Nippon Yusen Kabushiki Kaisha (NYK) Thursday signed a memorandum of understanding (MOU) with three energy firms on the commercialisation of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Setouchi and Kyushu areas of western Japan.
The joint discussions were started with Kyushu Electric Power Co., Inc., Saibu Gas Co., Ltd., and Chugoku Electric Power Co., Inc.
“The demand for LNG as a marine fuel, a practical alternative to heavy fuel oil because of its relatively low emission of air polluting substances and greenhouse gases, is expected to increase after a global 0.5% sulphur cap is introduced in 2020,” it explains.
“Therefore, NYK and the three companies have decided to examine the commercialisation of an LNG bunkering business in the Setouchi and Kyushu areas of western Japan.”
In May, NYK and a group of companies formed LNG bunkering firm Central LNG Shipping Japan Corporation (CLS), and LNG bunker tanker owning entity Central LNG Shipping Japan Corporation.
CLS placed an order with Kawasaki Heavy Industries for Japan’s first LNG bunkering vessel in early July.
Related: Japan: First LNG bunkering vessel ordered, to start ops in 2020
Related: Central LNG Marine Fuel Japan Corporation launched
Related: Japanese shipping, energy firms mull LNG bunkering business
Published: 3 August, 2018
Hapag-Lloyd pilot project scheduled to take place in 2020 when vessel will spend 90 days in Chinese dock.
Operation marked an achievement as the LNG bunker cargo storage tanks were hoisted from an inclined berth, presenting a difficult challenge to CIMC SOE in hoisting tanks.
‘Tackling climate change is too big a challenge for one organisation to fix alone. Radical carbon reduction throughout supply chains is an absolute necessity,’ states UECC spokesman.
LNG bunkering of the Keppel Smit Towage tug will be conducted by FueLNG at Jurong Port.
Containerships Polar and Containerships Nord will arrive at the Port of Riga three times per week.
GTT will further provide training for the crews, supported by its proprietary G-Sim training simulator, which replicates the future LNG operations of the vessels.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
Headway will launch a new fuel supply system suitable for alternative bunker fuels such as hydrogen and ammonia; to focus on procurement and construction of carbon capture systems in 2023 following R&D.
Competition for FAME from aviation and road transportation sectors have resulted in some shipowners resorting to adopt more readily available CNSL blends as biofuel for vessels, explains Steve Bee.
