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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 MT Solar 1, carrying more than two million liters of bunker fuel, sank during a violent storm approximately 20.5 kilometres (12.7 mi) off the southern coast of Guimaras around midnight on August 11, 2006, [4] causing an unknown amount of oil to pour into the gulf, that traveled up through the Guimaras Strait and Iloilo Strait.
Heavy fuel oil. Heavy fuel oil (HFO) is a category of fuel oils of a tar -like consistency. 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 is contaminated with several different compounds including aromatics, sulfur, and nitrogen, making ...
In her statement on the fuel delivery to the Philippines, Imee Marcos accused the Philippine military of "inexplicable silence" and noted that Subic Bay — which was a U.S. Navy base until the ...
They said blending such oil into bunker fuels was on the rise as tightening regulations due to come in next year have pushed up benchmark bunker fuel prices to their highest seasonal level in ...
Bauang Diesel Power Plant. / 16.49042; 120.32712. The Bauang Diesel Power Plant ( BDPP) is a diesel-powered electricity generator in Bauang, La Union, Philippines. It is the largest bunker-fired power plant in terms of generating capacity. The plant has helped address the supply needs of the Luzon grid since the start of its commercial ...
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 ...
Fuel price risk management, a specialization of both financial risk management and oil price analysis and similar to conventional risk management practice, is a continual cyclic process that includes risk assessment, risk decision making and the implementation of risk controls. It focuses primarily on when and how an organization can best hedge ...