International fuel testing and inspection company Veritas Petroleum Services (VPS) on Tuesday (28 April) introduced a new service that tests and monitors marine fuels under long term storage conditions.
The COVID-19 pandemic has led to a reduced demand for all refined products including marine fuels, resulting in these products being stored for extended times, it said.
Heavy Fuel Oil (HFO), Very Low Sulphur Fuel Oil (VLSFO), Ultra Low Sulphur Fuel Oil (ULSFO) and Marine Gas Oil (MGO) all have different properties and formulations which can be negatively affected due to longer-term storage.
Although longer-term storage of marine fuels is possible, it increases the risk of fuel quality issues arising from temperature, stratification, fuel stability, catfine settling, waxing and microbial growth.
Since these fuels usually have a fast turnover, long-term storage increases the risk of fuel quality deterioration. Routine testing and monitoring these fuels in storage can alleviate these risks.
VPS adds the newly introduced service is relevant to fuel suppliers with floating storage, and vessel owners or operators with ships under cold lay-up or hot lay-up conditions.
The data, comprehensive service and expertise that the service provides aims to help clients make informed decisions to avoid fuel quality deterioration while preserving its value.
Photo credit: Manifold Times
Published: 29 April, 2020
Alexandros Margaritis brings 14 years of experience; has worked at Singapore and Dubai’s bunkering sectors.
Vessels travelling within the ECAs are required to use VLSFO and observe mandatory speed reductions and these have resulted in increased operational costs, it said.
In its financial results, CMA CGM said it has already reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030.
‘All amounts owing for deliveries made to Aegean prior to November 4, 2018, have been fully settled,’ says GM.
The quotas have been awarded to Sinopec with 2.4mn t; CNPC with 1.5mn t; CNOOC with 400,000t; Sinochem for 320,000t; as well as private-sector ZPC with 390,000t.
Appoints former World Fuel Services and Aegean Northwest Europe staff to oversee UK bunker operations.
OctamarTM HF-10 Plus was subjected to tests conducted at a third party lab by SGS Testing and Intertek in Singapore under the supervision of ClassNK earlier this year, according to spokeswoman.
Former Regional Marine Manager of BP Singapore issued penalty of SGD 6 million; he faces an additional 28-month imprisonment term if penalty is not paid, says Judge.
Sing Fuels claiming over total 1,049.29 metric tonnes of 380 centistokes bunker fuel delivered to bulk carrier Lila Shanghai at Port Elizabeth, South Africa in July 2019, according to court documents.
Reserve Stability Number results are ‘questionable’ as almost all additives targeting asphaltene management show effectiveness in the test, says spokesman.
Singfar International partnering Lianyungang Shenghua Shipbuilding to deliver 7,000 dwt DF bunker tankers from 2023 to support decarbonisation of the Singapore maritime industry.
GSM awarded USD 1.85 million as well as SGD 5,800; Judge finds SFM Director ‘ungrateful and dishonest in his dealings with Bernard and the plaintiff,’ according to Court Judgement seen by Manifold Times.
