Japanese transportation company Kawasaki Kisen Kaisha, Ltd. (“K” LINE) recently said it plans to launch individual projects in each country and region in which it operates around the world, similar to LNG bunkering vessel management and ammonia bunkering vessel projects in Singapore.
In a special feature in the firm’s 2022 report, Kiyotaka Aya, Senior Managing Executive Officer, Supervising Marine Sector, Chief Safety Officer (CSO), said this when highlighting the establishment of its ship management company in Singapore, K Marine Ship Management Pte. Ltd.
He said Singapore is the largest bunkering port in the world and is at the forefront of initiatives to promote the shift to alternative fuels for low-carbon and carbon-free marine transportation.
Some examples of this include a ship management project for ship-to-ship LNG bunkering vessels, which began in 2021, and an ammonia bunkering vessel project for ships, for which joint studies began in 2022 as a member of a consortium.
Going forward, he said, the company expects to launch individual projects in each country and region in which we operate around the world, similar to the LNG bunkering vessel and ammonia bunkering vessel projects in Singapore.
“Ship management companies are a contact point for such projects and play a role in accurately addressing customer needs for low-carbon and carbon-free marine transportation through a region-based customer support system. Accordingly, at our base in Singapore, we will accumulate experience and knowledge as preparation to create organisations in three bases, including Europe and the United States, as set out in the medium-term management plan,” he said in the report.
In the report, ‘K’ Line also mentioned approximately 40 LNG-fuelled vessels will be added to its fleet by 2030 under its low-carbon and carbon-free initiatives.
The company also said it expects ammonia to become a vital type of fuel in achieving net-zero greenhouse gas emissions.
In another special feature in the report, Toyohisa Nakano, Executive Officer in charge of GHG Reduction Strategy, said under the medium-term management plan, which they announced in May 2022, the “K” LINE Group is currently accelerating the introduction of vessels fueled by liquefied natural gas (LNG) and liquefied petroleum gas (LPG), with the aim of promoting the shift to a low-carbon and carbon-free footprint of the Company and society.
“However, LNG and LPG are also fossil fuels and emit CO2 emissions when consumed as fuel, although comparatively less than conventional heavy oil. Meanwhile, a significant feature of ammonia is that it does not emit CO2 emissions, even when burned,” he said.
He added the company is promoting numerous projects related to creating a supply chain for supplying ammonia as a fuel for vessels, in addition to the development of ammonia fuelled vessels.
As such, he said they are currently involved in the commercialisation of ammonia bunkering vessels in Singapore.
Photo credit: “K” LINE
Published: 6 December, 2022
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.