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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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Emissions reporting

ZeroNorth and Veracity by DNV launch end-to-end emissions reporting, verification service

New offering combines ZeroNorth’s Vessel Reporting and Emissions Analytics platform with Veracity platform and DNV’s Emissions Connect verification services to deliver an end-to-end compliance solution.

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ZeroNorth and Veracity by DNV launch end-to-end emissions reporting, verification service

Maritime technology solutions provider ZeroNorth on Friday (16 May) said it has partnered with Veracity by DNV to launch a fully integrated emissions reporting and verification service for the maritime industry. 

Teekay is the first customer that will be implementing the service across its fleet, following successful testing and development.

As regulatory requirements tighten, ZeroNorth said maritime operators face growing demands for emissions transparency and reporting integrity. At the same time, poor data quality remains an industry-wide challenge. 

“The new offering combines ZeroNorth’s Vessel Reporting and Emissions Analytics platform with the Veracity platform and DNV’s Emissions Connect verification services to deliver an end-to-end compliance solution,” the company said in a statement. 

“The offering simplifies compliance by integrating automated data reporting with expert validation, reducing administrative burdens and improving data reliability.”

A key differentiator is the multi-layered data quality feedback loop, which ensures emissions data undergoes rigorous validation at multiple stages. Verification warnings from Veracity by DNV are automatically flagged to ZeroNorth’s data quality team, which then works directly with vessel crews to resolve discrepancies before final submission to authorities. 

This reduces compliance risks and enhances regulatory confidence while supporting continuous monitoring of EU MRV, IMO DCS, CII ratings, EU ETS and FuelEU Maritime compliance.

Teekay, a long-standing customer of ZeroNorth, participated in early testing of the solution and providing operational feedback. Since its successful implementation with Teekay, the service has been rolled out to two additional customers, and further deployments are underway.

Anders Schulze, Chief Operations Officer at ZeroNorth, said: “The maritime industry faces growing pressure to ensure emissions data is not just reported, but verified to the highest standards. Yet fragmented systems and manual processes continue to undermine data quality and increase compliance risk. 

“By combining ZeroNorth’s data and analytics capabilities with Veracity by DNV’s verification expertise, we are directly addressing this challenge. Our goal is to build trust in emissions data and reduce complexity for shipowners and charterers. We’re especially pleased that Teekay, a long-time partner, played a central role in shaping and validating the service.”

Mikkel Skou, Managing Director at Veracity by DNV, said: “At Veracity by DNV, the value of our ecosystem is built on strong partnerships, exemplified by our collaboration with ZeroNorth.

“By integrating trusted data and solutions like ZeroNorth’s Vessel Reporting and Emissions Analytics platform, we create a robust network that supports collaboration and drives sustainable growth in the maritime industry. 

“We look forward to continuing working towards our ambition to deliver trust and connectivity to the industry through this partnership with ZeroNorth.”

Mikkel Seidelin, Chief Commercial Officer at Teekay, said: “Partnering with ZeroNorth improves our ability to navigate complexities seamlessly, leveraging on data and technology to optimise our performance and reduce inefficiencies.

“When we are equipped with verified, end-to-end data, it empowers us as owners towards seamless decision-making, resulting in real sustainable and operational target-achievements.”

 

Photo credit: ZeroNorth
Published: 16 May, 2025

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LNG Bunkering

Singapore: FueLNG achieves 400th LNG bunkering operation milestone

Bunker tanker “FueLNG Bellina” successfully delivered LNG bunker fuel to “BYD Shenzhen”, the world’s largest LNG-fuelled car carrier at Singapore anchorage during its maiden voyage.

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Singapore: FueLNG achieves 400th LNG bunkering operation milestone

Singapore’s licensed LNG bunker supplier FueLNG on Thursday (15 May) announced the successful completion of its 400th LNG ship-to-ship (STS) bunkering operation in the republic.

FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum Pte Ltd, marked the milestone with bunker tanker FueLNG Bellina successfully refuelling BYD Shenzhen, the world’s largest LNG-fuelled car carrier, at Singapore anchorage during its maiden voyage.

“With a capacity of 9,200 vehicles and equipped with dual-fuel LNG propulsion, the BYD SHENZHEN represents the next generation of low-emission maritime transport,” it said in a social media post. 

Shell said it supported BYD Shenzhen on its maiden voyage as the supplier of the LNG bunker fuel. 

“Like all LNG dual fuel vessels, BYD Shenzhen is on the pathway to net zero emissions. She can take bio-LNG, and in the future e-LNG, in her fuel mix for further emission reduction and regulatory compliance,” it said in a separate social media post. 

 

Photo credit: Shell
Published: 16 May, 2025

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Biofuel

Hong Kong: CPN hits new record for China’s largest B24 biofuel bunkering operation

Chimbusco Pan Nation delivered 6,300 mt of B24-VLSFO in Hong Kong to boxship “XIN LOS ANGELES” on 15 May, exceeding its previous record of 5,500 mt delivered in February 2025.

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Hong Kong: CPN hits new record for China's largest B24 biofuel bunkering operation

Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (16 May) said it has set a record for China’s largest B24 marine biofuel bunkering operation.

CPN said it delivered 6,300 metric tonnes (mt) of B24-VLSFO in Hong Kong to container ship XIN LOS ANGELES on 15 May. 

The supply exceeded CPN’s previous record of 5,500 mt delivered to the same ship in February 2025.

“This collaboration reinforces CPN’s ability to execute large-scale marine biofuel bunkering with precision and reliability,” the company said in a social media post.

“By consistently supplying large volumes of B24 marine biofuel, CPN supports reduced carbon emissions and sustainable shipping practices globally.”

Related: CPN achieves largest B24 bio bunker fuel delivery in Hong Kong and China

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 16 May, 2025

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