‘The bunker fuel market is worth an estimated $120bn, so there is a huge opportunity not only in environmental and social terms, but also financially,’ says...
LNG bunkering operations would be based on Pelican Island and will target supply of ships calling on the ports of Galveston, Houston and Texas City.
The 7,500m³ LNG supply system delivered to Keppel O&M early this year was a deciding factor for obtaining another order from Gloryholder, it states.
Government agencies at all levels and port units in Zhoushan have worked together to resolve issues such as crew shifts during the pandemic and more.
Shipping depends on fossil fuels, and the majority of ships globally are powered by hydrocarbon based fuel oils, with some variation in grade and specification.
Upgrading ships in line with new environmental rules will be considered a dilemma for the industry due to commercial and technical risk factors.
US Gulf Coast and Caribbean supply operations will be supported by the oil/chemical tanker Mt Morholmen, a new addition to Vitol Bunker’s fleet.
DBS, TFG Marine, Ocean Network Express, Ascenz, and MPA completed Singapore’s first live bunker delivery financing pilot transaction via eBDN.
‘Confident’ to complete development of the upcoming integrated offshore STS Energy Transhipment Hub project at Victoria Bay in Labuan by end 2021.
‘We thank the entire MPA team from the bottom of our hearts for your help and support,’ said FueLNG General Manager Saunak Rai in a statement.
