The savings figures multiply the cost of the main grade of bunker fuel
, with consumption estimated to be about 3.
About 2,000 vessels call at the two assessed ports in Mumbai annually, and they collectively account for around 180,000 metric tons (mt) of bunker fuel
sales per year.
Study manager Kurt Barrow says, "Emissions limits recently agreed by the International Maritime Organization (IMO) will change bunker fuel
qualities and indeed the type of fuel consumed by the regional and global shipping industries.
While the removal of the bunker fuel
will cause a reduction in current coverage levels, Fitch projects that coverage ratios will remain strong.
is usually the most expensive component of any sea voyage involving large vessels.
The testing protocol consisted of the addition of Ethos Bunker Fuel
Conditioner to the heavy fuel oil powering PetroEcuador's electrical generation plant at Esmeraldas.
The company said Gazprom Neft unit Gazpromneft Marine Bunker, which is already operational in the Baltic bunker market, intends to deliver at least 270,000 metric tons a year of bunker fuel
to Port of Tallinn.
EMEA Automotive and Marine Performance Fuel Additives Markets is part of the Chemicals and Materials Subscription, which also includes research in the following markets: diesel additives, gasoline additives and bunker fuel
In the past three months, bunker fuel
prices have risen 17 percent, with the fuel surcharge recovering only a portion of that increase.
With the introduction of maximum levels for the sulphur content of bunker fuel
and stricter standards for emissions by seagoing ships as well as barges, the use of LNG as an alternative to gasoil has been under consideration for some time now.
April 27 /PRNewswire-FirstCall/ -- Global Partners LP , one of New England's largest wholesale distributors of distillates, gasoline, residual oil and bunker fuel
to wholesalers, retailers and commercial customers, today announced that it will release its first-quarter 2006 financial results before the market opens on Thursday, May 11, 2006 and host a conference call that morning for investors and analysts.
7 million barrels sold for blending into low-value asphalt, bunker fuel
and similar residual products.