Indian refineries Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL) are planning to import low sulphur bunker fuel for supply to vessels by 2020 due to them being unable to produce the grade.
IOCL and BPCL have floated tenders in December to respectively charter a very large crude carrier (VLCC) and a Suezmax carrier to import low sulphur fuel oil to India, according to The Hindu Business Line.
The charter period will be for as much as seven years and is the first of such to be carried out in India.
Shipowners need to consume bunker fuel with a sulphur content of not more than 0.50% from 2020 and the chartered vessels are expected to meet the requirement by either consuming low sulphur bunkers or by installing a scrubber on board.
The owners may have to conduct modifications at their own expense to meet the IOCL and BPCL contract as “any modification/retrofitting required on the vessel to be carried out by vessel owner at their cost and time”, says the tender.
Published: 28 December, 2017
Order of ammonia fuelled main engine, which is currently under development by MAN ES, is aligned under the MOL group environmental vision.
MPA has reviewed and revised certain requirements for crew change; crew from specific low risk countries may no longer be required to serve the full SHN.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
The tax exemptions will be extended by five years following the republic’s recent Budget 2022 speech on Friday (18 February).
Infineum matched the amount of employee donations and gave the equivalent figure to three global charities; Doctors Without Borders, Direct Relief, Action Against Hunger.
Partners Harley Marine subsidiaries Pacific Terminal Services and Olympic Tug and Barge for services.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
