Fuels & Lubes News


KPI Bridge Oil Promotes Chambers to Marketing Manager

May 17, 2018

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has promoted Alysha Chambers from Group Marketing Coordinator to Group Marketing Manager.Chambers joined KPI Bridge Oil two years ago…

New Rules on Ship Emissions Herald Sea Change for Oil Market

May 17, 2018

New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur, which is blamed…

Kalmar SmartPower for Indonesian Terminal

May 16, 2018

Kalmar, part of Cargotec, concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's…

New Online Tool Aids 2020 Sulfur Compliance

May 15, 2018

The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020…

Total to Set Up LNG Bunkering Hub in Oman

May 14, 2018

French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country.'Total and Shell as operator will develop several natural gas discoveries located in the Greater…

Singapore Marine Fuel Sales at 3-month High

May 14, 2018

Singapore marine fuel sales climbed to a three-month high of 4.233 million tonnes in April, up 1.6 percent from the previous month but 0.5 percent lower from the same time last year, data from the Maritime and Port Authority of Singapore (MPA) showed on Monday…

ADNOC to Run Ruwais Container Terminal

May 13, 2018

ADNOC Logistics and Services, the shipping and services arm of the Abu Dhabi National Oil Company (ADNOC), has signed a contract with Borouge, a leading provider of value creating plastics solutions, to handle its Ruwais container terminal operations…

Kawasaki Kisen, 3 Others Set up LNG Bunkering Ventures

May 10, 2018

Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho, and Nippon Yusen KK said on Thursday they have agreed to launch a liquefied natural gas (LNG) bunkering business in Japan and have set up two joint ventures.The companies plan to start…

KPI Bridge Oil Singapore Moves Office

May 09, 2018

KPI Bridge Oil  said its Singapore office’s move to new premises and appointment of a new Bunker Trader, Zoe Tang.KPI Bridge Oil first established an office in Singapore in 1998. In addition, Zoe Tang recently joined KPI Bridge Oil Singapore as a Bunker Trader…

Tightening Noose: Venezuela's Crisis Deepens

May 08, 2018

The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…

Tightening CA Environmental Regs Could Impact West Coast Supply Chains

May 08, 2018

In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and…

Top Ships Extends Time Charter of M/T Eco Fleet

May 03, 2018

Top Ships, an international owner and operator of modern, fuel efficient 'ECO' tanker vessels focusing on the transportation of petroleum products, announced that it has extended the firm period of the time charter of M/T Eco Fleet with BP Shipping Limited for six months…

Boston Carriers to Buy Nuova Abibes SRL

May 02, 2018

Boston Carriers announced that in April 24 2018, the company entered into an exclusivity agreement with Nuova. The agreement provides six months for the acquisition of Nuova and all its assets and liabilities including but not limited to the storage facility in Italy as well as all its business…

ExxonMobil Launches MFMS for Marine Gas Oil in Singapore

Apr 30, 2018

ExxonMobil said it is launching its mass flow metering system (MFMS) for marine gas oil (MGO) in Singapore, with the first barge deliveries set to start in May 2018.The Maritime and Port Authority of Singapore (MPA) has mandated that all distillates must be delivered via a MFMS from July 1…

Singapore Extends MFM Use

Apr 27, 2018

Following the successful completion of test-bedding the use of mass flow metering (MFM) system for delivery of distillates , the Maritime and Port Authority of Singapore (MPA) will extend the mandatory use of MFM to all bunker tankers delivering…

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