The Port of Amsterdam has started a scheme to double the maximum Environmental Ship Index (ESI) discount for vessels that are in the possession of an ESI certificate and use liquefied natural gas (LNG) for their main engine or auxiliary engine.
“LNG emits significantly smaller quantities of particulate matter than other fuels, as well as producing less carbon dioxide,” it says.
“Port of Amsterdam regards LNG as a vital transitional fuel which currently serves as the best alternative for the shipping industry.
“We also aim to have a bunker pontoon for LNG in place in the Port of Amsterdam by the end of 2018.”
The port hopes the introduction of the discount will help to advance its mission of encouraging the 50,000 seagoing vessels, cruise ships and barges that call on the port annually to operate as rapidly and efficiently as possible, using the least amount of resources.
Photo credit: Port of Amsterdam
Published: 3 August, 2018
Sukumar Verma, Managing Director at Informa Connect Singapore, explains how the world’s largest bunkering event will be virtually carried out between 6 to 8 October 2020.
David John Kidd amassed losses of over SGD 1 million to Lukoil Asia Pacific Pte Ltd through multiple irregular trades with Transocean Oil over a four-month period in 2016.
Helmsman LLC lawyers discuss pausing of LC payment, what it means for parties buying ships from companies of a group affected by fraud allegations, and trafficking in spent bills of lading.
Beluga Asia has entered into a Memorandum of Agreement with Sun Marine Corporation to acquire bunker tanker M.T. MA Veronica for USD 2.45 million.
Listing of Brightoil’s shares on the Stock Exchange was cancelled on 16 March 2020, according to a written Judgement of Russell Coleman, a Judge of the Court of First Instance.
‘To this end, the Bank has shown there are grounds for suspecting the CIA Contract may be a sham / fake contract and/or was not performed,’ said CMB’s submission to the Singapore court.