New York-listed domestic and international transportation and logistics and risk management consultancy SEACOR Holdings has acquired the remaining 50% ownership interest in alternative energy and power services and solutions firm CLEANCOR Energy Solutions.
CLEANCOR provides liquefied natural gas (LNG) distribution and technical field support services, leasing its fleet of specialised cryogenic and high pressure gas storage, transport and mobile gas processing equipment, and designing, building, operating and maintaining private power and cogeneration plants.
“CLEANCOR has recently commissioned several power supply solutions for end customers in the Caribbean leveraging SEACOR’s relationships in the islands,” said Eric Fabrikant, COO of SEACOR.
“We also are seeing more opportunity for SEACOR and CLEANCOR to provide turnkey LNG fuel and bunker solutions to the marine industry.
“The time to leverage the synergies between these two platforms is now, and we are excited to provide Jeff Woods, CLEANCOR’s CEO, and his team, our full support.”
Jeff Woods, CEO of CLEANCOR, said, “We are excited to become a wholly-owned subsidiary of SEACOR, and to continue to build on the strategic synergies of its extensive customer base and vibrant operations in the US, Caribbean and Latin America by providing customers reliable, low cost energy and power solutions.”
Published: 1 June, 2018
‘The lifting follows the last seating of the Bunkering Stakeholder session held in December 2021 that resolved that the moratorium should be lifted,’ it states.
‘Covid-19 has made it paramount for maritime leaders to […] discuss key issues such as keeping supply chains going and accelerating digitalisation,’ said Ministry of Transport.
4.12 million mt (exact 4,115,500 mt) of various marine fuels were sold at the world’s largest bunkering port in May, lower than 4.07 million mt recorded in May 2021, show MPA data.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Investing alongside funds managed by Amber is Access Capital Partners; Amber and Access have together acquired all of the issued share capital of STR, it said.
Newbuilding production is scheduled to start production in September 2022, with units to be delivered from September to December 2023.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
