Gazprom Neft Marine Bunker, the operator of Gazprom Neft’s bunker business, on Monday (11 March) said it sold 2.9 million tonnes (mt) of marine fuel in 2018, having increased by 10% when compared to figures for 2017.
Growth in retail and small wholesale sales was driven by positive sales dynamics in the North-West and Black Sea regions, it notes.
In particular, sales of environmentally friendly marine fuels with a sulphur content below 0.1% increased by 26% in 2018 reaching 200,000 mt.
In the medium term, Gazpromneft Marine Bunker says it plans to expand the product line of marine fuels through the use of liquefied natural gas.
In 2018, the company initiated the introduction of the international standard for LNG bunkering into the practice of Russian shipping, and also began to develop a unique industry project to build the first Russian LNG bunker company.
“The shipping industry is on the verge of significant transformation,” said Gazpromneft Marine Bunker’s General Director.
“The new MARPOL standards and the growing market demand for environmentally friendly fuels have a key influence on the long-term development strategy of Gazpromneft Marine Bunker.
“In order to strengthen our leading positions and ensure competitiveness over the coming years, we are already expanding the fuel portfolio with modern and high-tech petroleum products and working on mechanisms for developing a new promising LNG bunkering area in Russia.”
Related: Gazprom Directors discuss prospects of LNG bunkering market
Related: Gazpromneft Marine Bunker adopts ISO LNG bunkering standard
Related: Gazprom Neft Marine Bunker increases sales volume in H1
Related: CAA: Gazpromneft expects to halt fuel oil use from 2025
Related: Gazpromneft Marine Bunker receives fuel supplier award
Related: Gazpromneft Marine Bunker publishes 2017 report
Photo credit: Gazprom Neft Marine Bunker
Published: 12 March, 2019
Significant uptick in the number of quality claims being alleged by ship owners has also been seen since the implementation of contactless bunkering operations, notes Partner at Rajah & Tann.
‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.
Having a surveyor’s watchful eye to detect illegal activities also sends a strong signal to barge and vessel crew not to undertake any intended non-compliance, states VPS Senior Sales Manager.