VANE LINE BUNKERING
Chesapeake Shipbuilding has launched another tugboat for Vane Brothers, the builder announced today. The tugboat, named Fort Schuyler, represents the 11th tugboat that Chesapeake Shipbuilding has built for Vane Brothers of the 14 contracted. The new tugboat is nearly identical to the previous 10 tugboats built for Vane Brothers - equipped with twin Caterpillar 3512 main engines producing a combined 3,000 horsepower, and a single drum hydraulic towing winch. Each Chesapeake Shipbuilding tugboat is built in a controlled indoor environment, before being moved and launched into Maryland’s Wicomico River. Chesapeake Shipbuilding has recently made significant upgrades to its facility to increase its production capacity and efficiency, including two large hull fabrication buildings.
The global bunker trading company A/S Dan-Bunkering Ltd. is pleased to announce that Mikkel Søholm Vestergaard has been employed as Bunker Trader as per August 5, 2013. Mikkel actually started his career with Dan-Bunkering already back in 2003 in the head office in Middelfart. Here he was employed as Bunker Trader until 2006, where after he decided to pursue a career in a different line of business, both in Denmark as well as abroad
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, announced that it has recently concluded the semi-annual meeting of bunker providers in DMCA’s offices. The meeting discussed the annual issuance of the DMCA certificate of authorization as well as various key industry issues, in line with DMCA’s commitment to promote public-private partnership in the maritime sector.
New IMOS6 (Integrated Maritime Operations System) Bunker Management Solution Helps Enhance Voyage Profitability BOSTON, MA and STAMFORD, CT – March 21, 2011– At the Connecticut Maritime Association 2011 Shipping Exposition today Veson Nautical, the premier provider of maritime commercial management and trading software solutions, announced Phase II of the company’s IMOS6 Bunker Management Module. Veson’s newest offering helps professionals manage their overall
OW Bunker confirmed an increase in demand for bunkers across the Pacific Islands, resulting from a further strengthening in trade between Australia, China, Indonesia and India and further growth in the domestic cruise industry. OW Bunker Australia, which acts as the OW Bunker Group's purchasing centre for the region, has reported that the Pacific Islands are experiencing an increase in demand for marine fuel as Australia's commodities markets and marine tourism industries continue on a
Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. Container shipping companies deal with the volatility in fuel prices by adding a separate bunker adjustment factor or fuel surcharge to their freight rates. Fuel can account for more than 60 percent of the total operating costs of moving freight across the oceans so the surcharges are one of the most important elements of total
Chesapeake Shipbuilding Corp of Salisbury, MD delivered the second of six new tugboats to Vane Brothers of Baltimore, Md. this week. Elk River will join Sassafras, the first tug that Chesapeake built for Vane Brothers, in hauling 30,000 barrel tank barges on near coastal routes. Construction is already well underway on the remaining four tugs, each of which will be delivered over the next year and a half. Elk River produces 3
The website www.lngbunkering.org is launched that features Liquefied Natural Gas (LNG) as a shipping fuel. The website is an initiative of the World Ports Climate Initiative (WPCI) LNG Fuelled Vessels Working Group under the auspices of the independent, non-profit International Association of Ports and Harbours (IAPH). The website provides a detailed overview of the use of LNG as ship fuel and illustrates the technical requirements for ships, bunkering infrastructure
LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini Class LNG bunker barge scheduled for delivery at the end of 2015. “Taylor-Wharton has been actively engaged in the development process and instrumental in helping to develop the critical path time line for a late 2015 in-service date,” said Keith Meyer, CEO of LNG America.
Three new appointments announced as recruitment drive to support expanding customer base continues. Dynamic Oil Trading has announced a series of appointments at the company’s recently launched Dubai office, amid continued expansion of the firm’s Middle East operation. Bunker traders Leonore Lagendijk and Mirko Antichi, as well as accountant Sheila Oller will join Dynamic Oil Trading’s Dubai operation with immediate effect
Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency.
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has announced the take over of A/S Trumf Bunker. A/S Trumf Bunker in Denmark becomes a full member of the KPI Bridge Oil Group as of July 1
A group of 27 Danish institutional investors say they will launch a legal action against the former management of OW Bunker, a shipping company that filed for bankruptcy last year just six months after listing, and the private equity firm that brought the company to market.
A group of Danish investors have sued OW Bunker for 800 million Danish crowns ($120 million) for misleading them in its initial public offer (IPO), after the ship fuel supplier filed for bankruptcy just months after listing. The 27 institutions
Astilleros Zamakona S.A, belonging to our group Zamakona Yards has signed a contract with the owner ESVAGT A.S, a company belonging to the multinational Danish AP Møller-Mærsk. The vessel will be delivered in the 2nd quarter of 2017 and will have the design and engineering of
Glander International Bunkering, a lubricant trading and brokering company has appointed Jake Marcello as Bunker and Lubricant trader/broker for the Florida office. Jake Marcello joins Glander International Bunkering with a passion for the maritime industry and has completed several
The rapid expansion of container shipping capacity this year threatens to reverse the strong profitability ocean carriers showed in the first quarter, Drewry Shipping Consultants Ltd said. Carriers weathered a storm of low rates in the first quarter to deliver some of the best
Miko Marine AS has appointed Spencer Go as managing director of its new subsidiary in Singapore which was established in May. Miko Marine Asia Pte Ltd has opened a new office in Lokyang, Singapore from where Spencer Go will be spearheading the sale of Miko products and services throughout
Glander International Bunkering, a global leader in Bunker, Lubricant trading/brokering has promoted Piyush Raghuvanshi as Senior Bunker/Lubricant Trader & Team Leader of the Mumbai office. Piyush joined the firm in 2013 and demonstrated strong leadership and trading skills. Mr
Skangas announced that the first ever bunkering station for liquefied natural gas (LNG) in the Nordics is open and operating successfully. The new bunkering station fuels Fjord Line’s cruise ferries, which are the first - and largest - in the world to use "single fueled
Report explores the benefits and challenges of natural gas power from the perspective of fuel providers and operators. Classification society ABS published a new Advisory about LNG Bunkering in response to the industry's growing interest in gas propulsion
Russian LNG-Gorskaya LLC has signed a contract with the shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. LNG-Gorskaya said in a statement that the vessels will be used for its LNG plant project at Gorskaya
Glander International Bunkering is proud to announce that Ajay Menon has been appointed as the Managing Director of Glander International Bunkering (India) Private Limited. Prior to his promotion, Mr. Menon was Senior Bunker/Lubricant Trader & Team Leader in the Dubai office.
British oil major BP and China’s Sinopec Fuel Oil have formed a marine fuels bunkering joint venture (JV), BP Sinopec Marine Fuels Pte Ltd. Under the deal, the 50-50 percent joint venture, BP Sinopec Marine Fuels Pte Ltd
British oil major BP and China's Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday. The 50/50 joint venture, which builds on a similar agreement signed in 2011, will leverage both companies' existing bunkering