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total lubes

Digital Editions

mag archive 230

News

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12
Oct 2018

The US Court of Appeal for the Ninth Circuit has agreed with an earlier district court judgment that Bunker Holding was not entitled to a maritime lien against the vessel owned by Yang Ming Liberia Corp due to non-payment for delivered bunker fuel, but the appeal panel has reversed the district court’s award of costs to the shipowner.

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12
Oct 2018

The company is paying $1.2 billion for the majority interest in the Caribbean fuel marketer.

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09
Oct 2018

Residual fuel oil volumes totalled 331,000 barrels per day (kb/d) in August, a decrease of 19.9% from July and 4.3% below August 2017.

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08
Oct 2018

The US EPA Vessel General Permit (VGP 3.0) will now be issued in March 2019, with a comment period of at least 30 days.

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05
Oct 2018

The companies have also entered into a long-term services agreement for 740,000 barrels of storage capacity for refined products at the new marine terminal in Colima, Mexico.

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04
Oct 2018

The company has mandated three investment banks - DNB Markets, Fearnley Securities and SEB  - to arrange a series of meetings with holders of an aggregated total of $200 million in senior secured bonds, issued by the company’s wholly owned subsidiary, Eagle Bulk Shipco (Shipco).

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02
Oct 2018

The fuel trader has moved on from the Curacao-based oil products marketing and distribution company after 15 years.

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01
Oct 2018

After Canada’s Federal Court of Appeal over-ruled an earlier decision, Mr Justice Russell insists that physical supplier Marine Petrobulk, not ING Bank, should be paid for fuel ordered by Canpotex in 2014.

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28
Sep 2018

United Arab Shipping Company (UASC) had been claiming $200,000 in damages, alleging that World Fuel Services (WFS) provided off-spec fuel to a vessel at the Russian port of Kavkaz, and also short delivered the quantity of fuel agreed in the supply contract.

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27
Sep 2018

‘With implementation of the global marine fuel sulphur cap, we needed a swift, cost-effective hydrotreating solution for the diesel stream from our transmix processing facility,’ says Tim Wagner, president of Gladieux.

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