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01 Feb 2024

ICS Proposes Zero Emission Shipping Fund to IMO

Source: ICS (Shutterstock)

The International Chamber of Shipping (ICS) has submitted a detailed proposal to the IMO for a Zero Emission Shipping Fund.In recognition of the urgency to move forward with workable solutions to meet ambitious net zero targets, shipowners globally have agreed to mandatory contributions on ships’ GHG emissions to raise billions of dollars annually, says ICS.The shipping industry’s updated proposal is co-sponsored by Bahamas and Liberia (two of the world’s largest flag State administrations, measured in gross tonnage).

22 May 2023

Managing Offshore Oil & Gas Through Energy Transition

Copyright bomboman/AdobeStock

Scientists warn that climate change is the greatest peril that humankind has ever faced. Yet oil and gas exploration is set to clock the highest growth for more than a decade this year and next. Protesters cause disruption but, for the moment, hydrocarbon energy underpins life as we know it“Offshore oil and gas production probably matters now more than ever,” said Audun Martinsen. The Rystad Energy Partner and Head of Energy Research told Maritime Reporter & Engineering News.“It


27 Mar 2023

ZIM and Shell Complete First LNG Bunkering in Jamaican Waters

(Photo: ZIM)

ZIM Integrated Shipping Services Ltd. and Shell International Petroleum Company Limited announced the successful bunkering of the ZIM SAMMY OFER containership with liquefied natural gas (LNG), marking the first LNG bunkering operation in Jamaican waters. The vessel was bunkered at Kingston Freeport Terminal Limited (KFTL) on March 26, 2023. The ZIM SAMMY OFER is the first in a series of ten 15,000 TEU LNG dual-fuel containerships which ZIM plans to deploy on their ZCP trade line.

09 Jun 2022

Ship Fuel and Lube Costs Are Skyrocketing

© jsp / Adobe Stock

The $300 billion bunkering market is at a critical juncture due to the double whammy of the geopolitical crisis and the uncertainty surrounding the regulatory framework pertaining to the decarbonization of the shipping industry.“Bunkering has been hit from the trickledown effect of the sanctions against Russia, and this of course has had a serious impact on prices. Pre-war, the global prices were around $750-$850 per ton, and now we are looking at prices above $1,000,” said Alexander Prokopakis


03 May 2021

Titan LNG to Build New Bunkering Barge

(Image: Titan LNG)

The Netherlands-based marine fuel supplier Titan LNG launched a tender for a new liquefied natural gas (LNG) bunkering barge to service the Zeebrugge and English Channel regions. The first delivery is expected to be fulfilled in 2023.The 4,200 cubic meter capacity vessel, to be named Krios, was designed by HB Hunte Engineering. It will operate with multiple tanks to segregate streams of LNG and bio-LNG, the sustainable carbon neutral fuel produced from biological waste streams.

30 Apr 2019

Diesel Traders: Shortage is Coming

© Petr Ciz/AdobeStock

Gasoil traders expect the middle distillates market to stay well supplied until almost the end of 2019 before swinging into deficit with the introduction of new maritime fuel regulations.Calendar spreads for low-sulphur gasoil delivered to Europe's Amsterdam-Rotterdam-Antwerp hub are currently in contango through until October before shifting to backwardation from November onwards.In futures markets, contango structures, where future contract prices are higher than front-month prices, are associated with expectations of adequate or rising inventories.

30 Apr 2019

Diesel Traders See Shortage, but not yet

File Image: AdobeStock / © Kasto

Gasoil traders expect the middle distillates market to stay well supplied until almost the end of 2019 before swinging into deficit with the introduction of new maritime fuel regulations.Calendar spreads for low-sulphur gasoil delivered to Europe's Amsterdam-Rotterdam-Antwerp hub are currently in contango through until October before shifting to backwardation from November onwards (https://tmsnrt.rs/2WgXabR).In futures markets, contango structures, where future contract prices are higher than front-month prices, are associated with expectations of adequate or rising inventories.

09 Apr 2019

Gothenburg Port Intros New Bunkering App

The Gothenburg Port Authority launched a digital solution designed to make bunkering at the Energy Port easier and more efficient.The new ‘Bunkering App’ is one of the first in the world to offer this range of functionality, said a press release from the  largest port in the Nordic countries.The Port of Gothenburg Energy Port is the largest open access energy port in the Nordic region, handling over 2,500 calls and more than 23 million tonnes of energy products each year. The Energy Port is also one of the world's larger bunkering hubs. In an effort to make the bunkering procedures easier and more efficient, the Gothenburg Port Authority has developed the new ‘Bunkering App’.The app is available to all bunkering operators at the Energy Port.

27 Nov 2018

Swedegas Renewable Gas Bunkering at Gothenburg Port

Swedegas, the owner of the gas grid in Sweden, conducted the first liquefied natural gas (LNG) bunkering operation at its new facility at the Port of Gothenburg.Gothenburg-based shipping company Terntank was the very first operator to take on  LNG at a new bunkering facility, said the Swedish owner and operator of the high-pressure gas grid.Not only liquefied natural gas, LNG, but also liquefied biogas, LBG, it added.“Being able to offer this unique opportunity represents a major breakthrough, not only in facilitating the transition to LNG, but also in gradually increasing the proportion of renewable gas,” said Johan Zettergren, Chief Executive of Swedegas, which owns and runs the facility.The facility is the only one of its kind in Sweden, it claimed.

07 Nov 2018

Saras Invests in New Bunkering Terminal

© Riccardo Arata / Adobe Stock

Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International Maritime Organization (IMO) will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, in one of the biggest changes in the oil market in decades.Refineries around the world have been gearing up for the switch by reducing output of high-sulphur fuel and upgrading plants to maximize production of the cleaner


02 Nov 2018

PitPoint.LNG Preps Europe’s First STS LNG Bunkering Station

PitPoint.LNG, a joint venture between PitPoint clean fuels and Primagaz Nederland BV, received the official permit for the construction of Europe’s first shore-to-ship (STS) bunkering station for LNG in the Port of Cologne.With this important milestone now in place, the civil engineering work can start for the LNG bunkering station, which is scheduled to be operational by the second quarter of 2019.Since the plan for the new bunkering station was announced in June last year, PitPoint.LNG has been working hard to complete the thorough and substantial permit application process.The permit, required under the Bundes-Immissionsschutzgesetz (German Emission Control Act) to guarantee the safety of LNG as a fuel for shipping


04 May 2018

Stena Oil Rolls Out Scandinavia's Largest Bunkering Terminal at Frederikshavn

Stena Oil has signed an agreement to create a new marine fuel terminal in the Port of Frederikshavn. The facility will be fully adapted for the new Sulphur Directive 2020 and its location will reduce the distances travelled by bunkering vessels. The oil terminal will be the largest of its kind in Scandinavia, with a capacity of 75 000 cubic metres. "We are delighted to be developing our business in Frederikshavn. We will create a state-of-the-art terminal that can handle all fuel types that meet the IMO’s global sulphur directive, which comes into effect in 2020. In combination with our Gothenburg terminal, we will have the capability to serve our customers even better. We are also investing in a new bunkering vessel.

27 Apr 2018

IMO Calls for Govts Support for 50 % Co2 cut by 2050

The ICS Chairman was commenting on the ambitious IMO strategy to cut the total greenhouse gas emissions of shipping by at least 50% by 2050, compared to 2008 – with an agreed efficiency goal, as an average for the sector, for a 40% improvement by 2030 compared to 2008, and a 70% improvement by 2050 – so that the entire sector will be in a position to decarbonise completely, consistent with achieving the 1.5 degree climate change goal identified by the UN. “It’s important that governments recognise the enormity of what has been agreed by IMO. While the ultimate goal is zero emissions, a 50% total cut by 2050 is very ambitious indeed, especially when account is taken of current projections for trade growth” said Mr Poulsson.

03 Aug 2017

SEA\LNG Calls for Unified Commitment as 2020 Sulfur Cap Looms

SEA\LNG, the multi-sector industry coalition working to facilitate and accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today urged the industry as a whole to redouble its commitment to compliance with, and enforcement of, IMO Marpol VI Regulations. SEA\LNG recognises that the Port State Authorities have a clear obligation under the governing Treaties to ensure even handed and consistent enforcement of the IMO regulations. While enforcement has always been a difficult issue, now is the time for all IMO members to understand the importance of this regulation and ensure that it is implemented and enforced as envisioned.

23 Dec 2016

New Bunkering Procedures in Singapore

The Standard Club has quoted a  a circular earlier this year by the Maritime and Port Authority of Singapore (MPA) for the mandatory use of the mass flow metering (MFM) system for marine fuel oil (MFO) deliveries in Singapore with effect from 1 January 2017. The circular covers the set of core requirements for metering system qualification, installation, testing, procedures and documentation for MFO deliveries via the MFM system in the port of Singapore. From 1 June 2016, all bunker suppliers, bunker craft operators and bunker surveyors are already required to comply with the requirements and procedures of TR 48:2015 for all MFO deliveries via the MFM system in the Port of Singapore.

04 Mar 2016

Vitol's New Bunkering Partnership in Nigerian Waters

International oil trader Vitol Group (Vitol)  has started a new bunkering operation in Nigerian waters with shipping and logistics firm PPP FM Bunkers (PPPFM), supported by the Secure Anchorage Area (SAA) West Africa. Nigeria's PPPFM is fully licensed by that country's Department of Petroleum Resources, according to Vitol. "Fully licensed by the Department of Petroleum Resources, PPPFM entered into an agreement with Vitol to be able to guarantee clients the best quality bunker fuels in the West African region," explained Vitol in the announcement. Bunkers are supplied to clients utilising PPPFM’s bunkering vessels / barges with all operations protected by the Secure Anchorage Area team


07 Jun 2015

Nordics First Bunkering Station for LNG

Skangas announced that the first ever bunkering station for liquefied natural gas (LNG) in the Nordics is open and operating successfully. The new bunkering station fuels Fjord Line’s cruise ferries, which are the first - and largest - in the world to use "single fueled LNG engines," meaning that they are powered exclusively by LNG. Loading arm is a well-known method of transferring cargo for large oil and LNG terminals. According to Skangas, this is the first loading arm ever developed purely for bunkering. LNG ships have normally been bunkered via hose connections from a truck or a tank. Widely recognized as a safer transfer method, a loading arm can provide a much higher rate of transfer.

13 Apr 2011

Aegean Marine Gets New Bunkering Tanker

Aegean Marine Petroleum Network Inc. (NYSE:  ANW) announced that it has taken delivery of the Tilos, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is being deployed to Singapore to support the company's existing bunkering operations in this market. E. Nikolas Tavlarios, President, commented, "We are pleased to take delivery of the Tilos. In deploying this new double-hull vessel to Singapore, we have ensured our ability to meet the needs of our customers in the largest bunkering market in the world after having chartered some of our vessels to top counterparties. As we continue to expand our high-quality logistics infrastructure and meet the demand for modern tonnage


04 Nov 2010

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, who learned how the guide will provide general information and guidance on, among other things, the expanding regulatory regime affecting the bunkering industry. Ian Adams explained to delegates


07 Jul 2010

New Barge Speeds Le Havre Bunker Options

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, Cimil. The 4,500 tonne capacity bunker tanker is highly manoeuvrable and can deliver blends and different grades at 500 tph. Christophe Girardot, General Manager TOTAL Marine Fuels, says, "Cimil is a modern and flexible barge which will complement the bunker delivery capacity we have in Le Havre with our current barge ST Sara. It will improve service to our contract clients, mostly liner and cruise operators, while allowing us to offer a replacement to the  ntifer pipeline service for tankers, which is out of service this year.

24 Aug 2009

Aegean’s New Bunkering Tanker

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Kerkyra, a 6,290 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar. E. Nikolas Tavlarios, President, commented, "Including the Kerkyra, Aegean has taken delivery of seven double-hull bunkering vessels to date in 2009. As we continue to execute our well-capitalized growth plan, we expect to enhance our ability to meet the strong demand for modern tonnage and strengthen Aegean's leading brand for the global supply of marine fuel. We intend to deploy the Kerkyra to Gibraltar in order to further develop future sales volumes in this broad and attractive region."

16 Sep 2009

New Bunkering System Passes Field Tests

Nautical Control Solutions (NCS) announced that Buffalo Marine Service of Houston successfully tested its FuelTrax bunkering system on a delivery of 1,500 metric tons of IFO 500 to Maersk Wyoming, a 292-meter container ship operated by Maersk Line, the liner shipping activity of the A.P. Moller – Maersk Group (MAERSKB:Copenhagen). The test took place on August 26, 2009 at Barbours Cut terminal at the Port of Houston. The crew of Buffalo 401k pumped at the rate of 250 metric tons per hour, with accuracy measured to less than 0.1% between the barge and the ship. Accuracy was verified by Maersk Wyoming’s own in-line mass flow meter. The FuelTrax-based system provides real-time measurement of bunker deliveries irrespective of product type, viscosity, or temperature.

07 Feb 2010

Aegean’s New Bunkering Tanker

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar. E. Nikolas Tavlarios, President, commented, "We are pleased to continue to execute our growth strategy with the delivery of the Zakynthos. By once again expanding our high-quality logistics infrastructure, we have further enhanced our ability to meet the strong demand for modern tonnage and strengthened our leading industry brand.