Total bunker sales at Panama was 388,640 metric tonnes (mt) in August, compared to sales of 372,055 mt during the similar period in 2020.
Concept development and feasibility study aims for a moored barge to generate, store and provide hydrogen to vessels bunkering at the same port.
The LNG-fuelled large coal carrier to be operated by Mitsui O.S.K. Lines, Ltd. is currently being built by Namura Shipbuilding Co., Ltd.
As a marine fuel, methanol's major advantage is that it can drastically and in some instances immediately reduce all shipping emissions, it states.
Arrest order has been issued for the vessel and two of its crew were brought to the Selangor State maritime headquarters for further investigation.
Companies will collaborate and identify opportunities to help transition from current marine fuels to alternatives such as LNG, biofuels, and methanol.
Typhoon Chanthu has suspended bunkering in Zhoushan and Shanghai, and lead times have dropped for all three fuel grades in Fujairah this week.
Whether viewed as regulatory compulsion, stakeholder activism or corporate mission, ESG compliance is the new frontier of the maritime and commodities sectors, it says.
Country has an abundance of renewable energy potential along with direct access to busy shipping routes, according to Ricardo Research study.
Upgrading port infrastructure, over providing incentives to smaller shipowners to build environmentally-friendly ships, should be prioritised, says ABL group.
