Marine Fuel
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ABS, ENEOS, NYK Line, and SEACOR Holdings Launch Joint Study to Develop a Methanol Marine Fuel Supply Network in the U.S.
Globenewswire· 2025-12-12 13:30
Core Insights - A joint study has been initiated by American Bureau of Shipping (ABS), ENEOS Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and SEACOR Holdings Inc. to develop a methanol bunkering and supply chain network along the U.S. Gulf Coast [1][2] - The objective is to establish the first commercial-scale ship-to-ship methanol bunkering operations in the U.S., aligning with the International Maritime Organization's target of net-zero greenhouse gas emissions by 2050 [2][4] Company Contributions - ENEOS will focus on the procurement and supply of low-carbon methanol, including green methanol produced by C2X through the Beaver Lake Renewable Energy project in Louisiana [3][8] - NYK Line will utilize its experience in LNG bunkering infrastructure to provide technical expertise for methanol bunkering vessels [3][8] - SEACOR will leverage its expertise as a Jones Act qualified owner and operator, contributing to the design, engineering, and construction of the bunkering operations [4][8] - ABS will offer class and regulatory support necessary for establishing methanol bunkering operations in the U.S. [4][8] Industry Context - Low-carbon methanol is gaining traction as a next-generation marine fuel due to its ease of handling and potential to reduce greenhouse gas emissions [2] - The initiative aims to contribute to a carbon-neutral future for the maritime industry, addressing the increasing demand for practical solutions to meet environmental targets [4]
Uni-Fuels Secures Letter of Award for Strategic Three-Year Fuel Procurement Supply
Globenewswire· 2025-12-10 14:00
SINGAPORE, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions based in Singapore, today announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (“Uni-Fuels Singapore”), has received a Letter of Award (“LOA”) for a three-year supply of marine fuels from a leading provider of engineering, procurement, construction, and installation (“EPCI”) contractor of offshore oil and gas projects in the Asia Pacific r ...
Uni-Fuels Continues to Strengthen Global Operations with A New Office in Limassol, Cyprus
Globenewswire· 2025-11-11 13:00
Core Insights - Uni-Fuels Holdings Limited has opened a new office in Limassol, Cyprus, marking its first office in Europe and emphasizing its commitment to expanding its international presence [1][2] - The Limassol office is part of a broader strategy to enhance operational agility and provide localized expertise, facilitating reliable fuel delivery across high-demand corridors [2][3] Company Expansion - The establishment of the Limassol office is a significant milestone in Uni-Fuels' global expansion, complementing its existing offices in Dubai and Shanghai [2] - The Mediterranean region is viewed as a strategic location for Uni-Fuels, offering opportunities for supplier diversification and supply resilience [3][5] Operational Strategy - The company aims to be closer to customers and major trading hubs, which is crucial for optimizing operational performance and addressing local market nuances [3][4] - Uni-Fuels' team of marine fuel experts provides on-site assistance and real-time market intelligence, enhancing the company's ability to adapt to changing business landscapes [3][4] Market Positioning - The Limassol office allows Uni-Fuels to respond promptly to fuel price variations and regulatory updates, improving its pricing strategy and procurement options for customers [4] - Cyprus serves as a gateway for traditional fuel markets and green shipping corridors, aligning with Uni-Fuels' focus on renewable solutions and low-emission fuel sourcing [5] Company Overview - Established in 2021, Uni-Fuels is a rapidly growing provider of marine fuel solutions with a presence in major shipping hubs, including Singapore, Seoul, Dubai, and Shanghai [6] - The company emphasizes customer-centric, compliant, and reliable fuel solutions, supported by a diverse team and a robust global supply network [6]
Uni-Fuels Announces 2025 Interim Financial Results
Globenewswire· 2025-10-28 12:00
Core Insights - The company reported strong operational performance, driving significant revenue and gross profit growth in its marine fuels business for the first half of 2025 [1][4][8] Key Operational Highlights - The marine fuels business experienced robust momentum, with total marine fuel deliveries increasing by 90% to approximately 217,000 metric tons compared to 114,000 metric tons in the prior year [4] - The company supplied marine fuels to 359 vessels, an 80% increase from 200 vessels in the same period last year [4] - Operations expanded to 103 ports, representing a 98% increase from 52 ports a year ago, indicating broader global coverage [4] - The customer base strengthened, serving 179 customers, an increase of 106% from 87 customers in the prior-year period [4] Key Financial Highlights - Total revenues rose to approximately US$114.6 million, up approximately US$40.4 million or 54% from US$74.2 million in the same period last year [4] - Cost of revenues increased to approximately US$112.6 million, up approximately US$39.8 million or 55% from US$72.7 million [12] - Gross profit improved to approximately US$2.1 million, up approximately US$0.6 million or 42% from US$1.5 million [12] - Net income after tax for the period was approximately US$90,000, a decrease of approximately US$11,000 or 11% from US$102,000 due to higher tax expenses [12] Key Strategic Developments - The company received ISCC EU and ISCC PLUS certifications for its biofuels, ensuring compliance with the EU's Renewable Energy Directive [5] - Establishment of Uni-Fuels Middle East FZCO in Dubai and a new office in Shanghai as part of its global expansion strategy [5] - Successful completion of the company's first-ever commercial paper issuance, raising US$3 million, with strong demand from accredited investors [5] Management Commentary - The company emphasized its commitment to growth and shareholder value, highlighting effective execution of strategic priorities and expansion plans [6][7] - The management expressed confidence in the compelling growth opportunities across its business model and the importance of building a reliable global supply network [7][8]
X @Bloomberg
Bloomberg· 2025-10-20 21:30
Marine-fuel demand is entering a permanent decline, with or without Trump, @davidfickling says (via @opinion) https://t.co/kJeyllOjOm ...
Northstar Clean Technologies ($ROOOF) | Ford ($F) | Sunrun ($RUN) | Voyager Technologies ($VOYG)
Youtube· 2025-09-24 13:14
Group 1 - Northstar Clean Technologies has developed a process to separate and recover limestone from asphalt shingles, enhancing its sustainability efforts [1] - Sunun has launched the first residential vehicle-to-grid power plant in the nation, utilizing Ford F-150 Lightning trucks to supply electricity during peak demand [2] - The pilot program expands on last year's vehicle-to-home initiative, enabling bi-directional energy dispatch and demonstrating the potential of EV batteries to stabilize the grid and reduce energy costs [3] Group 2 - Methanex is expanding its methanol bunkering services in Amsterdam and South Korea through partnerships with Tank Match, Alpha Maritime, and Huong Shipping, focusing on low-carbon marine fuel [3][4] - These expansions strengthen Methanex's global logistics network and position the company to meet the rising demand for low-carbon marine fuel amid tightening environmental regulations [4] - Star Lab Space has selected Voyager Technologies to construct the primary structure for its next-generation commercial space station, aimed at providing continuous access to low Earth orbit [4][5]
Uni-Fuels Holdings: Expanding The Distribution Network, Now It's Time To Prove Profitability
Seeking Alpha· 2025-09-10 09:06
Core Viewpoint - The article suggests a "Hold" rating for the NASDAQ-listed shares of Uni-Fuels Holdings Limited (NASDAQ: UFG), indicating a cautious approach towards the company's stock performance in the near term [1]. Company Overview - Uni-Fuels Holdings Limited is focused on accelerating growth in the global marine sector, which may present potential opportunities for investors [1]. Analyst Background - The analyst, Alberto, possesses a Master's degree in Business Economics and has a comprehensive managerial and economic background, which supports his analysis across various sectors and stock types [1].
Uni-Fuels Completes First Oversubscribed USD 3 Million Commercial Paper Issuance on ADDX
Globenewswire· 2025-07-21 12:00
Core Insights - Uni-Fuels Holdings Limited has successfully completed its first commercial paper issuance, raising USD 3 million through ADDX, indicating strong demand from accredited investors [1][2][3] Company Overview - Uni-Fuels is a global provider of marine fuel solutions, headquartered in Singapore, with operations across major shipping hubs worldwide [4] - Established in 2021, the company focuses on delivering customer-centric and compliant fuel solutions while supporting decarbonization goals amid an industry-wide energy transformation [4] Financial Strategy - The commercial paper is structured as USD-denominated, short-term unsecured debt, allowing Uni-Fuels to diversify funding sources and enhance capital efficiency [2] - Proceeds from the issuance will be utilized for general working capital and to support the expansion of Uni-Fuels Singapore's operations [2] Investor Confidence - The oversubscribed issuance reflects strong investor confidence in Uni-Fuels' business strategy and growth outlook, as stated by the CEO [3] - The positive response from investors underscores the company's credibility and strategic direction, facilitating access to alternative capital markets [3]