Connect with us

Alternative Fuels

INTERVIEW: IMO 2030/2050 marine fuels to be decided by most cost efficient, effective well-to-propeller solution

The market is currently undergoing a transitional phase where a wide range of alternatives are being evaluated, says Sonnich Thomsen, Managing Director for Bunkers at Sing Fuels.

Admin

Published

on

Sonnich MT

The following interview arranged by Conference Connection is part of pre-event coverage for the upcoming 12th International Fujairah Bunkering & Fuel Oil Forum (FUJCON 2021), where Manifold Times is an official media partner. Readers can register for the virtual event by clicking on the link here

A mirage of products, including LNG, methanol, biodiesel, ammonia, liquid hydrogen and even nuclear technology, is currently being tested as potential candidates to support shipping’s alternative renewable fuels future.

However, only the most cost efficient and effective well-to-propeller* options will be tested and gradually narrowed down as solutions accepted by the shipping industry for IMO 2030/2050, believes the Managing Director for Bunkers at Singapore-based international bunker trading house Sing Fuels.

“Decarbonisation will continue to be a hot topic for the future,” Sonnich Thomsen shares with Singapore bunkering publication Manifold Times.

“Shipping is currently contemplating their long term strategy and the discussion typically revolves on whether newbuilds should have scrubbers installed or be built with LNG/ammonia dual-fuel systems that are also able to accept retrofits should other types of fuels be used in the future.

“It seems the market is currently undergoing a transitional phase where a wide range of alternatives are being evaluated. Ultimately, we foresee it will boil down to the most cost efficient and effective well-to-propeller decarbonisation effect these alternatives have.”

The International Maritime Organization (IMO)’s initial GHG strategy envisages, in particular, a reduction in carbon intensity of international shipping (to reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008); and that total annual GHG emissions from international shipping should be reduced by at least 50% by 2050 compared to 2008.

The IMO direction is also part of the reason why Sing Fuels has chosen to invest in a clean technology firm to assist the shipowners in their quest for further decarbonisation, adds Thomsen.

“As renewable energy continues to develop, we see an urgent need for cost effective and long duration energy storage systems to drive the renewable demand further,” he says.

“Through investments and partnerships, Sing Fuels is proudly ready to meet this demand for the future.”

Moving forward, Thomsen notes it is essential for today’s bunker trading companies to remain relevant by ensuring a global coverage, while providing experienced teams that are able to act as advisers and partners to customers.

“We constantly drive for value added services to customers. Hence, in 2020 Sing Fuels established a stand-alone operations department with the sole purpose of ensuring supply excellence to its clients,” he says.

“We will continue to develop smaller niche supply areas through partnerships with local suppliers. This is a proven formula where many mid-size traders are more competitive in certain ports than the more generic trading houses focusing on the key hubs.”

*The current well-to-propeller study of alternative fuels for the maritime transport assesses the potential climate impacts of alternative fuel systems at all stages in their life cycle – from oil & gas wells (or from farming) to the propeller [Chryssakis, 2013].

Note: Sonnich Thomsen will be speaking at Session 5: Bunker Outlook & Marine Fuel Quality: Tackling the Challenges Post 2020 at FUJCON 2021.

 

Photo credit: Sing Fuels
Published: 17 March, 2021

Continue Reading

Methanol

VPS conducts assessment on first SIMOPS methanol bunkering op in Singapore

Firm was appointed by OCI Methanol Europe to conduct a quantity and quality assessment of a methanol bunker fuel delivery to “Eco Maestro” in Singapore.

Admin

Published

on

By

VPS conducts assessment on first SIMOPS methanol bunkering op in Singapore

Marine fuels testing company VPS on Tuesday (28 May) said it was appointed by OCI Methanol Europe, part of the OCI Global Group, to conduct a quantity and quality assessment of a methanol fuel delivery to Eco Maestro in Singapore.

Captain Rahul Choudhuri, President Strategic Partnerships, VPS, said VPS survey experts Rafael Theseira and Muhd Nazmi Abdul Rahim were at hand during the methanol bunkering to ensure the 300 metric tonnes of methanol transfer was carried out smoothly, having been involved in the first methanol bunkering a year ago. 

Manifold Times recently reported X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) successfully completing the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore.

A X-Press Feeder container vessel, Eco Maestro, on its maiden voyage from Asia to Europe was successfully refuelled with close to 300 mt of bio-methanol by GET, a MPA licensed bunker supplier, using MT KARA

The ISCC-certified bio-methanol used for the SIMOPS was produced by green methanol producer OCI Global and supplied via GET, a ISCC-certified supplier.

Captain Choudhuri said the role of the marine, petroleum or bunker surveyor has evolved over the years in shipping and maritime affairs, but the principles have not - and that is to provide independent assessment of the quality and quantity of the product transfer. 

“This may seem obvious but this quality and quantity control is crucial to avoid commercial discrepancies, shortages or fraud,” he said.

“Safety training is critical and we have been on top of this having completed the required MPA fire-fighting course and the IBIA Methanol training course. We will work more with the Singapore Maritime Academy for trainings in future,” he added.

In August last year, Singapore-headquartered independent common carrier X-Press Feeders launched its first ever dual-fuel vessel Eco Maestro in China.

Manifold Times previously reported VPS stating it was the first company to complete a methanol bunker quantity survey (BQS) operation in Singapore on 27 July last year.

VPS was appointed by Maersk and Hong Lam Marine Pte Ltd, to undertake the very first bunker quantity survey (BQS) of a methanol fuel delivery, supplied by Hong Lam to the Maersk vessel on its maiden voyage to Europe. 

Related: First SIMOPS methanol bunkering operation completed in Singapore
Related: VPS completes quantity survey on Singapore’s first methanol bunkering op
Related: Singapore bunkering sector enters milestone with first methanol marine refuelling op
Related: X-Press Feeders launches its first methanol dual-fuel vessel “Eco Maestro” in China

 

Photo credit: VPS
Published: 29 May 2024

Continue Reading

LNG Bunkering

Gasum and Equinor ink continuation of long-term LNG bunkering agreement

Agreement builds on the success of the previous contract Gasum has had with Equinor; Gasum’s bunker vessels “Coralius”, “Kairos” and “Coral Energy” will be used for the bunkering operations.

Admin

Published

on

By

Gasum and Equinor ink continuation of long-term LNG bunkering agreement

Nordic liquefied natural gas (LNG) bunker supplier Gasum on Tuesday (28 May) said it signed a long-term contract with Norway-based global energy company Equinor whereby Gasum continues to supply LNG to Equinor’s dual-fuel chartered fleet of vessels. 

The agreement builds on the success of the previous contract Gasum has had with Equinor. Gasum’s bunker vessels Coralius, Kairos and Coral Energy will be used for the bunkering operations.

The agreement also includes additional support services such as cooling down and gassing up, which has also been a part of Gasum’s previous collaboration with Equinor. 

Gasum has organised three separate LNG cool down operations for Equinor in Skagen so far this year.

Both Gasum and Equinor have committed to sustainability goals to enable a cleaner energy future. Equinor’s ambition is to become a net-zero emissions energy company by 2050.

Using LNG in maritime transport means complete removal of sulfur oxides (SOx) and particles, and reduction of nitrogen oxides (NOx) emissions of up to 85 percent as well as a reduction in CO2 emissions by at least 20%. LNG is interchangeable with liquefied biogas (LBG/bio-LNG), which reduces carbon dioxide emissions by 90% compared to conventional fuel such as marine gasoil (MGO).

With LNG and bio-LNG the maritime industry can reduce emissions already today, instead of waiting for future solutions. Gasum’s strategic goal is to bring yearly seven terawatt hours (7 TWh) of renewable gas to market by 2027. Achieving this goal would mean combined carbon dioxide reduction of 1.8 million tons per year for Gasum’s customers.

Related: Equinor Energy AS extends LNG bunkering agreement with Gasum
Related: Gasum expands LNG bunkering business to ARA region through partnership with Equinor

 

Photo credit: Gasum
Published: 29 May 2024

Continue Reading

Methanol

Consortium inks MoU for facility in Egypt to produce green methanol bunker fuel

AD Ports Group, Transmar and Orascom Construction will develop a green methanol storage and export facility, which will provide bunkering solutions for mainliners who have ordered green methanol powered vessels.

Admin

Published

on

By

Consortium inks MoU for facility in Egypt to produce green methanol bunker fuel

AD Ports Group, a facilitator of global trade, logistics and industry on Tuesday (28 May) said it signed a memorandum of understanding (MoU) with container shipping line and terminal operator Transmar and global engineering and construction contractor Orascom Construction for the development of a green methanol storage and export facility. 

AD Ports Group said the facility will aim to supply low-carbon fuel for maritime transport, presenting an opportunity to establish clean alternative energy storage solutions globally.

Green methanol is a synthetic fuel produced renewably and without polluting emissions, and can be produced from green hydrogen. This chemical compound can be used as a low-carbon liquid fuel and is a promising alternative to fossil fuels in areas where decarbonisation is a major challenge.  

Aside from the maritime industry, green methanol can help decarbonise other hard-to-abate industries, including chemical and plastics. 

“The addition of a facility in this area will provide bunkering solutions for those mainliners who have ordered green methanol powered vessels and is aligned with AD Ports Group’s overall decarbonisation strategy and expansion into clean energy liquid bulk storage,” the Group added.

Captain Ammar Mubarak Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, said: "By signing this MoU with Orascom Construction who have vast international experience in bulk liquid terminals for Methanol storage, and Transmar, who have decades of expertise in this region and within terminal operations, AD Ports Group and its subsidiaries are taking a significant step towards the sustainable future of energy.”

“This initiative not only aligns with the UAE's decarbonisation goals but also accelerates the energy transition in shipping, positioning us at the forefront of the green hydrogen revolution and enabling us to contribute to global environmental stewardship and economic diversification."

 

Photo credit: AD Ports Group
Published: 29 May 2024

Continue Reading
Advertisement
  • Consort advertisement v2
  • Aderco advert 400x330 1
  • EMF banner 400x330 slogan
  • SBF2
  • v4Helmsman Gif Banner 01
  • RE 05 Lighthouse GIF

OUR INDUSTRY PARTNERS

  • HL 2022 adv v1
  • 102Meth Logo GIF copy
  • Triton Bunkering advertisement v2
  • Singfar advertisement final


  • E Marine logo
  • Auramarine 01
  • CNC Logo Rev Manifold Times
  • MFA logo v2
  • Uni Fuels logo advertisement white background
  • endress
  • pro liquid
  • intrasea
  • 300 300
  • SMS Logo v2
  • 400x330 v2 copy
  • Headway Manifold
  • Advert Shipping Manifold resized1
  • VPS 2021 advertisement

Trending