Continental Refining Expands Diesel Offering

Posted by Eric Haun
Wednesday, March 19, 2014
Photo: Continental Refining Company

Continental Refining Company Now Processing Low Sulfur Marine Diesel T90-700 and Completes Upgrades to Receive Transmix for Finished 500ppm LM Diesel Fuel Production; CRC Expands with Two New Niche Market Product Offerings that Serve Marine Users and Help to Prevent Bottlenecks in the U.S. Fuel Distribution System

Today Continental Refining Company, LLC announced a new product offering for the marine market with the production of low sulfur marine diesel, a special blend distillate fuel that has a T-90 greater than700° f, less than 1,000 ppm sulfur for use in the ECA 1 Operating Zones for Category 2 and 3 marine engines. It is similar to DMA grade Marine Gasoil.

Continental Refining Company is already selling low sulfur marine diesel(T-90 700) on the east coast(ECA1) where it is destined for oceangoing markets. The refinery has the capacity to produce 30,000 barrels per month. The reduced cost versus using ULSD for this diesel fuel is a strategic advantage in the competitive international fleet shipping business. By refining additional T-90 700 for domestic use, Continental Refining Company could pass on savings of 10 cents per gallon, or $4.20 per barrel, to domestic Category 2 and 3 diesel engine users. This applies toGreat Lakes shipping users and tug and towboats that move barges through U.S. rivers and lakes. This shipping accounts for 79% of domestic waterborne tonnage according to American Waterways Operators (AWO). Based on geography, the primary market for the refinery’s T-90 700 supply is the Ohio River.

“Expanding into niche markets enables Continental Refining Company to continue to grow, remain competitive and strengthen our long-term prospects in Somerset, KY. Providing low sulfur marine diesel as a low cost fuel option to American Lakers and towboats while meeting ECA Area 1 standards is smart business for freight operators and consumers when you consider that one towboat has the carrying capacity to push 40 barges – that’s 2,400 trucks that don’t have to clog up U.S. highways,” explained Continental Refining Company CEO Demetrios Haseotes.

Additionally, Continental has completed processing unit upgrades and now can receive difficult to process transmix products and produce finished diesel fuel and gasoline.

$2M is slated for investment in a Maxim Processing unit to increase transmix processing capacity over the next 18 months. Transmix is a type of fuel that is created when different fuels mix together in the fuel distribution system. Because transmix contains a mixture of different fuels, it cannot be sold without further processing and is more difficult to process than other types of fuel. Transmix processors provide a valuable service by making sure that these mixtures of fuels do not create bottlenecks in the fuel distribution system and that the fuel is used rather than discarded. To date, there are less than 15 plants processing transmix in the United States.

Haseotes continued, “We realize it is a challenge to process transmix and we welcome that challenge with the most advanced technologyin the industry. Having our Transmix Compliance Plan approved by the Environmental Protection Agency would allow us to reuse fuels that would usually be discarded, help prevent bottlenecks in the fuel distribution system and strengthenU.S. energy capacity.”
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Volvo Penta FWD Named One of Top Products

Boating Industry, the monthly U.S. boating business magazine, has selected Volvo Penta’s Forward Drive (FWD) as one of the top products of the year.   The

Anglo-Eastern Signs Turbocharger Maintenance Deal

MAN PrimeServ Turbocharger, part of MAN Diesel & Turbo’s service division, has signed a Premium Turbocharger Maintenance Contract with Anglo-Eastern Ship Management.

Electric & Hybrid Propulsion Ordered fir CMAL Ferry

Imtech Marine informs it has been awarded a third contract to supply the electric and hybrid propulsion system for a hybrid ferry operated by Caledonian Maritime Assets Ltd (CMAL) of Scotland.

Energy

IMO Adopts Polar Code Environmental Provisions

United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

Two Hurt in Petrobras Platform Accident; Output Halted

Brazil's state-led oil company Petrobras was forced to stop output at its P-56 offshore oil production ship on Wednesday in the Marlim Sul field after an explosion

Dynamic Positioning Training Center Launched in Shanghai

C-MAR, an international marine and offshore services provider, and the Shanghai Maritime University (SMU) has officially launched the Dynamic Positioning training

Fuels & Lubes

British Columbia Signs LNG Deal with Petronas

B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural

BP, Sinopec JV for Marine Fuel

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,

US to Export LNG to China

Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying.

Marine Power

HMAS Anzac Visits Portsmouth, UK

The Royal Australian Navy’s helicopter frigate HMAS Anzac has arrived in Portsmouth, England, as part of her NORTHERN TRIDENT 2015 deployment.   Anzac departed Sydney in March 2015,

Volume Up in Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.

Anglo-Eastern Signs Turbocharger Maintenance Deal

MAN PrimeServ Turbocharger, part of MAN Diesel & Turbo’s service division, has signed a Premium Turbocharger Maintenance Contract with Anglo-Eastern Ship Management.

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1596 sec (6 req/sec)