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Singapore: Tallinn-based Arte Bunkering seeks repayment of USD 222,000 from charterer of “Victor 1”

Bunker claim was regarding the supply and delivery of RMG380 to the demise charter of the India-flagged oil tanker on 24 February 2022 at Yosu port, according to court documents obtained by Manifold Times.

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Tallinn-based bunker and marine lube trading company Arte Bunkering OÜ is seeking repayment of a bunker claim from the demise charterer of the India-flagged Victor 1 (IMO NO. 9283722) at the High Court of the Republic of Singapore, according to court documents obtained by Manifold Times.

Arte Bunkering, in its originating claim filed on 13 April, is seeking an unpaid USD 222,000 (not including contractual interest and delayed payment administration fee) for the supply and delivery of 300.000 metric tonnes (mt) of 0.5% sulphur max RMG 380 cSt grade to the demise charterer or vessel at Yosu port on or about 24 February 2022.

On 14 April, the solicitors of the bunker trading firm sent a letter to the Sheriff’s Office saying it understood the ship was judicially sold on or around 16 January 2023 with the proceeds of the sale being presently held by the court.

On 27 April, the solicitors representing the demise charterer filed a notice of intention stating they will contest Arte Bunkering’s originating claim.

Related: Singapore: “Victor 1” auctioned for SGD 15.4 million in admiralty action

 

Photo credit: Manifold Times
Published: 26 May, 2023

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LNG Bunkering

CLPe and CNOOC form joint venture to offer LNG bunkering in Hong Kong

Joint venture will sell and supply LNG as bunker fuel to ships in port of Hong Kong, supporting the development of the LNG fuel bunkering sector in Guangdong-Hong Kong-Macao Greater Bay Area.

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CLPe and CNOOC form joint venture to offer LNG bunkering in Hong Kong

CLPe Holdings (CLPe), CLP Group’s wholly-owned subsidiary, recently signed a Cooperation Framework Agreement with China National Offshore Oil Company Guangdong Water Transport Clean Energy Company Limited (CNOOC) on the formation of a joint venture to provide liquefied natural gas (LNG) fuel bunkering services in the port of Hong Kong.

Under the agreement between CLPe and CNOOC, the planned joint venture will sell and supply LNG as bunker fuel to ships in the port of Hong Kong, supporting the development of the LNG fuel bunkering sector in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and further consolidating Hong Kong’s position as a leading international maritime centre.

Separately, CLPe signed an agreement to extend its partnership with TELD New Energy Company Limited (TELD) on electric vehicle (EV) charging and other innovative energy services in the GBA.

“The two agreements will bring together the industry-leading expertise and experience of CLP and our partners to enable the transportation sector’s low-carbon development in the GBA, aligning with the Action Plan on Green Maritime Fuel Bunkering recently issued by the Hong Kong Government, which promotes the city’s growth as a high-quality green maritime fuel bunkering centre to steer the shipping industry’s smart and green transformation,” said CLP Holdings Limited Chief Executive Officer and Executive Director T.K. Chiang. 

Hong Kong-listed CLP Holdings Limited is the holding company for the CLP Group, which has a diversified portfolio of generating assets that uses a wide range of fuels including coal, gas, nuclear and renewable sources

“The superior capabilities of CNOOC and TELD will help CLP expand our energy infrastructure and solutions business in the GBA, and deliver the best technologies and services to LNG fuel bunkering and EV charging customers.”

Related: Hong Kong unveils action plan to become green maritime bunkering centre

 

Photo credit: CLP Group
Published: 4 December, 2024

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Methanol

VPS examines methanol as a marine fuel for decarbonisation

Steve Bee of VPS explores methanol’s potential as a bunker fuel, the challenges ahead, industry standards to support its usage and VPS’s role in supporting this transition.

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Steve Bee, Commercial Director of marine fuels testing company VPS, on Tuesday (3 December) explored methanol's potential as a marine fuel, the challenges ahead, industry standards to support its usage and VPS's role in supporting this transition: 

Introduction

It’s very apparent, global shipping’s drive to decarbonise is well underway. The ship-building profile is changing dramatically, highlighted by the 2023 order book showing 539 new builds capable of running on low-to-zero carbon fuels, being ordered. This equates to 45% of all orders in terms of gross tonnage. LNG dual-fuel vessels are currently the most popular vessels of choice, but Methanol-capable vessels have gained traction. Looking at Jan-Sept 2024, 49% of the gross tonnage on order was for vessels configured to be alternative fuels ready, with this specific order book growing by 24% year on year. It’s obvious that shipping is keeping its options very much open and looking for as much flexibility as possible, when it comes to the fuel choices for its ships.

The industry currently bunkers 230 Million mt of fuel per year. Burning this fuel equates to emissions of 716M mt of CO2-equivalent, as the majority of the fuel burnt continues to be traditional fossil fuels. However, the list of environmental legislation and directives to reduce emissions from shipping is ever-increasing in order to reduce SOx, NOx, Particulate Matter, CO2, Methane and other Green House Gases.  It is this regulatory demand which is driving the developments of numerous alternative low-to-zero carbon fuels for marine use.

VPS has been and continues to be, at the forefront of fuels research & development and continues to pioneer and develop test methods for such fuels.

Methanol bunkers and bunkering facilities are growing with 13 ports now offering methanol. But this methanol is predominantly grey, and Tank-to-Wake emissions from grey methanol are similar to conventional fossil fuels. The maritime sector must look to use the sustainable “green” methanol options of e-methanol, bio-methanol, or blue methanol:

VPS examines methanol as a marine fuel for decarbonisation

IRENA forecast e-methanol will reach a production level of 250M mt and bio-methanol will reach 135M mt by 2050. 

Currently we see 39 methanol-powered ships on our sees, but a further 262 are on order.

As with all fuels, there are numerous pro’s and con’s to using methanol as a marine fuel: 

Methanol fuel handling and management is certainly easier than that for LNG, with retrofit costs being less expensive and easier. Plus, green methanol sources offer almost near-zero GHG emissions.

In terms of ECA compliance Methanol conforms to SOx, NOx and PM content. It is biodegradable, miscible with water and a liquid at atmospheric pressure, all of which are positive factors in terms of fuel management and handling.

As demand grows, methanol should become more cost competitive, with increasing number of ports providing methanol.

However, methanol has half the energy of maritime’s current fossil fuels and a Flash Point of only 12ºC. Current availability of green methanol, is still an issue, yet this year industry news has highlighted that some green methanol projects have been cancelled, eg one in Antwerp (Orsted) and Flagship-One in Sweden.

Over the past 2 years, VPS have made significant investments in CAPEX for new laboratory equipment, plus the training of laboratory staff, technical advisors and bunker quantity surveyors, in order to survey, sample and test methanol bunkers.

The summer of 2023 saw VPS act the partner of choice to Maersk and undertook work during the maiden voyage of the Laura Maersk. We surveyed, sampled and tested, the methanol loadings in Singapore, Port Said and Rotterdam. As part of the requirements, changes to bunkering practices and procedures included heightened H&S processes, increased levels of tank cleaning, the use of closed-sampling devices and the use of biofuel as the pilot fuel, which also required testing. Testing was under the International Methanol Producers and Consumers Association (IMPCA) specification, with the results all on specification from all three loadings.

Since then, VPS has also worked with OCI covering similar work on the ECO Maestro.

In October 2024, it was announced at SIBCON-24, that Singapore will release a new technical reference standard for Methanol before year end, which covers fuel transfer, quality and quantity measurements as well operational and safety instructions as well as crew training. VPS has been closely involved in the development of this new Methanol Standard by being part of the Working Group.

This same group will also release a similar standard for Ammonia in 2025.

The announcement from Singapore was followed by a further notification from the International Standards Organisation (ISO) in November 2024. The ISO announcement highlighted the release of the publication of the first edition of their international standard for methanol as marine fuel, ISO 6583:2024.  This standard sets the requirements and limits for three methanol grades for marine: MMA, MMB and MMC. It uses the IMPCA specifications as a starting point, with some properties less critical for marine and other fuel related aspects not covered. Grade MMC allows for wider tolerances in certain characteristics compared to MMB, while MMA includes additional requirements for lubricity and cleanliness. The new Singapore Methanol Standard will make reference to the ISO 6583 for quality requirements under its custody transfer section.

Summary

As decarbonisation and legislation drives the development of low-to-zero carbon fuels, demand for methanol will grow as it provides an excellent way to achieve immediate reductions of emissions compared to fossil fuels.

VPS are experienced in providing methanol surveying, sampling and testing work and capable of offering key technical support to our customers.

All of this is evidence that the global shipping industry is well on its way and intent on delivering upon its decarbonisation goals, but with many challenges still to overcome.

Related: SIBCON 2024: Singapore launches two new bunkering standards, revises third benchmark
Related: ISO publishes international standard for methanol as a marine fuel

 

Photo credit: VPS
Published: 4 December, 2024

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Shipping Corridor

Ports of Tyne and IJmuiden launch Green North Sea Shipping Corridor project

Success of the project will drive the development of port infrastructure for electrification and the bunkering of clean powered vessels, says Matt Beeton, CEO at Port of Tyne.

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Ports of Tyne and IJmuiden launch Green North Sea Shipping Corridor

Port of Tyne on Tuesday (3 December) said it launched a new project to create the Green North Sea Shipping Corridor, between the Port of Tyne in North East England and the Port of IJmuiden, situated directly by the sea at the entrance to the North Sea Canal Area and close to Amsterdam. 

The port said the project is part of a GBP 9million (USD 11.4 million) investment announced by Maritime Minister Mike Kane in October, to decarbonise shipping and turbocharge green jobs, from which the port was successful in winning the International Green Corridors Fund.

During a visit, representatives from each organisation which includes the two ports as well as Copenhagen-listed transport and logistics company DFDS, London-listed environmental, engineering and strategic consulting company Ricardo plc and maritime data and communication provider KSVA, set in motion the scheme.

“This initiative aligns with the partners’ commitment to sustainability and plans for DFDS to target a significant reduction in CO2 emissions, by transitioning to methanol-fuelled RoRo/RoPax vessels, driving the shift towards a greener future for global trade,” Port of Tyne said in a social media post. 

Separately, Ricardo said it will be the lead environmental consultancy in the next phase of the development of the green corridor project. 

“Ricardo will provide its expertise and insight in sustainable shipping and low-carbon fuels choice to help determine a viable path for decarbonisation between the two ports,” the firm said. 

Matt Beeton, CEO at the Port of Tyne, said: “This initiative represents another step forward for the port in our sustainability journey. By establishing this green corridor between the Port of Tyne and the Port of IJmuiden, we aim to significantly reduce carbon emissions between the Northeast of England and northern Europe, with the aim of saving up to 850,000 tonnes of CO2 annually.”

“The success of this project will bring more green jobs to the region and drive the development of port infrastructure for electrification and the refuelling of state-of-the-art clean powered vessels.”

Peter van de Meerakker, Managing Director of Zeehaven IJmuiden N.V. - Port of IJmuiden, said: “With the ‘zero emission’ new tonnage of DFDS, we are taking an important step forward, since a lot still needs to be done on both sides of the North Sea and this project helps enormously speed up and achieve our goals.”

 

Photo credit: Ricardo
Published: 4 December, 2024

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