Fuel News

 

Hydrogen Fuel for Zero Emission Cruise Ships

Mar 24, 2019

General Electric’s (GE) Power Conversion business and Nedstack, Dutch fuel cell manufacturer, have entered into a partnership to develop hydrogen fuel cell systems for powering zero-emission cruise vessels.The two companies envisage using this technology on passenger ships…

Dan-Bunkering Hires Four New Traders

Mar 18, 2019

Dan-Bunkering has announced the hiring of four new team members for the office in Dubai. Trader-wise the Middle Eastern office is the second largest office in the Group, only marginally overtaken by the head office in Middelfart, Denmark.The…

Partnership to Test Sustainable Marine Bio-Fuel Oil

Mar 12, 2019

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will…

SEA\LNG Welcomes Vancouver Fraser Port

Mar 08, 2019

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port  is the first North America port member to join the industry group…

Frieght Cost Set to Rise Due to IMO 2020

Mar 05, 2019

With less than ten months before the IMO 2020 regulation on sulfur oxide emission goes into effect Jan 1, carriers and shippers alike are facing an 'uncomfortable uncertainty' over its potential effects on costs and freight rates as they enter the 2019-2020 trans-Pacific contracting period…

IMO 2020 to Cost USD10bln

Mar 01, 2019

The new 0.5% sulfur cap on fuel content for the global maritime industry means the container-shipping industry will need to offset up to $10 billion in incremental costs, starting Jan. 1, 2020, when the cap is slated to take effect, said a study…

WFS Fortifies Port of Gibraltar Ops

Feb 27, 2019

World Fuel Services (WFS) reports that it has extended its capacity in the port of Gibraltar with the addition of two barges to its physical bunker operations.  The barges, dedicated to Marine Gasoil and Ultra Low Sulfur Diesel, also offer the option for multiple product segregation…

Maersk, PBF Logistics in Low Sulfur Fuel Deal

Feb 14, 2019

Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk…

We4Sea Receives New Financing

Feb 12, 2019

Delft-based maritime startup We4Sea has secured new funding to accelerate the development and roll out of its platform for monitoring seagoing ships’ fuel consumption and emissions.The investment by ENERGIIQ, Mainport Innovation Fund II and angel investors was announced by Adri Bom-Lemstra…

Dan-Bunkering Promotes Bunker Trader

Feb 12, 2019

Dan-Bunkering promoted  Bunker Trader Søren Emil Dam to Bunker Trader & Team Leader as of February 1, 2019.Søren Emil Dam is a Danish national and joined Dan-Bunkering’s Danish head office in Middelfart in 2013. One year after his employment…

Ecoslops and Suez Canal Economic Zone Ink Second Agreement

Jan 30, 2019

Ecoslops, the producer of recycled marine fuels from oil residues, and Suez Canal Economic Zone signed a new agreement, further to the signature of an agreement for a detailed feasibility study in January 2018.A press release said that the firms…

IMO 2020: Oil Refining Capacity to Grow at Record Pace

Jan 19, 2019

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said.Oil refining capacity will rise by 2…

Ship Fuel: Singapore Bunker Volumes Dip, 2019 Uncertain

Jan 16, 2019

Sales of marine fuels in Singapore, the world's biggest ship fueling port by volume, totaled 49.8 million tonnes in 2018, down 2 percentfrom a record the year before, the Maritime and Port Authority of Singapore (MPA) said on Monday.December sales volumes of marine fuels…

Logistics News

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

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