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."
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
Despite its unquestionable allure, LNG as a fuel carries with it as many risks as it does answers to the problems it promises to solve. As industry and OEM’s work to remove any doubt, the collaborative effort outpaces the slow-moving regulatory machine. Even as Lloyds Register predicts that LNG will reach a maximum 11% share of marine propulsion solutions in 2030, it also says that segments with higher proportion of small ships will see the highest LNG uptake
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
Veritas Petroleum Services (VPS) and Seagull Maritime AS announced today that they have signed a collaborative agreement that will capitalise on their complementary strengths to bring state-of-the-art fuel management training to the maritime industry.
Starting on April 18, Waterfront Shipping Company Ltd. (WFS), Marinvest/Skagerack Invest (Marinvest), Westfal-Larsen Management (WL), and Mitsui O.S.K. Lines, Ltd. (MOL) attended the traditional ship naming ceremonies and took delivery of the first Korean and Japanese built methanol-fueled
Classification society ClassNK has released the fourth version of its Guidelines for Gas Fueled Ships. With the introduction of increasingly strict environmental regulations, the industry is now turning toward the use of cleaner fuels such as LNG and more recently other low flashpoint
Singapore's Maritime and Port Authority (MPA) have revoked two bunker suppliers' license to operate in the world's top bunker port. The two companies have, according to the authority, violated the terms and conditions for bunker activities in the port.
Glander International Bunkering a global marine fuel, lubricant trading and brokering firm welcomes Guyson as Bunker & Lubricant Trader to the Singapore office. Guyson joins Glander International Bunkering with regional expertise in the Asia Pacific region and has been in the maritime
It is predicted that biofuels will make up 5-10% of the global marine fuel mix by 2030 – meaning that biofuels will represent a crucial role in creating a low-emission future for shipping. In the wake of COP 21 and in advance of any subsequent IMO ruling on the environment
A group of 26 institutional investors has issued a summons against bankrupt Danish ship fuel supplier OW Bunker in the latest stage of a legal campaign for allegedly misleading them in its 2014 initial public offer (IPO). The investors had said last year they would sue Bunker
Lucion Marine wins U.K. ports fuel oil sampling contract with the Maritime Coastguard Agency Hazardous material and risk management specialist Lucion Marine, part of the Lucion Services Group, has won a major contract with the U.K.’s Maritime and Coastguard Agency (MCA) to provide
Starting in April, Waterfront Shipping Company Ltd. (WFS), Mitsui O.S.K. Lines, Ltd. (MOL), Westfal-Larsen Management (WL), and Marinvest/Skagerack Invest (Marinvest) will welcome innovative, clean-burning, fuel-efficient vessels to the sea. These seven 50
Wärtsilä has been awarded the contract by Gdansk Shiprepair Yard Remontowa S.A., to supply a scope of engines, propulsion machinery, integrated automation systems, and gas handling systems required for the mid-life upgrading of two RoPax ferries and their conversion to operate on LNG fuel
John Hatley, Vice President, Wärtsilä Marine Solutions in America, has been elected to the Board of Directors of the Society for Gas as a Marine Fuel (SGMF). Wärtsilä has long been at the forefront of developing technologies to make possible the use of gas as a marine fuel
A South Korean Car carrier Ocean Tango was grounded by a storm which battered Busan, Korea, on Apr 17. The 2,736 dwt Vessel was docked at Yeong-gu area, reportedly fuel tanks were damaged with ensuing fuel leak.
Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel makes serious inroads into the marine bunker market. The global shipping sector is under pressure from governments to reduce
The International Bunker Industry Association, (IBIA) has joined with South Shields Marine School at South Tyneside College, to develop a course unit on bunkering essentials for merchant navy cadets and engineering officers taking their Class one and Class two certificates of competency.
Launched at the Hyundai Mipo dockyard in Ulsan, South Korea, the newly built Lindanger is the world’s first methanol fueled ocean-going vessel. The ship is the first of two dual-fueled 50,000 dwt tankers owned by Norwegian firm Westfal-Larsen that will be chartered to global marine