Taiwan has set aside a total NT $77 million ($2.6 million) to reward the practise of slow steaming and consumption of low sulphur marine fuels within territorial waters in 2018, according to Taipei Times.
It has dedicated a budget of NT$32 million, NT$22 million from Taiwan International Ports Corp (TIPC) and NT$10 million from the Taiwan Environmental Protection Administration, in incentives for slow steaming operations.
International vessels with a cargo capacity of more than 10,000 metric tonnes (mt) and cruise ships will receive NT$8,000 when they lower their sailing speed to below 12 knots per hour when entering within 20 nautical miles of Taiwan’s seaports.
Meanwhile, the Taiwan Maritime and Ports Bureau has allocated budget of NT$45 million in a trial programme to reward vessels switching to consume low sulphur marine fuel when operating near the country’s ports.
Each ship which does so will be entitled to a subsidy of NT$5,000.
Publication date: 12 January, 2018
Composite tech offers a competitive alternative to marine LNG fuel tanks, principally for small, short sea shipping applications where weight is an issue.
Agreement has been made to reduce total annual GHG emissions by at least 50% by 2050 compared to 2008.
Air pollution levels put health of passengers, staff, port communities at risk, according to public report.
Firm is also investing in green ammonia as a key carbon-free bunker fuel source, but foresees ammonia supply issues due to import limitations.
Companies suggested that methanol fuel should be used as their main research direction of future clean ship fuel and the duo will jointly contribute to the national "dual carbon" goals.
LNG has been referred to variously as e-methane, eLNG, Synthetic Natural Gas, and others; among SEA-LNG members, naming of the product is not always consistent.
Advanced analytical services will support support clients in the shipping sector allowing for more accurate and efficient testing of methanol as a marine fuel, Bryan Quek tells bunkering publication Manifold Times.
While slow steaming may help save fuel cost and lowers emissions, it may end up being a costly endeavour for ship owners. Innospec suggests looking at smart slow steaming instead, shares Nicea Ng.
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.
Claim was regarding sales of LSFO from Gulf Petrochem to Prime Oil Trading on 24 February 2020 which was due for payment on 23 June 2020 after a 120-day credit period, state court documents.
Remi Eriksen of DNV Group, shared during event, the business case for decarbonization must involve four key factors including alternative bunker fuels once safety guidelines and bunkering infrastructure are established.
Malaysian government will ensure all obligations and conditions under the International Convention for the Prevention of Pollution from Ships or MARPOL are implemented, says Transport Minister.
