BunkerTrace Goes Live
On Friday, BunkerTrace, the unique blockchain and DNA- based fuels tracking solution, announced its commercial launch shortly after a successful trial in the Netherlands on Thursday, October 3, which was conducted in partnership with Cooperative Bebeka. Announcing the launch at Aracon, BunkerTrace is now ready to receive requests for commercial partnerships and adoption by bunker suppliers, ports and operators.The solution, which adds DNA markers to fuel at every stage of the supply chain and records each transaction in a blockchain-based system…
Bureau Veritas Kick-starts LNG Bunkering
International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick-starting the LNG bunker chain. Jean-Francois Segretain, Technical Director, Marine and Offshore Division, Bureau Veritas says, “We really believe that LNG has great potential as a clean fuel for shipping. But fears over its availability in the bunker chain are holding back owners from adopting it.
Classification Leaders Weigh in on Marine Propulsion
When talk turns to marine propulsion and the host of surrounding topics – emissions, efficiency, fuel consumption – we turn to class for answers. While there are just two questions, the ensuing answers from leaders at ABS, BV, ClassNK, DNV GL, LR and RINA are voluminous & enlightening. The stricter environmental regulations and rising fuel costs lead to technology development in design, size, propulsion and operations. This goes well beyond LNG as fuel, and we believe we will see a more diversified mix, with batteries, hybrids, methanol and so on.
Fratelli Cosulich Develops Bunker Chain
Fratelli Cosulich has taken a further step in its strategy to become a fully fledged physical bunker supplier controlling the whole chain by taking delivery of the third of its new high capacity bunker tankers. The 6,500 dwt Emma Cosulich was delivered last week from China's Sopo shipyard at Zhengjiang and follows two similar vessels, the Maria Cosulich and the Teresa Cosulich, which are currently operating in the port of Singapore as bunker barges. Investment in the barges was the first step in extending control of the bunker chain. Currently Fratelli Cosulich is negotiating storage facilities in Singapore and plans to buy full cargoes of bunker fuel from Middle East producers.
