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
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
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.
The broken-up Maltese-registered tanker Erika, carrying up to 25,000 tons of fuel oil, sank in stormy Atlantic seas off northwestern France on Dec. 3, according to the Cross Maritime Rescue Center. The tanker's stern, which contained most of the oil, sank as it was being towed farther out to sea to try to avoid pollution on Brittany's tourist coast. The bow disappeared earlier beneath the waves, about 24 hours after it split from the stern 45 miles south of Brittany's rugged Finistere
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
The U.S. Environmental Protection Agency released interim guidance for ship owners and operators clarifying how the U.S. government will implement fuel availability provisions when ships are unable to obtain fuel that meets standards protecting against sulfur pollution along the coast. Sulfur pollution has been linked to respiratory illnesses, particularly in at-risk populations including children, the elderly, and asthmatics
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
M.V. Hanjin Chiba -- 7th Ship of the New Generation Eco-Ship “Mitsui neo56” -- 56,000 DWT Type Bulk Carrier Delivered Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “HANJIN CHIBA” (MES Hull No
The U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) will soon take action to ensure compliance with the forthcoming 0.10 percent fuel sulphur limits in the North American and U.S. Caribbean Sea Emmission Control Areas (ECAs), the USCG’s Maritime Commons said.
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming a difference from the average of first half of 2014 at $578 for 380 cSt, High Sulphur Fuel Oil (HSFO) in Rotterdam, to a new level of $412
The International Maritime Organization (IMO) today adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized the measures for not going far enough to protect the Arctic and Antarctic environments
On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Faisal's decision led directly to the introduction of a ban on U.S
Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers, although the industry is warning of a short-term sales dip.
Dual-fuel ME-GI engine adds important reference to growing list. United European Car Carriers (UECC) has signed a contract for the construction of two LNG-powered Pure Car/Truck Carriers (PCTCs). A single MAN B&W 8S50ME-GI dual-fuel engine will power each newbuilding.
The Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea has ordered a total of 54 Wärtsilä dual fuel engines to power 172,600 cbm icebreaking LNG carriers being built for use in arctic conditions to serve the Yamal LNG project in Northern Russia.
TE Connectivity (TE) announced its new INSTALITE Molded Boots that are up to 30 percent lighter than TE standard -25 boots. These high-performance heat-shrink boots have been designed for applications in military ground systems, aerospace and marine
Eastern Shipbuilding Group, Inc. held its third HOSMAX Double Event in Panama City, Florida. On Friday, October 24, 2014, the christening and subsequent launching of the HOS Brairwood (Hull 210) the 10th HOSMAX launch in 20 months, followed with the same day delivery of the HOS Black Watch
CMA CGM said it will implement a low sulfur surcharge on all its trades in Emission Control Areas (ECAs) and for all cargos as of January 1, 2015. MARPOL Annex VI regulations for the prevention of air pollution from ships assign Sulfur Oxides (SOx) Emission Control Areas (ECA) with more
Major oil companies, trade firms to expand market share; tight credit hits small retailers. The collapse of OW Bunker in the wake of an alleged fraud at its Singapore trading unit will shake up the city state's more than $25 billion marine fuel market, the world's largest
Hong Kong bunker suppliers are expecting up to 20 percent more inquiries from shipowners who have had fuel contracts cancelled after the world's largest supplier announced its bankruptcy last week, sources said on Friday. Since the fall of OW Bunker
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas
OW Bunker owes financers more than $750 million-creditor data; six more vessels arrested; 7 in total. The Singapore arm of bankrupt Danish shipping fuel trader OW Bunker will meet with its liquidator KPMG in early December to discuss the firm's outstanding debt, which totals almost $1