Firm has signed two shipbuilding contracts with China Shipbuilding Trading and Shanghai Waigaoqiao Shipbuilding for the construction of two 114,000 DWT LNG-ready LR2 tanker vessels.
Two of the vessels will be ordered to Nihon Shipyard and built by Imabari Shipbuilding and three will be built by China-based CSSC Qingdao Beihai Shipbuilding.
VARO will supply novel blends based on various bio-components and Höegh deploys them proactively before decarbonisation policies such as ETS come into force.
Firm says it was involved in buying, planning and coordinating the delivery of the 100% biofuel with its partners.
Recently, the authorities investigated and dealt with such a case involving a foreign ship and have imposed penalties on it in accordance with the law.
Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO, sourced from its Fujairah-based refinery FRL, on 8 and 14 December respectively.
Firm delivered an HVO30 blend of fuel consisting of 10PPM gasoil mixed with HVO100 to Stad Amsterdam, a three-masted clipper recognised for its design.
‘With clear policy moving forward, we expect there will both be a larger number of methanol-fuelled newbuilds and retrofits coming and more projects for methanol production...
Ship is the first dual-fuel medium-sized container ship in China equipped with B-type fuel tanks; vessel is the third of 15 of the same ship type,...
Studio’s activities will kick off with a joint innovation project covering areas including such as joint development of a bunker fuel strategy operational support module.