Fuels & Lubes News

 

Golar Mulls Third FLNG deal

May 06, 2015

Golar LNG has signed a binding Heads of Terms with Ophir Energy Plc for the provision of the GoFLNG vessel Gimi. Golar has started discussions with partners Keppel and Black & Veatch aimed at exercising an option, under an existing framework agreement…

Wärtsilä 50DF Engine Operates on Ethane

May 04, 2015

The Wärtsilä 50DF marine engine has been tested and certified to run on ethane (LEG) fuel. The testing program was carried out by Wärtsilä in close collaboration with Evergas, an owner and operator of seaborne petrochemical and liquid gas transport vessels…

DNV GL Hosts Norwegian State Secretary in Hamburg

Apr 29, 2015

High ranking state officials from Norway met with the senior management team at DNV GL’s maritime headquarters in Hamburg today. Tor Svensen, CEO, Knut Ørbeck-Nilssen, COO,  and Torsten Schramm, President of DNV GL – Maritime, shared the classification…

Dan-Bunkering Expands in the US

Apr 29, 2015

Dan-Bunkering (America) Inc. has announced that a new office in Stamford, Connecticut, will see the light of day as per May 1, 2015. The opening is part of the Dan-Bunkering group’s expansion strategy which was kicked off earlier this year…

Marsol International Launches O&G Subsidiary

Apr 29, 2015

Marsol International Ltd, a Dubai-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has announced the registration of its new subsidiary, Marsol Oil & Gas Services LLC, which will…

Floating LNG Regasification is Used in Smaller Markets

Apr 28, 2015

According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets. Floating regasification is a flexible, cost-effective way to receive and process shipments of LNG…

EPA Promotes Green Initiatives at Port of Houston

Apr 27, 2015

U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy visited the Port of Houston April 24 to highlight grants aimed at improving air quality. The port will receive about $900,000 in funding as part of EPA’s Diesel Emission…

New Finance and Administration Manager for Dan-Bunkering

Apr 27, 2015

Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that Vivian Yu has been employed as Finance and Administration Manager.Joining the company March 16, 2015, Vivian Yu contributes more than 12 years experience within finance to the office in Shanghai.

Skangass Celebrates Topping Up

Apr 25, 2015

Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori…

H-Energy to Build Floating LNG Terminal in West Bengal and Canada

Apr 25, 2015

Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha. H-Energy Pvt Ltd…

Seattle to Host Spill Preparedness Conference

Apr 23, 2015

The U.S. Coast Guard and Washington Department of Ecology will host a spill preparedness conference May 20-21 at the Jackson Federal Building in Seattle. The two-day seminar is an opportunity to discuss the latest in spill-recovery theory and technology…

FMC Honors Crowley for Green Initiatives

Apr 23, 2015

Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the organization’s companywide environmental stewardship initiatives. The announcement was made during a…

Abu Dhabi to Invest $25 Billion Offshore to 2020

Apr 23, 2015

Abu Dhabi National Oil Company (ADNOC) plans to invest around US$25bn over the next five years in a bid to boost oil production from offshore fields. The investment is part of the UAE's strategy to increase its crude oil output potential from its current production of 2…

Banks: Vessel Financing Increasingly Based on Energy Efficiency

Apr 22, 2015

Banks are beginning to recommend efficiency retrofits to shipowners, and are using energy-efficiency data in deciding which vessels they finance—and which they won’t, says a survey conducted by  Carbon War Room.  If this trend continues…

Cheaper Fuel to Boost Container Shipping

Apr 21, 2015

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.Container shipping companies deal with the volatility in fuel prices by adding a separate…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

Subscribe for Maritime Logistics Professional E‑News

Urals dimes steady in muted business
Energy chief: EU will stick to its planned Russian oil withdrawal by 2028
Sources: US deploys stealth fighters to Caribbean in drug war as tensions rise with Venezuela