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China: CPCA Marine Fuel Industry Committee provides state-level industry update

Several developments were undertaken by CPCA-MFC to improve bonded bunkering business, states Deputy General Manager of domestic fuel oil trading at Chimbusco.

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Singapore bunker publication Manifold Times attended the China Petroleum Circulation Association Marine Fuel Industry Committee (CPCA-MFC) meeting recently held at Zhoushan, China in June:

The Marine Fuel Industry Committee of China Petroleum Circulation Association (CPCA), a state-owned organisation under the China Ministry of Commerce responsible for the development of oil policies and legislation in China, held a general meeting at Zhoushan during June.

Liu Liguo, Deputy Secretary General of CPCA, Secretary General of the Vessel Oil Specialty Committee at CPCA and Deputy General Manager of domestic fuel oil trading at China state-owned bunkering firm Chimbusco, briefed delegates on the marine fuel committee’s latest developments.

Among updates were mention of development stages regarding the ‘Regulations for the Management of Ship Oil Supply Industry’; ‘Code of Practice for Bonded Fuel Supply Business of International Navigation Ships’; ‘Classification Rating Method for Ship Oil Supply Enterprises’; and establishment of a domestic benchmark system for marine fuel prices.

Regulations for the Management of Ship Oil Supply Industry

In his briefing, Liu noted the Marine Fuel Industry Committee of CPCA embarking to prepare the ‘Regulations for the Management of Ship Oil Supply Industry’ since 2015 due to a request from the Marketing Operation Department of the Ministry of Commerce.

The request for creating the national regulation was an effort by the government to improve the existing state of affairs of the industry, while standardising the operation behaviour of ship oil supply enterprises, and ensuring the sustainable and healthy development of the market, he said.

Specifically, it states the requirements such as qualifications, licenses, personnel, and enterprise management to operate a bunkering company, while formulating a grading evaluation management method for such enterprises.

Additionally, it recommends the use of mass flowmeter (MFMs) to meet measurement and quality requirements for bunkering operations.

“The entire declaration and review process of the standard was completed in September 18, and is now waiting for the Ministry of Commerce to officially release it,” he noted.

Code of Practice for Bonded Fuel Supply Business of International Navigation Ships

Liu further informed delegates that the ‘Code of Practice for Bonded Fuel Supply Business of International Navigation Ships’, completed in June 2018 and supported by the Zhoushan Port Comprehensive Bonded Zone Management Committee, has been submitted to the China Business Federation for review and CPCA is currently awaiting feedback.

Classification Rating Method for Ship Oil Supply Enterprises

The ‘Classification Rating Method for Ship Oil Supply Enterprises’, a formula for grading participating enterprises, has been completed on 17 May. The tool, which grades bunkering firms into first-class, second-level and third-level enterprises, seeks to standardised operations and encourage quality service.

Domestic benchmark system for marine fuel prices

An earlier trial which started since 28 August 2015 with an unnamed company to establish the average weekly price of domestic fuel oil for ships has been discontinued.

To replace, a similar project with Shandong Grand Information Co., Ltd. has been started in April 2019 and the company is expected to start producing valuations from August 2019.

“We have to introduce the ‘internal trade marine fuel’ valuation as soon as possible to establish a market price discovery mechanism and provide fair price support for both sides of the ship fuel supply and demand,” said Liu.

“The formation of the average weekly price is conducive to everyone studying the historical trend of marine fuel prices, so that shipowners can rely on the purchase price to determine the purchase price, and at the same time reduce the domestic vicious price competition and squeeze out the space of inferior oil.”

Miscellaneous

During the brief, Liu also mentioned CPCA undertaking a study trip to Singapore during the end of October 2018 to fully understand the development of its marine fuel industry.

He was grateful to the International Bunker Industry Association (IBIA) and Singapore-based marine fuel measurement engineering solutions company Metcore International which hosted CPCA during their stay at Singapore.

The field trip helped member companies, “broaden their horizons, open their minds, and explore Southeast Asian markets and international markets”, he stated.

Related: China Petroleum Circulation Association studies MFM bunkering at Singapore

Photo credit: China Petroleum Circulation Association
Published: 10 July, 2019

 

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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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