Fuels & Lubes News


New Chief Accountant for A/S Dan-Bunkering

Feb 14, 2013

We are pleased to announce that as from 1 February 2013 Jan Eckhoff, 37, has been employed as Chief Accountant with Dan-Bunkering.Jan has several years of experience both within accounting and management, and will be a part of the accounts department in the company’s head office in Middelfart…

Ralf Kraemer Named Klüber Lubrication (N. America) CEO

Feb 13, 2013

Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, appoint Ralf Kraemer chief executive officer (CEO).Kraemer assumes the role of CEO from Dieter A. Becker, who returns to Klüber’s global headquarters in Munich, Germany…

Noon Fuel Reports Don't Cut It Says NAPA

Feb 06, 2013

NAPA asserts that traditional noon reports don’t give the quantity or quality of data needed by owners in modern shipping.NAPA, a maritime software house for ship design and operations point out that bunker fuel readings for most international…

Washington State Ferries Explores LNG as Fuel

Feb 05, 2013

“WSF burns more than 17 million gallons of ultra-low sulfur diesel each year – and it’s our fastest growing operating expense. LNG has the potential to significantly reduce emissions and the cost of fuel,” said Washington State Department of Transportation (WSDOT) Assistant Secretary David Moseley…

Dan-Bunkering Appoints Folmann

Feb 05, 2013

Dan-Bunkering (Monaco) S.A.M. appoints Danish Bunker Trader.Dan-Bunkering (Monaco) S.A.M. has appointed Kristian Folmann as Bunker Trader as of 24 January 2013. Kristian is originally from Aarhus, Denmark and has a Master of Science in International Business from Aarhus School of Business.

Super Slow Steaming – Bunker Sales Down

Jan 31, 2013

The Port of Rotterdam reports 2012 fuel oil bunker volume fell from 11.6 to 10.3 million tonnes.The Port of Rotterdam Authority attributes the decline as a whole to the more efficient way of sailing adopted by shipping (‘super slow steaming’)…

OW Bunker Buy Two Bunker Barges

Jan 31, 2013

OW Bunker acquire two bunker barges for Nordic operations: 'OW Copenhagen' and 'OW Aalborg'.Prior to the acquisition, OW Bunker operated both vessels on a bare-boat charter from international shipping company the Clipper Group.OW Copenhagen and OW Aalborg are modern double-hulled 3…

Unusually, Shipping Coalition Demands an ECA

Jan 30, 2013

A coalition of shipping companies wants the Pearl River Delta cleaned up and turned into a low emission zone.The call, from the Hong Kong Liner Shipping Association (HKLSA) and the Hong Kong Shipowners’ Association (HKSA) in conjunction with 17 shipping companies came along with a renewed…

Euronav Reports Earnings; Pushes Fuel Economy

Jan 23, 2013

Belgium's Euronav reported a net loss of US$ 31-million in its Q4 2012 financial report.The result of the fourth quarter is affected positively by the revaluation at marked-to-market levels of non cash items (unrealized) such as hedge instruments on interest rates for a total of US$ 600…

Blumenthal Acquires Majority Stake in Terresolve

Jan 22, 2013

Blumenthal Holdings, Radiator Specialty Company (RSC) LLC owners, acquire a majority stake in Terresolve Technologies, Ltd. Terresolve Technologies, LTD, is a leading manufacturer of biobased hydraulic and functional fluids and lubricants for the offshore marine…

Oil & Water do Mix

Jan 22, 2013

Emulsified Fuel Tech Earns a Better RepMatters of fuel use, economy and emissions are “A-List” items on any vessel owner’s agenda, as skyrocketing prices for diesel and a spiraling maze of regulation regarding fuel content and emissions are pressing owners to adopt technical solutions…

GAC Bunker Fuels Ltd. Attain ISO Certification

Jan 21, 2013

GAC Bunker Fuels Ltd. awarded ISO 9001:2008 Management System Standard certification by DNV.The ISO 9001:2008 certificate awarded by Det Norske Veritas (DNV) recognises GAC Bunker Fuels’ best management practices in the trading and brokerage…

Unified Command Issues Kulluk Update

Jan 10, 2013

Update #37: Kulluk assessment continues, Sitkalidak Island debris removal.Unified Command confirmed the following information today: Assessment of the Kulluk drilling vessel in Kiliuda Bay continues, with inspection-class remotely operated vehicles (ROVs) being utilized to assess the hull…

Argus Launches Marine Fuels Service

Jan 09, 2013

Global energy and commodity price reporting agency Argus has launched a daily marine fuels pricing and analysis service, Argus Marine Fuels. It provides market data and intelligent analysis of the increasingly complex marine fuels market. Trade in marine fuels is changing quickly…

Bunker Pricing Service Launched by Argus

Jan 08, 2013

Argus Marine Fuels has launched a daily marine fuels pricing and analysis service.The new service provides unique market data and intelligent analysis of the increasingly complex marine fuels market.Trade in marine fuels is changing quickly…

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