The crash in demand for air travel and jet fuel due to the Covid-19 pandemic has caused the industry to use the product as a blending component in the production of low sulphur bunker fuel, reports Bloomberg.
Allegedly, jet fuel was used to blend bunker fuel in Singapore through April and May when prices were close to $20 per barrel from $70 per barrel in January and the demand for air travel is not expected to recover until 2024.
A specialist for fuels at Lloyd’s Register has purportedly cautioned that while jet fuel can indeed be used in a marine fuel blend, it can have a far lower flash point which can be a safety hazard for vessels.
Photo credit: Ellen Jenni on Unsplash
Published: 20 September, 2020
ExxonMobil, Grieg Edge, North Ammonia, and GreenH signed a MoU to study potential production of lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway.
Vessel with a barge registered in Kuching, Sarawak was arrested at around 10:30 am while another Malabo-registered oil tanker was arrested at 2:25 p.m.
According to the notice, the last day for receiving proofs of debt from creditors is Monday, 26 April and the assigned Number of Matter is HC/CWU 174/2020.
Issues arising out of floating storage cannot be looked at in isolation; Consideration should also be given to bills of lading, sales contracts and insurance provisions, says HFW.
MPA, Port of Los Angeles, Port of Long Beach and C40 Cities have begun discussions to form corridor between Singapore and San Pedro Bay.
Proposed investment expected to support Hambantota port’s bunkering ambition, says investment board.
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.
