Fuels & Lubes News


USCG, EPA Preparing for ECAs Enforcement

Nov 19, 2014

The U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) will soon take action to ensure compliance with the forthcoming 0.10 percent fuel sulphur limits in the North American and U.S. Caribbean Sea Emmission Control Areas (ECAs)…

First LNG Fuelled Tug for Middle East by Wärtsilä

Nov 18, 2014

Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas…

Outlook for Bunkering & Marine Lubricants in India

Nov 18, 2014

The '4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India' will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai.With the demand for shipping fuel at major…

Dan-Bunkering Adds Bunker Trader

Nov 14, 2014

Desmond Yap has been employed as Bunker Trader at Dan-Bunkering (Singapore) Pte. Ltd. effective October 1, 2014.Yap, a Singaporean, holds a Bachelor of Engineering from the University of Queensland where he graduated with First Class Honors…

Trumf Bunker Promotes Pedersen

Nov 12, 2014

Joachim Kjaeldgaard Pedersen has been promoted as Trumf 's Head of Trading, Europe & Americas.Pedersen has been with Trumf since 2009 and has shown strong commitment and willingness to lead and train the company’s bunker suppliers. This, combined…

CMA CGM to Apply Low Sulfur Surcharge

Nov 12, 2014

CMA CGM said it will implement a low sulfur surcharge on all its trades in Emission Control Areas (ECAs) and for all cargos as of January 1, 2015.MARPOL Annex VI regulations for the prevention of air pollution from ships assign Sulfur Oxides…

Doyle Named to SGMF Training and Competency Working Group

Nov 11, 2014

USMRC’s Margaret Doyle named to SGMF Training and Competency Working GroupThe United State Maritime Research Center in Middletown, Rhode Island announced that Margaret Kaigh Doyle has been named the U.S. vice chairperson of the Training…

IBIA Offers Industry Support in Wake of OW Bunker Collapse

Nov 11, 2014

The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker.  In Singapore, IBIA will be taking part in dialogue sessions led…

Doyle Named to Training and Competency Working Group

Nov 10, 2014

The United State Maritime Research Center (USMRC) in Middletown, Rhode Island said that Margaret Kaigh Doyle was named the U.S. vice chairperson of the Training and Competency Working Group for the Society for Gas as a Marine Fuel (SGMF).   The London-based organization…

OW Bunker Files for Bankruptcy

Nov 07, 2014

The world's largest ship fuel supplier OW Bunker said it would file for bankruptcy as soon as possible to the probate court in Aalborg in the northern part of Denmark.OW Bunker said on Thursday it has discovered fraud by senior employees in its Singapore-based subsidiary…

PGS Implements Adonis Personnel Manager

Nov 07, 2014

Adonis AS (Adonis), a provider of global maritime HR solutions, announced that Petroleum Geo-Services (PGS) has implemented Adonis Personnel Manager (APM) to automate crew planning processes for its multinational maritime workforce. The solution…

Dan-Bunkering Promotes Riecken

Nov 07, 2014

Christoph Riecken has been promoted to Bunker Trader & Team Leader at Dan-Bunkering (Monaco) S.A.M. effective from November 1, 2014.“Christoph has since he started with Dan-Bunkering (Monaco) S.A.M. in august 2011, shortly after its grand opening same year…

Kahn Joins Glander International Bunkering

Nov 06, 2014

Steven Kahn has joined Glander International Bunkering’s Dubai office as bunker and lubricant trader.Kahn previously worked in Dubai as a derivatives broker, trading, futures, options and swaps in the energy industry. Prior to this, he was a derivatives market maker in London…

Shippers, Traders Scramble After OW Bunker Says Near Bankruptcy

Nov 06, 2014

Shipping companies and bunker oil traders scrambled to source fuel and take over supply contracts on Thursday after OW Bunker, one of the world's biggest shipping fuel firms, said it faces possible bankruptcy after uncovering internal fraud…

Fraud at OW Bunker's Subsidiary

Nov 05, 2014

The senior management of OW Bunker has today been informed about a fraud committed by senior employees in the Singapore-based subsidiary Dynamic Oil Trading (DOT). The case is under investigation. The extent of the fraud is not yet clear…

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