Fuels & Lubes News

 

Dan-Bunkering Hires Five in Denamrk

Oct 12, 2018

A/S Dan-Bunkering Ltd. has announced the employment of below five Bunker Traders in the office in Middelfart, Denmark, as of September 2018.Matea Jelicic was born and raised in Croatia and holds a double degree in Petroleum Engineering and Supply Chain Management…

Maersk Leases Singapore Oil Storage Ahead of IMO 2020

Oct 10, 2018

Maersk Oil Trading has leased oil storage space in Singapore, signalling a push by one of the world's biggest ship fuel buyers into the Asian bunkering hub ahead of changes to global fuel standards from 2020, trade sources said.Maersk Oil has taken storage at the Tankstore oil terminal in Singapore…

Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019

Oct 08, 2018

German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it…

US Delays New VGP Requirements Until March 2019

Oct 07, 2018

While waiting for the new Vessel General Permit (VGP) to be finalized, operators must file a Notice of Intent with the U.S. Environmental Protection Agency (EPA) prior to December 18, 2018 in order for vessels to continue to operate under their current VGP also after this date…

Singapore Looks to Tighten Controls in its Bunkers Supply Chain

Oct 04, 2018

Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokeswoman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry…

Singapore Funds Green Marine Fuel Program

Oct 03, 2018

Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative marine fuels such as biofuels and methanol. Senior Minister of State…

Singapore Bunkering Hub Ready for IMO 2020

Oct 03, 2018

Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020, Singapore's Senior Minister of State for Transport and Health Lam Pin Min said on Wednesday.'(The)…

Exxon Mobil Eyes Major Investment at Singapore Refinery

Oct 03, 2018

Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday.'We are currently assessing…

Glander International Bunkering Goes to Spain

Oct 01, 2018

The marine fuel and lubricant trading firm Glander International Bunkering has opened its  seventh office globally and third service point in Europe in Valencia, Spain, to  service clients in the Mediterranean and Spanish-speaking regions.As the new Managing Director of the Spain office…

How Refiners Plan to Grapple With Fuel Oil Output After 2020

Oct 01, 2018

High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed…

Us to Be 'Strong Supplier' of Compliant Marine Fuels

Oct 01, 2018

Owing to its booming shale industry, the United States is likely to become an important supplier of low-sulphur marine fuels ahead of major new emissions regulations in 2020, Vienna-based consultancy JBC Energy said on Monday.'The (United States)…

Liberia Calls for Early Reporting on 2020-compliant Fuel Availability

Sep 25, 2018

Liberia has submitted a paper to the IMO Marine Environment Protection Committee (MEPC) calling for early reporting on the availability of fuel oil that is compliant with the new 0.50 percent global fuel oil sulphur limit well in advance of January 1…

No Delays to Implementing 2020 Sulphur Cap -IMO Official

Sep 25, 2018

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday.'I can categorically say there will not be a delay,' said Edmund Hughes, the head of air pollution and energy efficiency at the IMO…

CMA CGM Estimates Low-sulphur Rule Will Cost $160 Per TEU

Sep 24, 2018

Container shipping group CMA CGM said it estimates the cost for it to comply with a new global low-sulphur shipping fuel regulation at around $160 per TEU, or standard container, at current conditions.In a statement on Monday, the French firm…

C-Job Researching Ammonia as Marine Fuel

Sep 20, 2018

C-Job Naval Architects based in the Netherlands announced it has joined the Ammonia Energy Association, strengthening its commitment to research ammonia as a renewable fuel for the maritime industry.With the International Maritime Organization…

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