Classification society on Monday (17 May) published its latest whitepaper examining the potential of biofuels in shipping.
The Sustainability Whitepaper: Biofuels as Marine Fuel gives an overview of the various types of marine liquid biofuels that are “drop-in” fuel options for replacing conventional fuels in both the near- and long-term and their potential to contribute to industry decarbonisation goals. Other aspects considered include safety, vessel design implications and regulatory challenges.
“Biofuels have been identified as highly promising carbon neutral fuels that can enter the global market relatively quickly and help approach the IMO GHG reduction targets for 2030 and beyond,” said Georgios Plevrakis, ABS Director, Global Sustainability.
“Being produced from renewable biomass, biofuels have the potential to offset the carbon emissions of a vessel due to the CO2 absorption of the feedstock, which can help counterbalance the combustion emissions.
“However, the total carbon reduction potential of different biofuels clearly depends on a range of factors related to their value chain.
“ABS is committed to ensuring owners, operators, shipbuilders and original equipment manufacturers are fully informed about its potential as they develop their decarbonisation strategies,”
The guidance builds on ABS research developed in the ABS Low Carbon Shipping Outlook series, to help drive decarbonisation pathways for the industry.
Estimated total value of MFO which was erroneously recorded as having been delivered to the receiving vessels across the 14 proceeded CMA charges is US$121,585.60, states court document.
On 5th June 2021, VPS carried out a Remaining On Board (R.O.B.) survey on board a Singapore-registered bunker tanker at short notice by the Charterer and quickly identified the theft of 98 metric tons of bunker fuel.
No quarantine required if vessels have not called at Brazil, India, Nepal, Pakistan, the Philippines and South Africa during the 21 days prior to arrival at Hong Kong port, according to Marine Department notice.
CCIC discuss the progression of MFM technology for bunkering at Singapore port with Manifold Times; and possible development of a primary facility for MFM calibration.
‘The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,’ says Malcolm Cooper, CEO, VPS.
A foreign vessel was involved in an alleged unauthorised STS incident with bunker tanker Pearl Melody on 5 June, Director and General Manager of Consort Bunkers tells Manifold Times.