Marine link
 

Bunker Fuels

GAC Bunker Fuels Ltd. Attain ISO Certification

GAC Bunker Fuels Ltd. awarded ISO 9001:2008 Management System Standard certification by DNV. The ISO 9001:2008 certificate awarded by Det Norske Veritas (DNV) recognises GAC Bunker Fuels’ best management practices in the trading and brokerage of marine fuels and lubricants across its global operational sites. It demonstrates the company’s full compliance with the requirements of this international best practice standard, which considers a range of measures, including management responsibility, resource management, product quality and the improvement of quality management systems across the organisation. Nicholas Browne, Global Director of GAC Bunker Fuels Limited, says: “Quality assurance has been the guiding principle behind GAC Bunker Fuels’ growth. Our ISO 9001 certification gives customers further reason to rest assured of top service quality standards and the highest grades of marine fuels and lubricants when they deal with us. "As one of the few bunker companies to achieve this global benchmark, GAC Bunker Fuels underlines its continuing commitment to the pursuit of world-class standards and ongoing service improvement to help our customers to meet their bunker fuel needs and deliver their business strategies." GAC Bunker Fuels Ltd, headquartered in Dubai, trades and supplies all grades of IFO, MGO, MDO and lubricants worldwide in partnership with selected suppliers who meet internationally approved standards.


N. American ECA May Tighten Supply of Distillate Fuel

The move to burn 1% RMG 380 spec & other bunker fuel may tighten inventories following the ECA imlementation 1, Ausgust 2012 The stock of available bunker fuels may be tightened as suppliers juggle limited space with increasing selection for shipowners and buyers, according to Platts' market sources The primary concern associated with the implementation of the new ECA specs has been the cost involved with moving to low sulfur fuel oil as less and less LSFO is being produced


Matson Decreases Fuel Surcharge by One Percentage Point

As a result of recent declines in bunker fuel prices, Matson Navigation Company will lower its fuel surcharge in its Hawaii, Guam/CNMI and Micronesia services by one percentage point, from 19.75 percent to 18.75 percent, effective November 5, 2006. "Bunker fuel prices continue to decrease, allowing us to make this second consecutive reduction to our fuel surcharge," said Dave Hoppes, senior vice president, ocean services


Taiwan Cuts Bunker Fuel Prices $10

Taiwan's Chinese Petroleum Corp. (CPC) has cut spot bunker fuel oil prices to $171 per ton from $181 effective from Tuesday. The posted prices were for spot 180 and 380-centistoke bunker fuel delivered to ships at the ports of Kaohsiung, Keelung, Hualien, Taichung and Suao. Its term price was $3.00 lower at $168 for both grades at the same ports. Spot and term prices of marine gas oil (MGO) were reduced to $312 and $309 per ton, down from last week's $314 and $311, respectively


BP Marine and Houston Marine Team Up On Bunkering Venture

BP Marine and Houston Marine Services (HMS) are joining forces to begin a new chapter in ship bunkering in the western U.S. Gulf. Effective, April 2, HMS became BP's dedicated logistics provider in an area from Brownsville, Texas to Lake Charles, La. BP Marine will serve as the marketing arm for bunker sales on behalf of the joint venture and will supply bunker fuel across a broad geographic area of the Gulf.


SMP Expands Ops in Mobile, Ala.

Shell Marine Products (SMP), the global supplier of marine fuels, lubricants and services, announced the start-up of its bunker fuels operations in Mobile, Ala. The company already has a strong business base in the USA Gulf Coast region, supplying bunker fuels and lubricants, and has expanded its geographic coverage to offer fuel oil, gas oil and lubricants to customers in Mobile. Shell Marine Products has fuel oil storage facilities in Mobile Harbor located at Radcliff/Economy Terminal


Teppco Buys 47 vessels from TransMontaigne

Teppco Partners LP said it has purchased 19 boats and 28 barges from TransMontaigne Product Services Inc. for $50 million, according to a report on Forbes.com. Teppco said the new vessels will be used to deliver bunker fuels for cruise liners and cargo ships and fuel oil for power plants. The vessels will join Teppco's fleet along the U.S. inland waterway system and the Gulf of Mexico and are based in Miami, Mobile, Ala., and Houston.


LNG Bunker JV Project for European Ports Supply

Bomin & Linde outline JV plans to target infrastructure supply of LNG in the European maritime sector. The Linde Group announce a joint venture with Bomin, a subsidiary of Marquard & Bahls, to build infrastructure for liquefied natural gas in the European maritime sector. The transaction, subject to the approval of the relevant antitrust authorities is due to start its operations in the latter part of 2012 with  headquarters in Hamburg.


Matson Raises Fuel Surcharge

Last week, due to dramatic increases in fuel prices, Matson Navigation Company, Inc. (Matson) announced that it is raising its fuel surcharge from 6.5 to 7.5 percent in its Hawaii and Guam services effective September 15, 2003. "As anyone who drives a car is well aware, fuel prices have been rising steadily in recent months," said Dave Hoppes, vice president, ocean services. "For transportation companies, the costs are especially significant. Matson burns approximately 1


OW Bunker's West Africa Offshore Fueling Avoids Port Calls

OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, have launched a physical fuel supply operation from its bunker tankship offshore West Africa, covering Morocco, Mauritania, Senegal and offshore  waters down to the Ivory Coast.  OW Bunker Canary Islands will supply customers with the full range of fuels and lubricants from its newly launched 8,250dwt double-hulled tanker Wappen von Frankfurt


Trans Atlantic Tanker Rates Higher

Clean tanker rates on the transatlantic route edged higher on Monday helped by light bookings although the market continued to struggle with a glut of vessels. Rates for medium-range (MR) tankers for 37,000 tonne cargoes on the TC2 route from Rotterdam to New York were at W124


Dredging Permits for Bayport & Barbours Cut Expected Soon

Port of Houston logo

Following the recent meeting of the Port Commission of the Port of Houston Authority, the following news items  of note were released. Dredging The Port Commission approved a $68 million construction contract with Orion Construction L.P. for Bayport and Barbours Cut channel improvements


Houston Ship Channel Restricted for Oil Spill Recovery, Tankbarge Salvage

Image credit USCG

Part of the Houston Ship Channel has been closed to marine traffic to enable response operations following the recent collision between UTV MISS SUSAN and the bulk carrier M/V SUMMER WIND approximately 100 yards off the Texas City Dike, near lights 25/26 which led to the partial sinking of the


Houston Ship Channel Tankbarge: Incident Update

The partially submerged barge: Photo credit USCG

The Coast Guard informs that response efforts by the Unified Command to contain oil leaking from the partially submerged Kirby Marine tank barge continue Saturday overnight. Details are as follows: Four skimming vessels remain on-scene to continue recovering spilled bunker fuel oil


Mideast Crude Tanker Earnings Slip, Ukraine Watched

By Jonathan Saul, Reuters Crude oil tanker earnings on the major Middle East route fell on Tuesday as a build up of vessels available for hire weighed on rate sentiment. Shipping markets continued to monitor developments in Ukraine after Russia sent military forces into the Crimea region of


W&O Named Distributor for Perma-Pipe

LNG pipe.jpg

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has been named the exclusive North American marine distributor for Perma-Pipe, Inc., the largest North American manufacturer of pre-insulated piping


MHI, Mitsubishi Kakoki Develop Hybrid SOx Scrubber

Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Kakoki Kaisha, Ltd. (MKK) have jointly developed a Hybrid SOx Scrubber System that efficiently removes sulfur oxides (SOx) from exhaust gas emitted by marine diesel engines. The Hybrid SOx Scrubber System is the first in Japan to comply with


GAC Establishes New Logistics Company

Katja Springmeyer

GAC Marine Logistics (GML) has established a new company in Hamburg as the latest addition to its growing network of offices coordinating ship spares logistics around the world. The new company GAC Marine Logistics GmbH, which starts trading on February 1


Separate Ship Collisions in Singapore Result in Two Spills

The Maritime and Port Authority of Singapore (MPA) reported two separate vessel collision incidents, both resulting in spills. Collision between Lime Galaxy and Feihe The MPA said it received a report on January 29, at about 6:30 p.m. (Singapore Time) that the departing Hong Kong-flagged


LNG – Who Cares?

Massachusetts.jpg

You say you don’t work on an LNG ship? You should care nevertheless. Just ten years ago, LNG Import terminals were being built and/or contemplated throughout the United States. Then, it was widely expected that Liquefied Natural Gas (LNG) imports would account for a large percent of the


Cargo Ship Sinks in Anchorage

At around 5:50 a.m. on January 19, Philippine Coast Guard Station (CGS) Iloilo received a distress call from MV Sportivo, which was anchored at Iloilo Strait between Iloilo City and Guimaras, that the cargo vessel was sinking after it was drifted from her anchored position and collided with


New Bunker Trader at Dynamic Oil

Jacky Yen

Dynamic Oil Trading, the global trading company for marine fuels and lubricants, has announced the appointment of Jacky Yen as a new bunker trader for its Singapore bunker trading team.   Educated at University College Dublin, Jacky Yen brings considerable experience of working with


Qatar Champions LNG as Cleaner Marine Fuel

Nakilat, Qatargas and RasGas Company Limited will convert a Q-Max vessel as a pilot project making it capable of running on LNG and reducing the ship’s exhaust gas and greenhouse gas emissions. Qatari shipping company Nakilat and Qatari LNG producers Qatargas and RasGas Company Limited


Nano Fossil Fuels Offers Pollution Requirements Solution

Many shipping lines and suppliers are examining options to meet existing and future pollution regulations, part of MARPOL, which sets limits on NOx and SOx emissions. Nano Fossil Fuels Technology has a solution for these emission problems: the Nano Fuels Combustion Catalyst


Financial Prudence the Key to Bunker Trade Success

The importance of balancing the numbers for a successful bunker fuel trading operation will be stressed by GAC's Nicholas Browne when he shares his experience at the Lloyds Maritime Academy Bunker Management School this week. In his speech


 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright