Connect with us

Bunker Fuel

Dan-Bunkering achieves strong EBT of USD 47 million for FY 2023/2024

‘In a year characterised by geopolitical tensions and shifting demands across shipping segments, we are immensely proud of the results we have achieved,’ says Claus Bulch Klausen, CEO of Dan-Bunkering.

Admin

Published

on

Dan Bunkering

Dan-Bunkering on Tuesday (9 July) announced its 2023/2024 financial result with an EBT of USD 47 million, up from USD 46 million last financial year. 

Revenue reached USD 3.8 billion, which is Dan-Bunkering’s second highest revenue over the past five-year period, and with this year’s result Dan-Bunkering continues to build on strong financial performances of the past fiscal year.

“In a year characterised by geopolitical tensions and shifting demands across shipping segments, we are immensely proud of the results we have achieved. They are a testament to the great work from the teams around the world in navigating these challenges,” said Claus Bulch Klausen, CEO of Dan-Bunkering.

“The past financial year saw an increased focus on the transition towards decarbonisation. We have put increased effort into assisting our clients and suppliers in adapting to the recently implemented environmental regulations, such as the EU ETS scheme, and demands within for instance the alternative fuels space.”

“We are therefore investing time and resources to assist our partners with finding the best way forward.”

In May 2023, Dan-Bunkering launched an ambitious strategy "Ride the Next Wave" and since its launch, Dan-Bunkering’s main focus has been on integrating and promoting this strategy and its core purpose: pioneering the next wave of fuel solutions.

Dan-Bunkering has invested in educating its employees on topics surrounding the transition towards decarbonisation and is constantly developing new initiatives creating added value for its business partners.

“At Dan-Bunkering, we have always embraced the pioneering spirit. Therefore, Ride The Next Wave which was partly initiated by changing dynamics within the maritime industry, customer demands, and an increasing emphasis on decarbonisation, is a journey that our employees have been eager to join. So far, the strategy has resulted in a pipeline of several initiatives, engaging the entire organisation,” said Claus Bulch Klausen.

Dan-Bunkering’s Annual Report will be submitted to the Danish Business Authority later in July, once it has been finally approved by the boards and shareholders.

Related: Dan-Bunkering achieves positive EBT of USD 46 million for FY 2022/2023

 

Photo credit: Dan-Bunkering
Published: 10 July, 2024

Continue Reading

Bunker Fuel

Singapore confirms bunker spill from damaged shore fuel hose at Brani Regional Base

Authorities said about 23 metric tonnes had leaked from a damaged shore fuel hose used to refuel patrol craft at Selat Sengkir and no oil slicks observed.

Admin

Published

on

By

RESIZED SG bunker tanker

Singapore authorities on Thursday (6 February) confirmed that a diesel oil leak was discovered at the Police Coast Guard (PCG) Brani Regional Base on 5 February, at around 11.40am (Singapore Time). 

The leak was eventually isolated at about 3.40pm. 

“About 23 metric tonnes had leaked from a damaged shore fuel hose used to refuel patrol craft at Selat Sengkir,” said Singapore Police Force, Maritime and Port Authority (MPA) and National Environment Agency (NEA) in a joint statement. 

PCG and the Maritime and Port Authority of Singapore have deployed patrol craft and spill response resources to clean up small patches of light oil sheens observed in our southern waters. 

Contractors have also been activated to support the operation. There are no oil slicks observed. 

Navigational traffic in the area is not affected. There is no impact to operations in the Port of Singapore.

 

Photo credit: Manifold Times
Published: 7 February, 2025

Continue Reading

LNG Bunkering

LNG bunkering at Port of Barcelona increases by 60.5% on year in 2024

Port said 229,750 cubic metre of LNG were supplied at the port in 2024, achieving an increase of 60.5% compared to 2023 and a total of 491 LNG bunkering operations were carried out at the port.

Admin

Published

on

By

LNG bunkering at Port of Barcelona increases by 60.5% on year in 2024

The Port of Barcelona on Wednesday (5 February) said 229,750 cubic metre (m³) of LNG were supplied at the port in 2024, achieving an increase of 60.5% compared to 2023.

The Port said the achievement placed Barcelona as the leading port in the state - with 40% of the total m³ of LNG supplied - and one of the first in Europe in LNG bunkering. 

In 2024, a total of 491 LNG bunkering operations were carried out for ships, of which 402 were via tankers trucks, with 45,427 m³ supplied, and 89 were ship-to-ship (STS) transfers from barges, with 184,324 m³ delivered. 

Of the 8,398 ship calls at the Port of Barcelona during 2024, 822 calls were from ships using LNG, about 10% of the total calls at the port.  

The ships that have received LNG bunker fuel in Barcelona have been mainly cruises and ferries, reaching close to 23% and 19% of the calls of both types of ships and contributing to a reduction in nitrogen oxide (NOx) emissions of 20% for cruises and 18% for ferries. 

The top cruise companies have incorporated LNG-powered ships into their fleets, a good number of which operate regularly in Barcelona. During 2024, a total of 1,664,712 cruise passengers (45.5%) passed through Barcelona on board an LNG-powered cruise ship.

The increase in bunker supply of 60.5% has been possible due to several factors: 

  • the presence of the LNG supply barge based in the Haugesund port Knutsen, from the company Knutsen-Scale Gas,
  • the commitment of the shipping company Baleària to LNG, provided by several tanker trucks at the same time,
  • and the incorporation of new types of ships that use LNG in the port, notably car carriers. The Lake Herman ship, from Japanese shipping company MOL, was the first vehicle carrier to carry out LNG bunkering at the Port of Barcelona, ​​followed by four more ships of the same service, to which two new ships have been added at the beginning of 2025. 

During 2024, the fast ferry Margarita Salas, powered by dual LNG engines, was also added. Operated by Baleària, this ship began operating last June, connecting Barcelona with Mallorca and Menorca at high speed. This new connection reinforces the commitment to integrating LNG into passenger transport and significantly reduces the emissions generated on this route.

The Port of Barcelona said it will continue to facilitate the introduction of LNG with measures such as administrative simplification to facilitate the authorisation of LNG bunkering operations; and the availability of generic risk analyses to be able to expand these operations to other types of ships. 

During 2025, new risk analyses will be carried out to allow the supply of LNG to container ships, for which the port has already received interest from supply operators.

 

Photo credit: Port of Barcelona
Published: 7 February, 2025

Continue Reading

Shipping Corridor

Clear plan developed for Stockholm-Turku green shipping corridor

After a year of cooperation, Viking Line, Port of Turku and Ports of Stockholm said they have now laid a solid foundation for the green corridor project and developed a clear plan for a common way forward.

Admin

Published

on

By

Clear plan developed for Stockholm-Turku green shipping corridor

Viking Line, Port of Turku and Ports of Stockholm on Thursday (6 February) said they have now laid a solid foundation for a green shipping corridor project and developed a clear plan for a common way forward.

This comes after working together for a year on the project which aims to establish a green, fossil-free shipping corridor between Stockholm and Turku. 

On the anniversary on 6 February, the parties and a large number of invited stakeholders gathered for an open seminar in Turku, Finland. Results, experiences, challenges and opportunities were discussed based on the common goal of establishing a green maritime corridor between Stockholm and Turku by 2035.

Magdalena Bosson, CEO Ports of Stockholm, said: “We are very pleased with the cooperation and the work done during the first year.”

“We have been investing in onshore power supply infrastructure for ships for many years and Viking Line is one of the pioneers. Now we are further sharpening our goals together with the other parties to establish a fossil-free shipping corridor between Stockholm and Turku.”

Jan Hanses, CEO Viking Line, said: “We are proud to be part of this important co-operation project for a cleaner Baltic Sea. Our most significant investment so far is to offer all our passengers and freight customers biofuel for transport between Stockholm and Turku, reducing emissions for their journeys by 90%.”

“In addition, a possible battery installation and Elogrids, which reduces energy consumption, are important elements of our work in the coming years.”

Elogrids is a grid system installed on the ship's hull to reduce resistance and improve fuel efficiency. It optimises water flow and reduces turbulence, resulting in lower energy consumption.

Erik Söderholm, CEO Port of Turku, said: “A green shipping corridor gives us the opportunity to promote sustainable development and reduce the environmental impact of shipping.”

“During the past year, we have started more detailed planning of measures related to the green shipping corridor, such as updating our carbon footprint calculation and preparing for the development of charging stations for heavy traffic.”

During the first year, the parties have identified and prioritised the most important goals and measures to reduce carbon dioxide emissions in shipping. 

A clear project plan with activities has been developed, including:

Viking Line

  • Pre-study of battery installation on Viking Grace and Viking Glory
  • Installing Elogrids on the vessels
  • Increase sales of biogas supplements for transport between Stockholm and Turku

Port of Turku

  • Study and pilot project for onshore power supply at the quay
  • Zero emissions from Viking Line vessels at berth
  • Guidelines and incentives for port operators for zero emissions
  • In collaboration with external actors, develop concepts that link the green shipping corridor with sustainable transport from and to the port on land
  • Opportunity for shipping companies to bunker sustainable fuels

Ports of Stockholm

  • Zero emissions from Viking Line vessels at the quayside
  • In collaboration with external actors, develop concepts that link the green shipping corridor with sustainable transport from and to the port on land
  • Opportunity for shipping companies to bunker fossil-free fuels

 

Photo credit: Ports of Stockholm
Published: 7 February, 2025

Continue Reading
Advertisement
  • Sea Trader & Sea Splendor
  • Consort advertisement v2
  • Zhoushan Bunker
  • Aderco advert 400x330 1
  • SBF2
  • v4Helmsman Gif Banner 01
  • EMF banner 400x330 slogan
  • RE 05 Lighthouse GIF

OUR INDUSTRY PARTNERS

  • SEAOIL 3+5 GIF
  • E MARINE LOGO
  • Triton Bunkering advertisement v2
  • Singfar advertisement final
  • HL 2022 adv v1


  • PSP Marine logo
  • Auramarine 01
  • Synergy Asia Bunkering logo MT
  • CNC Logo Rev Manifold Times
  • Mokara Final
  • metcore
  • Innospec logo v6
  • MFA logo v2
  • Kenoil
  • Victory Logo
  • 400x330 v2 copy
  • LabTechnic
  • VPS 2021 advertisement
  • Headway Manifold
  • Advert Shipping Manifold resized1

Trending