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Home » News » Europe News - August 2014

Europe News - August 2014

Report predicts LNG shipping recovery in 'latter part of the decade'
29 Aug 2014 09:23 GMT
Weak demand and excess tonnage are expected to depress LNG shipping earnings in the short term but demand is expected to recover strongly, says consultancy.

LNG bunkering: focus on safety 'needs to be maintained'
28 Aug 2014 12:32 GMT
Lloyd's Register's Leonidas Karistios warns that 'serious incidents' involving LNG bunkering could set back the potential for the continued expansion of gas-fuelled shipping.

Report examines ethane-powered VLEC concept
27 Aug 2014 15:33 GMT
Report looks at the risks and challenges in developing very large ethane carriers (VLECs) - powered also by ethane.

Marine Propulsion Course 'almost sold out'
27 Aug 2014 13:00 GMT
Last call for Netherlands course, which is due to take place between September and December.

Electric boat powered by aluminium-air battery launched
27 Aug 2014 12:01 GMT
Vessel was unveiled at Lake Neuchâtel, Switzerland, on August 26.

Imtech sells ICT division
26 Aug 2014 15:23 GMT
Company says the divesture of its ICT division will not have an impact on Imtech's value proposition for customers.

New fuel gas handling solution launched
26 Aug 2014 09:21 GMT
Upgraded LNGPac system is being officially launched this week at the Offshore Northern Seas 2014 (ONS 2014) conference and exhibition.

Odfjell: Q2 net bunker cost up on last year, lower than Q1
26 Aug 2014 07:32 GMT
Net bunker cost per tonne was up $17 in the second quarter compared to last year, but down $6 on the first three months of 2014.

Interest 'surprisingly high' for LNG bunker barge design - source
25 Aug 2014 13:34 GMT
Vessel is said to be first of its kind to be designed and built specifically for the German infrastructure. Shipyard says it can be adapted to meet individual requirements.

New Low Loss Hybrid energy system achieves 15% fuel savings in tests
25 Aug 2014 09:33 GMT
System is said to have produced fuel savings of 15% during a comprehensive measurement programme.

CEPSA launches new DMB 0.1% marine fuel
22 Aug 2014 15:47 GMT
Spanish supplier says that it aims to have DMB 0.1% sulphur fuel available at its main bunker supply ports by December 2014.

Maersk Line's bunker costs down 2.8% in Q2
22 Aug 2014 12:38 GMT
Shipping line achieved a 6.6% increase in volume growth, but it consumed 1% less fuel and the average bunker price paid was 1.7% lower.

Statoil in Klaipeda LNG supply deal
22 Aug 2014 08:44 GMT
Statoil to supply 950,000 cubic metres of LNG per year to Klaipeda terminal. Contract provides 'possibilities' for LNG reloading.

Lukoil Bulgaria Bunker has tanker retrofitted
21 Aug 2014 13:48 GMT
Vessel is currently being used for bunkering operations in Bulgaria, having previously been deployed in Constantza.

Bunker tanker to undergo modernization in Bulgaria
21 Aug 2014 13:16 GMT
Vessel has been sent to the MTG-Dolphin shipyard in Varna.

Bunker firm in Novorossiysk oil spill exercise
21 Aug 2014 11:48 GMT
Oil spill response exercise was held on August 14 in Novorossiysk.

Vopak net profit down 15% in H1 2014
20 Aug 2014 11:57 GMT
Terminal operator says it expects 2014 EBITDA to exceed EUR 700 million.

Emulsified fuel demonstration in September
20 Aug 2014 08:33 GMT
Company says its product is 'the cheapest, safest and highest quality fuel emulsion on the world market today'.

Hamburg achieves record cargo handling result
19 Aug 2014 14:32 GMT
Cargo handling up 6.6 percent during the first six months of 2014.

Castrol invites users to 'climb aboard the virtual vessel'
19 Aug 2014 12:31 GMT
Users are able to click on different pieces of equipment and view the Castrol products that are available for each application.

Port of Rotterdam implements measures to prevent delays
19 Aug 2014 10:42 GMT
New measures are focused on handling inland shipping traffic and are expected to free up quay and labour capacity in favour of sea-going vessels.

Shipyard awards energy storage contract for hybrid CNG ferry
18 Aug 2014 17:52 GMT
'World's greenest passenger ferry' is due to operate in the Netherlands.

Danish firm closes fuel cell business
18 Aug 2014 12:28 GMT
Company could no longer justify the investments and risk needed to move the company forward, says CEO.

Aegean president outlines key elements of business model
18 Aug 2014 09:03 GMT
Business model has enabled Aegean Marine Petroleum to record 29 profitable quarters out of 30 since becoming a public company.

Project to evaluate dual-fuel marine applications and opportunities in Europe
14 Aug 2014 11:28 GMT
Joint project will seek to determine how American Power Group's Turbocharged Natural Gas Dual-Fuel System can be commercialized in Europe for marine applications.

Aegean posts rise in Q2 net income
14 Aug 2014 08:36 GMT
Net income jumps 69% as revenues and gross profit rise despite 1.2% fall in marine fuel sales volumes.

SMM to showcase 'fuel-saving' technology that converts waste heat into electric power
13 Aug 2014 11:38 GMT
'Revolutionary' new system is said to provide fuel savings of up to 200 tonnes per year.

St. Petersburg: Supplier's second terminal berth in operation
12 Aug 2014 07:23 GMT
Fuel terminal is expected to be handling up to 4-5 million tonnes of oil products per annum by 2020.

Rolls-Royce engines to power three double-ended ferries
08 Aug 2014 12:14 GMT
MTU diesel engines will be used to propel three double-ended ferries in Turkey.

Deltamarin wins design contract for LNG-fuelled icebreaker
08 Aug 2014 07:06 GMT
Vessel is scheduled to be delivered in 2016.

Wärtsilä wins design contract; Reduced fuel consumption cited as key reason
07 Aug 2014 13:43 GMT
Finnish firm says operational efficiency and reduced fuel consumption were among the reasons why its design solution was selected by US firm Tidewater.

VTTI Energy Partners announces closing of IPO
07 Aug 2014 12:35 GMT
Common units were sold by VTTI MLP Partners B.V., a wholly-owned subsidiary of VTTI B.V., and began trading on the New York Stock Exchange on August 1.

LNG and energy efficiency to be discussed at gmec event
06 Aug 2014 12:57 GMT
gmec, the global maritime environmental congress, will be held in Hamburg next month as part of the maritime trade fair SMM.

Blue Star Ferries in project to reduce fuel consumption
06 Aug 2014 06:42 GMT
Project aims to make shipping more sustainable through the use of renewable energy and fuel reduction solutions.

KPI Bridge Oil appoints new CEO
05 Aug 2014 14:42 GMT
In an interesting sequence of events, Carsten Ladekjaer's move from Bunker Holding subsidiary, Dan-Bunkering, to KPI Bridge Oil is announced a day after former KPI Bridge Oil CEO, Jan Obel, is named Bunker Holding Chief Sales Officer.

Class approval for exhaust gas cleaning system
05 Aug 2014 11:58 GMT
DeltaLangh has received final class approval from Germanischer Lloyd for its exhaust gas cleaning system.

Bunker Holding appoints Chief Sales Officer
05 Aug 2014 06:46 GMT
Former CEO of KPI Bridge Oil Group, Jan Obel, joins Bunker Holding A/S.

Rotterdam 380 cSt average falls to lowest level since January
04 Aug 2014 10:47 GMT
Rotterdam's monthly 380 cSt average declined by $13 in July.

Aegean to hold earnings call in August
01 Aug 2014 11:33 GMT
Aegean Marine Petroleum to hold conference call and webcast following the announcement of its Q2 results later this month.

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