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IBIA clarification regarding 2020 sulphur limit compliance and EGCS

There have been a number of misleading headlines and articles incorrectly attributing certain views, statements and advice to the IBIA in the past week.
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In the past week there have been a number of misleading headlines and articles incorrectly attributing certain views, statements and advice to the International Bunker Industry Association (IBIA).

With regards to compliance with the 2020 global sulphur cap, IBIA urges its membership and all industry stakeholders to comply to safeguard the regulation’s intended benefits to human health and a level playing field.

The likely rate of compliance by ship operators is a controversial topic. A number of industry professionals, including IBIA members, have presented their views regarding the level of compliance they expect in 2020 in public fora.  These are individual or company views and should not be confused with an official “IBIA view”.

IBIA’s view on 2020 compliance, reflecting the diversity of our membership, is that we should be careful about being both too pessimistic and too optimistic.  There are legitimate concerns about compliance and effective enforcement, but there are also equally legitimate reasons to expect a high level of compliance. The only real indication we have at the moment is statistics from the emission control areas (ECAs) in Northern Europe, which has put non-compliance with the ECA limit at around 5%.

IBIA, along with other stakeholders, will be discussing ways to put global shipping on track to comply with the 0.50% sulphur limit at the International Maritime Organization when the Sub-Committee on Pollution Prevention and Response (PPR) meets in February next year.

As reported by IBIA last month, among the issues to be discussed at PPR is a proposed ban on the carriage of bunker fuel exceeding the global limit on ships without approved abatement technology.

In a poll at IBIA’s Annual Convention in Singapore last month, 38% of those who voted said they think we need such a carriage ban as soon as possible, while 55% thought there should be a ban but not until good availability of compliant fuels is evident. Only 7% voted against high sulphur bunker fuel carriage ban.

When it comes to abatement technology, specifically exhaust gas cleaning systems (EGCS) or scrubbers, IBIA cannot offer investment advice and does not offer a specific opinion as to which options any particular shipowner or shipowners in general should follow.

IBIA is not in the business of providing forecasts or giving investment advice, but there is a wealth of knowledge and varying opinions within our membership on many subjects. IBIA provides a platform for these various views to be heard and discussed, at IBIA events and in material published by IBIA.

IBIA does, however, urge its members to abide by regulations, follow best practices and pursue a high level of professionalism and ethical standards.

The article above was an IBIA written press release contributed to Manifold Times.

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Ofiniti eBDN solution chosen by FincoEnergies for marine biofuel ops in ARA region

Development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.
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June 17, 2025

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FincoEnergies MT

Rotterdam-based FincoEnergies, an independent, leading supplier of (bio)fuels and decarbonisation services for the transport sector, will be adopting Ofiniti’s FuelBoss eBDN technology, with operational support from VT Group.

The development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.

“Schedules are becoming increasingly tighter as demand for sustainable biofuels grows,” explains Leon Arets, Trading & Operations Director at FincoEnergies.

“We’re adopting a platform that enhances structure and responsiveness. This digital leap allows us to not only scale efficiently but also deliver greater transparency and operational excellence to our clients.”

A spin-off from global assurance and risk management leader DNV, Ofiniti brings together deep industry know-how with cutting-edge technology. Its flagship platform, FuelBoss, is designed to replace cumbersome manual processes with streamlined digital workflows that boost efficiency and data reliability.

“Our work with LNG suppliers laid the groundwork,” notes Oliver Brix Sparsø, Global Director of Sales at Ofiniti. “But this collaboration with FincoEnergies and VT Group marks the first large-scale commitment to digital delivery workflows for biofuels. It’s a turning point for the region.”

FincoEnergies’ mission, Decarbonising the transport industry together, is grounded in collaboration and innovation. The partnership with Ofiniti and VT Group exemplifies this spirit, combining technological leadership with operational expertise.

“As operators, we continuously look for ways to improve life on board and support our partners,” adds Wouter van Reenen, Business Development Manager at VT Group. “FuelBoss is a strong fit for our operations and those of our chartering clients.”

Related: Ofiniti to digitalise Azane ammonia bunkering operations across Scandinavia
Related: Ofiniti to roll out e-BDNs for Golden Island methanol bunkering operations in Singapore
Related: Global Fuel Supply to adopt FuelBoss by Ofiniti for e-BDN in West Africa
Related: Ofiniti appoints Oliver Brix Sparsø as new Global Director of Sales
Related: Ofiniti acquires Singapore-based Angsana Technology to advance digital bunkering solutions
Related: Singapore: FuelBoss by Ofiniti becomes sixth whitelisted e-BDN solution
Related: Digital bunkering platform Ofiniti successfully spun out from DNV
Related: FuelBoss to continue under new DNV company Ofiniti

 

Photo credit: Ofiniti
Published: 17 June 2025

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Business

China: Shanghai Zhongran and PetroChina Shanghai Port to promote bunker fuel blending business

Development will help improve Shanghai Port’s bonded ship fuel supply industry, noted the Shanghai Customs Inspection Office.
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June 17, 2025

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Shanghai Zhongran and PetroChina Shanghai Port meeting

A meeting between representatives of Shanghai Zhongran, Shanghai Port Energy, PetroChina Shanghai Port, and Hongkou Customs took place at the Shanghai Customs Inspection Office on Thursday (12 June).

According to Shanghai Zhongran, the meeting’s objective was to discuss the implementation of a high-sulfur and low-sulfur fuel blending business at Shanghai.

During the meeting, a member of the Shanghai Customs Inspection Office stated it will take the opportunity of PetroChina Shanghai Port to carry out this business to promote the development of enterprises in Hongkou District.

The development will improve the utilisation rate of Shanghai Zhongran bonded storage tanks, improve storage functions, and help improve Shanghai Port’s bonded ship fuel supply industry.

After the meeting, PetroChina Shanghai Port submitted a formal application to Hongkou Customs.

Moving forward, Hongkou Customs will formulate a reconciliation plan, open a special account book, and promote the implementation of this business.

 

Photo credit: Shanghai Zhongran
Published: 17 June 2025

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NYK Group’s first methanol-fuelled bulk carrier “Green Future” delivered

Vessel is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.
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June 17, 2025

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Green Future MT

NYK Group on 13 May received delivery of Green Future, the company’s first methanol dual-fuel bulk carrier, at the TSUNEISHI Factory of TSUNEISHI SHIPBUILDING Co., Ltd. where a naming and delivery ceremony was also held, it said on Thursday (14 June).

The vessel will be chartered by NYK Bulk & Projects Carriers Ltd., an NYK Group company, from KAMBARA KISEN Co., Ltd.

It is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

“Methanol has a lower environmental impact than fuel oil, and by using bio-methanol and e-methanol produced using hydrogen derived from renewable energy sources and recovered carbon dioxide, the vessel achieves significant reductions in greenhouse gas emissions,” it said.

Vessel Particulars
LOA: 199.99 m
Breadth: 32.25 m
Depth: 19.15 m
Deadweight: approx. 65,700 metric tons
Capacity: approx. 81,500 m3
Draft: 13.8 m

Related: Tsuneishi delivers world’s first methanol dual-fuel Ultramax bulker to NYK
Related: Japan: NYK to time-charter its first methanol-fuelled bulk carrier

 

Photo credit: NYK Group
Published: 17 June 2025

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