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MARINE FUEL LOGISTICS

Marine Lubricant Suppliers in Global Supply Link-up

Aegean Marine Petroleum Network and SK Lubricants sign an agreement that will allow Aegean to increase its sales volumes in the marine lubricants market and SK Lubricants to extend its global sales network. Under the global cooperation agreement between the companies, Aegean will supply and deliver marine lubricant products to customers of SK Lubricants in the Aegean lubricants network, which currently covers 45 countries and 550 ports worldwide, and SK Lubricants will provide Aegean's customers in South Korea with marine lubricant products. E. Nikolas Tavlarios, President, commented, "Our agreement with SK Lubricants will allow Aegean to expand sales volumes for our marine lubricants and further extend our presence in the Asian market.  The marine lubricants market, although a smaller business for our company, continues to yield high operating margins and is a highly profitable revenue stream.  This agreement demonstrates our continued success in executing our strategy to further diversify our revenue base and drive growth by leveraging our existing infrastructure. We are excited about the opportunity to expand our lubricants sales volumes, which will allow us to increase profitability and create value for our shareholders." Kwan Ho Choi, SK Lubricants CEO & President, commented, "We are pleased to expand our global supply capabilities through this cooperation agreement with Aegean


GAC Bunker Fuels Appoints new US Bunker Manage

Maurice Lara

GAC Bunker Fuels, part of global shipping, logistics and marine services provider GAC, has announced the appointment of Maurice Lara as its Bunker Manager for East Coast USA. He is based in Norwalk, Connecticut and accountable to Nicholas Browne, Global Director of GAC Bunker Fuels, and Bob Bandos, Managing Director of GAC USA. Lara's background is in marine fuel trading, domestic and international logistics, vessel chartering and negotiating charter party agreements and end-to-end commodity


Green Initiative Progress Report by US Ship Operator

Horizon Lines Ship:Photo Horizon Lines

Horizon Lines updates progress towards environmental excellence A report (available at www.horizonlines.com) presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives Program" has been release by Horizon Line.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.


World Fuel Services' Solid Marine Bunker Q2 2013 Results

World Fuel Services Corporation (NYSE:INT), a global fuel logistics company, principally engaged in the marketing, sale and distribution of aviation, marine and land fuel products and related services, continues to  generate positive operating cash flow. The company report second quarter net income of $51.0 million or $0.71 diluted earnings per share compared to $48.6 million or $0.68 diluted earnings per share in the second quarter of 2012.


Chevron Announces Alliance with Petrol Ofisi

logoChevron.jpg

Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production, logistics and delivery service of the full range of Chevron’s marine lubricant product line in Turkey for the first time. Pedro Cardenes, General Manager Finished Lubricants - Marine said


Volkswagen Opts for LNG-powered Shipping

Image: Volkswagen Group

 The Volkswagen Group said it will use two vessels powered by liquefied natural gas (LNG) on routes between Europe and North America from 2019, in a move that aims to improve the environmental balance of its marine transport fleet.   “The Volkswagen Group is shouldering its responsibility for the environment. This not only applies to our cars but also to our production and logistics,” said Wolfram Thomas, Head of Group Production


TOTAL Doubles 500 cSt Offering at Fos-Lavera

TOTAL Marine Fuels has doubled its capacity to provide 500 cSt bunker fuel at the French port of Fos-Lavera, near Marseilles. TOTAL began offering the fuel at Fos-Lavera in January of this year, and has now doubled its 500 cSt storage facilities at the port from an initial 10,000 to 20,000 metric tons. Several large bunker stems have already been sold, and Pascal Zoonekyndt, Zone Manager for Total France, says, “We continue to improve our logistics and product offer in line with the needs


GAC Bunker Fuels Strengthens HQ Team

GAC Bunker Fuels Limited 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. An economics 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


Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc. today announced that they have agreed to develop, construct, own and operate Louisiana's first natural gas liquefaction and fueling facility along the New Orleans-Baton Rouge Mississippi River corridor with access to the Gulf of Mexico.


Bunkering First for Gazpromneft Marine Bunker

Photo: Gazpromneft Marine Bunker

 Gazpromneft Marine Bunker Ltd performed its first delivery of marine oil to the vessel operated by Chevron in Ust-Luga port.    The delivery was arranged with cooperation with Gazpromneft-Lubricants – the Gazprom neft’s oil and lubricants business operator – as a part of its agreement for integration into the Chevron’s global supply network.   Gazpromneft West bunkering vessel delivered 13


Z-Drive Collaboration on the Inland Waterways Expands

(Photo: ACBL)

American Commercial Barge Line’s leadership and early adoption of ZF Marine’s z-drive propulsion technology underscores a growing trend on the inland waterways.    American Commercial Barge Line (ACBL) has been around a long time – since 1915


Shell's Integrated Lubrication Solutions for World's Largest Box Ship

Photo courtesy of Shell

Orient Overseas Container Line (OOCL) has appointed Shell Marine to provide its integrated marine solutions, which include lubricants and services for OOCL Hong Kong. OOCL Hong Kong, currently plying routes between Asia and Europe, is the latest vessel to claim the title of ‘world’s


Crowley Names Vargas VP, Business Development

Daniel Vargas (Photo: Crowley)

Crowley names Daniel Vargas new Vice President of International Business Development, prtnering with Jeffrey de la Combe to enhance Caribbean services   Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business


Samskip Scoops up Nor Lines

(Photo: Samskip)

European multimodal transport provider Samskip said it will acquire activities associated with Nor Lines AS, marking a major expansion of its shipping, transport and logistics businesses in Norway.    Subject to approval by Norway’s competition authorities


Total E&P Charters Bibby WaveMaster 1

Bibby WaveMaster 1 (Photo: Damen)

Bibby Marine Services said it has signed a contract with Total E&P Netherland to charter the new Damen designed and built walk-to-work’(W2W) service operationvVessel Bibby WaveMaster1 from April 2018 through to October 2018, with options to extend up to three years.  


Huge Potential for LNG in Iberian Peninsula

Fernando Impuesto, CORE LNGas hive project coordinator from Enagas (Left) and Liv Hovem, Senior Vice President, DNV GL – Oil & Gas. Photo: DNV GL

 With the global fuel sulphur limit of 0.5% entering into force in 2020, the interest towards LNG as a marine fuel is increasing. One of the main obstacles to the accelerated uptake of LNG, however, is the uncertainty regarding future market volumes for LNG.   


Ports Firm YKIP Joins SEA/LNG Coalition

Courtesy of Yokohama - Port & Harbor Bureau

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced Yokohama-Kawasaki International Port Corporation (YKIP) as its latest member.   Representing the Japanese ports of Yokohama and Kawasaki


Schneider Joins FarSounder Board

John Schneider (Photo: FarSounder)

Cruise ship marine operations expert John Schneider is joining the board of directors at FarSounder, Inc.  Over the last 12 years, Schneider has worked in the cruise ship segment of the marine industry as fuel and energy optimization manager (Royal Caribbean and Celebrity Cruises)


European Shipowners Welcome IMO Meeting Outcome

Photo: European Community Shipowners’ Associations (ECSA)

 European Community Shipowners’ Associations (ECSA) representing the European shipowners believe that important progress was made last week at the International Maritime Organziation’s (IMO) Marine Environment Protection Committee (MEPC) meeting.  


Volvo Penta to Power New NYPD Response Boat

(Image: Vigor)

The newest New York Police Department (NYPD) response boat currently under construction will be powered by Volvo Penta diesel inboard engines from Pacific Power Group, a first for the NYPD fleet.   The fifth Response Boat - Medium C (RB-M C) built by Vigor will join the fleet of RB-M


Denmark Charges Former OW Bunker Manager with Fraud

File photo: OW Bunker

Denmark's general prosecutor said on Thursday it had charged a former Singapore unit manager of Denmark-based OW Bunker with fraud.   The prosecutor said the former manager, a Danish citizen, has been charged with committing fraud of agent for more than 800 million Danish crowns ($122


Rays of Hope Seen for German Marine Equipment Suppliers

© MicroStudio / Adobe Stock

Germany’s marine and offshore equipment suppliers will have to continue efforts this year to respond to the continuing weak demand from other countries and growing competition in global shipping markets, says German Engineering Federation (VDMA) who reported a decline in orders in the


New Passenger Vessel Delivered to Majestic Ferries

Majestic Dream (Photo: Incat Crowther)

Majestic Ferries’ fleet continues to grow with the delivery of Majestic Dream, the first of a new class of Incat Crowther-designed fuel-efficient 39m HSC compliant passenger vessels.   Majestic Ferries operates vessels between Singapore and Batam in a competitive marketplace


Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7

Photo: Rolls-Royce

Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider.  


Bureau Veritas Approves Wison's W-FSRP Concept

Photo: Wison

Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation.






 
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