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VPS launches Core software to empower customers in cutting emissions footprint across fleets

‘Core is designed to meet needs of stakeholders in maritime value chain working hard to reduce their company’s emissions footprint,’ says Sindre Bornstein, CCO of VPS Decarbonisation.

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Marine fuels testing company VPS on Monday (17 October) announced the launch of their advanced new software, Core.

Core is an extension of the services offered by VPS. It has been specifically designed to help vessel owners plan to meet emission targets, handle tightening market and regulatory pressure more effectively and efficiently and enable their customers to achieve the latest emission targets. 

According to VPS, the maritime industry’s emissions need to be reduced by at least 50% by 2050 to meet IMO targets despite a growing demand for shipping and ocean activity. For the vessels sailing today, their carbon intensity needs to be reduced by 40% by 2030.

The latest IMO regulations around CII and EEXI will come into effect in early 2023, and new market dynamics will increase the importance allocated to emission reductions. 

“Currently, few vessel owners are on track to meet these 2030 targets. The industry as a whole is behind schedule, and the transition to cleaner operations needs to happen faster,” it said.

For shipowners who cannot openly demonstrate a responsible approach to emissions reduction, the consequence will be loss of charters, reduced shareholder appetite, higher cost of capital, higher port costs, reduced talent attraction, loss of brand reputation, amongst others.

In order to meet these emission targets, the industry needs collaborative tools where vessel owners can identify the right investments to stay attractive, and where other industry stakeholders can identify the leading providers of vessel services. 

“Emission reduction is about to become an important business differentiator. Core is designed to meet the needs of a range of stakeholders in the maritime value chain working hard to reduce their company´s emissions footprint,” said Sindre Bornstein, CCO, VPS Decarbonisation. 

How Core answers these challenges

  1. Core enables clients to reach their emission reduction targets and turn CII from an operational metric into a C-Suite KPI, while driving a culture and community that embraces sustainability.
  2. Core interprets CII and its equivalents as a score related to the emissions-saving goals for 2030 vs 2008, effectively giving stakeholders the opportunity to see their own efforts to reduce their emissions relative to the general market.
  3. Core enables assessment of various emissions reduction initiatives, e.g. hybrid battery power, sails, biofuels, as well as their impact on emissions, estimated cost and return on capital to enable scenario planning for optimal investments.

As sustainability becomes a key business metric for stakeholders across the maritime value chain, visibility of emissions planning and efforts, as offered by Core, will become essential.

Core offers a library of measures to determine current and future emission trajectories for different vessels. This library will be available to all Core users, making it easier to see what combination of initiatives that are fit for purpose and to help drive awareness of what measures can be taken to improve overall performance.

With Core, customers are better equipped to handle the growing complexity in their industry already disrupted by stakeholder expectations for emission cuts and the availability of data. As CII requirements become stricter over time, Core will assist shipowners and others in identifying the winning and losing emission mitigation strategies.

“The coreScore will allow for relative ranking of companies´ efforts to reduce their carbon footprint, and serve as an indicator for emissions integrity and trustworthiness,” said Bornstein.

VPS added companies are in a better position to maintain profitability and gain a valuable strategic edge by using Core. 

 

Photo credit: VPS
Published: 18 October, 2022

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Incident

Singapore: Bunker spill leads to checks on all fuel pipes at other Police Coast Guard bases

Police said fuel pipes at the other three bases at Loyang, Lim Chu Kang and Gul are also being checked with inspections expected to be wrapped up on 10 February.

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The recent oil leak incident at Police Coast Guard (PCG) Brani Regional Base has prompted checks on all fuel pipes at PCG’s three other bases for leaks, according to The Straits Times on Monday (10 February). 

Responding to queries from the local news provider, the police said all fuel pipes at Brani Regional Base were inspected on 6 February while fuel pipes at the other three bases at Loyang, Lim Chu Kang and Gul are also being checked with inspections expected to be wrapped up on 10 February. 

The police also said that a preliminary assessment on the cause of the leak might be due to micro cracks in a damaged fuel pipe as a result of repeated twisting of the pipe due to the movement of the pontoons caused by tidal changes.

On 6 February, Singapore authorities confirmed that a diesel oil leak was discovered at the Brani Regional Base on 5 February, at around 11.40am (Singapore Time). 

According to a joint statement by Singapore Police Force, Maritime and Port Authority (MPA) and National Environment Agency (NEA), about 23 metric tonnes had leaked from a damaged shore fuel hose used to refuel patrol craft at Selat Sengkir. 

The leak was eventually isolated at about 3.40pm and there were no oil slicks observed.

Related: Singapore confirms bunker spill from damaged shore fuel hose at Brani Regional Base

 

Photo credit: Manifold Times
Published: 11 February, 2025

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Biofuel

NYK conducts first Japan bio bunker fuel trial on coal carrier for domestic power utility firm

Firm said it has started a biofuel test run on Noshiro Maru, operated by Tohoku Electric Power, marking the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility firm.

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NYK conducts first Japan bio bunker fuel trial on coal carrier for domestic power utility firm

Japanese shipping firm NYK on Monday (10 February) said it has started a biofuel test run on its coal carrier Noshiro Maru, which is operated by Tohoku Electric Power on 9 February.

This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company. Mitsubishi Corporation Energy in the Keihin area facilitated the supply of biofuel for the vessel.

Biofuels are made from organic resources (biomass) of biological origin, such as agricultural residues and waste cooking oil, and are considered to produce virtually zero carbon dioxide (CO₂) emissions when combusted.

“Since they can be used in heavy-oil-powered ship engines, which are common on large merchant ships, biofuels are considered a key means of reducing greenhouse gas (GHG) emissions in the transition period from heavy oil to zero-emission fuels,” NYK said. 

“Using biofuel to reduce GHG emissions during sea navigation also contributes to reducing Scope 3 GHG emissions generated by transporting customers’ cargo.”

NYK added it will continue to focus on introducing biofuels and other next-generation fuels, and will contribute to reducing GHG emissions in our customers' supply chains while promoting decarbonisation in marine transport.

 

Photo credit: NYK
Published: 11 February, 2025

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Biofuel

IBIA welcomes IMO move to draft guidance change on carriage of bio bunker fuels

IBIA welcomed agreement by IMO’s Sub Committee on PPR 12 to draft Interim Guidance on the carriage of blends of biofuels and MARPOL Annex I cargoes by conventional bunker ships.

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The International Bunker Industry Association (IBIA) on Monday (10 February) said it submitted a document to IMO on the carriage of biofuels for supply to a ship for use as fuel oil on board that ship in November 2023.

This highlighted that as conventional bunker vessels were limited in carrying fuel oil of no more than 25% biofuel it presented a potential impediment to the global adoption of biofuels as fuel oil for ships and so to the ambition for the decarbonization of international shipping in the short term, as set out in the 2023 IMO GHG Strategy.

“IBIA therefore welcomes the agreement by IMO’s Sub Committee on Pollution Prevention and Response (PPR 12) to draft Interim Guidance on the carriage of blends of biofuels and MARPOL Annex I cargoes by conventional bunker ships,” it said on its website. 

The guidance allows conventional bunker ships certified for carriage of oil fuels under MARPOL Annex I to transport blends of not more than 30% by volume of biofuel, as long as all residues or tank washings are discharged ashore, unless the oil discharge monitoring equipment (ODME) is approved for the biofuel blend(s) being shipped. 

“The Interim Guidance is expected to be approved by IMO’s Marine Environment Protection Committee (MEPC 83) in April,” IBIA added. 

“IBIA’s membership represents stakeholders from across the global marine fuel value chain, and being able to draw on this technically strong and credible resource will, in its role of having consultative status to the IMO, mean that IBIA will continue to bring important matters to the attention of the wider IMO membership for due consideration.”

 

Photo credit: International Bunker Industry Association
Published: 11 February, 2025

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