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
Held jointly with the Singapore Maritime Institute, a total of SGD 9 million from the Maritime GreenFuture Fund will be set aside to co-fund selected projects.
First batch of 10,000 tons was shipped by the operator of the bunkering business of Gazprom Neft - Gazpromneft Marine Bunker to the port of St. Petersburg.
In total, 4.26 million metric tonnes of various bunker fuels were sold at the republic in November, more than 4.07 million mt recorded during November 2019.
Strengthened logistical set-up also makes MGO DMA and MDO DMB marine fuel grades available to the greater Stockholm area by truck deliveries.
Delegates taking part in the Bunker Outlook & Marine Fuel Quality: Tackling the Challenges Post 2020 session answer a question from the floor.
The Gazpromneft Ocean TPL 4040 oil product worked for more than 4,500 hours on board a vessel during trial tests which lasted about 14 months.
‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.
Having a surveyor’s watchful eye to detect illegal activities also sends a strong signal to barge and vessel crew not to undertake any intended non-compliance, states VPS Senior Sales Manager.
Bunker tanker owner’s trust in LR and Metcore’s expertise proves duo’s experience in bunkering MFMs and unceasing support made the difference in ensuring trust during bunker transactions.
