Fuel News

 

MAN Mulls Liquid Hydrogen Storage

Jul 25, 2019

German-based power generator MAN Energy Solutions is joining a partnership aimed at expanding hydrogen storage systems based on the Liquid Organic Hydrogen Carrier (LOHC) technology.MAN has signed on to a cooperative agreement with Hydrogenious LOHC Technologies and Frames Group B.V. Together they will design and build large-scale hydrogen storage systems.Developed by Hydrogenious the LOHC technology uses heat transfer oil as a carrier for hydrogen…

Fuel Flexibility is Key for Green Shipping

Sep 12, 2019

Fuel flexibility and technologies to bridge changing fuel usage have been identified in the Maritime Forecast to 2050 as essential strategies for both individual owners and the shipping industry to adapt to the energy transition and prepare for a low carbon future…

Euronav to Store Low-Sulfur Oil

Sep 05, 2019

The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans. In aggregate the purchase value of very low…

Neste Launches IMO 2020 Compliant Fuel

Aug 16, 2019

Finland-based refiner Neste Corporation will begin to sell a low-sulfur marine fuel in northwest Europe in the fourth quarter of 2019.From January 1, 2020, the International Maritime Organization (IMO) will enforce a 0.5% global sulfur cap on fuel content for areas currently with 3…

Jereh Builds 10 LNG Fuelling Stations in Russia

Jul 26, 2019

Chinese oil and gas company Jereh has announced that it has won a contract to construct 10 new LNG fueling stations in Russia.According to a statement from the company, it won the bid for 10 LNG fueling stations in Russia, which is believed…

USCG & Liquefied Gas Cargoes as Marine Fuel

Jul 15, 2019

The establishment of air emissions regulations in the form of Emission Control Areas (ECA) and the approaching IMO 2020 sulfur cap have driven the search for economically, commercially, and environmentally acceptable marine fuels. With advancements in technologies and the significant growth of U…

LNG Bunkering Market to Reach $12bn by 2024

Jul 11, 2019

The global LNG bunkering market was valued at approximately USD 397.70 million in 2017 and is expected to generate revenue of around USD 11899.60 million by the end of 2024, growing at a CAGR of around 59.4% between 2018 and 2024.LNG bunkering…

Coralius Completes 1st Bunkering in Rotterdam

Jun 28, 2019

Finnish integrated gas company Gasum said that its liquefied natural gas (LNG) bunker vessel, Coralius, made its first bunkering in the port and refining area of Rotterdam, supplying LNG to Bit Viking.'A milestone of her ship-to-ship bunkering…

GMM Project Shortlists Nine Ships

May 27, 2019

The Green Maritime Methanol (GMM) consortium announced that it has selected nine ships for research on the application of renewable methanol as a marine fuel.New designs, newbuildings as well as existing ships of Boskalis, Van Oord, the Royal Netherlands Navy and Wagenborg Shipping were selected…

Waterborne Signs MoU with Hydrogen Europe

May 14, 2019

Hydrogen Europe and the Waterborne Technology Platform signed a Memorandum of Understanding (MoU) on 13 May 2019  to foster opportunities of hydrogen based fuels as part of zero-emission waterborne transport.The European research and innovation…

Transition to a Hydrogen Future Has Begun

Apr 28, 2019

There is a growing international consensus that clean hydrogen will play a key role in the world’s transition to a sustainable energy future, said  Noé van Hulst, who chairs the High-Level Advisory Panel for the International Energy Agency (IEA)’s forthcoming hydrogen study…

Oryx Acquires South African Marine Fuels

Apr 19, 2019

Oryx Energies, a provider of oil and gas products and services, has acquired the majority stake in South African Marine Fuels (SAMF), a bunkering company in Algoa Bay, Eastern cape, South Africa.Founded in 2016, SAMF is a woman-run enterprise…

Global LNG Bunker Fuel Market to Reach $1.3bln by 2026

Apr 07, 2019

The global Liquefied Natural Gas (LNG) as a bunker fuel market was valued around US$ 550 million in 2017, and is expected to register a CAGR of over 8.5%. The bunker fuel market revenue value is exprected to reach US$ 1,263.2 million in 2026…

Magnesium Producers Duo Partner on Scrubbers

Mar 12, 2019

Magnesium Producers Nedmag of the Netherlands and TIMAB Magnesium of France have announced a strategic partnership to development and commercialise Magnesium Hydroxide in marine gas scrubber systems.Since January 2015, regulations over Sulphur…

SEA\LNG Welcomes Vancouver Fraser Port

Mar 08, 2019

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port  is the first North America port member to join the industry group…

Current News

Asia Pacific’s Decarbonization Bill to Hit $3.5 Trillion in 2040

Asia Pacific’s Decarbonization Bill to Hit $3.5 Trillion in 2040

China Expects Balanced Energy Supply/Demand

China Expects Balanced Energy Supply/Demand

India to Invite Foreign Investment in State-owned Oil Companies

India to Invite Foreign Investment in State-owned Oil Companies

Southeast Asia Bullish on OFS Market

Southeast Asia Bullish on OFS Market

BMT Delivers Real Time Monitoring for Helang FPSO

BMT Delivers Real Time Monitoring for Helang FPSO

Saipem Inks Deal with Daewoo for Onshore Projects

Saipem Inks Deal with Daewoo for Onshore Projects

Indonesia Inks 20-year PSC for Corridor Block

Indonesia Inks 20-year PSC for Corridor Block

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