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Methanol Has An "Historic Opportunity" As Marine Fuel: FCBI
Dec 17, 2015 ... Energy Tuesday released a new report on the use of methanol as a marine fuel, saying that in today's market it has an "historic opportunity" for adoption as a marine fuel. "Methanol is ...
Industry Insight: A Survival Guide for Evaluating the Cost of Converting a Vessel to Use LNG Bunkers
Dec 1, 2015 ... Here's a useful formula that we've found to be roughly accurate: MGO mt/day X 2 = LNG cbm/day X round trip days X 1.5 (flexibility margin / heel) = Tank size (LNG cbm) Tank size x ...
Pacific Basin Sees Much Improved Financials For 2015
Nov 30, 2015 ... Pacific Basin Shipping said it will drastically reduce its losses in 2015, although the final numbers will depend on values for bunker swaps. ...
Island Oil Launches Israel Physical Supply Operation
Nov 23, 2015 ... was said to be 850 metric tonnes (mt) for HFO and 255 mt for MGO, with pumping rates of 350 cbm per hour for HFO, and 120 cbm per hour for MGO. Contact details for the new operation are as ...
Singapore Owners of Arrested Ferry Start Paying Off its Bunker Bills, Other Debts
Nov 23, 2015 ... However over $1 million in bunker costs remain unpaid. ...
Canada Orders West Coast Tanker Ban
Nov 18, 2015 ... In a November 13 directive, recently-appointed Prime Minister Justin Trudeau asked the Transport Ministry to formalise the crude oil tanker traffic ban. ...
Debunkering of Stricken Bulk Carrier Begins
Nov 18, 2015 ... Federal Attorney for Environmental Protection (PROFEPA) says that 150 cubic meters (cbm) of oil was debunkered from the stranded Mexican-flagged bulk carrier Los Llanitos over the weekend ...
Irving Oil Invests C$80 Million in Canadian East Coast Marine Fuel Terminal Reactivation
Nov 10, 2015 ... The marine terminal and fuel storage facility in Dartmouth, N.S. is said to be costing the oil company CAD$80 million to reopen. ...
Stena Line Sees Bunker Savings, Environmental Benefits from LEMAG Homogeniser Technology
Nov 6, 2015 ... LEMAG says their water in fuel homogeniser has provided Stena with "noticeable reduction in fuel consumption" on 16 of their vessels. ...
Gulf Petrochem Opens New Al Hamriya Terminal
Nov 3, 2015 ... "state of the art" terminal is reported to have a total capacity of 203,888 cubic metres (cbm), with 37 tanks ranging from 1,700 to 11,200 cbm, and will handle a number of products ...