5 percent global sulfur cap for marine bunker fuels
, panelists said at the Connecticut Maritime Association conference as questions remain about potential alternatives.
One of the issues hindering the growth of coastal shipping has been the levy of customs and central excise duty on bunker fuels
which raises cost of transportation.
The global ship fuel industry is at the start of a new wave as international regulations on emissions controls now mean that ships within restricted areas must use bunker fuels
which contain a maximum sulphur content of 0.
GAC Bunker Fuels
has appointed Colin Holloway as global trading manager.
GAC, a global provider of integrated shipping, logistics and marine services, said its bunker fuels
unit has been awarded the ISO 9001 certification by DNV after passing the latest audit for marine fuel and lubricants trading and brokerage.
oil company Chevron is negotiating an agreement with the Dutch company Vopak, the world's largest independent storage tank terminal operator, to convert the refinery in Bahia Las Minas into a hub for the interregional market for petroleum products and bunker fuels
, reports Prensa.
GAC, the world's leading shipping, logistics and marine services company has announced the appointment of Anthony Mollet as the General Manager of GAC Bunker Fuels
(GACBF) with immediate effect.
As a result ship owners - large and small - are at risk of being harmed financially from operational downtime and regulatory fines caused from off-specification bunker fuels
By contrast, firm demand bunker fuels
demand kept ex-wharf premiums of 380-cst fuel at a near 2-week high of $2.
The integrated package of support services at multiple ports for the 93-metre long three-masted Bermuda rigged schooner 'Eos' was co-ordinated by the GAC Bunker Fuels
specialised superyacht department based in Southampton, UK, said a statement.
In addition bunker quantity surveys, available on a global basis, help protect the ship owner and operator's financial interests when taking delivery of bunker fuels
India has extended the benefit of nil custom and production tax on bunker fuels
to domestic coastal movement of containers, in a move to decongest its roads and reduce carbon emissions, a government statement said.