Disclaimer: An online translation service was used in the production of the current editorial piece.
SK Energy, the oil refining subsidiary of SK Innovation, has started production of very low sulphur fuel oil (VLSFO) from its Ulsan refinery, it said in an official note on Sunday (29 March).
The Vacuum Residue Desulphurisation (VRDS) unit of the refinery underwent final commissioning on 14 March and “started commercial production in earnest,” it highlighted.
A total 240 kilometres (km) of pipeline and electrical cables – roughly the distance from Seoul to Ulsan – was needed for the construction of the VDRS unit.
It noted the project, finished three months before the deadline, took a total of 27 months and 14 days to complete. Neither accidents nor injuries were encountered during the construction period.
“We have succeeded in construction and commissioning in the shortest period of time despite the complex and difficult facilities, based on our know-how and technology accumulated for nearly 60 years since the operation of the first oil refinery and petrochemical plant in Korea,” said Moon Sang Pil, head of process innovation at SK Energy, who was in charge of the overall VRDS construction.
Editorial coverage by Manifold Times regarding a history of earlier developments leading up to the current story have been compiled below:
Related: SK Energy prepared to produce LSFO marine fuel from March
Related: SK Energy to offer green bonds for funding IMO 2020 refinery project
Related: SK Energy contracts Chevron Lummus Global for LSFO refining tech
Related: SK Energy to expand LSFO blending business by four times in 2020
The COVID-19 pandemic continues to evolve and MPA is working closely with other agencies to monitor the situation, both globally and in Singapore, the port authority tells Manifold Times.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.