Yahya Ziaei, Secretary General of Iran Ship Owners Union (IRSOU), on Wednesday (15 January) said enough low-sulphur fuel has been supplied for Islamic Republic of Iran Shipping Line (IRISL) maritime fleet, according to Tehran Times.
The Islamic Republic of Iran Shipping Line and National Iranian Tanker Company are both cooperating to secure LSFO avails, he told the news agency in an update.
Ziaei said for the past few years, Iran’s Ports and Maritime Organisation (PMO) has engaged in multiple negotiations for the production and supply of low-sulphur fuel with National Iranian Oil Company (NIOC) as well as Iran’s Oil Ministry – but the issue has been neglected.
Iran’s Oil Minister Bijan Namdar Zanganesh was summoned to the parliament earlier this week for the oil ministry’s negligence of producing enough low-sulphur fuel oil for the country’s maritime fleet.
Zanganesh said the oil ministry need USD 10 billion of investment to modify and improve the country’s refineries, which was impossible to secure under the US sanction.
He also mentioned plans for refinery modifications to produce low-sulphur fuels are underway in Abadan Refinery but halted in at Isfahan Refinery.
Prior to 1 January, IRSOU said Iran was unable to meet IMO 2020 compliance due to low inventories of low-sulphur fuel oil. The National Iranian Oil Product Distribution Company (NIOPDC) clarified the rumour on 3 January.
Related: IRISL fleet will have IMO 2020 compliant bunkers, says NIOPDC MD
Related: Iran unable to meet IMO 2020 compliance due to low VLSFO avails
Published: 17 January, 2020
Stakeholders have looked into employing computer analysis technology to assist in work involved.
CEPSA Panama’s name will be changed to align with Minerva’s ownership at a future date, says new owner.
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.
Futures contract part of efforts by Zhoushan to create an international bunkering hub rivaling Singapore.
Seminar will focus on challenges biofuels raise and how these can be overcome through in-depth knowledge and pragmatic quality control of biofuels as an alternative bunker fuel source.
‘Prices in this week’s European gas markets are likely to be supported by lower temperatures across the continent and easing lockdowns across Europe,’ says analyst.
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.
