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Bunkering is the supplying of fuel for use by ships (such fuel is referred to as bunker), [1] including the logistics of loading and distributing the fuel among available shipboard tanks. [2] A person dealing in trade of bunker (fuel) is called a bunker trader. The term bunkering originated in the days of steamships, when coal was stored in ...
Also known as bunker fuel, or residual fuel oil, HFO is the result or remnant from the distillation and cracking process of petroleum. For this reason, HFO contains several different compounds that include aromatics , sulfur , and nitrogen , making emissions upon combustion more polluting compared to other fuel oils. [ 1 ]
The Australian Customs and the Australian Tax Office defines a bunker fuel as the fuel that powers the engine of a ship or aircraft. Bunker A is No. 4 fuel oil, bunker B is No. 5, and bunker C is No. 6. Since No. 6 is the most common, "bunker fuel" is often used as a synonym for No. 6.
The bunkering of ships with oil instead of coal, mass-production of automobiles and increasing aviation, all increased demand for oil and thus oil transport. In 1928 the World's largest oil tanker was the 16,436 gross register tons (GRT) C.O. Stillman, completed that year for Canadian owners by Bremer Vulkan in Germany. [34]
The term "bunker" or "fuel bunker" is typically only used for storage areas for solid fuels, especially coal; the term "fuel tank" is typically used for liquid fuels (such as gasoline or petrol), or gaseous fuels (such as natural gas).
The oil market is so weak that not even a rescue from OPEC+ seemed to help. Pressured over concerns about soft demand in China and record-shattering production in the United States, the producer ...
First, America is also the world’s largest oil consumer. As such, it relies on imports from the Middle East, Canada, Mexico and China. As such, it relies on imports from the Middle East, Canada ...
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