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Event report: 2023 Global Marine Fuel and Green Shipping Development Forum (Zhoushan, China)

Zhoushan port’s bunkering sector delivered over 6 million mt of marine fuel in 2022 cementing its position as the fourth largest bunkering international port.

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2022 bunker supplier volumes

Singapore-based bunkering publication Manifold Times was present at the 2023 Global Marine Fuel and Green Shipping Development Forum at Zhoushan, China on 25 October.

More than 500 delegates from the domestic and international marine fuels supply chain were briefed by top management of the nation’s bunkering developments.

In 2022, Zhoushan port’s bunkering sector delivered over 6 million metric tonnes (mt) of marine fuel cementing its position as the fourth largest marine refuelling port in the world. From January to September 2023, the port recorded a total of 5.29 million mt of bonded ship fuel being bunkered, representing a year-on-year increase of 20.55%.

Wang Liguo

During the forum, Wang Liguo, Executive Director of the Marine Fuel Industry Committee of the China Petroleum Circulation Association, introduced the "2022 Global Bunker Rankings by Supplier” rankings and provided a brief analysis of global bunkering firms.

Cui Yiling

Cui Yiling, Deputy Director of Administrative Committee of Zhoushan High-tech Industrial, introduced achievements and future plans of Zhoushan's current bunkering sector while announcing the launch of construction work of China’s Northeast Asia Bonded Bunkering Center.

Fang Haifeng

Fang Haifeng, General Manager of Sinopec Fuel Oil Sales Co., LTD., spoke of his company ambitions through a presentation titled "Striving to be a global promoter of clean and smart ship energy" while offering a glimpse of Sinopec’s future green and low-carbon solutions.

Wang

Wang Yongxin, President of China Merchants Energy Shipping Co., Ltd., shared in this presentation “Exploration and practice of ship decarbonization in CMES” the firm’s three operational pillars which are "leading high-quality development of the industry with demand", "promoting the green and low-carbon development of the industry with ecology" and "promoting the progress of low-carbon and decarbonization technology in the industry with digitalization".

Karl Kleemeier

Karl Kleemeier, Head of Asia, SVP - Oil Markets at Argus Media, meanwhile delivered a keynote speech entitled "Global Bunker Fuel - Prices and Latest Developments". He explained the movement in global fuel supply prices from an international perspective and provided a comparison between Zhoushan and Singapore bunker prices.

Cui Yuwei

Cui Yuwei, Director of CCS Shanghai Rules & Research Institute, explained the latest developments in maritime emission reductions. When choosing an alternative bunker fuel for a newbuilding or retrofit, a shipowner needs to consider five key factors which are the potential for emission reductions, the completeness of regulations and standards, technological maturity, fuel availability and economy of use.

Zhao Kai

Zhao Kai, China Chief Representative of Methanol Institute, gave an outlook on the development of marine methanol fuel focusing on the characteristics of methanol, the development footprint of renewable methanol and the application trend of methanol marine fuel. A hazard analysis of different alternative fuels has presented methanol as the safest alternative bunker fuel, he stated.

Zhang Yuanyuan

Zhang Yuanyuan, Senior Manager of the Planning Department of PetroChina Natural Gas Marketing, introduced the development trends and market prospects of LNG as a marine fuel while providing an overview of PetroChina’s LNG business. She forecasts China's LNG bunkering demand to reach between 6 to 9 million mt in 2035.

roundtable

The final roundtable discussion of the forum was moderated by Qi Yinliang, Founder of Beyond Shipping, with Zhuang Wei, Regional Manager of BIMCO Asia, Tokumoto Senji, Managing Director of MOL (China) Co., Ltd., Shen Tao, Head of China Sustainability Center ABS, Zhao Kuo, Head of shipping at Minsheng Financial Leasing, and Wang Biao, Marketing Director of Zhejiang Free Trade Zone Petrochina Fuel Oil Co.,Ltd, whom all focused on discussion of "Green Alternative of Marine Fuels Towards Zero-Carbon".

Photo credit: Zhoushan Municipal People's Government
Published: 8 November 2023

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Biofuel

PIL vessel in bio bunker fuel trial transports containers with PSA Singapore

Containers, bound for Mitsui Chemicals Asia Pacific’s beneficial cargo owner, were transported via PIL’s vessel “Kota Ratna” and PSA’s coastal terminal and rail nodes in Singapore, Qinzhou and Chongqing.

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PIL transports containers using bio bunker fuel in trial with PSA Singapore

PSA Singapore (PSA) and Pacific International Lines (PIL) on Wednesday (29 May) announced the completion of their first trial of low-carbon green shipments, in a joint effort to build a more sustainable end-to-end supply chain ecosystem.

This pilot trial is part of the Memorandum of Understanding signed in October last year between the two long-standing partners to collaborate on green and sustainability solutions to decarbonise supply chains. 

The pilot consists of warehouse-to-warehouse cargo flow from Singapore to Chongqing via the International Land-Sea Trade Corridor. The containers, bound for Mitsui Chemicals Asia Pacific, Ltd’s beneficial cargo owner, were transported via PIL’s vessel Kota Ratna and PSA’s coastal terminal and rail nodes in Singapore, Qinzhou and Chongqing.

Green levers utilised in this pilot include the use of biofuel on Kota Ratna as well as landside supply chain optimisation by PSA.

The biofuel used for this trial, a blend of 24% used cooking oil with very low sulphur fuel oil, abated about 100 tonnes of carbon, equivalent to planting 4000 trees, and reduced the emissions of greenhouse gases (GHG) by 84.1%.

With first-hand data on carbon emissions obtained from this pilot trial, PIL will be better equipped to assess how it can further lower emissions from its vessel operations, not just for its existing ships but also for its eight new LNG dual-fuel container vessels that will be progressively delivered from end 2024.

The PSA Port Ecosystem Business Division leveraged container barging, a greener mode of transportation as compared to trucking, to haul cargo from PSA Jurong Island Terminal to Pasir Panjang Terminal for onward shipment towards Chongqing. 

In addition, the use of container handling equipment powered by electricity and greener alternative fuels at PSA’s ports reduced emissions in the port area.

The collaborative efforts by both partners across the end-to-end supply chain translated to planting one tree for every laden container moved across this value chain.

Philbert Chua, Managing Director, Container Division, PSA Corporation Ltd, said, “The successful completion of this green pilot project with PIL is an important step forward for the maritime and supply chain sector.”

“Combating climate change is one of our urgent priorities and PSA is committed to work with like-minded partners to put these words into action.”

“This concerted teamwork illustrates a step-by-step measurable approach to further decarbonise supply chains and has unlocked opportunities for accelerated action to achieve our net zero goal.”

Abhishek Chawla, Chief Marine Officer, PIL, said, “PIL is pleased to receive promising results from this low-carbon green shipments pilot trial with PSA.”

“With sustainability at the core of PIL’s operations, we are happy to join forces with PSA as we take concrete action to drive a sustainable future. The valuable insights obtained from this trial will empower PIL to further reduce our vessel emissions in the future, as part of our goal of achieving net zero by 2050.”

“Working hand in hand with like-minded partners, we can augment each other’s sustainability efforts in creating greener shipping and providing a sustainable net zero model to our customers soon.”

 

Photo credit: PSA Singapore
Published: 30 May 2024

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Alternative Fuels

China: Chimbusco, Suzhou Fengbei Biotechnology to conduct bio bunker fuel research

Both parties will comprehensively promote the use of biodiesel in the bunker fuel market and contribute to green and low-carbon shipping.

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China: Chimbusco, Suzhou Fengbei Biotechnology to conduct bio bunker fuel research

China Marine Bunker (Petro China) Co., Ltd. (Chimbusco) and Suzhou Fengbei Biotechnology Co., Ltd. on Thursday (23 May) signed a strategic cooperation agreement to jointly carry out research on the application of marine biofuels and promote pilot projects on the application of biodiesel. 

Both parties will comprehensively promote the use of biodiesel in the bunker fuel market and contribute to green and low-carbon shipping.

Suzhou Fengbei Biotechnology Co., Ltd. has long been committed to the research and development of comprehensive utilisation of natural oil resources, forming an oil resource recycling industry chain of "industrial oils-biofuels (biodiesel)-biobased materials". 

Qin Ling, secretary of the Party Committee and general manager of Chimbusco said with the implementation of increasingly stringent emissions laws and regulations, the company is actively responding to and adapting to domestic development needs. 

“Through strategic cooperation, the company is locking in the future demand for biofuels,” he said. 

Pingyuan, chairman of Suzhou Fengbei Biotechnology Co., Ltd. said that both firms will rely on their respective advantages and resources and seize new opportunities for carbon reduction in shipping. 

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

 

Photo credit: Zhangjiagang Bonded Zone (Jingang sub-district) Party and Government Office
Published: 30 May 2024

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Wind-assisted

MOL to install wind propulsion system on seven newbuildings

MOL has measured the performance of the Wind Challenger on a vessel “Shofu Maru” continuously on actual voyages and confirmed Wind Challenger sail reduced daily fuel consumption by up to 17%.

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MOL to install wind propulsion system on seven newbuildings

Mitsui O.S.K. Lines, Ltd. (MOL) and its group company MOL Drybulk Ltd. on Monday (27 May) announced their intent to install wind propulsion systems on a total of seven newbuilding bulk carriers and multi-purpose vessels, which will be operated by MOL Drybulk. 

MOL has measured the performance of the Wind Challenger on a vessel Shofu Maru continuously on actual voyages and confirmed that the Wind Challenger sail reduced daily fuel consumption by up to 17%.

The fuel saving and GHG reduction effect of the Wind Challenger depends on various conditions such as the type of vessel and the shipping route.

MOL Group will have a total of nine Wind Challenger-equipped vessels, bringing the total number of vessels equipped with wind propulsion systems to 11.

Among the seven vessels to be equipped with wind propulsion systems, six new bulk carriers will each be equipped with one Wind Challenger. Construction contracts have already been signed with Oshima Shipbuilding Co., Ltd. for three of the six vessels, and preparations are under way for construction contracts for the remaining three vessels.

In addition, MOL Drybulk has decided to install two Ventfoils, a foldable and autonomous unit for wind-assisted ship propulsion, manufactured by Dutch firm EconoWind B.V., on one of its new multipurpose vessels slated for delivery 2025 and operation under a time charter.

MOL has established the "MOL Group Environmental Vision 2.2" and has set the target of achieving net zero greenhouse gas (GHG) emissions by 2050. One of the key strategies to achieve this target includes the "introduction of clean energy, further energy-saving technologies," and the group plans to launch 25 vessels equipped with the Wind Challenger by 2030 and 80 vessels by 2035.

 

Photo credit: Mitsui O.S.K. Lines
Published: 30 May 2024

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