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LNG Bunkering

Poseidon Med II holds LNG bunker talks at University of Nicosia

Showcased several developments to promote the consumption of LNG marine fuel at Mediterranean.

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Poseidon Med II, a roadmap to bring about the wide adoption of liquefied natural gas (LNG) as a marine fuel for shipping, showcased several developments at the University of Nicosia in Cyprus on 18 October 2018.

The European Union co-financed initiative involves three countries Greece, Italy and Cyprus, six European ports (Piraeus, Patras, Lemesos, Venice, Heraklion, Igoumenitsa) as well as the Revithoussa LNG terminal.

First session

The event was officially opened by Dr. Theodoros Tsakiris, Director of Energy Studies at the School of Business in University of Nicosia. Dr. Tsakiris, in his introductory speech as Moderator of the first session, stated marine transportation could in fact move to a much cleaner fuel such as LNG. 

Maria Fotiadou, Corporate Development Activities Division Head at DEPA S.A (Public Gas Corporation of Greece A.E.), welcomed the audience and outlined the PMII Project contribution for a cleaner environment while emphasising on the role of LNG as marine fuel for the transition to a new era with minimum environmental impact while at the same time facilitating the shipping industry’s compliance to the new emissions’ regulations.

Stefanos Chonianakis, Associate in Corporate Development Activities Division of DEPA S.A, delivered the first presentation on what represents a holistic LNG supply chain and how this will be brought to life in the area of Eastern Mediterranean through the project’s activities.

Joseph Florentin, PMII Project Manager & Business Development Department Manager of DESFA (Technical Coordinator of PMII), presented a small scale LNG infrastructure proposal at Revithoussa LNG Terminal and the conditions required for an efficient LNG bunkering scheme.

First session was concluded with the presentation of Antonis Boutatis, Managing Director at consulting engineering firm Rogan Associates S.A. who talked about the value of investing in LNG infrastructure and the work in progress in the participating ports of the project.

Second session

The second session was opened and moderated by Dr. Constantinos Hadjistassou, School of Engineering, UNIC who gave the audience an overview of the LNG market developments.

It was started by Ioannis Bakas, Technical Manager of LNG engineering firm HELENGI where specific emphasis was given to Clean and Green Shipping and innovative designs of vessels and barges. Bakas made conveyed two clear messages; that LNG bunker vessels designs are mature enough to materialise and that the retrofit of LNG designs of existing tonnage are already available and ready to be implemented.

The second session was concluded by Anastasia Kouvertari, Project Manager for the EU co-funded project CYnergy on behalf of Hellenic Lloyd’s S.A. where she presented the Regulations for LNG Bunkering in Greece and specifically what is the regulatory status quo, as provided by the Presidential Decree for LNG Bunkering in Greece. A reference was made in issues such as safety zones, fire-fighting, training & competence and port and vessel manuals dealing with LNG Bunkering.

The event came to an end with a Q&A session, which triggered a vivid discussion, especially on the commercial aspects of the LNG, its pricing and also issues relating to the training of personnel involved in the LNG bunkering supply chain and the active involvement of Ministries and competent Authorities especially at the implementation progress regarding the regulatory aspects of the Project.

Downloads of the presentations by Stefanos Chonianakis, Joseph Florentin, Antonis Boutatis, Dr. Constantinos Hadjistassou, Ioannis Bakas, and Anastasia Kouvertari are available here.

Photo credit: Poseidon Med II
Published: 30 October, 2018

 

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

B100 discount to LSMGO widens to $541/mt in Rotterdam; Singapore’s B100 drops to $106/mt below LSMGO; Rotterdam LBM at $639-833/mt discounts to LSMGO.

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ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

20 July 2026

  • B100 discount to LSMGO widens to $541/mt in Rotterdam
  • Singapore’s B100 drops to $106/mt below LSMGO
  • Rotterdam LBM at $639-833/mt discounts to LSMGO

B100’s premium over HSFO in Rotterdam has narrowed by $50/mt over the past week to $64/mt, while its discount to VLSFO has widened by $83/mt to $105/mt.

B100 has become far more competitive against LSMGO in Rotterdam, with its discount widening by $180/mt over the past week to $541/mt, as a surge in conventional fuel prices left B100 broadly unchanged by comparison.

B100’s price has risen by $109/mt in Singapore, but its discount to LSMGO has still widened by $102/mt to $106/mt, as LSMGO surged by an even greater $211/mt.

Rotterdam’s LNG premium over VLSFO has widened by $35/mt to $201/mt for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, LNG has flipped to a $15/mt premium over VLSFO, from a $22/mt discount the prior week.

Liquefied biomethane (LBM) discounts to VLSFO in Rotterdam have narrowed by $50-52/mt to $203-396/mt over the past week. Against LSMGO, LBM discounts have widened by $45-47/mt to $639-833/mt, depending on engine type.

In Singapore, LNG is now $42/mt cheaper than LSMGO for vessels with Otto MS engines, and $134/mt cheaper for vessels with diesel SS engines.

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Liquid fuels

HSFO and VLSFO prices in Rotterdam have jumped by $66/mt and $99/mt respectively over the past week, while LSMGO has surged by an even steeper $196/mt. A $9.69/bbl ($71/mt) rise in front-month ICE Brent futures, to $87.94/bbl ($645/mt), drove bunker prices sharply higher across the board.

Bunker fuel availability is tight for prompt delivery dates in the ARA ports, with buyers advised to enquire about stems between 5-7 days ahead to get good coverage, a trader said.

Rotterdam’s B100 price has risen by $16/mt over the past week. Dutch ZRE A ticket prices were unchanged at €107.50/mtCO2e.

Singapore’s HSFO and VLSFO prices have risen by $130/mt and $132/mt respectively, while its LSMGO price has gained an even steeper $211/mt over the past week.

VLSFO availability in Singapore has been tight, with several suppliers reporting low stock levels. Recommended lead times have widened from 13–17 days last week to 14–19 days now.

Liquid gases

Rotterdam’s LNG prices have surged by $134-136/mt over the past week, while its LBM prices have climbed by $149-151/mt.

LBM discounts to LNG in Rotterdam have narrowed by $15/mt to $404-411/mt.

Singapore’s LNG bunker benchmarks have surged by $196-197/mt over the past week.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 21 July, 2026

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