Marine fuel company Lindsay‐Blee said Wednesday it has entered into an exclusive marketing and distribution agreement with Master Fuel SAS of Cartagena, Colombia.Effective immediately, under the agreement Lindsay‐Blee will manage the sales and…
China is set to release its first-ever quotas to export very low sulphur fuel oil (VLSFO) with total volumes of 10 million tonnes for this year, six industry officials with knowledge of the matter said on Tuesday.The quotas, which came in the…
Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) made up the largest component at 71.5%, with marine gas oil (MGO) accounting for 12.5%, BIMCO reports…
Dan-Bunkering (Monaco) S.A.M. appointed Hans Lind Dollerup as Managing Director.Dollerup entered Dan-Bunkering and the industry in 2002, and his employment has taken him from Denmark, where he was born and raised, to Monaco, Houston, Florida and now back to Monaco…
China's marine fuels sales fell by as much as 50% in February as the rapidly spreading coronavirus and prolonged Lunar New Year break strangled freight movement in and out of the global manufacturing powerhouse, trade sources said.The epidemic…
Danish shipping group A.P. Moller-Maersk plans to raise the proportion of high sulphur fuel oil it consumes from 10% to 25% by the year-end, CEO Soren Skou says.The world's largest container shipping firm consumed a total of around 11.80 million tonnes of shipping fuel last year…
A new online platform has been developed to help ship operators source marine fuels and lubricants in ports across the world.Bulugo said its purpose-built platform is easy to use and aims to provides fast and transparent pricing globally to simplify business for buyers and sellers…
MAN Energy Solutions launched a monitoring device for industrial lube oil.The MAN Fluid Monitor for lube oil is a light and robust system developed to meet the needs of the owners of industrial installations where lube-oil quality is a critical setting…
Prices for very low sulphur fuel oil (VLSFO) in ports around the world have fallen within the first month since the International Maritime Organization's (IMO) new regulation for a 0.50% global sulphur cap for marine fuels has taken effect.Singapore…
At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.The global shipping fleet, which accounts for 2…
With the January 1 implementation of IMO 2020, which requires dramatic reductions in the sulfur content of emissions from ocean-going vessels, the United States government issued a new rule that it asserts actually facilitates the distribution of compliant fuel…
When the clock strikes midnight on December 31, 2019, the maritime world enters a bold new era of emission reduction. With its growing fleet of methanol fueled ship and more than 60,000 hours of operating experience under its belt, Waterfront Shipping Company has a five-year headstart…
At SK Energy's largest refinery in South Korea, engineers are rushing to complete a new processing unit ahead of schedule as the firm looks to boost sales of low-emission fuels before new marine fuel standards take effect in just one month.In Japan…
Roman Miroshnichenko has been appointed as Managing Director of Gazpromneft Marine Lubricants, the new operating company.Roman Miroshnichenko has more than 20 years of experience in the marine industry, and specifically in the field of marine lubricants…
America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’…
