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New Bunkering

Singapore Establishes New Bunker Standards

Singapore’s bunkering industry will receive a boost with the implementation of a new national standard. As of June 1, 2007, all bunker suppliers in Singapore are required to be certified in accordance with the new Singapore Standard on Quality Management for Bunker Supply Chain (SS 524:2006), in order to renew their bunkering licenses. This was announced by Lim Hwee Hua, Minister of State for Finance and Transport at the opening of the 14th Singapore International Bunkering Conference (SIBCON 2006).


TOTAL Increases Le Havre Options with New Barge

sara31.jpg

  Total Marine Fuels has increased its bunkering capacity at the port of Le Havre and at the Port 2000 container facilities with the delivery of its new bunkering barge, FS Sara.  At the same time, TMF is also making low-sulphur fuel oil available at the French port for the first time. The double-hulled seagoing FS Sara has capacity for 7,500 MT of fuel oil and 500 MT of MGO, and is to start work immediately.  


BIMCO and IBIA Electronic Bunkering Guide

BIMCO, in partnership with the International Bunker Industry Association (IBIA), has launched a new bunkering guide designed primarily for use by ships’ crew. BIMCO Asia Liaison Officer Thomas Timlen, and IBIA Chief Executive Ian Adams released the BIMCO and IBIA Bunkering Guide on October 27 to delegates in Singapore attending the 16th Singapore International Bunkering Conference. A limited number of hard copies of the electronic guide were offered to delegates


Dubai Maritime City Authority Spearheads Effort to Establish UAE Bunker Standard

Dubai_Bunkers.JPG

DMCA focuses on key issues covering safety, environmental sustainability and dispute resolution in bunkering industry.   Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, has announced that it is leading a new initiative that seeks to establish a professional bunkering standard in the UAE. DMCA has further revealed that it has gathered key stakeholders in the UAE bunkering industry


Dan-Bunkering Restructures for Expansion

Mikkel Søholm Vestergaard

Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position, continue expansion in the marketplace and to accommodate a newly implemented strategy. “We must secure our position in the Asian region and look for further opportunities in this for us very important region. In order to achieve this, Managing Director of Dan-Bunkering (Singapore) Pte. Ltd


Jensen Develops 2 New LNG Bunker Barge Concepts

Image: Jensen Maritime Consultants, Inc.

Jensen Maritime Consultants, Inc., a naval architecture and marine engineering firm owned by Crowley Maritime Corp., has developed two new liquefied natural gas (LNG) bunker barge concepts.   The two new fully customizable concepts aim to offering customers maximum flexibility and improved safety features, the designer said.   The first concept involves outfitting an existing barge with an above-deck LNG tank


ExxonMobil returns to Gibraltar market

ExxonMobil Marine Fuels (EMMF) has re-entered the Gibraltar bunker supply market, after an absence of two years. EMMF has secured availability of a full range of products, including fuel oil, diesel and gas oil, in Gibraltar. Iain White, business development manager at EMMF, says, " Gibraltar is a strategically important center for the supply of marine bunkers. We are delighted to have re-established our presence in what is a vital part of the Mediterranean bunker supply chain


FIS Makes Bunker Swaps Simple

London - Freight Investor Services has expanded its rapidly growing commodity broking business into cleared, over-the-counter bunker swaps. The new service – the Fuel Oil Single Swap (FOSS) - comes in response to escalating bunker prices, which are hurting shipowner margins at a time of historically low freight rates. The new FIS offering will include three fuel oil contracts: Singapore 380 centistokes (CST), Singapore 180 CST and Rotterdam 3.5% sulphur barges FOB


Ship-to-Ship LNG Bunkering Available in Stockholm Ports

Ports of Stockholm claims first in the world to provide infrastructure for liquefied natural gas (LNG) fuel for large passenger ferries. A successful collaboration involving AGA, Viking Line, Ports of Stockholm and the appropriate government agencies has made an infrastructure for bunkering possible. "Our new passenger ferry, M/S Viking Grace, represents an environmental milestone, and the ability to provide LNG bunkering opportunities is a very important piece of the jigsaw in our


Shippers Take Measures to Limit OW Bunker Fallout

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading. OW Bunker filed for bankruptcy in November after losing almost $300 million in alleged fraudulent trading in Singapore, leading to claims by distributors who sold shipping fuel on behalf of OW Bunker but had not been paid.


SENER Debuts LNG Bunker Vessel Design

(Credit: SENER)

Relying on more than four decades of experience and activities in the maritime and energy markets, including the design of a Floating Regasification and Storage Units (FSRU), SENER technology and engineering Group has developed its own design of a Liquefied Natural Gas (LNG) bunkering vessel.


BIMCO: Container Shipping Faces Low Supply Growth

CSCL Globe on sea trials. (Photo: Hyundai Heavy Industries)

While the containershipping market continues to welcome a fleet of modern, mammoth efficient ships to the fold, it will struggle in 2016 with low supply growth that will test its mettle, according to a recent analysis from BIMCO. Overall, container volumes being moved around the world have grown


Keppel, BG Group JV to supply LNG Bunkers in Singapore

BG Group and Keppel to fuel ships with LNG in Singapore Photo BG Group

First delivery of LNG bunker expected to commence in 2017 Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of


Aqualis Offshore Lands Study Job for LNG Barge

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.   


Antwerp set to Build Bunker Station

Courtesy Port of Antwerp

  But now that the LNG Master Plan has come to an end the LNG story is not finished. Far from it: this was just the start, paving the way for promising new projects. Specifically, the port of Antwerp is getting ready to build an LNG bunker station for barges


Europe's 'LNG Masterplan'

Port of Rotterdam / Marjolein Boer

The European Union has facilitated this project between 2013 and 2015. The project cost a total of 34 million euros, 17 million of which were provided by the European Union from the TEN-T Program.   "We can say 'well done' to all parties involved


TRIYARDS Bags $ 22 mln CPC Contracts

  TRIYARDS Holdings Limited has secured contracts to build two oil barges worth NTD 716 million (equivalent to approximately about US$21.82m) from a new client, CPC Corporation, a Taiwan state-owned oil and gas company responsible for supplying energy to its domestic market.


64% Gowth for LNG Bunkering Market

Photo: Ramboll Oil and Gas

 Detailed insights and analysis of the global market for LNG bunkering fuel have been included in a new market research report recently published by Transparency Market Research (TMR).   The report includes an analysis of market’s historical statistics to present an overview of


Bright Future for LNG Bunkering - TMR

Image Courtesy TMR

  Transparency Market Research (TMR) have given a detailed insights and analysis of the global market for LNG bunkering fuel in its recently published market research report. On the basis of capacity, the market, which had a valuation of mere 70 kilo tons in 2013


Low Bunker Prices Benefit Ship Owners in 2015

Graph: Poten & Partners

 As 2015 draws to a close and the Worldscale Organisation published the new 2016 Flat Rates, Poten and Partners goes through the annual exercise of updating Flat Rates in its systems.    This highlighted once again the significant changes in bunker prices that occurred over the


Recovery for European Shipowners?

Pic: Maersk Line

 European Shipowners may increase freight rates or renegotiate bunker clauses in the coming year in order to capitalise on lower crude oil prices and consolidate the recovery seen in 2015, reports ICIS.   Bunker fuel prices came down significantly amid lower crude oil prices but some


First LNG-fuelled Bulker as per DNV GL New Rule Set

Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime (left) with Mikki Koskinen, Managing Director of ESL Shipping Limited. Courtesy DNV GL

ESL Shipping’s new dual-fuelled bulk carriers will not only be the first large LNG-fuelled bulkers, but the first vessels constructed to the new DNV GL rule set, the classification society announced. Due for delivery in early 2018, the two 25


First LNG Bunkering Operation for TOTE in Jacksonville

LNG Bunkering underway in the port of Jacksnonville, FL (image: TOTE Maritime)

TOTE Maritime Puerto Rico Successfully Performs First LNG Bunkering at Jacksonville Port. On Saturday, January 9, 2016, TOTE Maritime Puerto Rico successfully loaded LNG bunkers aboard the world’s first LNG powered containership, MV Isla Bella


Singapore: New Bunker Sales Record, Container Throughput Falls

Photo: Ministry of Transport, Government of Singapore

 Singapore’s maritime industry had a mixed performance in 2015. While the Republic remained the world’s top bunkering port, with the volume of bunkers sold last year increasing by 6.5 per cent, container and cargo throughput contracted by 8.7 per cent and 1.1 per cent respectively


Box Rates Drop, Chinese New Year No Help

File Image:Maersk

Falling shipping freight rates for transporting containers from Asia to Northern Europe on Friday showed there was no traditional surge in cargo exports from China ahead of the Chinese New Year, indicating a bleak outlook for the industry.






 
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