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Korean barge mulls MFM bunker ops in 2018

31 Oct 2017

Korea-based bunkering firm Hanyu is considering implementing mass flowmeter (MFM) bunkering operations to its fleet in 2018, says staff.

‘We also think MFM bunkering is a good system,’ says a spokesperson of the company’s bunkering department, when asked about his opinion on the systems.

‘Hanyu will attempt to deploy MFM in 2018.’

Though no initiatives from the Korean government are currently available to start MFM bunkering at South Korea, the source noted of Hanyu being supportive of one, if there is.

Unreported barge strikes are meanwhile still periodically happening in South Korea, presenting a challenge during bunker delivery operations.

‘The issue [from the strikes] is a limitation on supply, and we expect to solve this issue by gradually rising the barging fee till 2020.’

By 2020, the company also intends to change its operations to suit the future 0.50% global sulphur cap. 

‘By 2020, we expect to supply volumes to be changed by the addition of low sulphur marine gasoil and other compliant products,’ he says.

‘We have planned to change the barge operation accordingly.’

Hanyu group on 8 September, 2017 celebrated its 50th anniversary by announcing a plan to own 20 vessels, including one for LNG bunkering operations, by 2025.

The company has an agreement with SK Energy to handle delivery of several products, including bunkers, at South Korea.

Photo credit: Hanyu

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