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Home » News » Europe News - August 2018

Europe News - August 2018

Dan-Bunkering hires multilingual trader in Monaco
30 Aug 2018 08:47 GMT
Newly appointed Nuno Manaia speaks five languages.

Hoglund launches LNG and power solutions arms ahead of 2020 'shock to shipping'
30 Aug 2018 06:32 GMT
Gas business to work on LNG fuel systems, whilst power solutions division will focus on electric and hybrid vessels.

Trelleborg to talk LNG bunkering at Gastech
29 Aug 2018 11:53 GMT
LNG transfer technology to be discussed at event presentations.

Fuel-saving Silverstream System to be installed on 12 Grimaldi ships
29 Aug 2018 00:01 GMT
Air lubrication technology to be fitted in addition to batteries, solar panels and scrubbers.

Odfjell posts rise in bunker costs and $120m net loss
24 Aug 2018 08:34 GMT
Gradual improvement for chemical tankers expected towards end of 2018; stable results forecast for terminals.

Liberty Marine Fuels moves to 'much bigger' office
23 Aug 2018 13:08 GMT
Relocation follows recent rebranding and the addition of Rune Pejtersen as managing partner.

Bunker One looks to bolster finance team 'at a very interesting time'
23 Aug 2018 07:39 GMT
Position described as 'chance of a lifetime' as firm enters 'one of the most radical disruptions in industry history' in 2020.

IBIA sells 250 Annual Dinner tickets as discount period nears end
22 Aug 2018 13:29 GMT
Association offering early bird rate up until the end of August.

K Line ship enters Polish repair yard after bunker spill
22 Aug 2018 09:51 GMT
Makassar Highway leaked fuel oil off the coast of Sweden towards the end of July.

World Fuel Services claims enhanced client offering with launch of Falmouth jetty
21 Aug 2018 10:50 GMT
Work at the Eastern Jetty formed part of a major refurbishment programme at the Falmouth terminal.

Top Ships' fuel-efficient 'Eco' tanker completes sea trials
21 Aug 2018 07:45 GMT
The Eco Palm Desert is expected to be delivered next month, as planned.

SHI to build two bunker-saving LNGCs for Celsius Tankers
20 Aug 2018 09:04 GMT
Celsius LNGCs will be world's first to be fitted with Samsung's air lubrication system, SAVER Air.

Viking Line's bunker costs rise 3.6% in H1
17 Aug 2018 13:34 GMT
Finnish ferry operator spent EUR 24.1m on bunker fuel during the first half of the year.

Maersk profitability 'significantly impacted' by higher bunker costs
17 Aug 2018 10:06 GMT
EBITDA negatively affected by bunker price increases not being recovered via freight rates.

Sealed in a month: Mercuria takes 30% stake in Aegean as refinancing transaction is agreed
16 Aug 2018 14:14 GMT
Mercuria still also has the exclusive right to pursue a broader strategic partnership until January 31, 2019.

Higher bunker prices add EUR 4.1m to operating costs: Containerships Plc
16 Aug 2018 13:13 GMT
EBIT 'particularly affected' by increased fuel costs, says CEO... but it still managed to grow 45.2% in H1.

Torm to install scrubbers on 14 ships in new initiative
16 Aug 2018 10:57 GMT
Covers 10 ships due for delivery up until Q1 2020 plus vessels delivered earlier this year.

Earnings growth dampened by lag in recovery of higher bunker costs: DFDS
16 Aug 2018 09:34 GMT
Danish firm still manages 8.7% rise in EBITDA and $62m net profit.

Rolls-Royce launches new battery system for ships
15 Aug 2018 14:02 GMT
Energy storage unit can be combined with an LNG or diesel-powered engine in a hybrid set-up.

Norden to install 26 scrubbers, with option for additional five
15 Aug 2018 09:27 GMT
Total costs estimated at $54m, with $41m capex forecast for 2018-2020.

ExxonMobil becomes 'first' to offer MFM bunker deliveries in ARA region
14 Aug 2018 11:09 GMT
ECA-compliant ExxonMobil Premium HDME 50 now available via MFM.

Aegean Marine gets extra 90 days to avoid note default
14 Aug 2018 07:41 GMT
Agrees to pay additional 0.5% on next interest payment... but gives 'no assurance' that the issue will be resolved in time.

Bunker-saving air lubrication system 'exceeds expectations' in trials
13 Aug 2018 14:58 GMT
Silverstream System is said to have demonstrated net efficiency improvements of more than five percent.

Wallenius opts for 'balanced' 2020 strategy with low-sulphur fuels and scrubbers
10 Aug 2018 16:27 GMT
Scrubber retrofits on 20 ships... but some set to miss IMO deadline with installations due to continue until 2022.

Hapag to test scrubbers and LNG in pilot projects
10 Aug 2018 15:35 GMT
One ship to be converted to LNG; two to run on scrubbers during tests.

Aegean announces three senior appointments and new management committee
09 Aug 2018 13:38 GMT
Names new COO, CFO and Global Director of Supply and Trading; former COO and CFO leave firm.

Tallink cites higher bunker costs as key reason for lower results
09 Aug 2018 09:51 GMT
Financial results were 'significantly impacted' by the increase in fuel prices, says CEO.

Bunker Holding sees 'controlled growth' as preferred long-term strategy
08 Aug 2018 08:35 GMT
CEO Keld Demant discusses the group's master plan for 2020 and beyond.

Bunker industry veteran Neil Lamerton joins Sea Oil
07 Aug 2018 08:17 GMT
Move will see Lamerton's broking business, Oceanic Energy, trade under the name Sea Oil.

MARS flags up oiler death to highlight dangers of waxy deposits from LSMGO in low temperatures
06 Aug 2018 14:12 GMT
Offers advice on how to control the buildup of waxy residue in a vessel's fuel lines.

LNG the silver lining as Rotterdam posts lowest quarterly bunker sales of the 2010s
03 Aug 2018 09:13 GMT
LNG volume soars 78% as combined bunker and lube sales fall below 2.4m cbm for first time this decade.

Amsterdam doubles top discount for ESI ships that bunker LNG
02 Aug 2018 13:28 GMT
New port dues incentive is designed to encourage more use of the gas fuel.

K Line ship arrives at Oskarshamn after bunker spill
02 Aug 2018 11:21 GMT
Vehicle carrier towed to safe location after leaking fuel oil during refloating on July 29.

Finnlines announces bunker surcharge for Malmo-Travemunde route
02 Aug 2018 08:57 GMT
Baltic operator notes that its bunker fees have risen since the recent increase in fuel prices.

'Case closed': Finnlines' EUR 2.76m claim against bunker firm OMB dismissed
02 Aug 2018 08:37 GMT
Court of Appeal rejects ferry operator's demand for compensation.

Liberty Marine adds 'Fuels' to name and new managing partner
01 Aug 2018 09:45 GMT
Rune Pejtersen joins broking firm, which is rebranded as Liberty Marine Fuels.

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