Hellenic Petroleum Prepares for Tougher Global Marine Fuel Rules

ATHENS, Feb 28 (Reuters) - Hellenic Petroleum, Greece's biggest oil refiner, said on Thursday that two of its three refineries are already compatible with tougher global marine fuel rules. UN agency the International Maritime Organization (IMO) will prohibit ships from using fuels with sulphur content above 0.5 percent from Jan. 1, 2020, compared with 3.5 percent today, … [Read more...]

World’s Largest LNG Bunkering Vessel Christened in Hamburg

Germany-based LNG bunker supplier Nauticor has christened the world’s largest liquefied natural gas bunkering vessel Kairos during a ceremony last week in Hamburg. The christening took place last Friday at the Hamburg Cruise Center Steinwerder before more than 250 invited guests. With a tank capacity of 7,500 m3, the MV Kairos is the world’s largest LNG bunker supply … [Read more...]

Singapore Extends Compulsory Use of Flow Meters to Distillate Barges

By Roslan Khasawneh SINGAPORE, April 27 (Reuters) - Singapore will extend the mandatory use of mass-flow-meters to bunker barges delivering distillate fuels to large ships, the port authority said on Friday, ahead of an expected pick-up in the use of distillates to meet caps on sulphur content. Singapore, the world's largest marine refuelling hub, became the first port … [Read more...]

Singapore to Announce Mandatory Flow Meters for Bunkering Vessels -Source

By Roslan Khasawneh SINGAPORE, April 26 (Reuters) - Singapore's Maritime Port Authority (MPA) is set to announce it is making use of mass-flow-meters (MFM) mandatory onboard marine gasoil barges used to refuel large ships, two people with knowledge of the matter said. The announcement will be made at a gala dinner in the city state organised by the International Bunker … [Read more...]

Oil Traders Set Sights on High Seas as Diesel Renaissance Is Born

By Heesu Lee and Debjit Chakraborty (Bloomberg) -- It was only two years ago that the world’s biggest oil market was awash with diesel and profits from making the fuel cratered. Now the refined product is getting a new lease of life, and more demand is poised to emerge from the sea. With crude’s bull market being underpinned by diesel consumption, Asian refiners … [Read more...]