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Bunker Fuels News

22 Feb 2024

Vitol Bunkers Receives its First Biofuel Barge in Asia

Marine Future biofuel bunker barge (Credit: Vitol Bunkers)

Vitol Bunkers has taken delivery of the Marine Future vessel, its first specialized biofuel bunker barge in Singapore.The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will make it possible to supply biofuel blends including B24, B30 and up to B100, depending on customer specifications.Built in China, Marine Future is 102.6m in length and has the capacity to carry about 7,000 MT of biofuels.The current fleet of bunker tankers in Singapore are classified as ‘oil tankers’ and are therefore restricted to a maximum of 25% bio component in biofuel blends.

16 Jan 2024

Equatorial, TFG and Sinopec are Singapore's Top Three Marine Bunker Suppliers in 2023

© Igor Groshev / Adobe Stock

Equatorial Marine Fuel Management Services, TFG Marine and Sinopec Fuel Oil Singapore were the top three marine bunker suppliers in Singapore, the world's largest bunker hub, in 2023, latest data from the port authority showed.Equatorial maintained its top position for a second consecutive year, while Trafigura's TFG Marine rose one spot to become the second largest supplier, data from Singapore's Maritime and Port Authority showed.Sinopec Fuel Oil Singapore jumped 16 spots to become the third largest supplier, the data showed.

14 Jan 2024

2023 a Record Setting Year for Singapore

Source: Government of Singapore

Chee Hong Tat, Singapore’s Acting Minister for Transport, announced a record year in 2023 at a Singapore Maritime Foundation New Year Conversations event.The annual vessel arrival tonnage in the Port of Singapore crossed three billion gross tonnage (GT) for the first time, increasing by 9.4% over 2022 and setting a high of 3.09 billion GT in 2023. This reflects growth in all segments, including container ships, dry bulk carriers, liquid bulk and chemical tankers, ferries and specialised vessels…

20 Jul 2023

LNG Barge Clean Canaveral Bunkers First Cargo Ship in Canaveral

LNG bunker barge transferring LNG to Damia Desgagnés at Port Canaveral (Photo: JAX LNG)

Liquefied natural gas (LNG) bunker barge Clean Canaveral completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral’s South Cargo Berth 4. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the Damia Desgagnés on the ship’s inaugural call to Port Canaveral. The asphalt/bitumen tanker Damia Desgagnés completed her discharge of cargo and then JAX LNG proceeded with Desgagnés’s first barge-to-ship bunkering of LNG. The seafarers safely transferred approximately 400 cubic meters of LNG from North America’s largest LNG bunker barge…

29 May 2023

IBIA Wants IMO to Improve New Flashpoint Regulations

Source: IBIA

The International Bunker Industry Association (IBIA) has submitted proposals to the Maritime Safety Committee (MSC 107) which will be meeting later this week in a bid to improve understanding and workability of new flashpoint regulations for fuel oil.MSC 107 will meet from 31 May to 9 June and will continue discussion on an agenda item for the development of further measures to enhance the safety of ships relating to the use of fuel oil. In essence, the aim is to introduce increased control on the supply of bunker fuels.

16 May 2023

Platts Launches Tanker Freight Rates to Reflect Costs of New Fuels

© momentscatcher / Adobe Stock

Platts, part of S&P Global Commodity Insights, has launched new price assessments for tanker base freight rates that factor in pricing for alternative fuels, the agency said on Tuesday.The move comes as the agency expects the maritime sector's use of alternative fuels, such as liquefied natural gas (LNG) to grow significantly in the next few years.With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions, yet environmental campaigners…

15 Mar 2023

UAE's Fujairah Needs to Step Up Investments for New Bunker Fuels -Execs

© moodboard / Adobe Stock

UAE's Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world's third-largest bunkering hub despite the urgency for maritime decarbonization, industry executives said on Wednesday.The maritime industry must seek out alternative fuels to meet carbon emission reduction targets set out by the U.N.'s International Maritime Organization, which include cutting carbon emissions by 40% from 2008 levels by 2030 and overall greenhouse gas (GHG) emissions by 50% by 2050.Despite being a key bunkering port…

13 Dec 2022

Hapag-Lloyd CEO: Bounce in Shipping Demand Short-lived

©travelview/AdobeStock

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more muted outlook for the industry as pandemic disruption fades.The container business, a bellwether of global economic trends, had seen a noticeable contraction in demand in September and October as economies around the world grappled with sharply spiking inflation and cost-of-living crises in the wake of Russia's invasion of Ukraine."I don't think the market is as weak as it was four or eight weeks ago…

27 Oct 2022

Rotterdam Port to Make New Metering System Compulsory for Ship Refueling

©Nataraj/AdobeStock

Rotterdam, Europe's biggest port, plans to make mass flow meters, which can measure fuel supplies more accurately, compulsory for ship refueling, a spokesperson for the port told Reuters on Thursday. The move aims to boost transparency and efficiency to avoid disputes over fuel volumes that sometimes occur during refueling, a process known as bunkering. Singapore, the world's largest bunkering hub, made mass flow meters compulsory for ship refueling in 2017 and is the only port to have done so until now.

04 Oct 2022

Brassavola LNG Bunker Vessel Named in Singapore

Credit: TotalEnergies

TotalEnergies Marine Fuels has moved closer to starting its LNG bunkering services in  Singapore, following a ship naming ceremony of the Brassavola LNG bunker vessel that was held at Sembcorp Marine’s Tuas Boulevard Yard on Tuesday.Measuring 116.5m in length and 22m in width with a capacity of 12,000m3, the ship will be the largest LNG bunker vessel for use in service in the Port of Singapore. The Brassavola is scheduled to be operational in the first quarter of 2023. Louise Tricoire…

19 Sep 2022

Egypt to Cooperate with Maersk on Clean Bunker Fuels

© Val Traveller / Adobe Stock

Egypt's President Abdel Fattah al-Sisi has directed the government to cooperate with AP Moeller-Maersk to establish a network to produce and distribute green energy and clean fuels for ships, a presidency spokesperson said on Monday.Maersk Chief Executive Soren Skou discussed with Sisi during their meeting a project to produce clean fuel for ships with investments of $15 billion, the statement added.There were no immediate details on the mechanism of the cooperation.(Reuters - Reporting by Moataz Mohamed; Editing by Jan Harvey)

17 May 2022

Future Fuels: Neste, Nordic Marine Oil team to debut "Co-processed marine fuel"

Photo courtesy Neste Marine

Neste and Nordic Marine Oil have partnered to pilot a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia – a solution the pair claims will help the maritime sector reduce greenhouse gas (GHG) emissions: designed to cut up to 80% GHG emission reduction over the lifecycle compared to fossil fuels.“At Neste, we are dedicated to helping our customers and the entire value chain to reduce their GHG emissions. In 2021, our renewable products helped customers to reduce 10.9 million tons of their GHG emissions. Maritime is one of the largest sources of transport emissions.

28 Mar 2022

Clean Canaveral Completes Inaugural LNG Bunkering

The Clean Canaveral providing cool-down services and bunkering LNG to the Eagle Brasilia (Photo: Polaris New Energy)

The Clean Canaveral, a new liquefied natural gas (LNG) bunker barge operating along the coast of the southeastern United States, recently completed its inaugural bunkering in Jacksonville, Fla. The Clean Canaveral has a capacity of 5,500 cubic meters, making it the largest Jones Act LNG bunker barge. The vessel operates as an articulated tug barge unit (ATB) and is owned by Polaris New Energy LLC, a subsidiary of Seaside LNG Holdings.The operation marks the first barge-to-ship cool down performed in the United States.

14 Mar 2022

GAC Bunker Fuels Opens New US Office

(Photo: GAC Group)

GAC Bunker Fuels has opened a new office in Westport, Conn. to help global customers decarbonize in American ports and beyond.The office will be manned by liquefied natural gas (LNG), biofuel, low sulfur fuel oil (LSFO) and marine gasoil (MGO) experts Maurice Lara and John Lindquist, and will be carbon neutral.Beyond aligning with the United Nation’s Sustainable Development Goals, GAC Bunker Fuels has pledged zero oil-based bunker sales by January 1, 2030. On 1 September 2020…

18 Nov 2021

Euronav Concludes B50 Biofuel Blend Trial

After a successful completion of a B30 biofuel blend test on the Suezmax Statia (2006 – 150,205 dwt), Euronav has now successfully concluded a B50 biofuel blend trial on its Suezmax Marlin Sardinia (2019 – 156,607 dwt). The biofuel, by marine fuels supplier TFG Marine (the bunkering arm of Trafigura), was tested on its longevity and durability over a period of four months. This second trial confirms the potential of biofuel and the crucial role it plays in the decarbonization of shipping.In June 2021, the Suezmax Marlin Sardinia was bunkered with 240 MT of B50 biofuel blend from TFG Marine. Just as the B30 biofuel blend, the B50 was supplied in the port of Rotterdam…

16 Sep 2021

Can LNG Retrofits be Economically Viable as Bridge to Net Zero?

© momentscatcher / Adobe Stock

While we await a definite ‘fuel of the future’, can retrofits be an economically viable option? Earlier in the year, the World Bank report denouncing liquefied natural gas (LNG) as not being environmentally sound left many owners who had invested in LNG perturbed. However, not all is lost, explains Tiago Braz, VP Product Area for Energy at Høglund Marine Solutions.When the World Bank released its report ‘Charting a Course for Decarbonizing Maritime Transport’ citing ammonia and hydrogen as the ‘most promising’ zero-carbon bunker fuels within the shipping industry…

04 May 2021

New LNG Bunker Barge Planned for Port of Tacoma

Puget Sound Energy’s LNG Terminal in the Port of Tacoma (Photo: GAC)

Puget LNG and GAC Bunker Fuels have signed a memorandum of understanding to cooperate in the supply of liquefied natural gas (LNG) marine fuel from Puget LNG’s terminal to GAC’s customers in the Pacific Northwest.When the Tacoma LNG Terminal becomes operational in the second quarter of 2021, it will be the first such terminal on North America’s west coast providing direct shoreside loading access for a bunker barge.GAC Bunker Fuels, a division of the Dubai-based GAC Group, will issue a Request for Proposal (RFP) for a Jones Act-compliant LNG bunker barge to be constructed…

15 Apr 2021

BHP Completes Its First Ship Refueling with Biofuel

Credit: BHP

BHP Group Ltd said on Thursday it completed its first refueling of a ship with biofuel this month in a trial run that is part of its efforts to reduce carbon emissions.It was also the first time that a ship has been refueled with biofuel in Singapore, the world's largest bunkering hub.A biofuel blend derived from certified sustainable feedstock sources such as cooking oil, crude tall oil and sewage sludge was used on April 4 to refuel the 81,000 deadweight tonne dry bulk carrier…

04 Feb 2021

U-Ming VLOCs Protected by Nippon Antifouling System

U Ming’s 2017-built 187,888dwt bulk carrier Cape Galaxy is one of twenty vessels to have benefited from the efficiency gains achieved with Nippon Paint Marine’s A-LF-Sea low-friction antifouling

Grand Wisdom, the second very large ore carrier (VLOC) to join the U-Ming Marine Transport fleet, has been delivered with a protective hull coating from Nippon Marine Paint’s A-LF Sea product range.Delivered in December from Beihai Shipbuilding Heavy Industry’s shipyard in Qingdao, China, Grand Wisdom is the second in a pair of eco-friendly bulkers to join the owner’s 48-strong fleet. Sister ship Grand Pioneer, delivered in August, represented the Taipei-headquartered shipowner’s entry into the VLOC market.Motoi Takeuchi…

13 Jan 2021

Shipowners’ Low Carbon Fuel Options Gain Speed

 Lars Liebig, Managing Director, Uniper Energy Dubai (UED)

In the next decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners? They must be nimbler than ever – a shift that requires work. It means greening supply chains, bolstering energy efficiency, nurturing more partnerships, streamlining costs, and becoming adept at green finance (frequent change can be expensive to start with). All will help shipowners’ fuel portfolios adapt to the inevitable…

19 Oct 2020

Nippon Paint Marine Upgrades Its Hull Monitoring Solution

Berge Bulk Maritime has specified the low-friction A-LF Sea coating for its fleet of bulk carriers (Photo: Nippon Paint Marine)

Nippon Paint Marine said it has enhanced its existing hull condition monitoring software by adding the XSHIP Performance tool to its established KP Analysis fuel saving system.While Nippon Paint Marine’s in-house KP Analysis Team’s service has been offered to verify the fuel and power saving of its low-friction LF-Sea antifouling range since 2006, the introduction of the ISO 19030 standard in 2016 has been widely accepted by the industry as a means of verifying the performance of hull coatings.According to the coatings manufacturer…

16 Sep 2020

Petronas Exec Sees Number of LNG-fueled Ships Doubling by 2030

Image Credit: Avenir LNG

The number of ships fueled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by the shipping industry's desire to cut emissions, a senior executive at Malaysia's Petroliam Nasional Bhd (Petronas) said on Wednesday.Currently, less than 400 out of a total of more than 80,000 registered ships, run on LNG as fuel source. This number could increase to 1,000 vessels globally by 2030, said Mohd Rafe Mohamed Ramli, head of global LNG bunkering at Petronas Marine.The shipping industry has been under pressure to reduce carbon emissions…

11 May 2020

BIMCO: 2020 and the Collapse of Bunker Fuel Markets

Source: BIMCO

The sulfur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the center stage in the shipping industry at outset of the new decade. Four months on, the spotlights have turned to the coronavirus and the OPEC+ oil price war.The outlook for global economic growth remains bleak as the world is faced with the largest recession since the Great Depression in the 1930s.Commodity prices have declined across the board and most recently…

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