BHP Group is negotiating with three companies to supply liquefied natural gas (LNG) as bunker fuel for five of the company’s vessels that it intends to transport iron ore between western Australia and China, reported Reuters.
Eight to ten firms participated in the tender to supply LNG to BHP from 2022 to 2027, and a firm contract is forecasted to be awarded next month.
This comes following Singapore-based ship management company Eastern Pacific Shipping (EPS) being awarded a contract to manage the world’s first LNG Dual Fuel Newcastlemax bulk carrier owned by BHP.
The vessels will be able to carry about 10 million tonnes per year (tpy) of iron ore and are scheduled to be delivered throughout 2022.
Related: Eastern Pacific Shipping inks deal with BHP for world’s first LNG dual fuel dry bulk vessels
Photo credit: BHP
Published: 20 September, 2020
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Representatives of Oldendorff, Stena Bulk, Fratelli Cosulich, and TOTAL Marine Fuels Global Solutions discuss IMO 2020, activities in the last 12 months, and future bunker industry developments.
Firm will supply LNG and LBM using the 6,000 m3 LBV "Optimus", which will operate under the company’s license in the ARA and Zeebrugge ports.
Internal study led by Jotun investigates major cargo vessels; namely, bulk carriers, chemical tankers and oil tankers, with a dataset of almost 9,000 vessels.
LNG bunker supply firm presents CEO of Furetank Bio50 LNG certificate gift for the occasion.
Captains and officers complete 30-day practical training at sea on the LNG-powered boxship WES Amelie.
KPI OC seeking to recover debt of USD 805,602.15 over five bunker deliveries, not including accrued interest of about USD 363,000 since 15 September, showed court documents obtained by Manifold Times.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
