Alternative Fuels

Liquid Wind study: eMethanol has carbon footprint 15 times lower than sustainable biofuel bunkers

According to a case study, less than half the amount of eMethanol is required compared to biofuel when it is sourced for compliance under the FuelEU Maritime regulation.

Published

1 year ago

May 2, 2023

Admin

Liquid Wind on Thursday (27 April) said less than half the amount of eMethanol is required compared to biofuel bunkers when it is sourced for compliance under the FuelEU Maritime regulation according to a case study in its whitepaper.

It also said eMethanol can have a carbon footprint 15 times lower than sustainable biofuel.

These results are contained in a White Paper produced by Liquid Wind on the economic implications of e-fuel Well-to-Wake emissions compared to alternative marine fuels as the development is moving rapidly in the eMethanol and e-fuel space. In the white paper, the firm dug into these increased efforts and showed why eMethanol is the best alternative bunker fuel to fossil fuels.

Liquid Wind said the shipping industry is stepping up its efforts to reduce its carbon footprint. More and more companies are setting targets and offering green shipping solutions to their customers.

“At the same time, new regulations and policies are being introduced to support the transition to low-carbon shipping. The primary motivation for switching to low-carbon fuels is to reduce emissions and support sustainability, rather than to transport goods at the lowest possible cost. As a result, the value of the fuel lies not only in its ability to transport goods, but also in the carbon footprint and its contribution to sustainability,” it said.

“With the introduction of alternative fuels, a broad range of products with varying production pathways and respective emission intensities enter the market. The emission reduction contribution of a fuel directly correlates with their Well-to-Wake (WTW) emission value. Therefore, fuel prices will reflect the WTW values of a specific fuel. eMethanol and its very low intensity offers a great reduction potential for shipping companies and their customers” Felix Jung, Sustainability Manager at Liquid Wind and author of the white paper, said.

The firm said when shipping companies switch to fossil-free fuel alternatives, they are not only buying an energy carrier, but also a product that supports sustainability and compliance with regulations. In conclusion, sourcing alternative bunker fuels means primarily sourcing sustainability.

In the white paper we encourage shipping companies, policy makers and users of shipping and transportation services to use a Well-to-Wake approach when evaluating emissions from the shipping industry.

This means that shipping companies should determine the amount of alternative fuel needed to achieve a reduction target. In time and with more regulations getting in place regarding lowered emissions, this will become increasingly relevant and will greatly affect the value of a fuel.

This approach considers all emissions along the life cycle of a fuel: from the cultivation of biomass or primary energy production to the combustion of fuel onboard the vessel - which enables accurate emission accounting and upstream transparency.

Conclusions from the white paper include:

Sourcing alternative fuels means primarily sourcing sustainability and not just an energy carrier.
The Well-to-Wake emission determines the amount of alternative fuel needed to achieve a reduction target and therefore impacts a fuels value.
Further sustainability and ESG criteria, especially for upstream production, need to be considered and will influence the value of an alternative fuel.
A Well-to-Wake approach enables accurate emission accounting and upstream transparency.

Note: Download the white paper ‘Exploring the Economic Implication of Well-to-Wake Emission Intensities’ here.

Photo credit: Liquid Wind
Published: 2 May, 2023

Bunker Fuel

SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

Senior Minister of State Amy Khor also announced MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year, from 1 April 2025.

Published

4 hours ago

October 9, 2024

Admin

SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

From 1 April 2025, all bunker suppliers in the Port of Singapore will be required to provide digital bunkering services as a default, said Senior Minister of State for Transport and Sustainability and the Environment Amy Khor on Wednesday (9 October).

Khor said Singapore will be the first port globally to implement digital bunkering at scale. MPA launched the digital bunkering initiative on 1 November 2023, becoming the first port in the world to implement electronic bunker delivery notes (e-BDN).

“This initiative is expected to save the industry close to 40,000 man-days annually. In addition, MPA will introduce a centralised electronic Bunker Delivery Note record verification facility to enhance the transparency and integrity of transactions in bunkering operations,” she said in her speech at the 23rd Singapore International Bunkering Conference and Exhibition (SIBCON).

She emphasised that the Maritime and Port Authority of Singapore (MPA) will work closely with industry partners and the unions to digitalise and streamline processes to improve efficiency in our port; strengthen our capabilities for the bunkering of future fuels and encourage adoption of these fuels; and upskill our workforce to facilitate the green transition.

Khor also made the following announcements:

From 1 April 2025, MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year. Singapore was the first port globally to adopt mass flow meters in 2017, and this new move is expected to help the industry save approximately $300,000 annually.
From 1 January 2025, MPA will roll out two innovative AI applications, DocuMind and DocuMatch, developed in collaboration with cloud service providers to drive greater efficiency in our port. These are expected to accelerate certificate processing time from up to three days currently, to a few minutes for most transactions.
Two ammonia bunkering proposals by Mitsui and Fortescue-Equatorial Marine Fuels have been selected by the consortia for the next round of Request for Proposal to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.
MPA will commit $50 million to support the implementation of the refreshed Maritime Singapore Green Initiative, to further encourage the early adoption of green fuels and technologies across the maritime industry.
Singapore will continue to strengthen international partnerships through initiatives like the Green and Digital Shipping Corridors (GDSCs) to enable the digitalisation and decarbonisation of shipping. On 9 October, MPA and the Shandong Provincial Transport Department will be signing the Singapore-Shandong GDSC at the sidelines of the 25th Singapore-Shandong Business Council co-chaired by Mr Chee Hong Tat, Minister for Transport and Second Minister for Finance, and Mr Zhou Naixiang, Governor of the Shandong Provincial Government.

Photo credit: Singapore Ministry of Transport
Published: 9 October, 2024

LNG Bunkering

Seaspan Energy takes delivery of first LNG bunkering vessel

“Seaspan Garibaldi” will take first cargo and finalise commissioning in Vancouver before its first ship-to-ship bunkering in Long Beach, where Seaspan will bunker a series of vessels.

Published

4 hours ago

October 9, 2024

Admin

Seaspan Energy takes delivery of first LNG bunkering vessel “Seaspan Garibaldi”

Seaspan Energy on Monday (7 October) said it took delivery of its first LNG bunkering vessel, the Seaspan Garibaldi and is currently sailing to Vancouver.

Manifold Times previously reported that the vessel is the first of three 7,600m3 LNG bunkering vessels and it is named after Mount Garibaldi, or “Nch'ḵay̓”.

The Garibaldi will take first cargo and finalise commissioning in Vancouver before its first ship-to-ship bunkering in Long Beach, where Seaspan will provide Simultaneous Operations to bunker a series of vessels.

Following its first bunkering, the Seaspan Garibaldi will continue to provide low-carbon solutions to vessels on the West Coast of North America and will soon be joined by Seaspan Energy’s second LNG bunkering vessel, the Seaspan Lions (Ch’ich’iyúy Elxwíkn).

The Seaspan Garibaldi is 112.8 metres in length, 18.6 metres in width, 5 metres in draft, with a design speed of 13 knots.

CIMC Sinopacific Offshore & Engineering (CIMC SOE), a small-scale gas carrier shipyard in the world, was appointed to build all three LNG bunkering vessels.

Photo credit: Seaspan
Published: 9 October, 2024

LNG Bunkering

Avenir LNG, Eni ink multi-year charter for LNG bunker vessel “Avenir Aspiration”

Avenir signed a Time Charter Party with Eni subsidiary LNG Shipping for one of the company’s 7,500cbm LNG bunker vessels; charter to Eni will commence from delivery in Europe in 2025.

Published

4 hours ago

October 9, 2024

Admin

Avenir LNG orders two 20,000cbm LNG bunker and supply vessels from CIMC SOE

Avenir LNG Limited on Tuesday (8 October) announced it has signed a Time Charter Party (TCP) with LNG Shipping S.p.A., a 100% subsidiary of Eni S.p.A.(Eni) for one of the company’s 7,500cbm LNG bunker vessels, the Avenir Aspiration.

The multi-year time charter to Eni will commence from delivery in Europe in 2025.

With this announcement, Avenir continues to deliver on its chartering strategy which has successfully concluded four new term charter agreements over the past 12 months across its fleet of five vessels on the water and two under construction.

This charter increases the company’s third-party charter revenue backlog, including options, to over USD 285 million, securing additional long term sustainable cashflow for the Group and shareholders over the next decade.

The Avenir Aspiration currently trades alongside the Avenir Ascension in the Northwest Europe performing small-scale supply services and ship-to-ship bunkering operations as part of Avenir’s physical LNG trading division, Avenir Supply and Trading.

Mr. Jonathan Quinn, Managing Director of Avenir LNG, said: “We are excited to be working with Eni to support their expansion into the LNG Bunkering market.”

“This transaction further solidifies Avenir as the trusted partner for modern and efficient small-scale LNG vessels as well as delivering on our strategy to facilitate the growth of LNG as a marine fuel globally.”

“We look forward to embarking on this long-term relationship with Eni whom we will serve with the highest safety and operational standards which Avenir has come to be known for.”

Photo credit: Avenir LNG
Published: 9 October, 2024