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Russia fuel oil exports could dry up within three years - bunkerworld (subscription)


Russia fuel oil exports could dry up within three years
bunkerworld (subscription)
Russian fuel oil exports to Europe could cease in 2015 if government proposed tax changes take place, an analyst has said. Colin Birch, vice president, downstream energy consulting IHS said the European bunker market was reliant on Russian supply for ...

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World Fuel Services Growing Faster than Apple - Ship Bunker


World Fuel Services Growing Faster than Apple
Ship & Bunker
Of all companies in the Fortune 500, World Fuel Services [NYSE:INT] (WFS) has grown the fastest over the past decade, outpacing even consumer technology giant Apple Inc. [NASDAQ:AAPL] (Apple), CNN Money reports. The U.S.-based supplier of bunkers...

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South Korea Refiner to Continue Bunker Fuel Cargo Imports - Ship Bunker


South Korea Refiner to Continue Bunker Fuel Cargo Imports
Ship & Bunker
The refiner, which did not regularly import bunker fuel cargoes prior to April 2013, was said to have reduced fuel oil production at its 53,000 barrel per day (bpd) vacuum gasoil fluid catalytic cracker (FCC) and started commercial operation of a new ...

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'Increasing interest' in LNG as bunker fuel - bunkerworld (subscription)


'Increasing interest' in LNG as bunker fuel
bunkerworld (subscription)
The use of liquefied natural gas (LNG) as a bunker fuel has "continued to generate interest" in the containership, LNG tanker, and cruise markets, says Bureau Veritas (BV). The classification society, writing in its 2012-2013 Marine and Offshore ...

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The only Fortune 500 company that's grown faster than Apple - Fortune (blog)


The only Fortune 500 company that's grown faster than Apple
Fortune (blog)
Kasbar himself has been in the fuel business ever since he graduated from college in New York in 1978 and got a job at a firm selling "bunker" fuel to shipping companies. (The term bunker comes from the days when ships used to burn coal and store it in ...

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