Marine Bunker Fuel
LNG America announced it has entered an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of an LNG bunker fuel network for the U. S. Gulf Coast region. LNG America is developing a hub-and-spoke delivery system for LNG as fuel for the marine market and other high horsepower applications. Ultimately, LNG America will establish delivery infrastructure for the delivery of LNG as fuel in major U.S. ports. Bunkering company Buffalo Marine presently has more than 50 vessels dedicated to bunkering in the Gulf of Mexico region. According to the companies, the agreement will incorporate Buffalo Marine’s logistical, commercial and administrative expertise regarding bunkering operations with LNG America’s experience with LNG as fuel for high horsepower applications; understanding of the emerging demand for LNG as a bunker fuel and overall business-development efforts related to LNG bunkering. “Combining the bunkering experience of Buffalo Marine with our LNG experience and our progress towards building the infrastructure necessary to support LNG bunkering will help us to provide the best possible service to the emerging LNG fueled marine customers while using the best safety practices available from both industries,” said Keith Meyer, President and CEO of LNG America.
GAC Bunker Fuels 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. Aneconomics 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
The 12th Singapore International Bunkering Conference (SIBCON) 2002, to be held from September 26-28, 2002 at the Shangri-La, Singapore, will be officially opened by Mr Khaw Boon Wan, Senior Minister of State for Transport, and Information, Communications & the Arts on 26 Sep 2002. Khaw would also be delivering the opening address for the ceremony. This biennial event will bring together some 25 maritime and marine fuel experts from around the world to speak on the latest international
OW Bunker has entered into a partnership with Petrocosta CI SA, a Colombian fuel marketing and transportation company. The agreement will further develop OW Bunker’s physical distribution network of marine fuel in Colombia and support its growth across Latin America. Petrocosta’s responsibilities will include the sourcing, blending, storage and transportation of marine fuel products. OW Bunker will handle the sale and marketing of products through its existing network
Harvey Gulf International Marine, LLC reported that its dual fuel offshore support vessel (OSV) M/V Harvey Energy has today bunkered LNG as a marine fuel. The news makes Harvey Gulf the first North American owner/operator of a dual fuel OSV to bunker LNG as a marine fuel, as well as the first to complete a truck to vessel transfer of LNG. The bunkering took place at a shore-based terminal owned by a subsidiary of Martin Midstream Partners L.P. in Pascagoula, Miss
Transparency Market Research launched its latest study on the global bunker fuel market, in terms of revenue and volume. The report predicts that the global bunker fuel market is likely to reach an estimated volume of 460 million tons by 2020. The market, therefore, is poised to exhibit a moderate 3.1% CAGR during 2014-2020, expanding from 372.30 million tons in 2013. Bunker fuel is a fractionally distilled liquid fuel derived from crude oil.
Engine room crew of DFDS ship 'Petunia Seaways' reduce bunker consumption, enter company's fuel saving competition. North European ferry operator DFDS has said in an internal newsletter that its engine room crews across the fleet are: "...all extremely focused on saving fuel by testing new and creative ideas and they are never satisfied with what they have achieved, but always looking for further improvements."
Argus Marine Fuels has launched a daily marine fuels pricing and analysis service. The new service provides unique market data and intelligent analysis of the increasingly complex marine fuels market. Trade in marine fuels is changing quickly. Oil prices are high and volatile. New environmental regulations are forcing ships to burn more expensive low-sulfur fuels. Trading companies are entering the market as others abandon it
Shipbuilding, repair endorsed by government to diversify economy The recent 2013-14 National Budget of Trinidad and Tobago firmly highlighted the government’s intention to endorse Shipbuilding and Repair as a means of diversifying our traditional oil and gas economy. Trinidad & Tobago is in the middle of the world’s shipping lanes with an approximate 31,000 voyages per year passing within 25 nautical miles
EBDG’s LNG bunkering barge design receives ABS approvals as the maritime industry increasingly looks to LNG as a fuel of the future. In early June, Federal Maritime Commissioner William P. Doyle told listeners at an LNG Bunkering conference in Vancouver, Canada that “Liquefied Natural Gas (LNG) bunkering in North America is moving forward … There is an abundant supply of natural gas in North America
Greece's LNG engineering solutions provider, Helengi has revealed its LNG bunker feeder vessel Amaltheia during the recent Posidonia exhibition held in Athens. "A state of the art vessel is the result of years of intensive engineering studies and it is the first time that Greek
NYK is participating in a study launched by Japan’s Ministry of Land, Infrastructure and Transport and Tourism (MLIT) to explore the feasibility of LNG bunkering in Yokohama. This study is examining the technological and infrastructural requirements for establishment of an LNG
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
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
Logimatic has expanded the vessel reporting system and dynamic dashboards within its Sertica software package, to provide an improved level of visual presentation of shipboard data and move towards a 3D vessel performance management service.
The Fitch Fuel Catalyst improves fuel efficiency by 5-12 percent, reducing pollutants and paying for itself many times over. According to the manufacturer, Advanced Power Systems Int’l, these benefits are being experienced by many hundreds of commercial ships and vessels operating
A set of Standard Operating Procedures (SOP) for surveyors has been developed by the International Bunker Industry Association (IBIA) to help the industry manage new regulations, standardize best practice and build trust in the market, IBIA announced.
The demand for container shipping is really not going anywhere at the moment. Indicators for growth in the first months of 2016 point to limited overall demand and huge variations from trade to trade. In addition, all numbers are impacted by Chinese New Year
he first ever UK domestic dual-fuelled new build vessels will feature fully integrated Wärtsilä propulsion machinery packages. Wärtsilä will also supply extended engineering and site support services. The two ships, both 102 metre long ro-ro passenger ferries
Gondan Shipyard announced that Østensjø Rederi AS has declared the option to build a second service operation vessel (SOV), a sister vessel to the one under construction at the shipbuilder’s facilities in Figueras. Both vessels will be chartered by Dong Energy AS for a period
Shell Offshore Inc. today marked the delivery of the third liquefied natural gas (LNG) powered offshore supply vessel (OSV) in Port Fourchon, La. The new vessel, Harvey Liberty, chartered from specialist company Harvey Gulf International Marine, will join sister ships
A complete turnkey solution for fuel transferring and pulling contaminants from tanks and bilges in boats, yachts and storage tanks The #9040PN Marine Fuel Tank Sweeper from Innovative Products of America (IPA) removes water, impurities and sludge from fuel tanks and bilges
Engineering specialists at Caterpillar Marine’s new Marine Solutions Center are overseeing delivery of the first Cat Marine Hybrid Thruster system, being delivered this month to an undisclosed shipyard in Singapore and will be commissioned midyear.
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced that KTB will become a member of the KPI Bridge Oil Group as of June 1, 2016. The merger comes a year after the group’s acquisition of Denmark based Trumf
ABS, a provider of classification services to the global marine and offshore industries, has teamed up with partners Arista Shipping, Deltamarin, GTT and Wärtsilä in the “Project Forward” joint development project (JDP) to develop a dry bulk carrier concept that employs LNG