Independent commodity trading and logistics house Trafigura is planning to install scrubbers on 32 newbuild oil and product tankers, reports Reuters.
The vessels are scheduled for delivery from the fourth quarter of 2018 (Q42018) to 2019.
“The first vessels will be delivered in October this year. All will be equipped with scrubbers,” said the company in an email statement.
International Maritime Organization (IMO) rules state all vessels will need to use 0.5% sulphur limit marine fuel, or implement appropriate measures to meet lower emissions equal to the consumption of such fuels, from 2020 onwards.
Vessels sailing within international waters currently need to meet the 3.5% sulphur limit under IMO rules.
Source: Reuters
Photo credit: Trafigura
Publication date: 27 March, 2018
The fuel availability around the globe, to a degree a given one, has now become a concern to many.
‘Particularly proactive’ in seeking sensible solutions to known and anticipated problems, it says in update.
‘Wait and see’ community at risk of being blindsided by current low physical quotes for compliant VLSFO.
2,200 metric tonnes of product produced in February shipped to a Shanghai maritime institute for tests.
ASA SNEC is confident that, in the long run, the shipping industry will eventually settle into a new equilibrium.
Japan’s first syndicated loan certified by Japan Credit Rating Agency Ltd. with highest ranking of ‘Green 1.’
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
