Sign up
Log in Sign up
Tue 19 Apr 2011, 07:54 GMT

Russian supplier announces expansion plans


Bunker company expands tanker fleet in north west Russia and reveals new revenue stream for 2011.

St. Petersburg-based Baltic Fuel Company (BFC) says that it is fast becoming a leading bunker company in Russia's northwest region thanks to the expansion of its own tanker fleet to 30 vessels.

In line with the company's vessel newbuild program, BFC has put into service the 2,570 deadweight tonne (dwt) double hull tanker Captain Shiryaev and the 5,000 dwt double hull tanker Captain Ponikarovsky.

BFC is currently focused on bunker fuel supply, oil product exports and providing integrated services for environmental safety and OSR operations. The company says this year its will also be launching a new revenue stream for the business - the transportation of petroleum products along the country's inland waterways.

BFC's CEO, Stanislav Korneev, says that this new division will help the company to become more independent and mobile in the supply of petroleum products.

From June 2011, BFC will also start supplying oil products on a new bunker barge currently under construction at Russia's largest shipbuilder, Baltiysky Shipyard.

Washington State Hybrid-Electric 160-Auto Ferry vessel render. Corvus Energy to supply battery systems for Washington State Ferries hybrid vessels  

ABB selects Corvus for two new 160-vehicle ferries as part of $3.98bn electrification plan.
Vinssen and Mana Engineering sign MoU. Vinssen, Mana Engineering partner on hydrogen fuel cell retrofit for 800-teu feeder vessel  

South Korean and Dutch firms to pursue Lloyd’s Register approval for hybrid retrofit concept.
Hercules Elisabeth vessel. Hercules Tanker Management takes delivery of second Ultra-Spec vessel in China  

Hercules Elisabeth is the second of 10 hybrid-ready tankers designed for alternative fuels.
Wolf 1 vessel. Petrol Ofisi launches fuel supply tanker Wolf 1  

Turkish bunker supplier adds 1,750-dwt vessel with alternative fuel infrastructure to fleet.
BIMCO meeting. BIMCO to convene for adoption of biofuel clause and ETS provisions at February meeting  

Documentary Committee to consider new contractual frameworks for alternative fuels and emission trading scheme compliance.
Sea Change II vessel render. Incat Crowther and Switch Maritime develop 150-passenger hydrogen ferry for New York  

Design work begins on 28-metre vessel with 720 kg hydrogen capacity and 25-knot speed.
Aerial view of a container vessel. HIF Global signs heads of agreement with German eFuel One for 100,000 tonnes of e-methanol annually  

Deal covers supply from HIF’s Uruguay project, with e-methanol meeting EU RED III standards.
Welcoming of Kota Odyssey at Jordan’s Aqaba Container Terminal. PIL’s LNG-powered vessel makes maiden call at Jordan’s Aqaba port  

Kota Odyssey is Pacific International Lines’ first LNG-fuelled ship to call at the Red Sea port.
Celsius vessel. RMK Marine to equip Celsius LNG bunker vessel with gas combustion unit  

Turkish shipbuilder adds specialised equipment to support cool-down and gassing-up operations for LNG vessels.
CSL and CMA CGM contract signing. Cochin Shipyard signs contract with CMA CGM for six LNG-fuelled container vessels  

Indian shipbuilder to construct vessels for French shipping company.




 Recommended