Fuels & Lubes News

 

Fast Repsonse Boat Sports Innovative Volvo Penta Power

Oct 07, 2014

First Commercial Vessel in North America with Triple IPS and Dynamic PositioningFort Ripley, a new offshore emergency response craft now entering service in Charleston, S.C., is reported to be the first commercial vessel in North America to be powered by triple Volvo Penta IPS drives…

EIA: Falling Fuel Costs, Rising U.S. Production Ahead

Oct 07, 2014

The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). Select highlights follow: •         EIA projects average U.S. household expenditures for natural gas…

ACP, Port Everglades DiscussPartnership

Oct 07, 2014

The Panama Canal Authority (ACP) received a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire. During the meeting, the Panama Canal Administrator provided an update on the Expansion Program and its impact on U…

Workers End Strike at Haifa

Oct 07, 2014

Workers at Israel's state-owned Haifa Port ended their strike on Tuesday, a day after they walked off the job in protest at a government plan to build private, competing ports.A spokesman for the Chamber of Shipping said the port workers…

Oil Steadies Above $92 on Signs of Global Growth

Oct 06, 2014

Stabilisation follows a week of sharp falls Strong Asian and European stocks provide support Concerns of ample supply remain Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U…

Carnival Plans to Save 1 Billion Gallons of Fuel

Oct 02, 2014

Carnival Corporation’s multiyear Fuel Conservation Program expected to save more than one billion gallons of fuel and $2.5 billion in fuel costs, while reducing carbon emissions by 12 billion kilograms by the end of 2014; fleet of over 100 ships…

KPI Bridge Oil Names Emmett Managing Director in Singapore

Oct 01, 2014

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Mark Emmett as Managing Director of its Singapore operations.Mark has more than 30 years experience in the Bunker and Shipping industries…

Kounalakis Joins OW Bunker N. America

Sep 30, 2014

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America. Kounalakis joins the region’s senior team to take on responsibility for business…

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Sep 30, 2014

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc. today announced that they have agreed to develop, construct…

Trident Alliance Welcomes New Members

Sep 30, 2014

Trident Alliance, the shipping industry initiative for fair competition through robust enforcement of maritime sulphur regulations, explores solution initiatives and welcomes four new members.Since its inception in July, the Trident Alliance has engaged in a number of industry conferences…

ABB WinsTunisia's Gas Treatment Plant Bid

Sep 30, 2014

ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).The order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV…

Ivory Coast to File Legal Complaint over Ghana Border Row

Sep 28, 2014

Ivory Coast said on Friday it would file a complaint with an international jurisdiction after Ghana took legal action to resolve a dispute over the two nations' maritime border in an area rich in hydrocarbons.British firm Tullow Oil has…

Global Marine Lubricants Market to Value $9.36b by 2018

Sep 26, 2014

A global market report published by Transparency Market Research, entitled Marine Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, provides inputs about the global state of the current market…

New Sulphur Rules Force Changes at Stena Line

Sep 25, 2014

The new sulphur directive for shipping traffic within the North European SECA area, which comes into force on January 1, 2015, is good for the environment but has a significant economic impact on Stena Line's business.  The whole of the change program that begun in 2013…

Dan-Bunkering Employs Head of Trading

Sep 25, 2014

Dan-Bunkering (Middle East) DMCC is pleased to announce that Michael Matern Hedager has rejoined the Dan-Bunkering Group as Head of Trading in Dubai on August 15.Michael brings more than 10 years of bunker experience from both trading and physical supply from his previous positions in Denmark…

Logistics News

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

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Portugal's power swaps with Spain are still suspended amid a blackout investigation
Taiwan bids on 99,200 T of wheat with US origin.
Security sources claim that Sudan's RSF launched a second drone attack on Port Sudan.