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2021 IBIA Online Global Meetings and Events

IBIA will deliver ‘Bunkering & Shipping in Transition’ Part 2 in order to focus on different markets and time zones; it will take place on 1-2 September virtually.

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IBIA provides unique digital events where policy-makers, change-makers and leaders discuss challenges, opportunities and possible solutions

This year’s conferences started with the ‘Bunkering & Shipping in Transition’ Part 1, which was held on 12-13 April. This dynamic online conference consisted of a series of sessions with presentations, panel discussions and live Q&As.

We heard first-hand accounts of the latest updates from IMO and what it means for our industry, and highlights of what exactly is changing in Annex VI to progress IMO’s initial GHG strategy. In a session on Coping with COVID. we looked at whether business models are changing in 2021 and if we are doing things differently. We heard thoughts on what we can we expect from the Shipping & Freight Markets in 2021. In a session called Understanding VLSFO, our expert panel discussed the impact on fuel quality and operational issues, and whether the ISO:8217 specification is still sufficient. We discussed cleaner-burning fuels and the decarbonisation drive. Digitalisation in the bunker industry was also on the agenda, and we covered credit and risk management, as understanding and dealing with it has never been more critical.

This is an opportunity to thank those who attended and contributed at the ‘Bunkering & Shipping in Transition’ Part 1. The support of our dedicated speakers, supporting organisations, the UK Chamber of Shipping and the Turkish Chamber of Shipping, our Bronze sponsor Intertek Lintec, our exhibitors Bunker Metric, Simms Showers and Nereus, our media sponsors World Bunkering, Ship & Bunker, Manifold Times, Petrospot and Bunkerspot have been instrumental in this success.

Secondconference artwork Bronze Exhibitors 002

For those who could not make it, we are pleased to inform you that there will be a continuation of this Conference. IBIA will deliver ‘Bunkering & Shipping in Transition’ Part 2 in order to focus on different markets and time zones such as the Americas and Europe. It will take place on 1-2 September virtually, with panels, one-to-one discussions and networking opportunities. The Conference will host more than 50 speakers and 200 participants, from bunkering production, sales and usage entities, associated services and government agencies, ship owners and operators, bunker suppliers, traders, brokers, barging companies, storage companies, refineries, surveyors, port authorities, credit reporting companies, lawyers, P&I clubs, equipment manufacturers, shipping journalists and marine consultants.

IBIA’s agenda will focus on topics such as: IMO Regulatory Changes, Shipping & Freight Markets including Cruising, VLSFO updates, Alternative fuels for Shipping, Bunkering and Digitalisation, and Credit Risk. Also, our members have requested that we host a bunker buyers panel.

Throughout the year we continue organising our monthly ‘IBIA Member meetings’, where we meet and engage with our members, giving them the opportunity to interact with each other, and listen to their views, helping IBIA to represent our industry better.  If you are reading this article and you want to be part of these meetings, of this community, you can become a member now. Get in touch with us at [email protected].

IBIA also acts as supporting organisation to major events such as the 12th International Fujairah Bunkering & Fuel Oil Forum (FUJCON), Singapore Maritime week, London International Shipping week and many others such as the Bunker Forum in Saint Petersburg in Russia in June. You can find more information about upcoming events in our events calendar and the Diary Apart from our own events, IBIA’s Director, Unni Einemo, participated as a panellist and moderator at FUJCON in March, and she took part in two panels at the S&P Global Platts European Fuels conference in May, discussing current and future market challenges in the ‘Leaders discuss’ panel and pathways to reducing GHG emissions in the ‘Future fuels roundup’ panel. If you wish IBIA to support your conference/webinar you can get in touch with me directly.

To continue with our events agenda, IBIA will deliver our Annual Convention on 16 to 18 November virtually. This is an official invitation to all of you who wish to participate as speakers and/or sponsors and/or attendees in a global environment formulating the future of our industry.

IBIA also runs a series of online training courses to inform the members of our industry and help them to understand international regulations, and offer guidance on how best practice and application of international standards can improve their ability to source, supply and use the fuels required now and in the medium term. We are in the pleasant position to announce the preparation of a training course everyone has been waiting for: Alternative Fuels. Keep an eye on our website for the launch date. For more information and to book your course modules, you can visit https://ibia.net/events/ or contact us at  [email protected]

The training modules are aimed at all bunker industry stakeholders who are keen on gaining solid general knowledge of marine fuel. It will be of value to sellers, bunker deliverers, surveyors and ship operators. Delegates will be able to ask questions and seek clarification on any topics covered.

The duration of each module is up to 60 minutes. The modules can be taken as stand-alone courses, however attendees will gain the best value by taking all modules in the order suggested. On completion of a module, delegates will receive the ‘IBIA Certificate of Attendance’.

IBIA is dedicated to offering equal opportunities to all our members, creating the perfect environment for content, business and networking opportunities by bringing the bunkering community together.

If you would participate in our Conference as a speaker and/or sponsor you can contact me directly at [email protected]

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Photo credit: IBIA
Published: 30 June, 2021

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Methanol

China: Chimbusco completes bunkering op with domestically produced green methanol

Chimbusco delivered 1,000 mt of domestically produced green methanol bunker fuel to “COSCO Shipping Yangpu”, China’s first 16,000 TEU methanol dual-fuel container ship, from 11 to 12 July.

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China: Chimbusco completes bunkering op with domestically produced green methanol

China Marine Bunker (PetroChina) Co Ltd (Chimbusco) on Monday (14 July) said it successfully completed a green methanol bunkering operation for COSCO Shipping’s first methanol-dual-fuel container vessel at Shengdong Terminal in Yangshan Port. 

Chimbusco delivered 1,000 metric tonnes (mt) of domestically produced green methanol fuel to COSCO Shipping Yangpu from 11 to 12 July. 

COSCO Shipping Yangpu is the first methanol-dual-fuel container vessel invested and built by COSCO Shipping Group. The company previously deemed the vessel China’s first 16,000 TEU methanol dual-fuel container ship. 

 With an overall length of 366 meters and a beam of 51 metres, it has a maximum container capacity of 16,136 TEUs. 

The vessel employs an advanced dual-fuel propulsion system that enables flexible switching between methanol and traditional fuels. When using green methanol as fuel, it significantly reduces carbon emissions and pollutant discharges during operations, injecting strong impetus into the green transformation of China’s shipping industry.

“This green methanol bunkering operation, jointly completed by COSCO Shipping Lines, CHIMBUSCO, and SIPG Energy Shanghai, represents another proactive exploration by CHIMBUSCO in the field of green methanol bunkering at Shanghai Port,” Chimbusco said.

“It also marks another significant step by COSCO Shipping Group in advancing the green and low-carbon transformation of the shipping industry and integrating the entire methanol supply chain.”

“As a leading domestic marine fuel supplier, CHIMBUSCO actively responded to shipowners’ demand for green methanol bunkering and worked closely with COSCO Shipping Lines, SIPG Energy Shanghai and other entities to develop a detailed supply plan and emergency response plan in advance, in accordance with relevant bunkering standards for marine methanol fuel.”

Manifold Times previously reported Chimbusco completing a methanol bunkering operation of the same vessel in Shanghai on 11 May. 

COSCO SHIPPING YANGPU was supplied approximately 900 mt of methanol marine fuel by Chimbusco at Pier 1 of COSCO Shipping Heavy Industry. 

Related: Chimbusco completes bunkering op of China’s first 16,000K TEU methanol DF boxship
Related: COSCO Shipping names China’s first 16,000 TEU methanol dual-fuel container ship

 

Photo credit: Chimbusco Dalian
Published: 17 July 2025

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Methanol

Shanghai Electric starts producing first batch green methanol bunker fuel with new plant

New batch of green methanol will soon arrive at Shanghai Port and be delivered to CMA CGM to enter the international market as a marine fuel.

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Shanghai Electric starts producing first batch green methanol bunker fuel with new plant

Shanghai Electric on Thursday (17 July) announced its Jilin Taonan Green Methanol Project, China’s first facility to fully integrate wind-to-hydrogen with biomass gasification, is now producing its first batch of ISCC-EU certified green methanol.

This batch of green methanol will soon arrive at Shanghai Port and be delivered to CMA CGM to enter the international market as a marine fuel.

The company said the milestone event marked a major national breakthrough in the field of green hydrogen-based fuels. 

Shanghai Electric will use this project as a catalyst to build a world-leading, full-industry-chain platform for green fuels, to accelerate the development of an integrated industrial ecosystem encompassing green energy, green hydrogen, green methanol and green applications.

The company will continuously improve new energy power generation, water electrolysis for hydrogen production, biomass gasification, carbon capture, green ammonia, and to promote the large-scale application of green fuels in shipping, aviation, chemical industry and other fields.

At a ceremony, Cai Dong, member of the Standing Committee of the Jilin Provincial Party Committee and Executive Vice Governor, launched the start of production of the fuel. 

As the first large-scale commercial green methanol project in China, the Taonan project has an annual production capacity of 50,000 metric tonnes in the first phase.

“It is the first green methanol project in China to pass the EU ISCC full-process certification and to market to the international market,” the company said. 

 

Photo credit: Shanghai Electric
Published: 17 July 2025

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Business

Singapore-based Seatrium secures USD 400 mil sustainability-linked revolving credit facility

Credit facility will significantly contribute to Seatrium’s long-term goals of achieving its ESG targets, further bolstering its commitment to sustainable development in the offshore, marine and energy sector.

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Singapore-headquartered marine engineering firm Seatrium on Tuesday (15 July) said its wholly-owned subsidiary Seatrium Financial Services Pte. Ltd. (SFS) has successfully secured a USD 400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).

This credit facility, anchored in sustainability-linked principles, aligns with Seatrium’s Sustainable Finance Framework and includes revolving credit features which will strongly enhance the Group’s liquidity and financial flexibility. It will significantly contribute to Seatrium’s long-term goals of achieving its Environmental, Social, and Governance (ESG) targets, further bolstering its commitment to sustainable development in the offshore, marine and energy sector.

Dr Stephen Lu, Seatrium’s Chief Financial Officer, said, “Our continued partnership with UOB marks an important milestone in advancing our financial agility and deepening our commitment to environmental stewardship. By linking our financing framework to clearly defined sustainability targets, we are not only reinforcing accountability but also embedding climate-conscious principles into our capital strategy. This alignment will actively support our decarbonisation goals and longterm value creation.”

Ms Cindy Kong, Managing Director of Group Corporate Banking at UOB, said: “As the global energy transformation accelerates, sustainability-linked financing is playing a crucial role in driving the shift toward decarbonisation. We are proud to partner Seatrium in championing forward-looking initiatives within the global renewable energy segment. Together, we aim to foster innovation while paving the way for responsible and sustainable business growth globally.”

Since 2023, Seatrium has successfully secured over SGD 3 billion in sustainability-linked loans and green financing, further establishing itself as a global provider of sustainable engineering solutions for the offshore, marine, and energy sectors. 

“The Group is steadfast in its commitment to fulfilling its Sustainability Vision 2030, which is centred on empowering clients to minimise their carbon footprints through energy-efficient and environmentally sustainable vessels and offshore platforms.”

 

Photo credit: Scott Graham
Published: 17 July 2025

 

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