Fuels & Lubes News


2015 LAGCOE Looey to Honor Leon Charles Moncla Jr.

Aug 04, 2015

This year the Louisiana Gulf Coast Oil Exposition (LAGCOE), one of the world's pioneer oil and gas expositions, honors Leon Charles Moncla Jr. as LAGCOE Looey 2015 in recognition of his 45-plus years of service in the oil and gas industry. LAGCOE…

Koole Expands Rotterdam Operations

Aug 04, 2015

Koole Terminals has begun operations at the storage facility for petrol and diesel in Pernis that it recently acquired from BP. The companies have a long-standing relationship. The newly acquired terminal is adjacent to the existing Koole terminal…

Concerns Remain Over the Use of Low-sulphur Fuel

Jul 20, 2015

As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the use of low-sulphur fuel in ships that berth in their ports. This results in a possibility…

Biofuels: Time Running Out for Tanker Owners

Jul 16, 2015

New regulations on the carriage of biofuels could limit the trading flexibility of product tankers from next January, according to Rivertrace Engineering, Managing Director, Mike Coomber. This is because oil discharge monitoring equipment on…

Røkke is CEO of Akastor ASA

Jul 16, 2015

Akastor ASA announced that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA.Kristian Røkke, who is…

First LNG-fuelled Ferry in North America Commissioned

Jul 15, 2015

Gaz Métro, a large LNG distributor, has commissioned the first ferry in North America to run on LNG, the NM F.-A.-Gauthier, through its subsidiary, Gaz Métro LNG L.P.  The vessel was commissioned in Québec, Canada. It is also the first ship of any kind to run on LNG in Canada…

Chief Mate Sentenced for Environmental Crimes

Jul 13, 2015

Valerii Georgiev, a Russian citizen and former chief mate of the ocean cargo vessel M/V Murcia Carrier, was sentenced to a term of three months prison for failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS)…

Japan Creates World's Largest VLGC Player

Jul 13, 2015

Japanese Astomos Energy Corp. has announced that it has signed a cooperation agreement with ENEOS Globe Corp. aimed at merging the two companies' gas fleets, thereby creating a new giant in the booming tanker market. The two partners will…

Dan-Bunkering Hires Operations Assistant

Jul 10, 2015

Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that Chloe Gu has been employed as Operations Assistant at the office in Shanghai as of June 1, 2015. Chloe recently graduated from the Maritime University and has joined the office in Shanghai now comprising 12 employees.

Final Lineup announced for ICS Conference

Jul 08, 2015

The International Chamber of Shipping (ICS) has announced its final program for this year’s ICS International Shipping Conference which features speakers from across the global industry. The conference is one of the principal events during the second London International Shipping Week (LISW15)…

First Gas Turbine-powered LNG Carrier Granted AIP

Jul 07, 2015

Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured Approval in Principle (AIP) on the vessel from the U.K.-based Lloyd’s Register…

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Jul 07, 2015

Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Mitsubishi Heavy Industries Pvt Ltd (MHI) of Japan. 'We have received an EPC (engineering…

CNOOC Acquires Asia's 1st LNG Powered Tug

Jul 04, 2015

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel.Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC…

Litgas, Statoil JV to Develop Baltic Sea LNG

Jul 03, 2015

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius…

Port Gothenburg Offering LNG

Jul 03, 2015

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency…

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