft has been developed to improve energy efficiency of fishing boats and other service vessels.  


Volvo Penta Debuts New Diesel Engine and IPS

The new D8 and IPS15 package. (Photo: Volvo Penta)

Volvo Penta's concerted push into the commercial marine market continues with the introduction of the D8 diesel engine and the new IPS15 propulsion system   Ever since the global financial meltdown of 2008 briefly crippled the world leisure boat market


Rapido Gee: 42m Utility Vessel Delivered

Photo: Incat Crowther

Rapido Gee, a 42m steel monohull utility vessel, has been delivered and is currently in transit to the Middle East. The vessel will be operated by Rashied Marine Services in the service of offshore platforms.   Designed by Incat Crowther and built by Strategic Marine


ME-GI Engines for Maran's New LNG Carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs, both shiptypes with a number of options. Maran Gas Maritime has already four ME-GI powered LNG


Total Explores Partnership for Port Arthur Refinery Logistics Assets

French oil and gas company Total said on Thursday that it was exploring a partnership deal for the logistics part of its 225,000 barrels-per-day Port Arthur refinery in the United States and had been in talks in the last year with potential investors.  


US Navy 'Green Fleet' Fills up with Italian-made Biofuel

Guided-missile destroyer USS Mason prepares to seat a fuel probe delivered from the Italian oiler ITS Etna during a practice replenishment-at-sea. (U.S. Navy photo by Anderson W. Branch)

A U.S. warship took its first delivery of Italian-made biofuel on Thursday as part of the Navy's programme to use more alternative energy.   The USS Mason was refuelled alongside an Italian vessel, the Andrea Doria, in the seas off of Italy's southern coast with a mix produced by Italy's


DP World Chairman Meets President of Kazakhstan

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem with the President of Kazakhstan, Mr Nursultan Nazarbayev, during the St. Petersburg International Economic Forum in Russia Photo DP World

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with the President of Kazakhstan, Nursultan Nazarbayev, at the St Petersburg International Economic Forum (SPIEF) this week to enhance the co-operation between DP World and Kazakhstan.   


Rosneft, Pietro Barbaro JV Enters Global Shipping Markets

Photo: Pietro Barbaro

 Russia's Rosneft and Italy's shipping company Pietro Barbaro have agreed to jointly develop international sea freight operations, as the oil group has been aiming to expand its shipping business.   Rosneft (represented by RN-International projects) and Pietro Barbaro S.p.A


GTT, Endel Team-up to Roll-out Membrane Containment Systems

The concept, design, components, erection and testing of the membrane tank systems provided by GTT

21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance and License Agreement (TALA) for the construction of GTT membrane containment systems


Transition to the 0.50% Global Sulphur Cap

Photo: International Bunker Industry Association

 The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) is expected to decide on the timing of the global 0.50% sulphur cap for marine fuels in October this year, based on the result of a low sulphur fuel availability study required under MARPOL


VIDEO: WinGD X-DF Engine Powered Chem Tanker Passes Test

The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine.  






 
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