PCFC reported a 105% growth in the number of licences issued to companies specialising in bunkering operations in Dubai Waters during the first quarter of 2024.
Introduced in 2015, the system has the longest operational experience in the market with over 450,000 running hours at sea, says firm.
Vessel, developed by Technolog, is future-proofed in its design and can be efficiently converted from LNG to ammonia propulsion during its lifetime.
Availability is normal in the ARA; subdued bunker demand off Malta; VLSFO runs dry in Nacala and Maputo.
“MT Diligence” was refuelled with 34 cubic metres of LNG bunker fuel, supplied by Pavilion Energy, marking the first LNG bunkering of TFG Marine’s bunker vessel.
New office marked the company’s latest expansion within Far East and Southeast Asia markets, following the opening of the company’s Hong Kong office last year.
Containership “OOCL Finland” was refuelled with low sulphur fuel oil and 380-cst high-sulphur fuel oil in Qingdao, Yangshan and Ningbo during its maiden voyage.
Despite GHG emissions savings that low-carbon methanol provides, it cannot currently compete on price with grey methanol or conventional marine fuels.
Bunker Holding has concluded its first blockchain-powered carbon insetting operation in a new partnership with 123Carbon and Bureau Veritas.
Singapore’s LNG bunker price soars; bio-premiums over LNG narrow substantially; VLSFO benchmarks remain stable.
