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
PetroChina takes up 100% of Phase 1 252,000 m3 tank capacity; Phase 2 adds 310,000 m3 of storage.
There are two newly elected joiners to the board following the 2021 election: Jesper Rosenkrans from Total and J. Stephen Simms of the US law firm Simms Showers LLP.
Investment firms Credit Agricole Asia Shipfinance Limited and Credit Suisse AG took admiralty action against both VLCCs during November 2021.
Vacuum Residue Desulfurisation Unit in Ulsan refinery, the largest in Korea, will be ready by July 2020.
Iranian-flagged grain vessels Bavand and Termeh have been waiting for fuel at Paranagua Bay, Brazil since June.
Group also raised concerns on Canada saying it’s urgent the country puts in place a plan to rid the Canadian Arctic of the ‘world’s most hazardous and polluting marine fuel’.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
Maersk, CMA CGM, BP and Stena Bulk give insights on availability of the three potential bunker fuel types, their plans, transition from fuel oil and LNG to alt fuels, how important sustainable marine fuels are to shipowners and more.
