State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received in June and supplied to domestic thermoelectrical companies, according to a document seen by Reuters on Thursday. The fuel will be delivered to Cammesa, Argentina's electricity market administrator, while the 90,000 barrel per day (bpd) Campana refinery undergoes a maintenance to its key operational plants, including crude distillation units, a delayed coker, a catalytic cracker and a reformer. YPF bought a previous fuel oil cargo earlier this month that will be received from May 26 to June 1. The first fuel oil cargo requested this time, with maximum 0.95 percent sulfur, must be delivered June 2-8 at Buenos Aires, Bahia Blanca or Campana ports in Argentina, and the second one should be unloaded on June 9-15. The company will receive offers until April 23 and they have to be indexed to prices at New York Harbor. Even though it is a large crude producer, Argentina imports a big portion of the liquid fuel it needs for its power industry. (Reporting by Marianna Parraga; Editing by Eileen O'Grady)
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Kakoki Kaisha, Ltd. (MKK) say they have jointly developed a "Hybrid SOx Scrubber System" that efficiently removes sulfur oxides (SOx) from exhaust gas emitted by marine diesel engines – the first in Japan to comply with the more stringent SOx emission regulations that will take effect in designated emission control areas (ECA) in 2015. The system is capable of scrubbing exhaust gas from the combustion of fuels emitted from
Oil leaking from a fuel tanker that sank in the Gulf off the coast of the United Arab Emirates while reportedly smuggling Iraqi oil was brought under control on Sunday, a UAE official said. The 3,500-ton Iraqi tanker Zainab, which sank on Saturday, was intercepted several days ago by the Multinational Interception Force that enforces sanctions against Iraq, an official at the Bahrain-based U.S. Navy's Fifth Fleet said.
Algae-X International has acquired the exclusive North and South American representation for the patented product line of Heavy Fuel Oil (HFO) Treatment equipment and Water In Diesel Emulsion (WIDE) technology. This CD92 product line is manufactured by SIT/Nordika GmbH in Germany. The SIT Homogenization and Emulsification equipment is based on technology for the treatment of heavy fuel oil, waste oil, & diesel fuel. It is designed to eliminates sludge and waste oil disposal
When Battleground Oil Specialty Terminal (BOSTCO) on the Houston Ship Channel starts operations in October, ship channel congestion is likely to be lessened. BOSTCO will start operations in October 2013 with 2.84 million barrels of residual fuel oil and feedstock storage, about 40% of its earlier-announced 7.1 million-barrel capacity, report Platts, citing sources close to the project and Gulf Coast fuel oil traders.
Bunkering rose again for the first time since 2011 in Rotterdam, the biggest bunker port of Europe: 10.6 million tonnes compared to 10.4 in 2013. The whole of the increase is accounted for by marine gas oil and diesel; sales rose from 500,000 to almost 700,000 tonnes. Sales of fuel oil stabilised – after falling for years – at 9.8 million tonnes. In addition, 100,000 tonnes of lubricant were sold. Cleaner shipping
ExxonMobil Marine Fuels (EMMF), a world leading supplier of marine fuels, has warned that alternatives to a pure sulphur cap on fuels need to be investigated, made workable and used, if serious pitfalls are to be avoided. Steve Walker, Global Technical Manager of EMMF, told the recent International Bunker Conference in Rotterdam that, while any move to ensure cleaner air should be welcomed, the current EC proposal for amendment of the Sulphur in Liquid Fuels Directive has yet to look in
OW Bunker highlights potential for Mass Flow Meters at customer event in Copenhagen and shows how onboard blending and monitoring processes ensure product quality OW Bunker, one of the world’s leading suppliers and traders of marine fuel oil, highlighted today the impact that mass flow meters can have in solving the ‘quantity issue’ and demonstrated the steps that it is taking to ensure product quality in an event attended by key customers including DFDS, Maersk Oil
Mitsui Engineering & Shipbuilding Co., Ltd., and 100% owned subsidiary MES Technoservice Co., Ltd., have received an order from a Taiwan shipowner for fuel-efficiency modifications to the main engine (Mitsui-MAN B&W 12K98MC/M6) of three large type container vessels. In recent years the rising costs of fuel oil together with the need to reduce the environmental impact of shipping vessels have sharply increased the practice of slow steaming especially for large container vessels whose
Company will hire 20 to 40 bunker fuel specialists Independent energy and commodities group Mercuria’s global head of trading discussed the expansion of the group's maritime fuel business, Minerva. "We believe we are forging a strong new model in the maritime fuel business. This is a transparent and reliable model that puts the client first to ensure the quality and delivery of their energy needs to their marine vessels," said Magid Shenouda
The China's four state-run shipping-related companies are reportedly in the initial phases of combining units in order to beef up the national shipbuilding industry, says local media. The chances of mergers between China Ocean Shipping, China Shipping Container Lines
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
Grounded cargo ship Floreana was refloated by T&T Salvage on April 4, 2015 in San Cristobal, Galapagos Islands, Ecuador. Leading operations in the Galapagos Islands World Heritage Site, T&T Salvage ensured all fuel, oil and other pollutants were successfully removed prior
Around 120 kilos of shipping fuel has been scraped up off the Spanish Gran Canaria tourist beaches Veneguera, Tasarte and Taurito, the government said on Thursday, after a Russian fuel-laden ship sank off the coast last week. The situation on the beaches would worsen over the next few days
Demand for oil is intimately connected to the demand for transportation in the United States and the other advanced industrial economies. Cars, trucks, airlines, railways and shipping accounted for 71 percent of total U.S. oil consumption in 2013, according to the U.S
The tanker Singa Berlian has been hijacked, off Pulau Repong, Indonesia, by armed pirates, reported anti-piracy watchdog International Maritime Bureau (IMB). According to the report, the incident took place on March 9 at about 9 pm local time some 37 nautical miles south of Pulau
The U.S. Coast Guard is responding to the sinking of a towing vessel on the Ohio River near Golconda, Illinois, Wednesday. Coast Guard Sector Ohio River Valley watchstanders were notified the towing vessel David Dunnigan sank while working near mile marker 897.5, at approximately 8 p.m
Approximately 33 gallons of heavy fuel oil was spilled during bunkering operations at an anchorage inside the Port of Long Beach Saturday morning, The U.S. Coast Guard reported. The U.S. Coast Guard, state of California, and response crews are responding
The implementation of a global sulfur cap slated for 2020 is estimated to add an additional $50-100 billion to the shipping industry's annual fuel bills, Lloyd's List reports. The spread between heavy fuel oil (HFO) and Emission Control Area (ECA) compliant marine gas oil (MGO) is
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. Desert Osprey (MES Hull No. 1862) at its Chiba Works on March 31 2015 to Lazio Shipping and Investment Limited, Republic of Marshall Islands.
DuPont Sustainable Solutions, through its subsidiary BELCO, has been awarded a contract to supply DuPont Marine Scrubber systems to two vessels owned by Condor Ferries, a Guernsey-based company that operates year-round freight, car and passenger ferries between the Channel Islands
Maritime and Port Authority (MPA) of Singapore said that Singapore bunker fuel sales rose 5.34% month on month and up 12.33% year on year, to 3.58 million mt in March reports Platts. The vessel arrivals in Singapore for bunker fuel rose to 3,295 in March, up 9
ABB will deliver energy monitoring and management system EMMA to German-based cruise operator AIDA’s entire fleet consisting of 10 vessels. The EMMA advisory suite, already installed on six of AIDA’s cruise ships, is a decision-support tool to minimize the overall energy costs
The Bomin Group, a global physical supplier and trader of marine fuel oil, has announced that it is launching a physical operation in Copenhagen, Denmark. The expansion is in line with the company’s ambitious plans for growth throughout 2015.
Spain launched an investigation on Thursday into the sinking of a Russian ship off the Canary Islands, as coastguards battled a six-km (3.7-mile) oil slick close to tourist beaches. Environmentalist group Greenpeace criticised authorities for towing the burning fishing vessel out to sea