Fuels & Lubes News

 

Shipping Groups Press EU to Advance 'Fuels of the Future'

Mar 11, 2021

Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea…

Maersk Backs Plan for Green Ammonia Plant in Denmark

Feb 23, 2021

Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe's largest green ammonia plant in Denmark as part of its ambition to shift to carbon-neutral ship fuel.The project, led by fund management firm Copenhagen Infrastructure Partners (CIP)…

China Low-sulphur Marine Fuel Exports Hit New Heights

Jan 21, 2021

China's exports of clean marine fuels rose in December to a record since shipments began a year ago, taking 2020 exports of the ship fuel to 15.45 million tonnes, customs data showed on January 20, 2021.Chinese oil refineries began exporting…

Drew Marine Begins Distribution Deal with ExxonMobil

Jan 19, 2021

Drew Marine said it has signed an agreement with ExxonMobil Marine Lubricants to expand the availability of ExxonMobil’s range of high performance lubricants. Drew Marine’s global supply chain will help ensure the availability of Flagship grades…

VLSFO Plus Older Engines Can Presents New Maintenance Challenges

Jan 18, 2021

As shipowners mull the pros and cons associated with new fuels to meet tightening emissions rules, Chevron Marine is finding that some ship owners that switched older engines to  very low-sulfur fuel oil (VLSFO) are reporting build-up of red deposits on piston crowns and top edges…

MSC Eyes Hydrogen as Containership Fuel

Jan 12, 2021

Container shipping giant Mediterranean Shipping Company (MSC) said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss…

Ammonia Fuel Cells for Deep-Sea Shipping: A Key Piece of the Zero-emissions Puzzle

Dec 16, 2020

Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project is aiming to secure a place for ammonia in the future of deep-sea shipping…

Lindsay-Blee Offering VLSFO in Florida Ports

Nov 23, 2020

Marine fuel company Lindsay-Blee, along with its joint venture partner Quest Fuels, announced Monday that it will offer very low sulphur fuel oil (VLSFO), meeting the IFO RMG 380 ISO:2010 specification with max sulphur < 0.50% to its clients calling Florida ports…

Bunker Demand Returns to Pre-pandemic Levels

Nov 05, 2020

Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said…

Singapore Seeking LNG Bunker Suppliers

Oct 29, 2020

Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request…

Costa Cruises Completes Italy's First LNG Bunkering

Oct 26, 2020

Carnival Corporation's Costa Cruises brand said its liquefied natural gas (LNG)-powered flagship Costa Smeralda has become he first vessel to bunker LNG in Italy.Carried out in the port of La Spezia and completed at 6 p.m. on Sunday, the operation was supported by the Italian Coast Guard…

Singapore Ramping Up LNG Bunkering Capacity

Oct 06, 2020

Singapore’s annual liquefied natural gas (LNG) bunkering capacity is expected to hit 1 million tonnes by 2021, as the world’s largest marine refueling hub transitions toward cleaner shipping fuels, a senior minister of state said on Tuesday…

KPI OceanConnect Appoints Managing Director for Its Hamburg Office

Sep 15, 2020

Marine fuels services provider KPI OceanConnect announced Tuesday it has appointed industry expert Boris Gronenberg as Managing Director of its Hamburg operations.KPI OceanConnect’s Hamburg office is located at the heart of Hamburg’s shipping community and is one of 16 in the recently merged group…

ABS Introduces ‘Alternative Fuel Ready’ Guide

Sep 08, 2020

Classification society ABS announced Tuesday it has introduced an ‘Alternative Fuel Ready’ approach to help shipowners prepare their fleets for the introduction of alternative fuels.Introduced through the newly published Guide for Gas and Other Low-Flashpoint Fuel Ready Vessels…

Japanese Partners Eye Ammonia as Marine Fuel

Aug 12, 2020

A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line…

Logistics News

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Dry Bulk Supply/Demand Balance Predicted to Strengthen

US Military Starts Pier Construction off Gaza

US Military Starts Pier Construction off Gaza

First Ship Departs Baltimore Through Limited Access Channel

First Ship Departs Baltimore Through Limited Access Channel

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

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