Alternative Fuels

SIBCON 2022: KPI OceanConnect host Maritime Energy Transition Symposium 2022

Collaboration, transparency and building trust will be key drivers for success in view of increased regulation and pressure on the shipping industry to decarbonise.

Published

3 years ago

October 25, 2022

Admin

KPI OceanConnect on Thursday (20 October) said collaboration, transparency and building trust will be key drivers for success in view of increased regulation and pressure on the shipping industry to decarbonise and operate more sustainably that is rapidly transforming the marine fuel supply chain.

During Maritime Energy Transition Symposium 2022 at SIBCON 2022, discussions were held on how the maritime industry is transforming and how to make positive strides to create a more sustainable future.

More than 60 participants from various shipping segments joined the firm and its industry experts to share knowledge and learn about the latest environmental regulations, as well as pathways to initiating decarbonisation in the short-term, and develop long-term future fuel strategies.

In the opening address, CEO Anders Grønborg took to the stage to talk about the current marine fuels landscape and KPI OceanConnect’s position as a financially strong partner with a global presence.

“This position has recently been reinforced with the recent development of Bunker Holding’s Global Accounts unit becoming part of KPI OceanConnect,” the firm said.

“This move further increases our capabilities to work in real partnership with our clients, providing expert and innovative counsel on how their businesses are being impacted by the market dynamics and working with them to implement solutions that are right for their operations.”

Joining the symposium to share their thoughts and opinions on the shipping industry’s decarbonisation journey were fellow sector leaders Eirik Nyhus, Director of Environment and Martin Christian Wold, Principal Consultant at DNV GL, as well as Sverre Bjorn Svenning, Director of Maritime Research at Fearnleys AS and Ed Glossop, Head of Sustainable Operations at Bunker Holding Group.

Each speaker presented various elements of the marine energy transition to share insights with the group. Eirik provided an overview of the regulatory pathway for shipping, including the emerging legalisation from both the International Maritime Organization and European Union level.

Sverre spoke about the developments of technical solutions for the decarbonisation of shipping, and the measures ship owners and operators should be considering for their fleet. Martin delivered a presentation on the road to 2050, using key findings from the DNV Maritime Energy Outlook to 2050. Ed concluded the symposium by sharing insights into KPI OceanConnect’s recent developments and positioning to support our customers and the wider market through the energy transition.

Alongside increased regulation, there was widespread agreement that the main drivers for decarbonisation include significant pressures from the financial community, cargo owners and charterers, who are all demanding more transparent and sustainable supply chains.

And while zero-carbon sources of energy (as well as more efficient vessels) is central to delivering this, owners and operators need to act now in developing pathways to decarbonisation.

Achieving this will require collaboration and having the right partners to support the development of the most effective and impactful fuel and energy procurement strategy for both now and the long-term.

“This is where KPI OceanConnect excels. We are confident that with our knowledge and experience, we will help all our current and future customers manage the complexities of the industry’s energy transition,” the company said.

Manifold Times is an official media partner of SIBCON 2022; a series of articles related to the event written by the Singapore bunkering publication are as follows:

Photo credit: KPI OceanConnect
Published: 25 October, 2022

Biofuel

Chimbusco and SPG complete first biofuel bunkering operation in Northern China

Chimbusco’s “DA YUAN YOU 8” tanker refuelled the “HMM VANCOUVER” with 1,300 metric tonnes of B24 biofuel at Qingdao Port.

Published

3 days ago

June 20, 2025

Admin

Chimbusco and SPG achieves first biofuel bunkering operation in Northern China

China Marine Bunker (PetroChina) Co Ltd (Chimbusco) and Shandong Port Group (SPG) recently said they successfully completed the first B24 biofuel bunkering operation in Northern China on 14 June.

Chimbusco’s “DA YUAN YOU 8 ” tanker refuelled the “HMM VANCOUVER” with 1,300 metric tonnes (mt) of B24 biofuel at Qingdao Port.

Chimbusco said the successful bunkering operation not only marks a milestone in the bonded biofuel bunkering business for international voyage vessels in northern China but also represents a critical milestone in the green and low-carbon transformation of the shipping industry around the Bohai Sea and throughout northern China.

B24 biofuel is a blend of 24% waste cooking oil and 76% high-sulphur fuel oil. Authoritatively certified, the company said this fuel can significantly reduce carbon emissions from vessel operations by up to 20%, providing shipowners with an efficient and convenient low-carbon solution to comply with increasingly stringent International Maritime Organization (IMO) emission reduction regulations.

Since the beginning of this year, Chimbusco said it has achieved top records of bunkering volumes in the green fuel sector. From the first successful operation at Ningbo-Zhoushan Port in eastern China to subsequent bunkering operations in Shenzhen, Xiamen, and other major ports across the country, the company has further consolidated its regular supply capabilities.

During this in-depth cooperation with SPG’s Qingdao Port, Chimbusco’s “Green Energy Label” made its debut at the operation site.

“This further confirms that Chimbusco is deploying green fuel bunkering services to help Chinese ports accelerate the construction of a maritime green energy supply network,” the company said.

Photo credit: Shandong Port Group
Published: 20 June, 2025

Ammonia

Korea to develop global standards for discharge of toxic effluent from ammonia-fuelled ships

KR and major Korean shipyards such as HD Hyundai Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Samho and Samsung Heavy Industries will be part of the group.

Published

3 days ago

June 20, 2025

Admin

Korea to develop global standards for discharge of toxic effluent from ammonia-fuelled ships

Classification society Korean Register (KR) said it has launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fuelled ships.

Major Korean shipyards such as HD Hyundai Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Samho, Samsung Heavy Industries, Hanwha Ocean, and the Korea Testing & Research Institute (KTR) will be part of the group.

KR said ammonia is attracting attention as an eco-friendly alternative fuel that does not emit carbon dioxide, a greenhouse gas, but due to its strong toxicity and concerns about marine pollution, it is essential to establish separate safety standards.

In particular, ammonia effluent generated from wet treatment systems currently has no clear treatment standards, which causes considerable technical and operational uncertainty in ship design and operation.

Accordingly, the group aims to establish international standards related to the storage, treatment, and discharge of ammonia wastewater generated from ships and to officially propose this to the International Maritime Organization (IMO) through the Korean government.

The launch of this consultative body is a follow-up measure to a proposal by KR and the Korean government to the IMO in 2024 for the need to establish safety standards for ammonia effluent, which was officially approved at the 83rd IMO Marine Environment Protection Committee (MEPC) in April 2025. The group plans to propose a draft standard to the IMO in 2026 and lead international discussions.

Kim Tae-seong, Head of the KTR headquarters, said: “We will provide reliable scientific data to establish ammonia wastewater management guidelines and treatment standards. We will actively cooperate to secure the international competitiveness of the domestic shipbuilding and shipping industries.”
Kim Kyung-bok, Vice President of KR, said: “This consultative body is a symbolic case of our shipbuilding and shipping industries joining forces to lead the establishment of international safety standards based on our country’s advanced technologies.”

“KR will continue to support the development of alternative fuel safety standards and international standardisation efforts together with our government.”

Photo credit: Korean Register
Published: 20 June, 2025

Alternative Fuels

Fratelli Cosulich and IINO Lines to collaborate on alternative bunker fuels

Fratelli Cosulich Marine Energy and IINO Lines signed a MoU, setting a foundation for further collaboration in the areas of methanol, LNG, and ammonia bunkering.

Published

3 days ago

June 20, 2025

Admin

Fratelli Cosulich Marine Energy and IINO Lines on Thursday (19 June) announced a strategic cooperation that reinforces their shared commitment to the decarbonisation of the maritime industry.

The two companies have signed a Memorandum of Understanding (MoU) to explore new business opportunities in the alternative marine fuels sector.

“This agreement marks a significant step in the long-standing relationship between the two companies and sets the foundation for further collaboration in the areas of methanol, LNG, and ammonia bunkering,” Fratelli Cosulich said.

Through the MoU, the parties will engage in joint initiatives, exchange market insights, and facilitate connections with potential suppliers and stakeholders in the alternative fuels space.

“We are proud to announce the partnership with Fratelli Cosulich for initiatives in alternative marine fuels. Both companies have extensive history in the shipping industry,” said Yusuke Otani, President of IINO Lines.

“The joint development will enable a holistic approach for building a supply chain of alternative marine fuels.”

“As we navigate the energy transition, partnerships like the one we announce today with IINO Lines are essential in shaping the future of sustainable shipping,” said Timothy Cosulich, CEO of Fratelli Cosulich Group.

“By combining our expertise and resources, we aim to drive the adoption of cleaner marine fuels and contribute to the decarbonization of global shipping.”

Photo credit: Scott Graham
Published: 20 June, 2025