China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
Egyptian private equity firm Qalaa Holdings is contemplating the sale of its fresh packaged milk producing firm Dina Farms. The potential sale is in line with Qalaa's plans to generate around $300m from exits in the medium term. The ...
Tags: Packaged Milk, Qalaa
Taiwan's state-owned CPC will suspend supply of 380 CST grade bunker fuel at Taichung port, on Taiwan's west coast, from May 21 for two and a half months as one of its barges will undergo maintenance, a company source said Monday. The ...
Tags: Bunker Fuel, CPC
An expected surplus of gasoil in Asia from greenfield and upgraded refineries might flow into the marine fuel market in late 2014 or early 2015, trade sources said Wednesday. Asia's maritime industry is looking to the possible supply as ...
Tags: Gasoil, Fuel Market, greenfield
Global ports expect to see LNG account for 13% of the bunker fuel market supply come 2020 and 24% by 2025, according to a Lloyd's Register report Monday. Lloyd's global marketing manager Luis Benito shared the observations at a media ...
Tags: LNG, Bunker Fuel Supply
Taiwan's state-owned CPC sold 1.35 million mt of bunker fuel in 2013, up 2.6% from a year earlier, a company source said Friday. There are two bunker suppliers in Taiwan, while CPC covers more than 90% of supply there, the source added. ...
Tags: Bunker Fuel, Mineral
Wärtsilä, the marine industry's leading solutions and services provider, will provide a full propulsion package for a new passenger ferry being built for the Germany based Reederei Cassen Eils GmbH. The contract was signed in ...
Tags: service, transportation
China's hunger for natural gas has pushed its shipbuilding and energy industries to build more liquefied natural gas carriers and import terminals, to give the nation an edge over other countries. "China will need more than 35 LNG ...
Tags: Energy Industries, LNG
The new Fassmer built Helgoland ferry for AG EMS, will be constructed under the supervision of classification society DNV GL. The nearly 80m long vessel will be the first German flagged newbuilding to be equipped with an propulsion system ...
Tags: DNV, GL, class, LNG Powered Helgoland Ferry
BOURBON and CGG, partners in innovation announces the first series of seismic support vessels has already achieved success Friday, Nov 22, 2013 Equipped with hybrid propulsion, the Bourbon Petrel and the Bourbon Fulmar are now operating in ...
Tags: Transportation, Logistics
Equipped with hybrid propulsion, the Bourbon Petrel and the Bourbon Fulmar are now operating in the Black Sea and Northern Europe. In 2011, BOURBON entered a 5-year charter agreement with CGG for a series of 6 new seismic support vessels, ...
Tags: BOURBON, CGG, innovation, series, seismic, vessel, success
Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES). This transaction, for a purchase price of $30 ...
Tags: Aegean Marine Petroleum Network, acquire, bunkering, business
Wärtsilä, the marine industry's leading solutions and services provider, is to supply the main propulsion generating sets for a new, environmentally sound, double ended ferry. The ship, which is the first gas fuelled ferry for a ...
Wärtsilä, the marine industry's leading solutions and services provider, has been awarded an important retrofitting contract by the German shipyard, BVT - Brenn - und Verformungstechnik Bremen GmbH. The project entails converting ...
Tags: Transportation, Service
The Dubai Council for Marine & Maritime Industries holds membership meeting Thursday, Jun 27, 2013 The Dubai Council for Marine & Maritime Industries (DCMMI), the industry body representing the concerns of the marine and maritime ...
Tags: Dubai, Marine&Maritime Industries