Disclaimer: An online translation service was used in the production of the current editorial piece.
Sinopec Shengli Oilfield Co on Thursday (10 September) said it has established a long-term partnership with Sinopec Qingdao Petrochemical to guarantee the supply of raw materials to Qingdao Petrochemical to blend low-sulphur bunker fuel.
Shengli Oilfield said it has overcome the covid-19 epidemic prevention and control with safety procedures, and has been supplying low-sulfur crude oil to Qingdao Petrochemical since March, 2020.
In order to further improve the supply capacity of low-sulphur heavy crude oil, Shengli Oilfield said it has made major adjustments to the crude oil storage and transportation system to ensure that the low-sulphur crude oil can be transported directly to the Dongying crude oil depot.
Shengli Oilfield added that it is looking to establish a long-term partnership with Qingdao Petrochemical, and jointly contribute to Sinopec’s vision of being an industry leader for clean fuels.
Photo credit: Keith Mulcahy
Published: 15 September, 2020
‘FONARs remain a tool of last resort and are not something that a ship will be able to use routinely.’
Survey will run for a year until 1 May 2022 and information gathered will help identify areas in the fuel supply and management chain that need improvement.
The company stressed that scrubbers was just one of several elements of the company’s overall 2020 fuel sourcing strategy.
Hydrocarbon vapours and oxygen deficiency in bunker tanks among major causes of fatalities in activity.
No reason why IMO should not quickly agree on low hanging fruit such as speed optimisation measures.
Refinery Automation Institute Vice President and CFO highlights the majority of blenders and shipowners calculate bunker blend component properties linearly.
KPI OC seeking to recover debt of USD 805,602.15 over five bunker deliveries, not including accrued interest of about USD 363,000 since 15 September, showed court documents obtained by Manifold Times.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
