A new Jotun study based on European Union Monitoring, Reporting and Verification (MRV) data published on Monday (20 September) said vessels using Jotun Hull Performance Solutions recorded 20% lower carbon intensity in operations.
Only coatings applied within the three years preceding the emissions report were considered.
The internal study carried out by Jotun investigated major cargo vessel types, including bulk carriers, chemical tankers and oil tankers, with a dataset of almost 9,000 vessels, and the emissions report was verified by accredited parties.
The Carbon Intensity Index (CII) set to be implemented by IMO in 2023 focuses on the yearly reduction in emissions during operations. So vessel owners cannot just rely on the “out-of-dock” effect of a hull maintenance, says Jotun.
They need a reliable and effective antifouling solution that will perform consistently throughout the service interval. Maintaining a cleaner hull with minimal fouling means a vessel has less resistance when sailing through water.
Consequently, less power and fuel are required for the same speed and this directly reduces the amount of carbon dioxide released. Jotun’s HPS have a proven track record of long-term reliability and will become more important than ever for vessel owners to gain a competitive advantage.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.