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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


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


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


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


Insights: Kunkel Weighs in on Propulsion Technology

Bob Kunkel - President, Alternative Marine Technologies, Inc.

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers. Kunkel, President of Alternative Marine Technologies, previously served as the Federal Chairman of the Short Sea Shipping


LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN LOGISTICS to develop the first in a new generation of ships for greener shipping.


Fuel Consumption, Emissions Monitoring Software Updated

Aquarius MAS on Blue Star Delos upgraded with new software which allows real-time reporting and logging of fuel consumption and emissions Image Eco Marine Power

As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS) installed on Blue Star Delos has been updated with new fuel oil consumption (FOC) and emissions monitoring software.


Hyundai Bags NZ Defence Order

3D Image of Logistics Support Vessel HHI to Build Under New Zealand Defence Force’s MSC Project. Photo: Hyundai Heavy Industries

 Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has won an order to build a 23,000 ton class logistics support vessel for New Zealand Defence Force’s Maritime Sustainment Capability (MSC) project.   


Team Britannia, GAC Inks Partnership Deal

GAC & Team Britannia sign deal Image GAC

As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner. GAC will draw on the local contacts and expertise of its network of global offices and partners to provide the 80ft powerboat


Ship of the Year Award for NYK Vessel

Image of LNG-fueled tugboat Photo NYK

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards sponsored by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE)


WWL Adds MV Themis to its Fleet

MV Themis. Photo: Wallenius Wilhelmsen Logistics

 Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete.   Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long, 36


Foxx Names New Members to Maritime Industry Advisory Panel

U.S. Transportation Secretary Anthony Foxx announced the appointment of 29 new members to the Marine Transportation System National Advisory Committee (MTSNAC).  Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms, ship construction, repair and recycling


Harbor Breeze Cruises Expands Fleet with AAM Built Catamaran

M/V La Espada (Image: AAM)

All American Marine, Inc. (AAM), together with Harbor Breeze Cruises, has announced the completion and delivery of an aluminum catamaran passenger vessel to operate in the Los Angeles and Long Beach harbors.   The new vessel, M/V La Espada


WWL Adds Another Neo-Panamax

MV Thermis (Source: Port of Nagoya, Japan)

Themis is Wallenius Wilhelmsen Logistics’ (WWL) fourth Neo-Panamax class vessel, which means it is built for the expanded Panama Canal inaugurated June 26.   Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 meters long, 36


South Korea Mulls LNG Bunkering Hub

Image: SSPA Sweden AB

 A group of South Korean companies including shipbuilders have come together to establish an association dedicated to developing liquefied natural gas (LNG) bunkering facilities and infrastructures including LNG-fueled vessels, says a report in the Pulse.  


MR Tanker Stena Imagination Delivered

Photo: Stena Bulk

Chinese shipyard GSI (Guangzhou Shipbuilding International) has delivered the newly built MR tanker Stena Imagination to 50-50 joint owners Stena Bulk and Indonesian Golden Agri Resources (GAR). She will be operated by Stena Weco and sail in the company’s global logistics system


Wärtsilä in Coalition to Promote LNG as a Marine Fuel

LNG Value Chain. Graphics: Wärtsilä

 Wärtsilä and other leading marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.    The coalition aims to help break down the barriers hindering the global development of


TTA Disposes Ship Agency

Image: Thoresen Thai Agencies Plc

 Thailand-based Thoresen Thai Agencies (TTA) has disposed of all its holdings in affiliated ship agency Thoresen Shipping and Logistics Ltd (TSL).   TTA said in an exchange filing that it had disposed of around 240,000  TSL shares to Thailand-based Naxco Shipping and Logistics.


Volvo Penta’s IPS System a Boon to Ferries Operators

The Antares boat on the sea around the Amalfi coast. Photo Volvo Penta

A new passenger ferry, Antares, has been launched from the Italian city of Naples and is the first boat of its kind in the region to be installed with Volvo Penta’s ingenious Inboard Performance System (IPS). The installation of IPS 900 showcases Volvo Penta’s state-of-the-art






 
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