Forward Maritime Group Inc. has reportedly signed a letter of intent (LOI) with Jiangsu Yangzijiang Shipbuilding Group to build a total of 20 liquefied natural gas (LNG) fuelled bulkers for deliveries between 2020 and 2023.
The vessels will be trading under the Forward Ships brand when delivered.
Forward Maritime is a joint projected started and funded by Arista Shipping in 2013 to encourage the use of LNG as a marine fuel.
Project members include ship classification society ABS, vessel design, offshore engineering and construction firm Deltamarin, LNG engineering firm GTT, engine manufacturer Wartsila, and oil major Royal Dutch Shell.
Photo credit: Forward Maritime
Published: 11 April, 2018
Discount of VLSFO bunkers in far east Russia has fallen to record levels versus Singapore values due to shipowners stopping purchases on sanctions compliance.
Development will provide firm ‘much-needed space and time’ for business transformation.
“Elbsummer” bunkered with a blend of marine biofuel produced from 100% sustainable feedstock and marine gas oil before it was set to sail to Helsinki, Finland.
New address of Tricor Services Limited will be changed to 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong while contact numbers remain the same.
“I’m pleased to welcome the Norwegian team into our family,” says Koh Kuan Hua, Director of Sea Oil Petroleum Pte Ltd, who looks forward to the development.
Commissioned report highlights creating markets for green technology and establishing infrastructure for green shipping and training workforce to adapt to greener technologies, amongst others.
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
