Fuel tanker

Fuel-Tanker Demand Explodes as China and the Middle East Process More Crude

Credit: Bahadir CIVAN/Pexels

The global oil-refining complex’s centre of gravity is moving dramatically eastward, which is causing a boom in the industry of building ships to transport fuel around the world, as reported by Bloomberg.

Pandemic 

According to shipbroker Braemar, this year has seen one of the busiest first quarters since 2013 with orders for up to 38 mid-range tankers. According to shipbroker Simpson Spence Young, the total number of ships awarded international serial numbers this...

https://mfame.guru/fuel-tanker-demand-explodes-as-china-and-the-middle-east-process-more-crude/

DNV Grants AiP for LNG Fuel Tank Insulation With Leak Detection System

  • DNV developed a new concept for prismatic ‘type B’ LNG tanks.
  • According to IMO rules, it is required for partial secondary barrier – to avoid leakage in fuel tanks.

DNV has granted an Approval In Principle (AIP) to PASSER Marine for the development of a new LNG fuel tank insulation system, says an article published in DNV.

PASSER Marine COO’s Comments

“The system they had developed was cost-effective and production-friendly,” said Svein Konradsen, COO of PASSER Marine AS.

“The pandemic has been...

https://mfame.guru/dnv-grants-aip-for-lng-fuel-tank-insulation-with-leak-detection-system/

Ship Owners Sailing Fuel Cargoes To US for Seizure

  • Tankers carrying Iranian fuel cargoes covered by a U.S. warrant for seizure sail to the United States.
  • Fuel should be in U.S. territorial waters to be seized.
  • Vessel owners transfer fuel cargoes to other vessels to be shipped to the US as the warrant covers only the cargoes.

According to a U.S. government source, tankers carrying Iranian fuel cargoes covered by a U.S. warrant for seizure are sailing to the United States,reports Reuters.

Tankers with warrant for seizure

Tankers carrying Iranian...

https://mfame.guru/ship-owners-sailing-fuel-cargoes-to-us-for-seizure/