Connect with us

Business

TFG Marine expansion plans to include MFM on certain chartered barges in ARA region

TFG Marine unveils expansion strategy which includes welcoming Rasmus Bach Nielsen, Trafigura Global Head of Fuel Decarbonisation, to its Marine board.

Admin

Published

on

Rasmus Bach Nielson.142124

Global bunker fuel supply and procurement joint venture by Trafigura and shipping firms Frontline and Golden Ocean, TFG Marine, on Thursday (10 December) announced major milestones in its strategy to grow and improve transparency in new markets and provide customers with more sustainable marine fuels. 

As a central component, TFG Marine will extend its global footprint to commence bunkering operations in Amsterdam-Rotterdam-Antwerp waters by the end of 2020, including the introduction of mass flow meters (MFMs) on certain of its chartered barges in 2021. 

TFG currently supplies over 200,000 metric tonnes of marine fuels per month from vessels using MFMs as part of its Singapore operations, improving transparency and certainty for customers.  TFG said its voluntary introduction of MFMs to the ARA market will extend these benefits to Europe. 

TFG added it is also pleased to announce the appointment of Rasmus Bach Nielsen, Trafigura Global Head of Fuel Decarbonisation, to the TFG Marine board and the successful trials of a marine biofuel for the first time. 

Nielsen joins the TFG Marine board having previously led Trafigura’s Wet Freight business for six years, helping to transform it into one of the leading global players in the market and overseeing more than USD 3 billion of successful asset transactions. 

In his current role as Global Head of Fuel Decarbonisation, created in August 2020, Rasmus is responsible for leading the Group’s initiatives to reduce the carbon footprint of its own and industry-wide maritime fuel use.

Sea trials on Trafigura’s bareboat chartered vessel, Marlin Amethyst, and initial results from laboratory testing demonstrate the safe and effective use of both the B30 blend biofuel, composed of 30 percent waste oil feedstock and 70 percent Very Low Sulphur Fuel Oil (“VLSFO”) and B20 blend biofuel (20 percent biodiesel and 80 percent VLSFO). 

TFG notes that no handling issues were experienced during the combustion process and no engine or infrastructure modifications were required.

TFG added it intends to expand sea trials to test the use of sustainably sourced, lower-carbon alternatives on additional maritime vessels and is working on certain initiatives to minimise the carbon footprint of marine fuels.

“We’re delighted to commence operations in ARA waters, offering customers greater transparency through the introduction of mass flow meters, and a broader range of advanced marine fuels, including biofuels,” said Kenneth Dam, TFG Marine’s Global Head of Bunkering. 

“Rasmus’s appointment to the board is particularly welcome, given the wealth of experience he brings and our shared commitment to accelerating the transition to lower-carbon fuels.”


Photo credit: TFG Marine
Published: 11 December, 2020

Continue Reading

Winding up

High Court of Singapore issues winding up order against Hengli Petrochemical International

Application to wind up Hengli Petrochemical International Pte Ltd, the former Singapore trading arm of Hengli Petrochemical (Dalian) Refinery, was filed by Dalian Hengli New Energy Sales on 14 August.

Admin

Published

on

By

RESIZED singapore high court

The High Court of Singapore issued a winding up order to Hengli Petrochemical International Pte Ltd, the former Singapore trading arm of Hengli Petrochemical (Dalian) Refinery, on 4 September, according to a Friday (11 September) notice on the Government Gazette.

The application was filed by Dalian Hengli New Energy Sales Co Ltd, a creditor of the company, on 14 August.

The winding up order also included the following names and address of liquidators:

Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
c/o M/s Rodgers Reidy Advisory Pte. Ltd.
1 Commonwealth Lane
#06-21 One Commonwealth,
Singapore 149544

All creditors of the abovenamed company should file their proof of debt with the liquidator who will be administering all affairs of the company.

In May, it was reported that Hengli Petrochemical International dismissed some employees, with some workers being laid off while others were offered positions in other entities. 

In April, China’s Hengli Group reportedly reorganised the shareholding structure of its Singapore-based trading arm shortly after the United States imposed sanctions on its refinery unit.

Related: Hengli Petrochemical’s ex-Singapore trading arm faces winding up application
Related: Hengli’s former Singapore trading arm begins staff layoffs ahead of potential May shutdown
Related: Hengli shifts ownership of Singapore trading arm in wake of US sanctions
Related: US sanctions China’s second-largest teapot refinery for purchasing Iranian oil

 

Photo credit: Manifold Times
Published: 14 September, 2026

Continue Reading

Methanol

Goldwind green methanol facility completes trial production, ships first 500 mt

Goldwind has also secured long-term offtake agreements with A.P. Moller – Maersk and Hapag-Lloyd, connecting planned production with demand from shipping.

Admin

Published

on

By

Goldwind green methanol facility completes trial production, ships first 500 mt

MI — The Global Methanol Alliance on Friday (11 September) said the world’s largest green methanol production facility to date has completed its first trial run. 

The alliance’s member Goldwind Green Energy has successfully produced biomethanol at its new 250,000 metric tonne (mt)/year facility in Inner Mongolia, with the first 500 mt of trial product now headed to South Korea.

“The facility uses wind-powered green hydrogen and locally sourced corn straw to produce biomethanol meeting EU RED III sustainability requirements. Commercial operations are expected to begin later this month,” it said. 

Goldwind has also secured long-term offtake agreements with A.P. Moller – Maersk and Hapag-Lloyd, connecting planned production with demand from shipping.

In 2024, Hapag-Lloyd reached a long-term agreement with Chinese energy firm Goldwind for the delivery of 250,000 mt of green methanol per year to ensure long-term supply for its vessels.

In 2023, Maersk signed a deal with Goldwind, marking the first large scale green methanol offtake agreement for the global shipping industry.

The commercially viable long-term offtake agreement for annual volumes of 500KT will enable low carbon operations for the first 12 large methanol-enabled Maersk vessels on order. The first volumes are expected in 2026.

Related: Hapag-Lloyd, Goldwind enter offtake deal for green methanol bunker fuel supply
Related: Maersk and China-based Goldwind sign landmark green methanol bunker fuel offtake deal

 

Photo credit: MI — The Global Methanol Alliance
Published: 14 September, 2026

Continue Reading

Wind-assisted

LDA’s methanol-powered “Spirit of Toulouse” gets Norsepower rotor sail in Shanghai

Now in Shanghai, the installation of the vessel’s innovative wind-assisted propulsion system has begun with the fitting of the first of its six 35-metre-high rotors.

Admin

Published

on

By

LDA’s methanol-powered “Spirit of Toulouse” gets Norsepower rotor sail in Shanghai

French shipowner LD Armateurs on Thursday (10 September) said its new RoRo vessel has reached another major milestone in her construction journey with the start of the installation of a wind-assisted propulsion system. 

Following its launch earlier this year, Spirit of Toulouse has completed a journey along the Yangtze River to Shanghai. 

Now in Shanghai, the installation of the vessel’s innovative wind-assisted propulsion system has begun with the fitting of the first of its six 35-metre-high rotors. 

“This highly visible phase marked a significant step forward in bringing to life the world’s biggest low-emission RoRo vessels ever built,” the company said. 

Combining six Norsepower Rotor Sails ™ and two dual-fuel engines capable of running on e-/bio-methanol or marine diesel oil, the Spirit of Toulouse has been specifically designed to substantially reduce emissions while maintaining the highest standards of operational performance and reliability. 

The ship will operate on the Atlantic route, transporting aircraft elements for Airbus between European production sites and the final assembly line in the US. 

“As work progresses in Shanghai, the silhouette of the Spirit of Toulouse is beginning to take shape, bringing this unique vessel one step closer to entering service and setting new standards for sustainable maritime transport,” the company added. 

 

Photo credit: LD Armateurs
Published: 14 September, 2026

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending