Marine fuels segment reported gross profit of $172.6 million in FY 2023, a decrease of 33% when compared to FY 2022.
Development expected to result in an overall reduction of at least 3% in bunker fuel costs and 100,000 tons of carbon emissions annually.
From 55 proposals from 32 parties, MPA has shortlisted a total of 11 passenger launch and cargo lighter vessel designs submitted by seven companies and consortia.
Months of collaboration with local port authorities culminated in acquisition of LNG bunkering permit for Port of Antwerp and Zeebrugge, valid for a five-year duration, says...
Eltronic FuelTech launched a new Low-flashpoint Fuel Supply system for “Laura Mærsk”, A.P. Moller-Maersk’s container ship that can sail on green methanol.
Firm signed a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard “Pacific Sentinel”.
SEA-LNG said move will further enhance its LNG supply infrastructure expertise and global reach, while giving GLBP access to the latest LNG pathway research and networking...
VARO will source, produce and blend various waste and advanced bio feedstocks to high quality bunker fuel specs; Orim will source fuel and gas oils for...
New vessel will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100; can also be re-configured in future to supply...
Firms announced they have received all required regulatory approval for their agreement to join forces and have now integrated under the name ZeroNorth.
