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Maersk Tankers sells product tanker fitted with rotor sails January 26, 2021, by Jasmina Ovcina Maersk Pelican, the world’s first product tanker testing the use of wind propulsion technology, has been sold and delivered to its new owner, Maersk Tankers said. Data from VesselsValue shows that the LR2 tanker has been sold to Buana Lintas Lautan, an oil and gas company from Indonesia, for an undisclosed price. The 13-year old, 109,600 cbm vessel has been renamed Timberwolf, and it has been fixed on a one-year charter at $14,5000 + profit share to ...

ECB Group signs major biofuel purchase and sale agreement with Shell By Mary Page Bailey | January 26, 2021 ECB Group Paraguay and Shell Trading (US) Co. have signed a multi-year contract that will provide more than 500 million liters/yr of renewable diesel and renewable jet fuel to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024. The renewable diesel HVO (Hydrotreated Vegetable Oil) and renewable jet fuel (Synthetic Paraffinic Kerosene/SPK), also known as Sustainable Aviation Fuel (SAF), will be produced at ECB’s to-be-built Omega Green bior...

First US offshore LNG articulated tug and barge ready for operations

Q-LNG Transport and Shell Trading (US) Company announced Wednesday that the first offshore liquified natural gas (LNG) bunkering…

The Q-LNG 4000 ATB, above, will serve the southeastern US coast. PHOTO SOURCE: Q-LNG Transport