Bunker Fuel


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Related to Bunker Fuel: Heavy fuel oil

Bunker Fuel

Refined oil on a ship and used as fuel. See also: Bunker adjustment factor.
References in periodicals archive ?
This report researches the worldwide Bunker Fuel market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
On its first year of implementation, Pilmico was able to save almost half of its bunker fuel use which continued on until 2018, where fuel savings increased further by another 26%.
From January 1, 2020, IMO will enforce its Marpol Annex VI regulation mandating all ocean-going vessels to burn bunker fuels with a maximum sulphur content of 0.5 per cent, down from the current limit of 3.5 per cent.
While prices of coal have already increased with the addition of the excise tax, the commodity has remained cheaper than bunker fuel.
Bunker fuel is the dirtiest kind of oil, extremely toxic when spilled, though less explosive.
There were also separate incidences of bunker fuel transfers between bunker tankers that were conducted without approval, the MPA said in a statement.
With a tide of new challenges ahead, this year's International Bunker Fuel 2015 is set to become the world's leading exhibition and conference exclusively for the bunker fuel industry and a large array of end users to address the specific challenges of transitioning the marine sector to run on natural gas fuels.
The two lines have diverged since September when the bunker fuel tracked a crash in global crude oil prices.
OW Bunker is a unit of Danish bunker fuel and general shipping supplies company Wrist Group A/S.
It is bunker fuel and it is black," Cebu coastguard commander Weniel Azcuna told AFP.
loading stations for fossile fuels like coal or heavy fuel oil for the shipping industry.Gazpromneft Marine Bunker LLC is a subsidiary of Gazprom Neft, which supplies bunker fuel for marine and river vessels.
Seasonal demand, surging bunker fuel prices and tight container box availability should help push rates higher and help ease the "sense of panic among carriers", said Eng Aik Meng, president of APL, the world's sixth largest container firm and a unit of Neptune Orient Lines.