Key finding is that demand for the deep sea trades could grow significantly if LNG bunkers are competitively priced compared with other fuel options. The 52-page study, which is being launched at Gastech 2012, assesses the likely scale of demand for LNG fuel and LNG-fuelled newbuilds using a unique interactive model of data drawn from major industry stakeholders. The 2011-2012 study says global acceptance of LNG as a marine fuel will depend on the development of a global bunkering infrastructure as well as viable pricing. It advises owners to consider fuel flexibility while the various options are weighed. The study, which aims to help clients draft plans for future emissions compliance with the IMO’s Marpol Annex VI rules and Emission Control Areas (ECAs), will help foster the future design and technology of vessel propulsion systems. The study is available here.
The largest port in Europe & the largest port in Scandinavia, sign an alliance to push availability of LNG as maritime fuel. The Port of Rotterdam and the Port of Gothenburg both located within the SECA area in northern Europe where stricter rules governing sulphur in maritime fuel are due to be introduced in 2015 aim is to have infrastructure for LNG bunkering available once the sulphur regulations come into effect.
Leading international classification society Bureau Veritas has given approval in principle for the basic design of a 14,000 teu containership to be powered by LNG. The design was developed in a joint industry project between Korea’s Daewoo Shipbuilding & Marine Engineering, liner major CMA-CGM and Bureau Veritas. Says Jean-Francois Segretain, deputy technical director, Bureau Veritas, “The market will determine when these ships can be ordered and built
Rolls-Royce, the global power systems company, has received the "Next Generation Ship Award‟ for its Enviroship Concept. The winning ship design is for a short-sea general cargo vessel which integrates a highly efficient gas power and propulsion system with an innovative hull design to provide a significant reduction in emissions. “We are pleased that our Enviroship Concept has been recognised by the maritime industry for its contribution to the ongoing development of
According a new forecast by MEC intelligence nearly 10,000 vessels could be adopting LNG propulsion by 2020 triggering a huge growth in the market. Companies in all aspects of the maritime value chain– oil majors, terminals, ports, bunker suppliers, service companies, component producers, vessel owners and charterers – need to rethink their offerings.” A ground breaking report published by the maritime cleantech market insight firm MEC Intelligence estimates more than 5%
Rolls-Royce, the global power systems company, has signed a contract to deliver highly efficient engines and propulsion systems for the world’s first Liquid Natural Gas (LNG) powered tugs. The two vessels have been ordered by Norwegian company Buksér og Berging AS and will enter service in late 2013 for Statoil, the international energy company, and Gassco, the operator of the gas transportation network off the Norwegian coast
Logistics industry leaders detail important shifts in sustainable practices at the recent 2013 Georgia Foreign Trade Conference (GFTC). From major retailers to trucking and shipping, the companies represented at the 45th annual GFTC, are making major strides in emissions control, reduced energy consumption and cost savings. “American companies and ports are working together to reduce the environmental footprint of the transportation sector
Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries. While Crowley’s overall strategic focus on the LNG market will span several of its diversified business
The Port of Rotterdam reports 2012 fuel oil bunker volume fell from 11.6 to 10.3 million tonnes. The Port of Rotterdam Authority attributes the decline as a whole to the more efficient way of sailing adopted by shipping (‘super slow steaming’). However, gas oil bunkering increased slightly; from 530,000 to 550,000 tonnes. Container vessels account for almost half of the close on 23,000 bunkers sold and three-quarters of the total quantity of fuel oil bunkered
LNG-fuelled bulk carrier design developed by COSCO Shipyard Group, Golden Union & Lloyd’s Register moves industry along. Lloyd’s Register has provided approval in principle (AIP) for the new ‘Clean Sky’ bulk carrier design incorporating an LNG-as-fuel system. COSCO, Golden Union and Lloyd’s Register started the project in June 2011 to investigate the potential to develop a commercially viable bulk carrier design based on an existing COSCO conventional design
The Department of Energy is likely to approve additional permits this year to companies looking to export liquefied natural gas more broadly, reports Market Watch, citing Morgan Stanley. Freeport LNG has recently received DOE approval to export LNG to countries without a free trade agreement with
Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier training courses to SIGTTO Training Standards. Lloyd's Register has awarded Approved Training Provider (ATP) Certification to Hae Young Maritime Services Co. Ltd
FMC Technologies entrusted Rina Group’s company, RINA Services, with the Technology Qualification of its new technology loading arms designed for installation on the FSRU Toscana and also the Chiksan Articulated Tandem Offshore Loader (ATOL) marine loading arms.
March 2013 saw Rolls Royce collect the Green Ship Technology Award at the Green Ship Technology Conference in Hamburg for its Environship concept, which has lean burn Bergen Engines gas power units at it core. The Environship combines a range of Rolls Royce technologies (Bergen Engines is a
Pacific Northwest LNG awards FEED contract, takes next step toward an LNG export terminal island on Lelu Island, near Port Edward. The front-end engineering and design (FEED) contract will see three firms working together to design the terminal and work on feasibility studies in the Port
Nicolai Baden has joined Dan-Bunkering (Monaco) S.A.M. as of May 6, 2013. Nicolai has more than 12 years of experience within agency, vessel operation and bunker trading.
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the Strategy Roundtable of Floating LNG 2013, the world’s largest conference on floating LNG on Wednesday, June 12, 2013. Mr
The Dubai office of worldwide bunker trading company, A/S Dan-Bunkering Ltd., will be beneficiated by yet another Bunker Trader, Arjun Sundar, relocating from Denmark. Arjun is originally from India but has been working with Dan-Bunkering in Middelfart since 2011
The Singapore Maritime and Port Authority (MPA) issued a news release stating that four persons are being charged with corrupt practices for conspiring to engage in illegal bunkering activity. A Bunkering Deal Gone Awry The bunkering industry in Singapore is a lucrative business with more
On May 17, 2013, Mitsubishi Heavy Industries Ltd. (MHI) will sign an agreement with Mitsui O.S.K. Lines Ltd. (MOL) to build a Sayaendo series new-generation liquefied natural gas (LNG) carrier. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull
ITIC revealed how an invoicing error led to a shipbroker being asked to foot the bill for a bunker supply amounting to more than three-quarters of a million dollars. In its latest Claims Review, ITIC cites the case of a chartering broker which arranged a fixture for a voyage from the Black Sea
Since acquiring Sobrena, Damen Shiprepair Brest has serviced 50 vessels from leading shipowners and managers. The yard’s work portfolio includes a large number of Afra/Suezmax tankers and LNG carriers. The latest project concerns the Höegh LNG owned and MOL LNG Transport
The worldwide supplier of bunker fuels, A/S Dan-Bunkering Ltd. will shortly open another office – this time in Dubai. In this connection, Bunker Trader Anders Bønnelykke will relocate from Middelfart to join the new office.
The Danish owned worldwide supplier of bunker fuels, A/S Dan-Bunkering Ltd., already has offices in Denmark (Middelfart and Copenhagen), China (Shanghai and Beijing), Russia, Singapore, Monaco, and the U.S. and will shortly open their latest addition to the Dan-Bunkering group in Dubai.
Interlake Steamship moves toward upgrading its fleet to energy efficient, more environmentally friendly LNG fuel. The company has announced that it has reached an agreement in principle with Shell to supply liquefied natural gas (LNG) to support Interlake’s conversion of its vessels