Fuels & Lubes News


Brazil Gives SBM Ultimatum in $250M Bribery Settlement

Oct 22, 2015

Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters…

LNG Bunkering Market to Develop at 63.6% CAGR

Oct 21, 2015

For shipping companies operating in emission control areas (ECAs), liquefied natural gas (LNG) represents an attractive bunkering alternative.  'The lower cost of LNG bunker fuel than other variants of ECA-compliant fuels in Europe and…

Singapore Bunker Sales, Container Volumes Down

Oct 14, 2015

Singapore’s September bunker fuel sales fell 10.3% in September on month but rose 9.3% on year to 3.85 million mt. The port of Singapore has recorded a fall in container throughput in September. These finding are based upon the data released…

Dan-Bunkering Employs Operations Assistant

Oct 13, 2015

Dan-Bunkering (Middle East) DMCC announced that Rasmus Møller Jørgensen has been employed as Operations Assistant as of September 7, 2015.Rasmus is originally from Denmark where he recently finished his education, and he is joining the office located in Dubai…

Boskalis’ Fleet May Switch to Marine Biofuels

Oct 08, 2015

Boskalis today announced their collaboration with GoodFuels and Wärtsilä in a two-year pilot program to accelerate the development of truly sustainable, scalable and affordable marine bio-fuels. Bio-fuels today are not part of the marine fuel mix that operators and owners can choose from…

New Bunker Purchaser with Dan-Bunkering

Oct 01, 2015

Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that Heather Xue has been employed as Bunker Purchaser at the company’s Beijing office as of September 1, 2015.Xue has a background as a project manager and comes with experience from the Chinese bunker market…

Intermarine Promotes Corporate Finance Director

Sep 30, 2015

Project, breakbulk and heavylift cargo transporter Intermarine, LLC reports it has promoted Chad Call to Director of Corporate Finance. Call will continue to report to Michael Dumas, Executive Vice President and Chief Financial Officer.In this new role…

New Bulkers Launched into Fuel-saving Future

Sep 29, 2015

One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of Lemissoler Navigation Co…

Bunker Holding Increases Financing Facilities

Sep 22, 2015

Press release - Bunker Holding, a Danish company within bunker trading, has secured a new loan facility.In July, Bunker Holding announced its best result ever with a profit of $91 million before tax and an equity of $295 million, a result which…

Crowley Offers LNG Training at JaxPort

Sep 21, 2015

Crowley Maritime Corporation recently participated as one of several Gas Technology Institute (GTI) funding collaborators to bring liquefied natural gas (LNG) awareness training to 150 stakeholders and first responders in Jacksonville.GTI…

IMO Warns on Bauxite Liquefaction Dangers

Sep 18, 2015

The International Maritime Organization (IMO) announced it has taken action to warn ship masters of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the…

Shell, BG Merger Faces Roadblock

Sep 18, 2015

The Australian Competition and Consumer Commission (ACCC) has raised concerns that Royal Dutch Shell's proposed $70 billion takeover of BG Group may lessen gas supply competition in eastern Australia and delayed a final decision on the bid to November…

NYK Gets Japan's First LNG-Fuelled Tug

Sep 16, 2015

NYK Line has taken delivery of Japan’s first liquefied natural gas (LNG)-fueled tugboat from Keihin Dock.'The new tug, named Sakigake, was delivered by Keihin Dock Co. Ltd and is expected confirm the viability of LNG as a marine fuel and…

KPI Bridge Oil Promotes Bunker Trader

Sep 15, 2015

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has promoted Mohammed Yasser Marzuq from Trainee to Bunker & Lubricant Trader at its New York Office, the company announced today.Mohammed…

Alewijnse Wins Contracts for Van Oord Vessels

Sep 14, 2015

System integrator Alewijnse Marine Systems and international dredging and marine contractor Van Oord signed a long-term service level agreement covering the Van Oord cable-laying vessels Nexus and HAM601. The contract was started on September 1…

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