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Vietnam: Fishing vessels seized over 100,000 litres of illegal diesel

Initial investigations found all vessels without invoices and documents proving legal origin of the oil material; captains admitted that all diesel oil was traded and sold while at sea.

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The Vietnam Coast Guard on Wednesday (26 October) said it has seized a total 100,000 litres of unknown origin diesel oil in a series of operations on 24 and 25 October in the south-east and east of Con Dao.

Patrol boats belonging to Coast Guard Region 3 Command detected two fishing boats - ST01727TS and TG 91878TS - displaying several suspicious signs.

Initial investigations found all vessels without invoices and documents proving legal origin of the oil material.

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The vessels were transporting various quantities of oil material: ST01727TS was transporting about 30,000 litres and TG 91878TS transported about 70,000 litres, according to testimonies from the Captains.

The two captains of the ships admitted that all diesel oil was traded and sold while at sea.

As such, the authorities made records of administrative violations,and escorted the vessels to Vung Tau for further investigations and handling in accordance with the law.

A series of earlier Vietnamese Coast Guard arrests covered by Manifold Times in 2022 are as follows:

 

Related: Vietnam: Two fishing vessels with 75,000 litres of unknown origin diesel oil seized

Related: Vietnam: Oil tanker arrested for transporting 50,000 litres of illegal diesel

Related: Vietnam: “TG 93798 TS” arrested over 90,000 litres of unknown origin diesel oil

Related: Vietnam: TG 92008TS arrested with 85,000 litres of unknown origin diesel oil

Related: Fishing vessels seized with 130,000 litres of illegal oil

Related: Vietnam: Fishing vessels with 130,000 litres of unknown origin diesel oil seized

Related: Vietnam: “TG 93798 TS” arrested over 70,000 litres of unknown origin diesel oil

Related: Vietnam: “KG 94431 TS” arrested over 40,000 litres of unknown origin diesel oil

Related: Vietnam: Fishing vessels seized over 340,000 litres of illegal diesel

Related: Vietnam: “TG 91678 TS” arrested over 100,000 litres of unknown origin diesel oil

Related: Vietnam: Coast Guard detains vessel transporting about 70,000 litres of unknown diesel

Related: Vietnam: Coast Guard arrests fishing vessel transporting about 60,000 litres of unknown diesel

Related: Vietnam Coast Guard detains wooden-hulled ship, seizes 27,000 litres of illegal diesel

Related: Vietnam Coast Guard detains tanker carrying 110,000 litres of illegal oil

Related: Vietnam: “TG 92267 TS” arrested over 50,000 litres of unknown origin diesel oil

Related: Vietnam Coast Guard seizes “Duc Minh 06” for illegally transporting oil at sea

 

 

Photo credit: Vietnam Coast Guard

Published: 27 October, 2022

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MOL secures multiple loans to finance wind-assisted and LNG dual-fuel vessels

Loans will finance construction of two LNG dual-fueled ferries, a bulk carrier equipped with Wind Challenger, one LNG dual-fuel PCTC, LNG dual-fuel VLCC and LNG dual-fuel VLGC.

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MOL secures multiple loans to finance wind-assisted and LNG dual-fuel vessels

Mitsui O.S.K. Lines (MOL) on Friday (26 January) announced it has multiple loan agreements following the establishment of a comprehensive Sustainable Finance Framework.

The firm completed the signing of three Transition Loans (TL) and one Transition Linked Loan (TLL) financing agreement and is scheduled to sign another TLL financing agreement as well. 

The loans will finance the construction of two LNG dual-fueled ferries, a bulk carrier equipped with Wind Challenger, LNG dual-fuel pure car and truck carrier, LNG dual-fueled very large crude carrier (VLCC) and LNG dual-fuel very large gas carrier (VLGC).

MOL has already obtained a second-party opinion from DNV dated December 22, 2023, to the effect that the framework's eligibility complies with the firm’s key principles and others, intending to ensure the eligibility and transparency of the framework and to improve its appeal to investors.

“The MOL can flexibly and continuously use this framework to raise funds through sustainable finance,” it said. 

 

Photo credit: Mitsui O.S.K. Lines
Published: 30 January, 2024

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SEA-LNG: Grey methanol, ammonia and hydrogen as bunker fuels are not viable solutions in short term

‘The use of grey methanol, grey ammonia and grey hydrogen as marine fuels will generate more GHG emissions than the traditional marine fuels they are looking to replace,’ says coalition.

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SEA-LNG: Grey methanol, ammonia and hydrogen as bunker fuels are not viable in short term

Global multi-sector industry coalition SEA-LNG on Thursday (18 January) shared its overview of LNG as a bunker fuel in 2023 to 2024. The View from the Bridge highlighted how the shipping industry has advanced along the LNG pathway to decarbonisation in 2023 and outlines the progress anticipated in 2024:

Decarbonisation challenge – reality closing in

The reality of the magnitude of the decarbonisation challenge has started to hit home for many in the maritime industry this year. From 1 Jan 2024, there remain only 312 months – 1,356 weeks or 9,497 days – until 2050, when shipping must achieve its net-zero target. Regulations such as the IMO’s CII (effective from 2023), the inclusion of shipping into EU ETS (2024) and FuelEU Maritime (2025) are putting immediate and growing pressure and added costs on ship owners and operators in relation to their GHG emissions. How to meet these goals with practical, realistic and safe solutions in 312 short months is a dilemma the industry must address in a concerted and coordinated manner.

SEA-LNG: Grey methanol, ammonia and hydrogen as bunker fuels are not viable in short term

Fuel pathways – highlighting grey areas

A View from the Bridge 2023-2024 will also shine a light on some of the grey areas from alternative fuel discussions in 2023 and important considerations for 2024. 

There is a growing awareness of the fact that all the alternative fuels being discussed today share the same generic pathway: from fossil to bio-derived fuels, (or blue fuels using carbon capture and storage) and eventually to electro-fuels produced from renewable electricity. There is also a recognition that all these fuels are currently fossil, also known as grey.

The use of grey methanol, grey ammonia and grey hydrogen as marine fuels will generate more GHG emissions than the traditional marine fuels they are looking to replace. This means they are not viable solutions for decarbonisation even in the short term. By contrast, grey LNG offers an immediate reduction in GHG emissions of up to 23%, after accounting for methane slip, for the two-stroke engines which are fitted to the vessels that move most of the world’s shipping tonnage.

Consequently, the methanol, ammonia and hydrogen used by shipping will need to be green, or at least a blend with large volumes of green fuels, simply to achieve parity with VLSFO (Very Low Sulphur Fuel Oil) and comply with regulations such as FuelEU Maritime.

With scaling green fuel supply a clear barrier to decarbonisation, we must make efficient use of scarce resources. With practicality in mind, we must also recognise that fuel availability is linked to the scale of supply infrastructure. Acknowledging these truths, it is clear the LNG pathway from LNG to bio-LNG to e-LNG represents the practical and realistic pathway to net-zero shipping emissions.

Note: Read the full report of View from the Bridge 2023-2024 here.

 

Photo credit: SEA-LNG
Published: 23 January, 2024

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Technology

Photo essay: e-BDN trial of “One Truth” at Singapore port

Manifold Times was onboard the 20,182 TEU capacity One Truth to witness the latest e-BDN trial between ONE and Shell on 9 September.

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The Maritime and Port Authority of Singapore (MPA) launched a digital bunkering initiative on 1 November 2023, enabling Singapore to become the first port in the world to implement electronic bunker delivery notes (e-BDN).

To date, over 100 e-BDN trials involving more than 20 companies within the Singapore bunkering ecosystem have been conducted since January 2023.

Singapore-headquartered container shipping firm Ocean Network Express (ONE) earlier invited Singapore bunkering publication Manifold Times onboard the 20,182 TEU capacity One Truth to witness its latest e-BDN trial with Shell.

In a rare glimpse, the following images were captured during the event on 9 September:

Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes

Photo credit: Manifold Times
Published: 17 November 2023

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