It is “almost impossible” to compare the bunker figures for 2021 with those of five years ago, highlighted the Port of Rotterdam Authority on Friday (21 January).
The organisation noted an increasing variety of bunker fuels becoming available in the marine fuels market in 2021; where it also saw the introduction of methanol bunkering.
“For the first time, there was also a reason to count bio-blend fuels separately,” it states.
“LNG bunkering is on the rise, although this increase was briefly halted by the price development. In December, LNG saw a price increase of over 300%.
“We will have to wait a little longer for hydrogen, but the use of ammonia as a fuel seems likely to happen in three years’ time, once the first sea-going vessels start using it.
“The port is preparing for the safe bunkering all these new shipping fuels.”
The key takings from the 2021 bunker figures are set out below:
Note: Manifold Times readers will be able to view the quarterly bunker sales for Rotterdam port at the link here.
Photo credit: Methanol Institute
Published: 24 January, 2022
‘MFMs will continue to have a place within the bunkering sector even when the shipping industry continues to adopt new types of marine fuels, such as LNG, biofuel, methanol, ammonia and hydrogen,’ states spokesman.
Current ISO 8217 bunker fuel standard not comprehensive enough for biofuels; National Mirror Committee working with local players to develop more comprehensive biofuels standard for Singapore, says Capt. Rahul.
‘There are some important differences between VLSFO and biofuels, and as a result, parties should consider whether additional changes should be made to biofuel bunker contracts,’ says Paul Collier.
Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.