Japanese shipping firm IINO Kaiun Kaisha, Ltd (IINO) has an intention to integrate alternative fuels into its future operations, says its earnings results presentation for the fiscal year ended 31 March, 2018 released in June.
The company noted entering into a time charter contract with Waterfront Shipping Company Limited (WFS) for a newly built methanol-fuelled 49,000 dwt chemical tanker.
It plans to jointly build the vessel with Mitsui & Co.,Ltd. at Hyundai Mipo Dockyard Co.,Ltd. (Korea); the dual-fuelled newbuilding will be the company’s first.
“Methanol is a safe, biodegradable and clean-burning fuel that significantly decreases emissions of sulphur oxide and nitrogen oxides,” it says.
IINO also noted the start of a survey of demand for liquefied natural gas (LNG) fuelled vessels and LNG bunkering vessels through the fuel conversion of existing regional/coastal LNG tankers.
The Japanese shipping sector has made clear their intention to get ready for LNG bunkering.
The International Transport Forum, an organisation within the Organisation for Economic Co-operation and Development (OECD), in late April published a policy analysis report to assess Japan’s ambition to become an international bunkering hub for LNG.
Kawasaki Kisen Kaisha, Ltd. (“K” Line), Chubu Electric Power Co., Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha (NYK Line) in May jointly announced the establishment of Central LNG Marine Fuel Japan Corporation.
Related: ITF/OCED assess Japan’s goal to be LNG bunkering hub
Related: Central LNG Marine Fuel Japan Corporation launched
Published: 21 June, 2018
As of May 2021, CMA CGM’s customers will be able to use biomethane via the ‘Act with CMA CGM+’ range of services, paving the way for a substantial reduction.
Fuel was taken on board “Kitty Petra” at Ramsgate in Kent; vessel sailed without any negative observations up to Great Yarmouth in Norfolk.
Other partners in the agreement are Italian Classification Society RINA and China Classification Society; focus will be on hydrogen and ammonia as marine fuel.
The pioneering vessel, Singapore’s first, is scheduled for delivery at the republic by December 2019.
Advantages in use of methanol as bunkers in medium speed marine engines for passenger shipping.
PT Perusahaan Gas Negara and PT Pertamina International Shipping enter into an internal collaboration agreement for increased synergy within group.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
Newly appointed Anthony Mollet speaks to Manifold Times about his role, vision, value proposition and plans for the Marine Fuels Alliance to become a wide-reaching and engaging bunkering industry association.
SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.
Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
‘Though it did introduce temporary commercial and operational disruptions, we took a constructive view of the situation and chose to use this event as a learning opportunity,’ shares a Consort Bunkers spokesperson.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
