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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…

GIA Focus on Alternative Fuels

Mar 01, 2019

The barriers and incentives relating to the uptake of alternative fuels in the shipping industry were in the spotlight at a roundtable meeting of International Maritime Organization (IMO)’s Global Industry Alliance (GIA) to Support Low Carbon Shipping at IMO Headquarters…

LNG Meets IMO Goals: SEA\LNG

Mar 01, 2019

The consortium promoting the commercial case for liquefied natural gas (LNG), SEA\LNG, believes LNG is a viable pathway to meet the International Maritime Organisation (IMO)’s 2050 Greenhouse Gas (GHG) targets.The maritime industry really has…

Shell Joins W2C Rotterdam

Mar 01, 2019

The British-Dutch oil and gas giant Royal Dutch Shell plc, commonly known as Shell, joins as equity partner with Air Liquide, Enerkem, Nouryon and the Port of Rotterdam, the largest port in Europe.The proposed project in Rotterdam will be the…

IWAI, IOC Pact on Fuel Needs for Waterways

Feb 26, 2019

Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) signed a memorandum of understanding (MoU) on fuel needs for national waterways and to develop infrastructure for fuels for Waterways.The MoU will provide for…

Green Maritime Methanol Project Gets a Boost

Feb 21, 2019

Shipowners, shipyards, manufacturers and ports have joined forces to investigate the feasibility of methanol as a sustainable alternative transport fuel in the maritime sector.Major shipowners Boskalis, The Royal Netherlands Navy, Van Oord and Wagenborg Shipping will take part in the consortium…

Saudi Aramco, Total in USD1bln Pact

Feb 15, 2019

Saudi Aramco and Total hasve signed a joint venture agreement to develop a network of fuel and retail services in Saudi Arabia.The 50:50 JV plans to invest around $1 billion over the next six years in the Saudi fuel retail market and start providing…

GasLog: LNG Demand Grew 9% in 2018

Feb 14, 2019

Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange announcement…

ICS Hopes for Zero CO2 Fuels

Feb 11, 2019

International Chamber of Shipping (ICS) believes that the 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping.However, there are even more profound changes to come…

Ecoslops and Suez Canal Economic Zone Ink Second Agreement

Jan 30, 2019

Ecoslops, the producer of recycled marine fuels from oil residues, and Suez Canal Economic Zone signed a new agreement, further to the signature of an agreement for a detailed feasibility study in January 2018.A press release said that the firms…

New Design for Liquid Hydrogen Bunkering Vessel Unveiled

Jan 29, 2019

Design and engineering services company Moss Maritime has, in cooperation with Equinor, the global maritime industry group Wilhelmsen and DNV GL, developed a design for a liquefied hydrogen (LH2) bunker vessel.The vessel design comes at a time when hydrogen is developing into a viable solution…

Adnoc Fleet Slashes Carbon Emission 23%

Jan 16, 2019

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.The marine and logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc ) said in a press…

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