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Itochu Petroleum News

17 Aug 2022

GoodFuels Commences Biofuel Bunkering in Singapore

NYK Line’s MV Frontier Explorer. (Photo: GoodFuels)

Biofuels supplier GoodFuels announced it has supplied sustainable marine biofuel to NYK’s bulk carrier Frontier Explorer, in the first such delivery to a major maritime client since the company opened its Singapore office.Frontier Explorer was refueled with biofuel in a blend with VLSFO during its port call to Singapore on July 5, en route from Australia to India.The delivery was the first to be managed under GoodFuels’ partnership with ITOCHU, which was announced in May. ITOCHU was responsible for logistics…

14 Feb 2022

PTL Marine Hires Taylor as Business Development Manager

Steven Taylor (Photo: PTL Marine)

PTL Marine announced the recent hiring of Steven Taylor as its Manager of Business Development with responsibility for the California markets. With operations in major ports including Seattle, Portland, San Francisco and Los Angeles, the company has continued growing its network along the U.S. West Coast. Taylor will be based in Southern California where the company services the Marine and C&I industries with fuels, lubricants, chemicals and last-mile logistics solutions.“With more than 75 years of experience in California through the legacy brands General Petroleum and Maxum Petroleum…

22 Jan 2007

Gulf Energy Maritime Takes Delivery of Tanker

Gulf Energy Maritime has taken delivery of the second of 13 double-hulled tankers on order with Korea’s Hyundai Mipo Dockyard (HMD) in less than three months. The $57m Gulf Elan is the eighth double-hulled tanker in GEM’s growing fleet. The company is to receive another 11 of the total order book of 13 ships valued at $590 million by 2009 end. The ship was named by lady sponsor Jane Slemeck, wife of Mark Slemeck, managing director of Kingfish Services Ltd., London-based operators for IPC/Itochu Petroleum which has time chartered the ship for one year. Gulf Elan will follow the trading path of its sister ship, Gulf Esprit, delivered to GEM last November, by going into time charter with Oman Methanol Company, a subsidiary of Oman’s giant Omzest Group, on a 15-year deal.