Classification society DNV on Monday (5 December) said 17 LNG-fuelled vessels were added to DNV’s Alternative Fuels Insight (AFI) platform in November.
According to the latest figures from DNV’s AFI platform, container vessels and car carriers constituted nearly two thirds of the orders.
Total order figure for LNG fuelled ships for the year to date has now reached 203, while methanol orders have reached 35.
Commenting on the figures, Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, said: “With the preliminary agreement at the EU last week that shipping will be included in EU ETS starting from 2024, all low-carbon options now makes even more sense. Methane emissions will also be included, so methane slip from engines will come under even greater scrutiny.”
Elaborating more in a social media post, Wold said: “We also counted two more #methanol fuelled orders in November. It is easy to mix up the ‘ready’, ‘prepared’, ‘capable’ and ‘fuelled’ solutions these days, and so do we from time to time.”
“Having to relabel some previously added methanol fuelled ships to “methanol ready” results in a net negative for our methanol count last month. Great to see the first methanol bunker barge confirmed!”
Photo credit: DNV
Published: 6 December, 2022
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.