Consumption | ||||
Product | Jan 2011 | Jan 2010 | +/ (%) | |
Fuel oil | 334,000 | 170,000 | +96.5% | |
Crude oil | 195,000 | 70,000 | +178.6% | |
LNG | 1,086,000 | 1,708,000 | +5.7% |
Purchases | ||||
Product | Jan 2011 | Jan 2010 | +/ (%) | |
Fuel oil | 248,000 | 155,000 | +60% | |
Crude oil | 140,000 | 62,000 | +125.8% | |
LNG | 1,810,000 | 1,634,000 | +10.8% |
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Peninsula expands marine fuel operations to Algoa Bay
Supplier partners with Linsen Nambi to launch bunkering services from October. |
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UK government commits GBP 448m to maritime decarbonisation research programme
UK SHORE funding aims to accelerate clean shipping technologies through 2030. |
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ABS chief urges IMO to pause net zero framework over fuel availability concerns
Christopher Wiernicki says LNG and biofuels are 'mission critical' to shipping decarbonisation success. |
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Quadrise appoints veteran Peter Borup as CEO to drive commercialisation
Former Maersk executive to lead decarbonisation technology company from October 1. |
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German commodities trader HMS Bergbau enters marine fuels market
Company acquires experienced team to trade bunkers and lubricants globally. |
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Hong Lam Marine takes delivery of Artizen tanker in Japan
Singapore-based firm receives new vessel from Kegoya Shipyard. |
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Panama Canal launches NetZero Slot to incentivize low-emission transits
New reservation category prioritizes dual-fuel vessels capable of using alternative fuels from November. |
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Van Oord deploys bio-LNG dredger for Dutch coastal project
First bio-LNG-powered trailing suction hopper dredger operation begins in the Netherlands. |
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Methanol-fuelled Green Handy ships pass model tests ahead of 2026 construction
Baltic carrier reports model testing exceeded performance targets for 17,000 dwt methanol-powered vessels. |
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SBM Offshore's floating ammonia production design gets ABS approval
Design converts offshore gas to ammonia while capturing CO2 for maritime and power sectors. |
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Fuel oil usage up for utility in December [News & Insights] |
Fuel oil consumption rise for utility [News & Insights] |
Japanese firm cuts fuel oil price by over 40% [News & Insights] |
Fuel oil cutter sells at high premium [News & Insights] |