China State Shipbuilding Corporation (CSSC) on Thursday (1 April) said Guangzhou Shipyard, a subsidiary of China State Shipbuilding Corporation, in collaboration with Guizhou Shipbuilding Co, a subsidiary of CSSC Guangxi, has officially started constructing 50 liquefied natural gas (LNG)-powered bulk carriers for Zhujiang Shipping Co.
In mid-March, China National Offshore Oil Corporation, CSSC and Guangdong Shipping Group in mid-March signed an agreement for the design, construction and bunker supply of 50 liquified natural gas (LNG) single fuel powered ships in Guangzhou.
Specifically, CNOOC and Guangdong Shipping Group signed a LNG bunker supply agreement for 50 LNG single fuel bulk carriers and CSSC signed a vessel design and build contract with Guangdong Shipping Group.
The agreement covers 25 2,000 dwt, and 25 3,000 dwt bulk carriers, and marks the official start of the gasification of the Pearl River in Guangdong.
The Guangzhou Ship and Ocean Engineering Design and Research Institute is responsible for the design and construction of the ship in collaboration with China State Shipbuilding Corporation, and China Shipbuilding Guangxi Ship and Ocean Engineering Co.
The vessels’ energy consumption indicators, environmental performance and reliability requirements all meet the latest classification construction standards of China Classification Society (CCS).
Photo credit: CSSC
Published: 5 April, 2021
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.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.