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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Fuel-saving Modifications for Containerships’ Engines

Mitsui Engineering & Shipbuilding Co., Ltd., and 100% owned subsidiary MES Technoservice Co., Ltd., have received an order from a Taiwan shipowner for fuel-efficiency

MN 100: FloScan Instrument Co., Inc.

3016 NE Blakeley Street Seattle, WA 98105 Telephone: 206 524 6625 / 316 E-mail: joe.dydasco@floscan.com Website: www.floscan.com CEO/President: Chuck Wurster Number

New Bulk Carrier Design Puts Ecoships in the Lotus Position

Ecoships, the technical shipmanagement arm of Newport Shipping Group, has introduced a next generation bulk carrier design, developed to set the standard in ecologically

Energy

Shell CEO: US Should Export Oil, Embrace Global Markets

The head of energy company Royal Dutch Shell said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make global energy system more stable.

Bureau Veritas Diversifies with MatthewsDaniel Acquisition

Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.

Fogal Retires from Zentech After 57 Years in O&G

Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development.

Fuels & Lubes

MN 100: FloScan Instrument Co., Inc.

3016 NE Blakeley Street Seattle, WA 98105 Telephone: 206 524 6625 / 316 E-mail: joe.dydasco@floscan.com Website: www.floscan.com CEO/President: Chuck Wurster Number

MN 100: Kluber Lubrication North America L.P.

32 Industrial Drive Londonderry, NH 03053 Telephone: 508 404 4807 E-mail: ben.bryant@us.kluber.com Website: www.klubersolutions.com CEO/President: Ralf Kraemer Number

BSEE Conducts Oil Spill Response Equipment Review

Earlier this week, BSEE's Oil Spill Response Division (OSRD) conducted an onsite review of oil spill response equipment listed in DCOR, LLC's Oil Spill Response Plan for platforms offshore Long Beach,

Marine Power

Fuel-saving Modifications for Containerships’ Engines

Mitsui Engineering & Shipbuilding Co., Ltd., and 100% owned subsidiary MES Technoservice Co., Ltd., have received an order from a Taiwan shipowner for fuel-efficiency

Vard Orders Parat Electric Steam & Hot Water Boilers

During the last month, PARAT Halvorsen AS has collected four new boiler plant orders from the Vard Group and their multipurpose platform ships of Vard 1 08 design.

MN 100: FloScan Instrument Co., Inc.

3016 NE Blakeley Street Seattle, WA 98105 Telephone: 206 524 6625 / 316 E-mail: joe.dydasco@floscan.com Website: www.floscan.com CEO/President: Chuck Wurster Number

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2768 sec (4 req/sec)