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Singapore: GCMD develops calculator to explore IMO GFI-linked pricing system

Free cost and compliance calculator has been developed by its team based on the newly approved GHG emissions pricing framework by IMO’s MPEC 83 recently.

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Singapore: GCMD develops calculator to explore IMO GFI-linked pricing system

The Global Centre for Maritime Decarbonisation (GCMD) on Tuesday (15 April) introduced a free cost and compliance calculator that has been developed by its team based on the newly approved greenhouse gas (GHG) emissions pricing framework by the Marine Environment Protection Committee during its 83rd session (MPEC 83). 

The calculator will help maritime stakeholders explore how the two-tiered, GHG Fuel Intensity (GFI)-linked pricing system could impact operational costs.

GCMD said the buzz around International Maritime Organization’s MEPC 83 and the newly approved GHG emissions pricing framework has been intense — and understandably so.

“To help make sense of it, our CEO Prof. Lynn Loo started with handwritten trajectory calculations to break down the core workings,” it said in a social media post. 

“Building on that, our team has developed a simple, accessible cost and compliance calculator to help you explore how the two-tiered, GFI-linked pricing system could impact operational costs.”

The calculator is just one input—its results should be considered alongside other economic and operational factors to inform commercial decisions.

The tool covers covers heavy fuel oil (HFO), liquified natural gas (LNG), B24 biofuel, e-ammonia and bio-methanol.

“Whether you’re assessing fuel options, planning newbuilds, or just trying to get a feel for what this might mean for your operations — this tool offers a useful first-cut view. For added clarity, we’ve included the workings on the side so you can trace the calculation process,” GCMD added.

Note: GCMD’s cost and compliance calculator can be found here

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 16 April, 2025

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Milestone

Singapore: Equatorial conducts its first bio-blended LSMGO bunker fuel delivery of 2025

Several key challenges including product sourcing, sustainability certification, product handling, and logistics & planning had to be addressed to execute the complex operation, notes COO of Equatorial.

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Singapore: Equatorial conducts its first bio-blended LSMGO bunker fuel delivery of 2025

Singapore bunker supplier Equatorial Marine Fuel Management Services Pte Ltd (Equatorial) in early May carried out its first bio-blended B24 Low Sulphur Marine Gas Oil (LSMGO) bunker fuel delivery of 2025.

The milestone saw Equatorial’s Singapore-flagged 7,999 dwt IMO Type II bunker tanker EM Nikita delivering Used Cooking Oil Methyl Ester (UCOME) based LSMGO, blended to B24 spec, to an Orient Overseas Container Line (OOCL) operated vessel with its electronic bunker delivery note (eBDN).

“This milestone represents not just Equatorial’s first B24 LSMGO delivery, but also a significant step forward for sustainable marine fuel adoption in Singapore,” Choong Sheen Mao, Chief Operating Officer at Equatorial, told Manifold Times.

“It showcases our capability to evolve alongside the market and our commitment to providing certified, traceable, and high-quality biofuels to our customers.”

According to So Kah Meng, Sustainable Energy Manager at Equatorial, several key challenges including product sourcing, sustainability certification, product handling, and logistics & planning had to be addressed to execute the complex operation.

“Bio-blended LSMGO is significantly rarer in the market than bio-blended VLSFO due to limited production capacity, stricter blending requirements, and limited downstream demand. Equatorial secured supply through advanced procurement planning and leveraging trusted ISCC-certified upstream partners,” he explained.

“ISCC EU certification was essential to ensure traceability and regulatory compliance. Equatorial worked closely with its supply chain to ensure full documentation and sustainability verification ahead of the delivery schedule.

“Unlike bio-VLSFO, bio-blended LSMGO’s lower viscosity and pour point demanded additional considerations in tank pre-treatment and temperature control during transfer. Equatorial implemented specialised cleaning protocols and temperature monitoring to maintain fuel integrity.

“Coordination between our UCOME supplier, storage facility, barge planning, and receiving vessel was critical. Equatorial’s in-house technical and commercial teams worked closely with the Maritime and Port Authority of Singapore (MPA) and classification societies to ensure regulatory compliance and operational safety.”

Moving forward, Patrick Ng, Assistant Marketing Manager at Equatorial, believed the milestone operation was made possible by the favourable commercial maritime landscape under the supervision of MPA.

“Singapore’s strong regulatory framework, established bunkering infrastructure, and growing customer interest in low-carbon fuels have made it possible for projects like this to be commercially viable,” he stated.

“Equatorial is proud to contribute to Singapore’s decarbonisation leadership.”

Related: Singapore: President of Equatorial Marine Fuel Management Services receives ‘Industry Icon Award’
Related
: Singapore: Equatorial Marine Fuel launches sustainable energy business unit, commits towards multi-fuel future
Related: Singapore: Equatorial Marine Fuel conducts carbon credit trial with Carbon Management Solutions
Related: Singapore-registered bunker tankers can transport up to B30 biofuels from 7 March

 

Photo credit: Equatorial Marine Fuel Management Services
Published: 20 May 2025

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LNG Bunkering

Baleària arranges LNG bunkering operations on same day at Port of Barcelona

Occasion marked the first time three bunkering operations were carried out on three different ships on the same day at the same port in Spain.

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Baleària arranges three LNG bunkering operations on same day in Barcelona

Spanish shipping company Baleària on Thursday (15 May) said it broke an all-time record for the supply of liquefied natural gas (LNG) with the bunkering of three of its vessels in the port of Barcelona.

The occasion marked the first time three bunkering operations were carried out on three different ships on the same day at the same port in Spain.

The company said the three vessels were fuelled with a total of 2,320 MWh of LNG by eight tankers. 

Fast ferry Margarita Salas was fuelled by three tankers simultaneously. Ferry Martín i Soler was fuelled by two tankers and ferry Bahama Mama was bunkered by another three tankers also. 

“Our commitment to LNG grew by 184% in 2024. Combined with electric propulsion and other eco-efficiency measures, we have managed to reduce our carbon footprint by almost 10% per passenger,” it said. 

 

Photo credit: Baleària
Published: 19 May, 2025

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Bunker Fuel

Vitol launches VLSO and MGO bunker fuel deliveries by barge in West Africa

Latest expansion means that Vitol Bunkers now serves customers in locations across Asia, Australia, Africa, Europe, Middle East and North America.

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Vitol to offer new FuelEU compliant co-processed VLSFO bunker fuel

Marine fuel supplier Vitol Bunkers on Friday (16 May) said it has started supplying bunkers by barge to the West Africa (WAF) region.

The company said it has started with initial deliveries of Very Low Sulphur Fuel (VLSFO) and Marine Gasoil (MGO) and plans to expand its offering to the full spectrum of marine fuels.

“Bunkering by barge offers flexibility of location, taking place wherever there is a need, including Dakar and offshore Lomé,” it said in a statement. 

The latest expansion means that Vitol Bunkers now serves customers in locations across Asia, Australia, Africa, Europe, the Middle East and North America.

Ammar Hussaini, Vitol Bunkers, said: “Supplying bunkers by barge to the WAF market allows us to support our customers flexibly in the location and with the fuels that they need.”

Related: Vitol and Grindrod announces winding down of bunkering firm Cockett
Related: Vitol to offer new FuelEU compliant co-processed VLSFO bunker fuel

 

Photo credit: Vitol
Published: 19 May, 2025

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