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IBIA welcomes new Chairman, committee members

Robin Meech and Eugenia Benavides step down from board after serving for maximum time allowed under the association’s bye-laws.

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The below is a press release from the International Bunker Industry Association (IBIA):

The next chairman of the International Bunker Industry Association (IBIA) and the result of board elections were announced at IBIA’s AGM on Monday 19 February, a few hours before more than 1,000 marine fuel professionals gathered at the Grosvenor House Hotel on London’s Park Lane for the 25th IBIA Annual Dinner.

After two years serving as the Chairman of IBIA, Robin Meech of Marine and Energy Consulting will be passing on the baton to Michael Green, Global Technical Manager at Intertek Shipcare, who is currently the Vice Chairman.

Henrik Zederkof, a Senior Director at Bunker Holding A/S, will take over as Vice Chairman of IBIA. Martin Laue Brodersen from the Danish shipping company Torm, who joined the board on 1 April 2017, will take over from Eugenia Benavides, Marine Director of Terpel S.A. as Treasurer.

Ten candidates were up for election for four board positions. The four board members that were elected for a 3-year term are industry consultant, author and lecturer Nigel Draffin (re-elected), Patrick Holloway of law firm Webber Wentzel Attorneys (re-elected), Adrian Pask of BP Marine and Nicolas Vukelja of Terramare.

Robin Meech and Eugenia Benavides have both now served as board members for the maximum time allowed under the Association’s bye-laws and have to step down.

The changes to the board take effect on 1 April 2019.

Welcoming guests to IBIA’s 25th annual dinner on Monday evening, Chief Executive Justin Murphy emphasised that even in our age of electronic exchanges, people remain at the heart of the industry, which is why it is so important for IBIA to facilitate connections, whether it’s via technology or in person. He told members that the IBIA website will soon be re-launched and a new membership management system will be implemented – both of which will improve the interface with members. Moreover, there is potential for new regional membership branches.  All of this will contribute to the many ways in which members can engage with IBIA’s working groups to deliver value to the industry. Two concrete examples of this are the Supplier’s Guide to Best Practice, which will be presented to the 72nd session of the IMO’s Marine Environment Protecion Committee for its consideration in April, and the Ethics Working Group, which is gaining traction with the development of the IBIA Code of Ethics.

Speaking at the dinner, Robin Meech praised the professionalism of IBIA’s Chief Executive, Justin Murphy, and the enthusiastic and effective secretariat in London, Singapore and South Africa in helping to raise the Association’s profile. “It has been an honour to be chairman of IBIA for the past two years. They have been an interesting two years,” he said. “I have great pleasure in passing the baton of the chairmanship of IBIA to Michael Green who I know will accelerate the rate of growth of the influence and value for money for our current and new membership.”

“I can’t possibly begin to convey to you what an honour and a privilege it is to stand before you this evening as the incoming Chairman of IBIA,” Michael Green told the dinner guests.

Both Meech and Green said IBIA is now in its strongest position for quite some time, highlighting that the Association is proactive and forward thinking, and has made significant contributions at the International Maritime Organization. “The fact that we find ourselves with IBIA in such a position of strength at this current time is very reassuring given all of the concerns surrounding what is expected in the coming years,” Green said.

Source: International Bunker Industry Association
Published: 20 February 2018
 

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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