Argus

Marine Fuel Global Weekly Market Update

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A weekly Argus news digest of interest to the conventional and alternative marine fuel markets, offering insights into developments shaping the maritime industry’s fuel landscape.

Alternative marine fuels

New York, 4 August World Kinect bunker sales slump but profit is up US-based fuel supplier World Kinect, formerly known as World Fuel Services, boosted its profit.

Singapore, 4 August Methanex hikes China methanol contract price, cuts Asia Canada-based methanol...

https://mfame.guru/marine-fuel-global-weekly-market-update-3/

Eastern Shipbuilding Withdraws Coast Guard OPC GAO Protest, Will Pursue ‘Different Legal Pathway’

USCGC Argus (WMSM-915). Eastern Shipbuilding Group Photo

Eastern Shipbuilding Group withdrew a protest to a June Coast Guard contract award for the second phase of the service’s Offshore Patrol Cutter program on Tuesday in preparation for a different challenge in federal court, USNI News has learned.

On Tuesday, Eastern withdrew its protest to the Government Accountability Office for the Coast Guard’s $208.26 million award to Austal USA in Mobile, Ala., for the second phase of the Heritage-class...

https://news.usni.org/2022/10/05/eastern-shipbuilding-withdraws-coast-guard-opc-gao-protest-will-pursue-different-legal-pathway

Eastern Shipbuilding Protests Coast Guard Offshore Patrol Cutter Award to Austal USA

Heritage-class cutter under construction. Eastern Shipbuilding Group Photo

The shipyard first tapped to build what the Coast Guard considers its most important shipbuilding program is contesting the service’s decision to change yards with a formal protest to the Government Accountability Office, company officials told USNI News.

Eastern Shipbuilding Group filed the GAO protest following the late June $208.26 million award to Austal USA in Mobile, Ala., to build the future Heritage-class Offshore...

https://news.usni.org/2022/07/21/eastern-shipbuilding-protests-coast-guard-offshore-patrol-cutter-award-to-austal-usa

VESSEL REVIEW | Argus – Versatile hybrid survey and inspection USV for Norway’s Argeo

Norwegian subsea survey and inspection company Argeo is the initial operator of a new type of multi-purpose unmanned surface vehicle (USV) designed and built by compatrio ..

The post VESSEL REVIEW | Argus – Versatile hybrid survey and inspection USV for Norway’s Argeo appeared first on Baird Maritime

https://www.bairdmaritime.com/work-boat-world/specialised-fields/unmanned-craft-non-naval/vessel-review-argus-versatile-hybrid-survey-and-inspection-usv-for-norways-argeo/

The New World Record Set For Shipping Rates

LNG shipping hits all-time peak but rates expected to subside in the spring, reports Freight Waves.

LNG Shipping

It has never been more expensive to get a container of goods across the ocean. But it’s not just containers. Liquified natural gas (LNG) shipping is also rewriting the record books.

Argus reported that BP has just chartered the ship LNG Abalamabie for the equivalent of $350,000 per day. That makes it the most expensive cargo-ship charter in history, surpassing the $300,000-per-day...

https://mfame.guru/the-new-world-record-set-for-shipping-rates/

Argus & DNV GL To Develop First Data Platform for Green Ammonia

  • Green ammonia is emerging as a possible future fuel, supported by shipowners’ efforts to identify alternatives to fossil fuels to meet growing environmental concerns.
  • Global energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform.

Global energy and commodity pricing service Argus Media along with the classification society DNV GL, joined forcers and launched industry’s first online platform for...

https://mfame.guru/argus-dnv-gl-to-develop-first-data-platform-for-green-ammonia/

VIDEO: Eastern lays keel for first Coast Guard OPC

Face masks and social distancing were much in evidence when the Coast Guard and Eastern Shipbuilding Group (ESG) authenticated the keel for the first Offshore Patrol Cutter (OPC), Argus, at a ceremony held April 28 in Panama City, Fla.

The keel authentication, a time-honored tradition in shipbuilding, was conducted by Joey D’Isernia, president of ESG, and Capt. Andrew Meverden, commanding officer of Coast Guard Project Resident Office Panama City. Bradley Remick, a welder with ESG, used a...

https://www.marinelog.com/shipyards/shipyard-news/video-eastern-lays-keel-for-first-coast-guard-opc/

Argus Fuel Oil Summit October 22

According to an Argus Media report, Argus Fuel Oil Summit is organized in Miami, Florida, US from October 20-22, 2019.

2020 fuel change

Get prepared for 2020 as the fuel and bunker market braces for change. Argus Fuel Oil Summit will bring together over 200 delegates from the

  • fuel oil,
  • marine fuels, and
  • feed stocks sector.

Summit will provide a comprehensive overview of the global residue markets. 

Hear from Experts 

BIMCO’s Peter Sand to discuss on how the new regulations will impact the...

http://mfame.guru/argus-fuel-oil-summit-october-22/