Fuel News

 

UAE Bans Ship Over Fuel Breach

Mar 20, 2020

The world's number two container line MSC is in talks with the United Arab Emirates after the Gulf country banned one of their vessels from entering its waters over what authorities said was a breach of tough new sulphur emissions rules for ships.This is one of the first punitive actions taken by a jurisdiction since regulations came into effect in January which make it mandatory for ships to use fuel with a sulphur content of 0…

Fuel Tax Repeal Victory in New York State

May 10, 2022

The New York State Petroleum Business Tax (PBT), Article 13-A levies a tax on fuel consumption of commercial vessels operating on the waters of New York State. The PBT has long been a source of contention for operators of tug boats and towing…

FuelTrax Launches FuelNet 'Gen 6'

Sep 09, 2020

FUELTRAX launched the latest features of its cloud-based portal, FUELNET 'GEN-6', as its sixth major release. FUELNET delivers decision-ready reports that can be utilized to make quick decisions during operations. The company reports a +/-0…

Green Bunker Demand Jumps at Rotterdam

Feb 20, 2020

Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation (IMO) 0.5pc sulfur cap on 1 January.According to Port of Rotterdam, the demand for LNG, bio and low-sulfur…

Gasum Performs 200th LNG Bunkering Operation

Jan 26, 2020

The Nordic energy company Gasum said its LNG bunkering vessel Coralius has successfully performed its 200th ship-to-ship LNG bunkering operation.The vessel receiving the LNG fuel was Fjord Line’s MS Stavangerfjord. The bunkering took place while…

Florida Ports Leading the Way on Maritime Alternative Fuels

Jan 17, 2020

Florida's seaports and industry partners are investing in innovations to be more efficient and effective, including the implementation of environmentally friendly, less costly, domestically-produced natural gas as an alternative fuel, a recent report outlined…

China Tax Waiver for Cleaner Ship Fuel Exports

Jan 14, 2020

China has approved a long-awaited tax waiver on exports of cleaner ship fuel, paving the way for refiners to boost output, though Beijing may initially limit shipments to focus on growing its coastal marine fuel market, state refiner officials say…

IMO2020: 4 Tips to Using Methanol as Fuel

Dec 31, 2019

Lessons learned on designing, building & operating with methanol as fuel.Generally averse to technological risk, maritime professionals lean on lessons learned, when available, to make future decisions. According to Fredrik Stübner, Director Ship Management…

BHP Mulls World's First LNG-Powered Fleet

Dec 30, 2019

Global miner BHP Group may award contracts worth close to $1bln to companies bidding to build the world’s first fleet of bulk ships fueled by liquefied natural gas (LNG).According to a report from the Sydney Morning Herald, the contracts could…

SAL Intros New Emission Reduction System

Dec 11, 2019

SAL Heavy Lift, a global carrier specialized in sea transport of heavy lift and project cargo, said that it has become the first shipping company in the world to introduce hydrogen/methanol emission reduction technology to its fleet.The Harren…

KHI Intros World's First Liquefied Hydrogen Carrier

Dec 11, 2019

The world’s first liquefied hydrogen carrier, built to ship large quantities cryogenically frozen H2 internationally, was launched by Japan's Kawasaki Heavy Industries (KHI) at it's Kobe Works yard.The Suiso Frontier (‘suiso’ means ‘hydrogen’…

MSC Uses 30% Biofuel Bunker Blend

Dec 08, 2019

Swiss-Italian international shipping line MSC Mediterranean Shipping Company (MSC) announced that its vessels bunkering in Rotterdam, the Netherlands, will now bunker biofuel blends on a routine basis - the first  major shipping line to do so…

Gasum on an Acquisition Spree

Nov 13, 2019

Finland-based integrated gas company Gasum takes steps forward in its growth strategy by acquiring AGA’s Clean Energy business and Nauticor’s Marine Bunkering business from Linde AG.'These acquisitions will enhance the development of the Nordic…

Sinopec Builds 100 Barge VLSFO Fleet

Nov 13, 2019

Chinese energy giant China Petroleum & Chemical Corporation (Sinopec) is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant very low sulphur fuel oil (VLSFO)…

2020 Dominates Dry Bulker Challenges

Nov 10, 2019

In view of the 0.5% global sulfur limit regulation implementation on 1 January 2020, International Association of Dry Cargo Shipowners (INTERCARGO) pointed out that the global availability of safe compliant fuels remains a key question that…

Logistics News

Holt Lock Closed Due to Stability Concerns

Holt Lock Closed Due to Stability Concerns

CBP Cracking Down on Maritime Auto Theft

CBP Cracking Down on Maritime Auto Theft

US Army Corps of Engineers Names New Chief

US Army Corps of Engineers Names New Chief

US Importers Balk at Return of $10,000 Container Shipping Rate

US Importers Balk at Return of $10,000 Container Shipping Rate

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