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Bunker fuel
Fuel supplied to ships and aircraft for international transportation, irrespective of the flag of the carrier, consisting primarily of residual and distillate fuel oil for ships and jet fuel for aircraft. (source: EPA) Background from Wikipedia Fuel oil is a fraction obtained from petroleum distillation, either as a distillate or a residue. Broadly speaking, fuel oil is any liquid petroleum product that is burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power, except oils having a flash point of approximately 40 °C (about 100 °F) and oils burned in cotton or wool-wick burners. In this sense, diesel is a type of fuel oil. Fuel oil is made of long hydrocarbon chains, particularly alkanes, cycloalkanes and aromatics. Factually and in a stricter sense, the term fuel oil is used to indicate the heaviest commercial fuel that can be obtained from crude oil, heavier than gasoline and naphtha. bunkerworld (subscription),AP Moller - Maersk A/S Environmental regulation has brought bunker fuel quality into sharper focus as 'on-spec' fuel is no longer just a commercial and Hedging is 'the obvious next step' - 22 Oct 2007 bunkerworld (subscription),Bunker fuel prices hit record levels in recent weeks against the backdrop of high crude oil prices. In Singapore, the world's largest bunkering port, Fuel vapor, not bomb, caused Glorietta blast - Lacson - 22 Oct 2007 GMA news.tv,Vapor from bunker fuel used to run power generators at the Glorietta 2 commercial complex in Makati City, and not a bomb, may have caused last Friday's Chimbusco targets 3.0 million mt bonded sales - 22 Oct 2007 bunkerworld (subscription),It is estimated to control around 95% of China's bonded bunker fuel market (the market for sales to ocean-going ships). FBI, Australian experts help probe Philippines blast - 22 Oct 2007 AFPPolice said the explosion came from the mall's basement, where bunker fuel and industrial waste -- which emits methane -- were kept. ADM tackles distressed situation in Cambodia - 22 Oct 2007 Asian Investor (subscription),...“A great deal of it comes from the vehicles in Hong Kong, especially the ships in Hong Kong waters burning bunker fuel, which is incredibly dirty and a Call for caution with 500 cst bunker fuel - Oct 17, 2007 bunkerworld (subscription),The grade is usually cheaper than 380 cst bunker fuel. Rashid stressed that the issue with 500 cst material was not one of quality, rather of understanding. Fuel surcharges up yet again - Oct 16, 2007 bunkerworld (subscription),..."This increase is necessary to offset a portion of increased bunker fuel costs experienced in recent weeks," the company said in a statement. Fast growth predicted for 500 cst - Oct 18, 2007 bunkerworld (subscription),Sales of 500 centistoke (cst) bunker fuel could outpace general bunker market growth by 5-10% in the next five years, according to David Bleasdale, 133000 oil spill claimants advised to pursue Petron - Oct 21, 2007 Inquirer.net,Pamalakaya blames Petron for the massive oil spill that occurred after the M/T Solar I, which was carrying 2.1 million liters of Petron-owned bunker fuel, New week brings new bunker price records - Oct 15, 2007 bunkerworld (subscription),The price of 380 centistoke (cst) bunker fuel in Singapore rose by $4 to reach $430 per metric tonne (pmt) Monday, a new all-time high, according to Bunker fuel squeeze in Australia - Oct 7, 2007 bunkerworld (subscription),In Port Kembla, supplies of bunker fuel are not available until October 17, while marine gasoil (MGO) supplies are tight until October 13. Aegean Marine Petroleum On The Move - Oct 19, 2007 Minyanville.com,There is no other permanent bunker fuel provider in the area, so ANW will be the first. Most of the West African fleet was fueling up in Gibraltar before Ship fuel consumption 'much greater than though' - Oct 4, 2007 bunkerworld (subscription),New figures for global bunker fuel consumption, and hence carbon dioxide (CO2) emissions from shipping, are some 50% higher than previously accepted Singapore bunkers firm as fuel oil stocks fall - Oct 4, 2007 bunkerworld (subscription),The price of 380 centistoke (cst) bunker fuel averaged $400 per metric tonne (pmt) this Thursday, a $3.5 increase from the day before, Bunkerworld data Record Matson 26% fuel surcharge - Oct 20, 2007 Honolulu Star-Bulletin,...a letter to customers that it was increasing its surcharge to 25 percent to offset a portion of increased bunker fuel costs experienced in recent weeks. Bunker spill raises local fears - Oct 12, 2007 bunkerworld (subscription),This week's spill happened Wednesday, when bunker fuel from the crude oil tanker Tigani was found in the water around the ship, and locals were concerned. In Depth / Perspective - Oct 7, 2007 LBReport.com,While State & Fed'l Officials Decry Greenhouse Gases, CA Effectively Subsidizes High-Polluting Bunker Fuel Burned By Ships In CA Ports (Oct. 8, UAE player pays record fuel oil price - Sep 26, 2007 bunkerworld (subscription),But the bunker fuel premium in Fujairah dropped to $15 by Tuesday this week and was seen slipping to about $10 pmt this Wednesday. Plan backfires to cut emissions from cruise ships - Oct 8, 2007 Canada.com,The American Petroleum Institute recently claimed that moving from residual fuels (such as the commonly used bunker fuel) to distillates such as marine INQUIRER VISAYAS Carpenter’s son carves name as visual artist - Oct 19, 2007 Inquirer.net,The red clay was smeared with blackened oil that is not unlike how the bunker fuel choked the mangrove, rocks and marine life during the oil spill off Asia fuel cargoes strong for October - Sep 25, 2007 bunkerworld (subscription),Meanwhile, bunker fuel demand in Singapore, the largest bunkering port, was seen to be quiet to average as high bunker prices have put buyers on the Horizon ups fuel surcharge Pacific Business News (Honolulu) - Oct 16, 2007 Bizjournals.com,Horizon (NYSE: HRZ), based in Charlotte, NC, said the increase is needed to offset increased bunker fuel costs. In addition to Hawaii and Guam, Nippon Oil suspends Negishi bunker supply - Oct 1, 2007 bunkerworld (subscription),Reports say that Japanese refiner Nippon Oil Corporation has suspended bunker fuel shipments at its 340000 barrels per day (bpd) Negishi refinery due to Singapore: Five bunker samples needed - Sep 23, 2007 bunkerworld (subscription),...also collected from incorrect sampling points, and hence will not correctly reflect the quality of the bunker fuel delivered,'' the MPA circular said. EPA Is Petitioned to Limit Ship Emissions - Oct 3, 2007 New York Times,But TL Garrett, a vice president of the Pacific Merchant Shipping Association, said greenhouse gases created by distilling the thick bunker fuel into higher Refinery suspension squeezes supply - Oct 2, 2007 bunkerworld (subscription),Several Japanese bunker traders and suppliers told Bunkerworld today that Nippon Oil Corporation's suspension of bunker fuel shipments at its Negishi New player enters Russian market - Oct 18, 2007 bunkerworld (subscription),...company is planning to create a bunker servicing network of its own across Russian ports and expand its activities on international bunker fuel markets. Outage at Shell's gasoline-making unit in Singapore - Oct 14, 2007 bunkerworld (subscription),Shell had bought 220000 metric tonnes (mt) of 380 centistoke (cst) bunker fuel parcels while its 500000 bpd refinery on Bukom Island sees a choke in output. Japan bonded bunker sales dip in August - Oct 16, 2007 bunkerworld (subscription),Japan's bonded bunker fuel sales in August was recorded down both year-on-year and and month-on-month, figures from the Ministry of Economy, IFO380 at new high in Rotterdam - Oct 5, 2007 bunkerworld (subscription),IFO380 bunker fuel for delivery to ships averaged $389 per metric tonne (pmt) in Rotterdam today, the highest price on record, according to Bunkerworld data Singapore prices tower over Tokyo - Oct 16, 2007 bunkerworld (subscription),Japanese refiners typically aims to keep a price differential to the Singapore market at $20-25 pmt for bunker fuel products. A Japan-based bunker supplier Chevron general manager takes Bominflot top job - Oct 18, 2007 bunkerworld (subscription),Hamburg-based The Bominflot Group today announced a new president and CEO for its US bunkering operation. "[We are] pleased to announce that Mark Bandar Abbas stays competitive to Fujairah - Oct 15, 2007 bunkerworld (subscription),Cockett currently supplies 380 centistoke (cst) bunker fuel at Bandar Abbas. Indications were pegged at $420 per metric tonne (pmt) on Tuesday, Shipping emissions are vastly underestimated - Oct 4, 2007 Times Online,A new method of calculation, based on a reassessment of the quantity of marine bunker fuel used by vessels over 400 gross tonnes, puts shipping at 1.2 Shell takes delivery of Zemira - Sep 27, 2007 bunkerworld (subscription),The bunker tanker is equipped with fully heated cargo spaces, allowing high-viscosity bunker fuel to be stored and delivered at optimal temperature and Horizon boosting fuel surcharge - Oct 16, 2007 Honolulu Star-Bulletin,..."The increase is necessary to offset a portion of increased bunker fuel costs experienced in recent weeks," Horizon said in a statement to customers. Kuwait: New barges to arrive soon - Oct 8, 2007 bunkerworld (subscription),The regulation calls for the phasing out during 2008 of single-hulled tankers between 600 and 5000 dwt, banning them from carrying HGO, such as bunker fuel. TECHNICAL WORKSHOP ON EMISSIONS FROM AVIATION AND MARITIME TRANSPORT: - Oct 7, 2007 Earth Negotiations Bulletin,Bunker fuel emissions constitute a small, but fast-growing, percentage of global greenhouse gas emissions: in the period 1990-2004, emissions from Bunker tanker hit at terminal berth - Oct 10, 2007 bunkerworld (subscription),At the time of the incident, SS Prosperity was loading bunker fuel and about 20 metric tonnes (mt) of oil was spilled, according to the bunker tanker master Fuel oil trade shrinks at IMAREX - Oct 4, 2007 bunkerworld (subscription),The total notional value of bunker fuel oil contracts traded at IMAREX and NOS in September was $91 million, 55% down from $204 million in the same month $90 crude oil 'easily within reach' - Oct 16, 2007 bunkerworld (subscription),The price of 380 centistoke (cst) bunker fuel was tentatively indicated at close to $430 per metric tonne (pmt) in Rotterdam on Tuesday morning as bids Oil producers have 'no influence' over crude rally - Oct 18, 2007 bunkerworld (subscription),Bunker fuel prices in major bunkering ports worldwide have also risen in line with rallying crude prices. Singapore, the world's largest bunkering market, 500 cst remains out of reach to HK suppliers - Oct 18, 2007 bunkerworld (subscription),Without heating devices, the high-viscosity bunker fuel will solidify in the cargo tanks under low night time temperatures in Hong Kong, especially during Singapore bunker sales retreat from record - Oct 15, 2007 bunkerworld (subscription),September sales for 380 cst bunker fuel posted 2.0698 million mt, up 0.5% from 2.0589 million mt in August. 180 cst bunker material recorded the largest Saudi Aramco resumes 180 cst bunker sales - Oct 1, 2007 bunkerworld (subscription),Saudi Arabia's state-owned refiner Saudi Aramco has announced the resumption of the sale of 180 centistoke (cst) bunker fuel to ports along the Persian Gulf Suppliers' credit risk up on rising bunker prices - Sep 26, 2007 bunkerworld (subscription),He said bunker fuel easily made up 50% of a ship's operating expenses. Dupre used the example of the shipping firm APL to show the impact of bunker Local news - Oct 16, 2007 Pacific Daily News,The increase is meant to offset a portion of increased bunker fuel cost in recent weeks, according to the company's Oct. 12 letter to its Guam and Hawaii BPCL looks to tie up with Petrobras for biodiesel fuel - Sep 23, 2007 Livemint,Sinha said Matrix Marine is the largest bunker fuel supplier in Singapore with a 128 million tonne (mt) tankerage and owns 70 ships. Ships pollute more than planes - Oct 19, 2007 Register,Some 90000 vessels cut regular channels through the oceans, burning low-grade "bunker fuel" that churns out choking fumes that contribute to air pollution |
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