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S&P Global Commodity Insights announces key speakers and agenda for FUJCON 2023

Key decision makers, thought leaders and marine experts will share their views, analysis and insights on global bunker and fuel oil market developments and future bunker fuels development.

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S&P Global Commodity Insights recently announced further details of the 13th International Fujairah Bunkering & Fuel Oil Forum (FUJCON 2023), to be held at the Novotel Fujairah on 13 to 15 March 2023.

Jointly hosted by the Department of Industry & Economy, Government of Fujairah and Port of Fujairah, with the support of Fujairah Oil Industry Zone, FUJCON is rapidly gathering momentum with key speakers from the leading oil and bunker companies.

Following a record oil handling year in 2022, Fujairah will see new storage projects kick-off during 2023 with current storage capacity standing at 11.1 million cbm. The investments will further strengthen its position as one of the Middle East’s largest storage, trading and bunkering hubs, which saw close to 12,500 vessels calling at the Fujairah Offshore Anchorage Area in 2022. 

Furthermore, the port will commission its new dry bulk export facility in Dibba, adding an initial 18 million tonnes of aggregate handling capacity. The Etihad Rail project will complete its connection inside the Port of Fujairah and link Fujairah with other key economic zones in the United Arab Emirates for the movement of containers and general cargo.

The UAE Energy & Infrastructure Minister, His Excellency Eng. Suhail Mohamed Al Mazrouei, will deliver a ministerial address on the opening day of the forum on March 14, 2023. Following the ministerial address, other eminent thought leaders will also provide state of the industry addresses, including:

  • Dave Ernsberger, Head of Market Reporting & Trading Solutions, S&P Global Commodity Insights, is to deliver the State of the Marine Fuel Alternatives
  • Tyler Baron, CEO, Minerva Bunkering will deliver the State of the Bunkering Outlook

Through presentations and roundtable discussions, key decision makers, thought leaders and marine experts will share their views, analysis and insights on the global bunker and fuel oil market developments, as well as challenges and steps to be taken by the marine industry in facing the future fuels development.

Under the theme The Maritime Energy Transition and Future Fuels, the two-day forum will provide a packed agenda featuring seven sessions. Speakers will also explore the energy transition and carbon reduction requirements, which are forcing a paradigm shift in the maritime industry and affecting the bunkering and fuel oil sectors.

The debate and discussion on the first day, March 14, will cover a range of topics, including: decarbonization and the role of finance in the shipping industry; market developments and Fujairah’s future fuel options from the supply, operational, environmental and economic  perspectives; fuel oil trade flows and pricing trends; as well as operational challenges and technological developments.

On the second day, March 15, speakers will continue to interact with topics, including: global carbon tax or State vs IMO regulations; contract terms and rules on carbon neutral cargoes; role of LNG in the decarbonization pathway; decarbonization options for maritime operations; demand for biofuels and methanol supplies; as well as terminal infrastructure changes to handle storage of alternative fuels. The forum will be closed with offshore site visit to the Port of Fujairah.

Dr Mohammed Saeed Al Kindi, Chairman, FUJCON Steering Committee, said: "The hosting of the much anticipated in-person FUJCON 2023 affirms the commitment of the Department of Industry & Economy, Government of Fujairah, and the Port of Fujairah as hosts, to provide a meeting ground for important dialogue, deliberation and discussion.”

“These have been the distinguishing features of FUJCON since its inception and it continues to provide a fitting stage for a world class event on the international bunkering community’s annual calendar. The Forum will integrate both industry leaders and practitioners, delivering high level content, industry know-how and technical insights to stakeholders and participants, who will once again engage and network face-to face."

FUJCON 2023 has received support and sponsorship from leading marine and bunkering brands including platinum sponsor Peninsula, corporate sponsors ADNOC Logistics & Services, ARIA COMMODITIES, Axiom Global, Fujairah Oil Terminal, GPS Chemoil, Montfort, Sinopec Fuel Oil,

Vopak Horizon Fujairah, VTTI, and VPS as well as function hosts Port of Fujairah, National Bank of Fujairah, Intertek and AKRON. The 2023 event is also supported by BIMCO, INTERTANKO, IBIA and Institute of Chartered Shipbrokers.

Note: For more information about FUJCON 2023, please visit www.fujcon.com 

 

Photo credit: S&P Global Commodity Insights
Published: 21 February, 2023

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Biofuel

GCMD concludes its final biofuel blend supply chain trial with Hapag-Lloyd

bp provided the B30 biofuel blend to the “TIHAMA”, a 19,870 TEU container vessel operated by Hapag-Lloyd in final trial; marks the end of a series of trials initiated in July 2022.

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GCMD concludes its final biofuel blend supply chain trial with Hapag-Lloyd

The Global Centre for Maritime Decarbonisation (GCMD) on Thursday (18 July) said it has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). 

This marks the end of a series of trials initiated in July 2022 as part of a larger pilot to develop a framework to provide quality, quantity and GHG abatement assurances for drop-in fuels.

In this final trial, bp provided the B30 biofuel blend to the TIHAMA, a 19,870 twenty-foot equivalent unit (TEU) container vessel operated by Hapag-Lloyd.

The biofuel component used is certified to the International Sustainability & Carbon Certification (ISCC) standard – a multistakeholder certification scheme for biobased materials. The biofuel component comprised neat Fatty Acid Methyl Ester (FAME) produced from food waste.

Authentix, a tracer solutions provider, supplied and dosed the FAME with an organic-based tracer at the storage terminal outside the Netherlands. The dosed FAME was then transported to the Port of Rotterdam for blending with VLSFO to achieve a B30 blend, before the blend was bunkered onboard the TIHAMA.

Similar to previous trials, GCMD engaged fuel testing company Veritas Petroleum Services (VPS) to witness the operations at all stages – from biofuel cargo transfer to bunkering. VPS also collected and conducted extensive laboratory tests on samples of the biofuel and biofuel blend collected at pre-determined points along the supply chain to assess quality per Standards EN 14214 and ISO 8217.

With well-to-wake emissions of 13.74 gCO2e/MJ, the neat FAME presented a 85.4% emissions reduction compared to the emissions of the fossil marine fuel. The reduced emissions complies with the MEPC 80, which requires a minimum emissions reduction of 65% in order for biofuels to be classified as sustainable.

GCMD and Hapag-Lloyd determined that consumption of the 4,500 MT B30 blend of FAME and VLSFO resulted in 27.9% emissions reduction compared to sailing on VLSFO.

A newly developed tracer deployed with this supply chain

GCMD collaborated with Authentix to develop and deploy a new organic-based tracer to authenticate the origin and verify the amount of FAME present in the blend. The proprietary tracer blended homogeneously with FAME and was detected at expected concentrations at all sampling points along the supply chain.

This trial marks the first deployment of this tracer in a marine fuel supply chain. Previously, similar tracers were used to authenticate and quantify biofuels in road transport and LPG supply chains.

Development of a comprehensive biofuels assurance framework underway

With the completion of this trial, GCMD has deployed a diverse range of tracer technologies, including synthetic DNA and element-based tracers, in addition to the organic-based tracer used in this trial. The trials have also included the development of a chemical fingerprinting methodology and the evaluation of lock-and-seal and automatic identification systems (AIS) as additional solutions to ensure the integrity of the biofuels supply chain.

Learnings on tracer limitations and benefits will be incorporated into a framework that recommends appropriate use to ensure consistent and robust performance. This effort will complement existing ISCC by providing additional supply chain assurance through physical traceability.

The insights from these trials will be shared in a series of reports covering issues, such as traceability, biofuel degradation, supply chain optimisation and abatement costs. These findings will culminate in a comprehensive assurance framework to provide guidance on biofuels use, slated for release in the fourth quarter of 2024.

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 19 July 2024

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Ammonia

MPA, ITOCHU and partners sign MoU on ammonia-fuelled bulk carriers study

As a government agency, MPA,will review and provide their views to the designs of the ammonia-fuelled ships to ensure their safe operations, says ClassNK.

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RESIZED venti views

Classification society ClassNK on Thursday (18 July) said it signed a Memorandum of Understanding (MoU) with ITOCHU Corporation, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) regarding a joint study for the design and safety specifications of ammonia-fuelled ships which are under development by ITOCHU and partners.

“The discussion for a specification of ammonia-fuelled ships with a governmental body related to their operation is essential for a social implementation of ammonia-fuelled ships,” ClassNK said. 

“As one of parties of the MoU, MPA, a government agency overseeing the world’s busiest bunkering hub, will review and provide their views to the designs of the ammonia-fuelled ships to ensure their safe operations.”

The MoU is based on the premise that 200,000 deadweight ton class bulk carriers will be built by Nihon Shipyard with an ammonia dual-fuelled engine.

“The necessary clarifications of the specification for the ammonia-fueled ship to carry out ammonia bunkering in Singapore will be conducted among parties of this MoU, for the commercialisation of ammonia-fuelled ships,” ClassNK added.

 

Photo credit: Venti Views on Unsplash
Published: 19 July 2024

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Methanol

Methanol Institute: Methanol fuel innovations and expansions (Week 28, 8 to 14 July 2024)

This week, advancements in methanol as a marine fuel included new additives reducing the need for pilot fuel, new eco-friendly tankers, and methanol-powered feeder ships in Rotterdam.

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The Methanol Institute, provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:

Technology around the use of methanol as a marine fuel has continued to move forward, with the latest developments including an additive which removes the need for pilot fuel, further saving carbon emissions. Elsewhere, bunker networks, fuel transport and cargo capacity using cleaner methanol has continued to expand.

Methanol marine fuel related developments for Week 28 of 2024:

Terntank orders Fifth Eco-Friendly Tanker with Methanol and Wind Propulsion

Date: July 8, 2024

Key Points:

Terntank has placed an order for a fifth vessel featuring wind-assisted propulsion and methanol fuel capabilities from China Merchants Jinling Shipyard. Scheduled for delivery between March 2025 and July 2027, the 15,000 DWT chemical and product tanker aims to enhance environmental performance. The company emphasized the benefits of these technologies, including reduced emissions and expanded shore power usage, reinforcing its commitment to sustainable shipping practices.

Fratelli Cosulich Orders Two New Bunker Vessels with Methanol and Biofuel Capabilities

Date: July 8, 2024

Key Points:

Fratelli Cosulich has ordered two 7,999 DWT bunker delivery vessels from Taizhou Maple Leaf Shipbuilding, capable of handling methanol, biofuel, and fuel oil. The first ship is expected in early 2026. This move reflects the company's commitment to sustainability and technological innovation. Methanol, known for its ability to significantly reduce greenhouse gas emissions, is a focal point of this initiative, supporting the transition to cleaner marine fuels.

X-Press Feeders Launches Methanol-Powered Feeder Ships in Rotterdam

Date: July 10, 2024

Key Points:

X-Press Feeders has introduced its first methanol-fueled ship, Eco-Maestro, in Rotterdam, launching Europe's first scheduled feeder network powered by green methanol. The network, comprising 14 ships, will operate routes in Northern Europe with methanol bunkering exclusively in Rotterdam. This initiative aims to support sustainable shipping and help companies achieve environmental goals by reducing greenhouse gas emissions.

WinGD Completes Successful Tests on New Short-Stroke Methanol-Compatible Engine

Date: July 11, 2024

Key Points:

WinGD has successfully completed testing of its new X52-S2.0 short-stroke engine at the Yuchai Marine Power Co facility. This engine, now type-approved, is available in diesel, LNG, and methanol configurations, with an ammonia option in development. It features a compact design and high fuel efficiency, making it suitable for smaller vessels. The engine's methanol compatibility underscores its role in reducing greenhouse gas emissions and advancing sustainable maritime practices.

Infineum Explores Methanol Fuels for Heavy-Duty and Marine Engines with Innovative Additives

Date: July 11, 2024

Key Points: 

Paul Cooper and Joanna Hughes of Gane Energy spoke to Infineum Insight to discuss the advantages of methanol as fuel for heavy-duty and marine engines and how fuel additives can help to overcome some of the challenges.

One of the issues associated with methanol – in common with many alternative fuels  in marine applications – has been the need to use a pilot fuel to ignite it in the engine. Gane Energy has developed performance additives to methanol fuel, overcoming challenges like lubricity and corrosion. Their approach also eliminates the need for a diesel pilot fuel by converting methanol to dimethyl ether (DME) for ignition.

As the use of methanol grows in various transportation applications, the use of high quality fuel additives will be vital to ensure hardware protection, according to Infineum.

 

Photo credit: Methanol Institute
Published: 19 July, 2024

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