fuel oil

The wreck is believed to still contain bunker fuel in its lower deck.

Bunker fuel is the dirtiest kind of oil, extremely toxic when spilled, though less explosive.

Additionally, bunker fuel oils that are typically used by industries, including power plants are slapped with similar excise taxes as diesel, at P2.

There is no excise tax at present on diesel, kerosene, cooking gas and bunker fuel.

LNG bunker fuel will be supplied to two dual fuel LNG harbour tugs, which will be owned and operated by PSA Marine.

There were also separate incidences of bunker fuel transfers between bunker tankers that were conducted without approval, the MPA said in a statement.

While low prices are set to remain and with an abundant supply, natural gas fuels offer the clear economic solution and market suppliers are now offering viable alternatives to heavy diesel fuel, in particular establishing Liquefied Natural Gas (LNG) as the leading bunker fuel of choice.

The annualised savings from low crude oil prices in the cost of bunker fuel would amount to almost $4bn.

According to the Philippine Coast Guard, anywhere between, 500 to 1,000 litres of bunker fuel made its way to the Pasig River after a valve in one of the tanker trucks, used for transporting the fuel, was left open.

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.

She worked with several other entities such as Commander Naval Region Europe, Commander 6th Fleet staffs, Defense Energy Support Center, ships personnel, and Navy fuel specification custodians to assess the requirements for bunker fuel support at 13 different ports along the West coast of Africa, which ultimately enabled several APS objectives to be met and created the foundation for bunker fuel support for years to come.

Summary: ENOC Bunkering International LLC (EBIL), a wholly-owned subsidiary of ENOC, has resumed operations to supply bunker fuel for its offshore operations in the UAE at Al Fujairah Port and will soon commence operations in Jebel Ali Port.

The Nestle Cagayan de Oro Factory's Atmospheric Fluidized Bed Boiler (AFBB) is a technology that recycles and burns 100% spent coffee grounds of bunker fuel a day, which the factory uses for its operations.

According to Carlos Melara, manager of the Honduran sugar producers' association, that power output would require 51 million gallons of bunker fuel, a petroleum derivative, at a price of $56 million.