Alternative Fuels
PIL orders four 8,000 TEU LNG DF container vessels from Yangzijiang Shipbuilding
Four vessels will each be equipped with an ammonia intermediate ready fuel tank and will be delivered progressively in 2025, according to PIL.
Published
2 years agoon
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AdminSingapore-based Pacific International Lines (PIL) on Tuesday (5 July) said it has awarded a contract to Yangzijiang Shipbuilding for the construction of four 8,000 TEU Liquefied Natural Gas (LNG) dual-fuel container vessels.
These vessels will each be equipped with an ammonia intermediate ready fuel tank. The four vessels will be delivered progressively in 2025.
This contract award follows PIL’s earlier contract to build four 14,000 TEU LNG dual-fuel vessels announced in March this year.
“We have decided to place an order for an additional four 8,000 TEU LNG dual-fuel vessels for two key reasons. Firstly, this is part of our ongoing efforts to optimise and renew our assets for greater operational efficiency. The new vessels will complement our existing fleet and support us in the enhancement of our connectivity to better meet the needs of our customers worldwide,” Lars Kastrup, CEO, PIL, said.
“Secondly, we have identified LNG as a commercially viable transition fuel solution and the new vessels, which will once again be LNG dual-fuel and ammonia ready, will contribute towards achieving our decarbonisation goal of attaining net zero carbon emission by 2050.”
PIL has selected Yangzijiang Shipbuilding for this contract due to its good track record.
Related: Singapore: PIL in newbuilding order for four LNG DF 14,000 TEU container vessels
Photo credit: Pacific International Lines
Published: 7 July, 2022
Bunker Fuel
China: Zhoushan to host 7th IPEC commodities, bunker conferences on 16 to 17 October
Global marine bunker development will be among main topics of discussion at the 7th International Petroleum and Natural Gas Enterprises Conference (IPEC).
Published
1 day agoon
October 11, 2024By
AdminThe 7th International Petroleum and Natural Gas Enterprises Conference (IPEC) is taking place at Zhoushan, Zhejiang province, China between 16 to 17 October.
The agenda, provided by the Zhoushan High-tech Zone Administrative Committee to foreign event media partner Singapore bunkering publication Manifold Times, is as follows:
16 October
- Registration and sign-in for participating guests
- Meetings between Zhejiang Provincial and Zhoushan Municipal leaders with VIPs
17 October
Morning
Plenary Session of the Conference (Oriental Hall, Zhoushan International Conference Center)
- Leader’s speech, guest keynote speech, signing of major projects
Discussion Topics [*17 October, 2pm to 5pm]
Focus Topic Meeting: Global marine bunker development*
Location: Haitian Hall, Haizhongzhou International Hotel, Zhoushan
14:00-14:05 - Opening of the Meeting
14:05-14:15 - Speech by Leaders
14:15-14:30 - Announcement of "Top Ten Global Bunkering Ports" and "Top Ten Global Bunkering Companies"
14:30-14:40 - Announcement of Construction Work of Northeast Asia Bonded Marine Fuel Bunkering Hub
14:40-14:50 – Launch ceremony of Zhoushan "White-list" Bunker Barge Mass Flow Meter System Pilot Certification Programme
14:50-15:10 - Signing Ceremony
15:10-16:10 - Keynote speech
16:10-16:35 - Coffee break
16:35-17:05 - Roundtable forum (Topic: Facing green and low-carbon transformation in global shipping, how do marine fuels change in response to the trend?)
17:05-17:35 - Roundtable forum (Topic: The road to develop high-quality offshore fuel bunkering metering under the new developments)
17:35-17:40 - Moderator’s summary
Utilising financial innovation, futures and spot cooperation to promote the construction of a hub for the allocation of bulk commodity resources*
Location: Putuo Hall, Zhoushan International Conference Center
Open development of global shipping trade*
Location: Donghai Hall, Hilton Zhoushan
International iron ore trade development*
Location: Banquet Hall 1/3, The Westin Zhujiajian Resort, Zhoushan
Development of China's new chemical materials industry during the “15th Five-Year Plan”*
Location: Banquet Hall 1/3, The Westin Zhujiajian Resort, Zhoushan
Development of non-ferrous metal mining industry*
Location: Lianhua Ocean Hall, Hilton Zhoushan
16 and 17 October
International maritime law of the free trade port (zone)
Location: Fortune Hall, Zhoushan CaiFu Hotel
Photo credit: Zhoushan High-tech Zone Administrative Committee
Published: 11 October, 2024
Alternative Fuels
SIBCON 2024: Vitol anticipates securing LNG bunker licence in Singapore
‘It would be unthinkable not to deploy at least one of the three barges Vitol has on order in Singapore,’ says Vitol’s Head of Asia Mike Muller during a panel discussion.
Published
2 days agoon
October 11, 2024By
AdminEnergy trader Vitol’s Head of Asia Mike Muller on Wednesday (9 October) said the company is anticipating being granted a LNG bunker licence in Singapore soon.
“It would be unthinkable not to deploy at least one of the three barges Vitol has on order in Singapore,” he said.
Mike Muller made the announcement during the Viewing the Energy Transition Through the Lens panel discussion at the 23rd Singapore International Bunkering Conference (SIBCON).
“We expect to see growth in LNG use as a bunker fuel for at least another decade, and probably longer,” he added.
On the increasing uptake of biofuels, he said Vitol is seeing demand for biofuel blended bunkers in Singapore roughly doubling every year at the moment, heading for around 1 million mt this year and maybe 2 million mt next year.
“Demand for 100% biofuel from shipping customers is also starting to pick up as of this year and we have led the way in commissioning new IMO type 2 barges to fulfil this demand - indeed an important Asian customer of ours has taken three deliveries of B100 UCOME biofuel just in recent weeks here in Singapore,” Muller explained.
Manifold Times previously reported Vitol securing three LNG Bunkering Vessels (LNGBV) through its shipping company, Vitol International Shipping Pte Ltd (VIS).
The vessels were secured via a seven to ten year time charter agreement with Avenir LNG Limited (Avenir) and an order for two vessels at the CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.
The time charter agreement with Avenir is for one newbuild 20,000m3 LNGBV. The time charter will commence at delivery from the shipyard in China in Q4 2026 and will serve a period of seven years with options to extend up to ten years in total
Vitol also ordered one 12,500 m3 and one 20,000 m3 LNGBV at the CIMC SOE shipyard in China. The vessels will be delivered in Q4 2026 and Q3 2027 respectively.
Related: Vitol secures LNG bunker vessel trio with time charter deal and newbuilding order
Photo credit: Vitol
Published: 11 October, 2024
Methanol
Methanol Institute: Expanding global capacity and strategic developments (Week 40, 30 Sep to 6 Oct 2024)
This week was dominated by the outcome of the IMO MEPC which considered proposals for mid-term policy measures capable of driving an energy transition in international shipping down to just three options.
Published
2 days agoon
October 11, 2024By
AdminThe Methanol Institute, provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:
The news agenda this week was dominated by the outcome of the IMO Marine Environment Protection Committee (MEPC) which considered proposals for mid-term policy measures capable of driving an energy transition in international shipping down to just three options, with a likely greenhouse gas (GHG) reduction pathway selected next year.
A majority of IMO member states are now understood to be in favour of a levy on carbon emissions but the lack of urgency remains an issue. Observers recognised that support for such a mechanism should be optimistic based on the meeting’s outcome though no action should be expected before 2025.
Methanol marine fuel related developments for Week 39 of 2024:
CPG Bunkering Expands Mozambique Operations with New Tanker and Capacity Upgrade
Date: September 30, 2024
Key Points:
CPG Bunkering has expanded its capacity at the Port of Maputo in Mozambique by adding a new delivery vessel, the CPG Alma, under an extended agreement with the Maputo Port Development Company. The expansion allows for reliable at-berth supplies and more efficient service for increased bunker-only calls. Additionally, the company will evaluate the potential supply of alternative bunker fuels, such as biofuels, LNG, methanol, and ammonia, during the extension period to support future green fuel adoption.
ESL Shipping Emphasizes Urgency for New Fuels to Meet Decarbonization Goals
Date: October 1, 2024
Key Points:
ESL Shipping’s Managing Director, Matti-Mikael Koskinen, highlighted the urgent need for new fuel options to meet decarbonization targets, as discussed at the IMO MEPC82 meeting. ESL is committed to achieving net-zero emissions by 2040 and is exploring a range of alternative fuels including LNG, bio-gas, and methanol. The company’s approach varies based on vessel types and operational conditions, particularly in challenging ice-class routes off Finland. Koskinen stressed the importance of overcoming fuel availability and cost barriers to successfully transition to greener shipping solutions.
Vioneo to Use Green Methanol for Sustainable Plastics Production
Date: October 2, 2024
Key Points:
Vioneo, a new sister company to Maersk under AP Moller Holding, is set to produce sustainable chemicals and plastics using green methanol as a feedstock. The company will construct a 300,000 mt/year plant in Antwerp to manufacture polypropylene and polyethylene. This project marks a strategic expansion beyond methanol's use as a bunker fuel, leveraging green methanol for large-scale, fossil-free production of essential materials, reflecting Maersk's broader commitment to sustainability and innovation.
193 Alternative Fuel Ship Orders Placed in Q3, Led by LNG and Methanol
Date: October 3, 2024
Key Points:
According to the Ship & Bunker News Team, 193 new vessel orders including alternative propulsion were registered in the third quarter of 2024, with a majority focused on LNG and methanol. The container segment accounted for most of the orders, including 86 LNG-fueled and 39 methanol-fueled vessels. This growth, driven by the container and car carrier segments, highlights the industry's continued investment in alternative fuels to meet environmental regulations and future-proof fleet operations.
Peninsula to Boost Methanol Bunkering with Three New Tanker Charters from HTM
Date: October 4, 2024
Key Points:
Peninsula has entered into an agreement with Hercules Tanker Management (HTM) to charter three newly ordered 7,700 DWT methanol-capable chemical tankers, currently being built at the Jiangmen Hangtong Shipyard in China. The vessels, set for delivery in Q2 2025, will support the company's strategy to expand its alternative fuel bunkering services. This partnership enhances Peninsula’s capability to deliver biofuel blends and methanol, ensuring readiness for future green fuel demand.
IMO MEPC 82: DNV Highlights Progress on Net-Zero Framework Negotiations and Emission Control Areas
Date: October 7, 2024
Key Points:
The 82nd session of the IMO Marine Environment Protection Committee (MEPC 82) focused on advancing the development of a net-zero framework for the maritime industry. Delegates discussed strategies to achieve net-zero GHG emissions by 2050, including establishing a GHG fuel intensity standard, which would set clear emission reduction targets for vessels. The committee also considered a new GHG pricing mechanism to incentivize low-carbon fuel adoption.
Additionally, amendments to MARPOL Annex VI were adopted, designating new Emission Control Areas (ECAs) in the Norwegian Sea and Canadian Arctic, which will implement stricter emission regulations starting in 2026-2027. The session also addressed technical and operational measures to improve energy efficiency, reflecting the IMO's commitment to enhancing sustainability in shipping operations globally. DNV emphasized that while progress has been made, negotiations will continue to refine and finalize the proposed net-zero framework in upcoming sessions.
For more details, visit the full article here.
Photo credit: Methanol Institute
Published: 11 October, 2024
China: Zhoushan to host 7th IPEC commodities, bunker conferences on 16 to 17 October
SIBCON 2024: Vitol anticipates securing LNG bunker licence in Singapore
SIBCON 2024: Bunker players sign SCMA pledge to drive progress within Maritime Singapore
SIBCON 2024: Minerva Bunkering acquires Bomin Group, expanding US operations
Study finds OCCS could reduce up to 20% CO2 emissions on “Stena Impero”
Methanol Institute: Expanding global capacity and strategic developments (Week 40, 30 Sep to 6 Oct 2024)
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