Sign up
Log in Sign up
Mon 20 Aug 2012, 09:22 GMT

Bunkers International gets go-ahead in Trinidad and Tobago


Government agrees to issue a marketing license to subsidiary Bunkers Oil Trinidad & Tobago Ltd.

Trinidad and Tobago's Energy Minister, Kevin Ramnarine [pictured], has said that the cabinet has agreed to issue a marketing license to Bunkers Oil Trinidad & Tobago Ltd.

Commenting on the news, Ramnarine said: "This will be a subsidiary of internationally renowned Bunkers International Corporation. This company will bunker vessels working for Oldendorf which is a German company which recently established a transshipment business in T&T. It is estimated that on an annual basis at least 125 ships will be bunkered in our waters arising out of this new business and we are advised that there is potential for up to 350 ships.”

Ramnarine also said that the cabinet had agreed that any fuel being purchased by Bunkers Oil Trinidad and Tobago Ltd. would need to be purchased from state owned Petrotrin.

"Any deviation from that would have to be agreed to by the Minster of Energy. This will result in additional revenue for Petrotrin and increased marketing share in the sale of refined products for bunkering. It also means the creation of jobs. It will lead to the creation of a regional bunkering hub in Trinidad and Tobago as the presence of Oldendorf and Bunkers International will attract additional tonnage through the Gulf of Paria," he added.

Bunkering vessel   Trinidad and Tobago  Pointe-a-Pierre (TT)  Port of Spain (TT) 
Areion vessel. Dorian LPG takes delivery of dual-fuel VLGC capable of carrying ammonia  

The 93,000-cbm Areion can run on LPG or fuel oil and transport ammonia cargoes.
FSRU Toscana alongside Green Zeebrugge vessel. RINA awards ISCC EU certification to OLT Offshore LNG Toscana for bio-LNG supply  

Certification enables bio-LNG use in the EU as a renewable fuel under RED II and RED III directives.
World Shipping Council at IMO meeting. WSC calls for safe maritime corridor as 20,000 seafarers remain trapped in the Persian Gulf  

Industry body urges IMO member states to establish safe passage and supply access.
Graphic promoting Auramarine webinar titled 'Sustainable Fueling Part 3: Ammonia - next alternative fuel in marine'. Auramarine to host webinar on ammonia as marine fuel in April  

Finnish firm will explore ammonia’s role in maritime decarbonisation at its third spring webinar.
Front cover of study by WinGD and Envision Energy titled 'Renewable Fuel Economics: An OPEX illustration based on current costs'. Green ammonia could reach cost parity with VLSFO and LNG by 2050, study finds  

WinGD and Envision Energy study projects green ammonia operational costs competitive with conventional marine fuels.
Elenger Marine's LNG bunkering vessel Optimus alongside Brittany Ferries’ Saint-Malo. Bureau Veritas verifies methane emissions on Brittany Ferries’ LNG vessels  

Verification enables ferry operator to report measured methane slip instead of regulatory default values.
Map showing existing and planned Emission Control Areas (ECAs). Alliance calls for urgent black carbon action as new Arctic emission control areas take effect  

Canadian Arctic and Norwegian Sea ECAs now in force, with compliance deadline set for March 2027.
Artistic impression of battery-electric ferry for operation on Perth’s Swan River. Lloyd’s Register to class Western Australia’s first electric ferry fleet  

Echo Marine Group partners with Lloyd’s Register on five battery-electric ferries for Perth’s Swan River.
Thomas Kazakos, secretary general of The International Chamber of Shipping (ICS). ICS condemns Middle East shipping attacks as 20,000 seafarers remain trapped  

Industry body calls for urgent state action to resupply vessels and enable crew changes.
Molslinjen ferry illustration. Molslinjen order propels Australia to top of battery vessel production rankings  

Danish ferry operator’s three-catamaran order at Incat Tasmania shifts global manufacturing landscape, analysis shows.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG/LBM Biofuel Biogas Biomethanol Dual-fuel E-fuel Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind power



 Recommended