Refinery Automation Institute Vice President and CFO highlights the majority of blenders and shipowners calculate bunker blend component properties linearly.

Both newbuildings will be amongst the most environmentally friendly VLCCs around, as they emit 20% less CO2 GHGs, 85% less NOx and 99% less SOx than conventional vessels.

In addition to eight new orders, the company is completing 25 existing LNG system orders while setting up new procedures and protocol amidst COVID-19.

ECSA urges the EU to assess the impact of the COVID-19 outbreak on the shipping industry before implementing the climate law proposal that it published on 4 March.

As scrubber-installed fleets continue to grow, reports of HSFO non-availability have started to appear; shipowners are advised to plan bunkering ops in advance to avoid procurement issues.

Bunker Alerts are not an evaluation of overall bunker quality in the port, but highlights a specific parameter within the fuel with a quality issue.

Corsica Linea, Gothia Tanker Alliance, MISC Berhad, Sinanju Tankers Holdings Pte Ltd, and Wessels Marine GmbH joins over a hundred other SGMF members.

1.5 billion dollar port is equipped with eight tanks, totalling a holding capacity of 51,000 cubic metres of bunkering services; Liberian oil tanker Melody the first to berth at port for bunkering.

Bunker fuel prices have been unstable since the implementation of IMO 2020 and with it, the premium for scrubber-fitted bulk carriers, says shipbroking firm.

Savage’s customers include large midstream and global integrated oil companies, many of which are current Kirby customers for inland tank barge services.

Singapore port will remain open for cargo operations and will continue to provide essential marine services including bunkering, ship stores and ship supplies, says MPA.

With a near 70% collapse in crude prices, VLSFO prices in Singapore and Fujairah have also fallen by 66%; however, demand impact on bunker market is expected to be limited.

‘While other shipping markets instantly suffer from the fallout of the coronavirus crisis, the crude oil tanker market has yet to feel the same pain,’ says Chief Shipping Analyst.

As the value of Euronav’s 0.5% oil stocks fall below cost, the company has been buying 0.5% fuel in the open market to supply its fleet while writing down the value of its stock.

Low Sulphur Surcharge no longer relevant with effect from 1 May, 2020 due to current price of VLSFO, states CMA CGM; however charges may still revert at a later date.

DNV GL Maritime CEO highlights the urgency of adopting alternative bunker fuels such as gas immediately, rather than waiting for the ‘perfect’ fuel option to reduce GHG emissions.

Dual fuel engines able to seamlessly switch between different types of bunker fuels and can adapt to whatever fuels the industry in the future, says firm.

Megah Port Management, subsidiary of oil trading, marine fuel bunkering and investment player SIL, took over operation and management of LLT on Wednesday.

713 mt of LSFO produced by Sinopec Guangzhou cleared the export division of Huangpu Customs, and was supplied to international vessels docked at Port of Guangzhou.

The first of two vessels, with an option of two more, will be equipped with two Type C LNG bunker fuel tanks and are designed to meet Finnish-Swedish ice class 1A Super standards.

Design of the 49,000 dwt chemical tanker will include Type C LNG tanks that enables the vessel to run for 40 days with LNG bunker fuel, realising a longer cruising range.

IBIA welcomes Henrik Zederkof as the new Chairman of the Board, along with a new Vice-Chairman, Treasurer and four newly elected IBIA board members.

Gronborg, who most recently served as global head of marine fuel supplies at World Fuel Services, is tasked with overseeing TFG Marine’s expansion efforts.

‘Shipping is the engine of global trade and the bunker industry fuels that engine. We must keep the engine running,’ reminds IBIA Director.

BIMCO opens the port information section on its website with the aim of assisting the industry, due to the spread of COVID-19.

Quotas for refineries within the Zhejiang free trade zone; increase in rebates for VLSFO exports and approval for bonded oil blending also considered.

MPA adopts IMO and ILO set medical examination and certification for seafarers as national requirements in order to work onboard Singapore-registered ships.

Tanker duo will utilise the ‘e5 tanker’ concept to run on batteries to reduce environmental impact; vessels designated to service Tokyo Bay from 2022 and 2023.

‘We will accelerate low-sulphur bunker fuel projects and the revamping of storage and transportation facilities to rapidly expand market share,’ it says in FY 2019 report.

Vacuum Residue Desulphurisation unit of the refinery underwent final commissioning on 14 March and ‘started commercial production in earnest,’ states the firm.

A series of temporary measures have been established to maintain order ensuring seafarers and industry personnel are protected without disrupting the supply chain.

MPA outlines conditions with which it would allow crew to disembark or board a vessel; applications and supporting documents will need to be submitted for consideration.

‘Transpetrol has made the decision to close its service station and together with this limit its aviation and bunkering operations for the next 15 days,’ states company update.

Gazpromneft Ocean CCL40 is available at 16 ports in South Korea, and the first few supplies have already been carried out at the ports of Busan, Masan and Incheon.

1,080 mt of marine gasoil delivered to the aircraft carrier by World Fuel Services truck fleet; operation was structured under NSPA marine fuel supply contract.

Company asserts that mitigating risks for members, embracing technological innovations, and maintaining transparency are key to its bunker alliance’s relevance.

Armed Forces deployed rescue vessel Melita 1 and a helicopter amidst strong waves and high winds; crew found in the water as rescue raft was ruptured.

Company will continue to adopt the same operating strategies while ‘holding the trophies of success’ of its Singapore and Malaysia bunkering businesses.

‘Excessive liner wear while using the new VLSFO fuels’ analysed 12 cases of abnormal engine cylinder liner wear out of over 20,000 tested VLSFO bunker samples.

As the economy braces itself for decline, government stimulus packages will do little for shipping; safeguarding the free flow of cargo is key to protecting the maritime industry.

Besides exercising regulatory control, it is suggested that flag states view the decarbonisation journey as a business opportunity while development funds are being established.

Jiangnan Shipbuilding positioned the CMA CGM vessel’s 2,200 mt engine and other components in record time with five large cranes and an approximate hundred smaller units.

Trials successfully executed despite the COVID-19 pandemic through careful planning and remote electronic communications; estimated delivery by end of April.

While Fonars and off-spec fuel alerts were commonplace in January especially in Saudi Arabian ports, the numbers have fallen drastically as the supply of compliant fuel stabilises.

At present, no crew and passengers are allowed to disembark in Singapore, crew change is not permitted, and all suspected COVID-19 cases will be tested.

Total bunker sales at Panama Canal was 436,066 mt in February, compared to sales of 367,875 mt in 2019; VLSFO 0.5% sales dominated at 340,338 mt.

Secretary General urges IMO Member States to ‘ensure availability of shipping services to the commerce of the world, for the benefit of humanity’ when making policy decisions.

‘Pragmatic, science-based and harmonised guidance’ needed for global maritime ‘that ensures the safe delivery of the goods’ that we rely on, says Secretary General.

Taiwan first started implementing the sulphur cap in 2018 and even offered a subsidy to those who wish to switch to compliant fuel; SOx emissions have since reduced by 40%.

Transition to the IMO 2020 sulphur cap described as ‘smooth’; a negative effect on its shipping volume and cash flow is expected in May following the COVID-19 outbreak.

Organised by IWSA as part of the Green Ship Technology conference, Secretary General forecasts wind propulsion to grow into a £2 billion per year market in the 2050s.

MSC Joanna scrubber installation was delayed following the COVID-19 pandemic which forced Chinese shipyards to close for an extended period of time, it explains.

Kannegaard’s job scope includes overseeing operations at Monjasa’s Cyprus office, Portland Port (UK) and Skaw (Denmark) oil terminals, and a fleet of four tankers.

Having joined the company since 2002, Dollerup has been involved in trading, management and strategic business development, bringing with him a diverse range of knowledge.

Titan LNG to monitor COVID-19 situation based on approved guidelines and situation reports in order to optimise normal working rhythms and a healthy economy.

Lobbies for seafarers to be afforded special consideration as ‘international key workers’ in order to keep supply chains ongoing despite COVID-19 pandemic.

Korea Line LNG will focus on providing LNG transport and bunkering services; the new company will be operational from 1 May 2020 onwards.

Decreasing VLSFO viscosity affects pour points, resulting in wax sludge and other handling difficulties, despite the decline in off-spec VLSFO cases, finds analysis.

‘Increasing protectionist measures may become widespread as nations seek to fix exposed vulnerability which the health crisis has made clear,’ says Chief Shipping Analyst.

To ensure that global trade continues, ICS will hold a conference with national associations from around the world to identify ‘swift and effective solutions’.

While the London Headquarters has reopened, the majority of the staff are working remotely; all external visits have been postponed and social visits discouraged.

Built by Singapore’s Sembcorp Marine, the LNG-fuelled vessel’s two cranes can lift 10,000 tonnes each- making it suitable for the largest offshore construction jobs.

NOL awarded with no restrictions following successful completion of two rigorous tests carried out on two different vessels fitted with W6X72 engines.

Exeno Yamamizu Corporation and Fearnleys the first shipbrokers to join the industry coalition.

Immediate accommodation for thousands of Malaysians, who make daily border crossings to Singapore to work in petrochemical companies needs to be coordinated.

Company’s services can meet the demands of maritime companies, tourism ships, domestic freight and passenger transportation, says its Maritime Sales Director.

New Jebel Ali bunkering operation to complement existing operations in the UAE’s Port of Fujairah; both will be supported by GP’s trucking network for fuel supply.

Income from oil and gas will fall by 50% to 85% in 2020, reaching the lowest levels in more than two decades, according to recent IEA analysis of current conditions.

Forms commercial management agreement with Maersk Tankers and joint venture with V.Group to create a new company, both effective 1 April onwards.

Fire started on Sunday night and took 107 personnel more than 12 hours to extinguish; cause of fire remains unknown and is under investigation.

Spread of COVID-19 escalating on a global scale has resulted in more countries being added to the health declaration watch list to safeguard the maritime industry.

‘All personnel involved in a bunker delivery – barge crew, ship crew, or surveyors – are to minimize touching surfaces which may be contaminated,’ states IBIA.

10.5km of existing asphalt concrete production pipelines were modified to meet industry standards and deadline, says company.

Winding up application directed to be heard before the court sitting of the High Court of the Republic of Singapore at 10:00am on 27 March.

With COVID-19 infections escalating, stringent measures have been put in place; short-term visitors from affected areas not allowed to enter or transit through Singapore.

Project is aimed at developing and field-testing intelligent vessel capabilities, enabling autonomous navigation towards more efficient harbour tug operations.

Vessel to be equipped with LPG Reformer, which can convert LPG into synthetic methane gas- making it more stable by reducing the rate of abnormal combustions.

“TNK Trading is another Rosneft subsidiary brokering the sale and transport of Venezuelan crude oil, which is subject to sanctions,” said U.S. Secretary.

Bunkers sold at the republic totalled 3.87 million mt with significant increase in LS 380 cst sales, according to latest MPA data.

1,500 kWh Orca Energy battery pack enables vessel to enter harbour areas and handle cargo operations emissions free; fuel consumption reduced by an estimated 20%.

Declaration targeting a ‘carbon-neutral and zero pollution’ maritime sector was signed in an informal meeting; draft to be presented at next full council meeting.

This move follows the assessment by WHO that COVID-19 has been characterizsd as a pandemic; IMO staff are working from home where possible.

Leases approximately 20.04 hectares of land; gears up for start of operation and management of the Labuan Liberty Terminal from 1 April onwards.

With ten other industry leaders, it aims to unite startups and industry players to test transformational technologies that reduce CO2 emissions.

‘The database would presumably be managed by the IMO,requiring all members to report on specific restrictions in ports and waters under their jurisdiction,’ says IBIA Director.

AIP covers two PCTC vessels with a respective capacity of 7,000 CEU and 8,100 CEU; vessels are equipped with IMO type C independent self-supporting LNG tanks.

Company spokesman for Torm notes of ‘minor delay’; while scrubber installations of DHT Holdings and Swedish Stena Bulk have been respectively postponed.

IBIA urges IMO to avoid implementing a ‘one size fits all’ policy for EGCS emission guidelines by requiring relevant evaluations and scientific backings from specific areas.

Months into sulphur cap implementation, all four shipping associations remain cautiously optimistic and urge all stakeholders to uphold their responsibilities.

While port authorities stay silent on the subject of wash-water, vessels are advised to switch to a closed-loop if using hybrid scrubbers or IMO 2020 compliant fuel.

Revised guidelines on scrubber air and water discharge performance made more stringent; to be adopted after the MEPC meeting in early April.

Development will allow Aramco to ‘develop new partnerships and opportunities with our clients in Europe, North and West Africa,’ says President & CEO.

Reductions in engine revolutions and ship functions optimisation can save up to 80% of fuel, bringing the possibility of a carbon neutral ship before 2050.

Decision based ‘on the back of stronger-than-expected performance during rigorous type-approval tests’, bringing total investment to 12 LPG dual-fuel engines.

Maritime insurer discusses potential commercial disputes it foresees post IMO 2020, and outlines response parameters for legal costs covers.

M/V Autosky will test Bio-Fuel Oil on its normal route, reducing more than 6,500 metric tonnes of CO2 emissions on a well-to-wake basis.

Quarantine applies to ships that have called at 'contaminated countries'; medical checks of crew are also required to be conducted by port sanitary officers.

Maritime ‘recognises its responsibility in helping tackle this global health issue whilst ensuring that the wheels of global trade continue to turn,’ says Secretary General.

Shortages due to VLSFO not stabilising in vessel pipes, resulting in inaccurate readings - shipowners are advised to appoint a Bunker Quantity Surveyor.

Measures extended to arriving vessels with recent travel history from mainland China, Iran, northern Italy or the Republic of Korea in the past 14 days.

‘Maritime has the opportunity to tackle sustainability by embracing data and developing a hub for maritime intelligence,’ says Maritime Business Development Manager.

Full scale version is an upgrade of the pre-production unit; solar panels can be installed to provide supplementary propulsive and electrical power.

Company worked closely with partners to stay compliant with regulations despite current virus outbreak.

‘In 2020, we plan to increase the share of ultra- and low-sulphur marine fuels in total sales up to 50%,’ says CEO.

18,000 cbm LNG bunkering vessel built for Korea Line at Hyundai Mipo Dockyard; contract includes option for second vessel.

As part of the WingSail project, the system is designed to be aerodynamic, user friendly, and low maintenance.

Mercantile & Maritime iterates stance as a group operating in full compliance with trade laws and maritime regulations.

P&I club outlines clarifications on SPRO Agreement and oil booming requirements through China MSA document.

‘High-sulphur resid was replaced by VLSFO sales in Panama, because VLSFO sells at a discount to MGO,’ reports Argus Media.

Members of CSA and shipowner panel share their experience with operating and maintaining scrubbers post IMO 2020.

Developing ultra-high energy conversion and renewable energy propulsion to lower emissions and bunker costs.

Production and export of LSFO aimed at reducing inventory of HFO and increasing profits, reports Sinopec News Network.

Current auditor cannot travel to PRC to perform any audit procedures on the outstanding financial results, it states.

Major port state regimes have already made clear they will rigorously enforce sulphur requirements, says ICS.

IMO’s PPR Sub Committee to amend July 2024 usage and carriage ban, with caveat to extend usage for domestic shipping.

Records ‘substantial increase’ in revenue during Q4 2019 due to strong demand for HSFO and VLSFO bunker grades.

The New York-listed oil and bunker trading firm records 40% on year growth in net profit to $178.9 million in FY 2019.

Draft ‘2020 Guidelines for sampling of fuel oil intended to be used or carried for use on board a ship’ recently agreed at PPR 7.

Research aims to create a visual twin model for optimisation, engine operating state monitoring and engine failure diagnosis.

Lower demand and improved supply logistics for LSFO main factors behind the narrowing of price premium over HSFO.

‘The MPA empathises with the situation faced by the owners and managers of SRS and desires to take a pragmatic approach to assist the industry in overcoming these challenges.’

Secretary General to propose collaboration to ‘refine best practices’ managing health threats in shipboard environment.

The Standard Club highlights main implications and relevant enforcement of IMO instruments and joint statement with WHO.

Earlier restrictions imposed to control coronavirus spread; China, South Korea and Japan biggest buyers of Kuwait's crude.

Company presented its plan for using ammonia as marine fuel from both technical and operational perspectives at two events.

LSFO production meant to gain greater market share in the international marine fuel market, says the company.

MPMSB will function as the operating company to carry out Port Management Services at Labuan Port from 1 April 2020 onwards.

Survey aims to further understand the quality of new compliant fuel oils and possible safety implications of IMO 2020 fuels.

A first step in executing further on expansion plans in this region, as it sees ‘huge potential’ and ‘future growth opportunities’.

Surge due to unexpected higher costs and instability of VLSFO aggravated by unexpected black carbon emission issues.

Lintec’s branding and legacy is hoped to ‘better capture Intertek’s continued innovation within the shipping industry’.

Vigilance on updates recommended as more states enforce similar stringent requirements in their port waters.

Ertem’s 14 years of experience in the bunker industry to help expand company’s presence in new and existing markets.

Merger will create one of the largest, most experienced independent marine fuels service and solutions provider in the world.

Inatech’s ‘Smart Trader’ is a complete end-to-end system for optimising fleet mapping and fuel procurement efficiently.

Remaining crew served quarantine for 14 days, ship disinfected and granted free pratique after meeting all health requirements.

Economy likely to stage quick recovery from coronavirus; with total economic impact relatively contained, says central bank.

Chinese shipping entities face ongoing financial and logistical difficulties due to coronavirus, says Standard Club.

MSA no longer publishes recommended SPRO Agreement wording and parties are now free to negotiate all terms, updates No

LNG dual-fuel shuttle tankers demonstrate environmental sustainability and operational flexibility are commercially viable.

Reporting agency analyses Maersk’s marine fuel consumption strategy in preparation for the IMO 2020 transition.

Worsøe’s extensive experience to help charterers seek more transparent and independent advice, says firm.

Goldenbeck was Managing Director for Dan-Bunkering’s office in Singapore, and is welcomed back to Middelfart.

Additive package provides solution to limit uncertainties in VLSFO blends; positively influencing tests in CIMACs PAS guideline.

Asian bunker demand plummets; estimated to decline a further 10-20% until virus outbreak is curbed, says analyst.

Consulting firm discusses strategies refiners are executing after IMO 2020 implementation, and changes to be expected ahead.

Platform designed to help industry navigate uncertainties in sourcing fuel and lubricants while reducing time and costs.

Package of amendments to environmental guidelines has been submitted to the working group on GHG reductions.

Reports note a remarkable increase in LNG sales that more than tripled alongside the expected surge in VLSFO sales post IMO 2020.

‘United States is determined to prevent the looting of Venezuela’s oil assets by the corrupt Maduro regime,’ says Steven T. Mnuchin.

ING economist outlines factors and implications behind unexpected outcomes in the marine fuel product markets post IMO 2020.

Refiners running more intermediate feedstocks as IMO 2020 fuel specs leave ready supply of alternatives to tight sour crude supplies.

Forms agreement with E.ON and DeltaPort to implement battery container or hydrogen refuelling services in pilot project at Wesel.

Preparations since 2008 pay off and supply of VLSFO to Russian domestic market alone expected to exceed 1.5 million tons.

Made possible with EUR 3 million investment two years ago into the production logistics facilities at Petrobrazi; first delivery at Port Constanța.

For the first time, the Sirharbor solution will be able to supply two ships simultaneously and is expected to go into test operation in 2020.

Total 4.51 million mt of bunkers was sold at the port in January, higher than 4.19 million mt posted during January 2019.

Majority of VLSFO components come from low cost distillate and low sulphur petrochemical streams which can be readily separated to form distillate sludge.

First LNG bunkering operation in new cooperation was carried out for research vessel Atait on 6 February.

Faced with higher risks resulting from IMO2020 and new stringent audit regulations, Trefoil seeks fully integrated system solution to maximise efficiency.

Shipping industry should be well informed on compliance regulations due to upcoming deadline on 1 March and delay of scrubber installations in China.

World’s first laser-based targetless relative DP reference system on LNG bunker tanker Kairos helps to enable safe bunkering at sea.

The Ministry of Health has raised its risk assessment from level Yellow to Orange; industry urged to be well informed of its implications.

Asia bunker fuel demand typically down during the Lunar New Year holiday; however coronavirus outbreak in China exacerbated the downtrend, reports Reuters.

With 1 March just weeks away, the shipping industry is cautioned to pay heed to ways they can comply with the carriage ban and ensure a smooth transition.

Report tracks LNG-fuelled growth in vessel segments and worldwide expansion and development of LNG bunkering infrastructure along key trade lanes.

Orders for LNG-fuelled vessels more than tripled the average ordered between 2016 and 2018 in preparation for IMO 2030 and IMO 2050.

Though computer models analysing automatic identification system data to determine if illegal fuel bunkering can be detected using vessel pattern analysis.

Homegrown companies pave the way forward in commercialising marine hybrid propulsion technologies to reduce carbon emissions.

Preparations since December 2019 pay off with tanker MT Alnic MC transporting the first parcel of 15 TMT VLSFO from Kochi to Singapore.

Intended principal business activities of Straits Port Management Sdn Bhd are to carry on the business as an Investment Holding Company.

Kalimbassieris warns these inspections are unannounced and any discrepancies in bunker quantities will be considered violations of law.

Bergen Troll and Northern Skaggerrak have the capability to bunker a variety of fuels, including MGO, 3.5%S fuel oil, and 0.5%S fuel oil.

Improving clean fuel supply sustainability is only one half of the equation; the other half is balancing demand-based behaviour, says Xavier Pfeuty.

Vacuum residue desulphurisation plant in Ulsan undergoing test operations and is estimated to produce 40,000 barrels per day.

Ulrik will be based in the Copenhagen office and will be tasked with a substantial role in managing financial operations and activities.

Bunker quality claims are not new to the industry, but these claims going global indicate an issue with the stability of low sulphur fuel.

While it is still early days in the virus outbreak, the implication for the shipping industry is clear - demand and freight rates are falling, says Chief Shipping Analyst.

“There is significant potential for fuel and emissions reduction in Ro-Ro ships as they are normally on fixed routes,” says Senior Vice President of Sales at Corvus.

Conditions set by MPA are now more rigorous, as it targets to clampdown on industry malpractice and meet environmental targets.

5,000 kWh energy storage system will enable ships to operate with zero emissions while in port- meeting RINA Green Plus class notation.

Latest development leaves a total of 44 accredited bunker suppliers operating at Singapore port, show MPA data.

Scrubber technology firm explains why 2020 will see a second wave in scrubber orders when shippers seek solutions to the ‘headaches’ of compliant fuel.

Range is directed at providing the industry with tools to obtain additional assurance that suppliers are providing compliant, stable fuel.

Outbreak is increasingly putting a strain on businesses and shippers should be well armed with relevant contractual terms to ensure smooth negotiations.

WT SUPRA Coolant’s technology claims to be able to extend service life to equipment, reduce maintenance costs and protect the environment.

Gas tankers managed by Ultragas ApS received scrubbers designed for 7,000 kW engine power with scrubbing capacity for 55.000 kg/h flue gas.

TMFGS was the top 6th bunker supplier by volume in the Singapore market for 2019, according to latest figures released by MPA.

As ship queues for scrubber installation grow at Chinese repair yards, some members are now faced with delivery delays due to impact of the Novel Coronavirus outbreak.

WHO has declared the outbreak as a Public Health Emergency of International Concern and has proposed certain Temporary Recommendations be issued.

Some issues arising over the margin for error in testing for sulphur content and presence of sediment is causing concern in some areas, highlights lawyer.

Montreal Express will undergo a test run to gain experience and information on the properties of biofuel in real-world use.

Megah Port Management Sdn. Bhd. will be the operating company to carry out Port Management Services at Labuan Port from 1 April 2020.

The oil and bunkering firm recorded a USD 328.82 million net loss for operations in FY 2019, showed results released on Friday.

Suggests upcoming IMO Pollution Prevention and Response Sub-Committee to be ‘the most effective forum’ to progress Dr Prior’s debate.

MPA has put up health advisories at the sea checkpoints to inform travellers and ship crew on the precautionary measures to take when travelling.

Completes previously proposed merger to meet scrubber demands and develop additional products for fuel efficiency.

Scrubber sales in 2019 down by 11% compared to 2018 as shipowners gauge whether scrubber investments are justified vis a vis fuel prices.

Nauticor’s Kairos successfully supplied next generation offshore installation vessel Orion, the fifth dual fuel vessel in DEME’s fleet, with LNG.

On 29 January, there was a confirmed case of a crew member with the Wuhan coronavirus infection working onboard a ship in Singapore waters.

‘Savage’s ship bunkering business in New Orleans is an ideal expansion of Kirby’s existing bunkering operations in Texas and Florida,’ says President & CEO.

10%-15% of total ocean-going freight capacity will employ scrubbers in 2020; difference in freight rates will be main variable to determine optimal investment pay-off period.

Captures differentials of compliant and high sulphur fuel; ‘significantly de-risking initial investment’, says CEO.

Trafigura, Frontline and Golden Ocean Group joint venture formed on 13 August 2019 to establish a global supplier of marine fuels.

Greece’s first LNG bunker vessel will be supplied with LNG at Revithoussa LNG terminal and will refuel ships both in Piraeus and other ports in Greece and the wider region.

Coralius’s first bunkering was in September 2017; she reached the 100th bunkering mark in February last year; her 200th delivery was achieved this week, says the company.

The latest hiring makes the Middle Eastern office, established in 2013, the largest office of the Dan-Bunkering group in terms of number of Traders.

Provides bunkering and other services including container operations, break bulk, berthing, mooring, harbour tug services, stevedoring, ship chandelling to vessels.

PwC was not able to obtain further information nor satisfactory explanations of the trading activity between certain parties, amongst other issues.

Price level of VLSFO declines from the all-time high of USD 740 per mt on 7 January to USD 641 per mt on 22 January, the largest drop seen in Singapore.

Inchcape Marine Survey and Inspection team in Singapore licensed to undertake bunker surveys and other supporting survey requirements from February 2020.

BunkerTrace tracks marine fuel using synthetic DNA markers at specific points of the supply chain and records each transaction in a blockchain-based solution.

Poseidon Principles designed to support ship owners in achieving the ‘at least 50% by 2050’ GHG reduction target, and to help financial institutions manage risks.

‘The agreement with Vertex Energy solidifies Bunker One’s position as a vertically integrated supplier of marine fuels in the USA,’ says Carlos G Torres.

‘Hyundai is among the very few yards which can demonstrate experience in the new field of LNG bunker ship design and construction,’ says Probunkers.

6,190 dwt bunker vessel Straits Energy delivers LSFO shipment to dedicated storage tanks at Southpoint Terminal.

Significant investments needed to decarbonise shipping can only be expected to happen if there is a long term commercially viable business case.

Complaint relates to decision making process of on-going tender to operate Labuan’s containerised port.

New office and addition of Chris Brooks provides firm opportunity to be closer to US customers and suppliers.

Development allows Fluxys, G&V, Titan LNG and Rolande to offer LNG as marine fuel at quay 526/528, where now only truck-to-ship bunkering is taking place.

Three permanent LNG bunker vessels operating in port to date, with further four LNG bunkering specialists owning LNG bunkering licence.

MISC, Samsung Heavy Industries, Lloyd’s Register and MAN Energy Solutions to collaborate on addressing shipping’s decarbonisation challenge.

The Wärtsilä 46DF engines are IMO Tier III compliant in gas mode, and are compliant in marine diesel oil (MDO) mode in combination with the NOR units.

Costank was positioned 16th out of 51 players in MPA’s list of top Singapore bunker suppliers by volume in 2018.

Singapore’s swelling inventory has not prevent shortages, but constraints in bunker delivery infrastructure during the transition to low-sulphur fuels remain a concern.

The company ships first 10,000 mt batch of LSFO to Zhoushan, Zhejiang, to supply for ships plying in waters east of China during spring festival.

Sales of low-sulphur fuels, including LSFO and MGO LS, rose by 51% month-on-month in December to 3,127 kilo mt, compared to the 1,271 kilo mt of HSFO sold in the same month.

The Islamic Republic of Iran Shipping Line and National Iranian Tanker Company are both cooperating to secure avails of low sulphur fuel, says IRSOU spokesman Yahya Ziaei.

Highlights ‘firm foundation for growth’ with GBP 4.5 million funding in place, as company announces promotions of key staff members instrumental in the development of MSAR trials during 2019.

Total bunker sales at Panama Canal was 5,352,396 mt in 2019, compared to sales of 4,551,630 mt in 2018.

Figure represents an increase of 8% (6 incidents) in the total number of incidents and an increase of 15% (9 incidents) in actual incidents, compared to 2018

‘The Alfa Laval Service Agreement will help us safeguard long-term performance, for example by using data analysis to keep systems performing at their peak,’ says Dr. Loukas Barmparis.

Policies and activities on sustainable shipping, innovation, efficiency, renewability and agility need to be translated into contractual agreements for effectiveness.

The Gazpromneft Ocean TPL 4040 oil product worked for more than 4,500 hours on board a vessel during trial tests which lasted about 14 months.

In particular, container throughput in 2019 hit an all-time high of 37.2 million TEUs amidst challenging global economic conditions.

Bunkers sold at republic totalled 47.46 million mt from January to December 2019, 4.7% compared to similar period last year.

Bunker One will have the exclusive rights to purchase 100% of Vertex's Marrero, Louisiana refinery's marine fuel production until December 2029.

Monthly estimated demand of 30,000 mt of LSFO for coastal ships plying on India’s eastern coastal route are not met, say local bunker suppliers.

Company begins refuelling ships with TMS type A eco-friendly fuel (low-viscosity marine fuel) produced by the Novokuybyshevsky Oil Refinery.

China’s fuel oil tax rebate may lower bunker prices, especially in Asian shipping hubs, says FIS’ Chris Hudson.

Initial exports of bunker fuel may be limited due to focus on developing domestic coastal bunker fuel market.

Ecuadorian reliance on imports and lack of local LSFO refiners could keep Ecuador’s prices less competitive.

NIMR’s bunker barge will carry an initial capacity of 5,000 mt of MGO, VLSFO and marine lube.

Acquisition broadens service offering, customers base and increases storage capacity to 150,000 barrels.

Services to reduce risk of excessive BAFs, better control over fuel portion of ocean freight rate.

Dalian Shipbuilding Industry awaits for installation of Wartsila EGC system onboard the New Treasure.

The MTTS system allows simultaneous supply of several tank vehicles with transfer speed of up to 120 m3/h.

One of the findings concerns the critical function of ventilation systems to avoid accumulation of explosive gas.

Development an ‘exciting and positive next step in GoodFuels’ journey,’ says GoodFuels CEO Dirk Kronemeijer.

US high sulphur distillates may prove profitable going into 2020 despite IMO 2020 global sulphur limit.

NS United Kaiun Kaisha, Ltd. and Imabari Shipbuilding Co., Ltd LNG tanks are cost saving and easy to install.

The company has acquired the 8,000 dwt bunker tanker as its sixth bunker tanker operating at Singapore port.

Bahrain authority ‘strongly encourages’ the use of close loop mode when vessels sail within Bahraini waters.

‘We are trying to tap into that market to a certain extent,’ says Hambantota International Port Services CEO.

Hanwa obtained judgement following an “Emergency Arbitration” application on 18 July 2018 to prevent the risk of dissipation by the former Singapore-based bunkering firms.

Lawyers of the ex-Regional Marine Manager of BP Singapore, the Executive Director of Pacific Prime Trading, and Deputy Public Prosecutors were present at the State Courts on Wednesday.

The Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd and from 1 April 2020 all bunker deliveries will be carried out by Vitol Bunkers (S) Pte Ltd.

Seeks to enforce either arbitration clause under contract or to dismiss NuStar and TPP respective liability claims, according to documents obtained by Manifold Times.

‘We are closely monitoring the rapidly developing COVID-2019 situation while remaining committed to working with the bunkering industry to ensure minimal disruption to bunkering operations and services.’

The emergency preparedness exercise involving SCDF, PCG, MPA, and Sinanju was carried out on the LNG dual-fuel bunker tanker at Raffles Anchorage on 17 March, learned Manifold Times.