Mercuria, PetroChina Selling Offshore Stored Fuel Oil
Three to four tankers storing fuel oil, down from eight or nine. Independent trading house Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia on strong demand from the shipping and power sector, several trade sources said on Friday. The number of vessels storing fuel oil has halved from a month ago as Mercuria and PetroChina may have resold cargoes purchased over March to May, the sources said. Geneva-based…
Wärtsilä Dual-fuel Engines for Tanker Newbuilds
Wärtsilä said it has been contracted to supply the engines, propellers and fuel supply systems for four new tanker vessels. The ships will run on both liquefied natural gas (LNG) and diesel, and are being built at the Scheepswerf Ferus Smit yard in the Netherlands for Sweden based Erik Thun AB. The order with Wärtsilä was booked in the first quarter of 2017. In 2014, the Scheepswerf Ferus Smit yard built two cement carriers on behalf of Erik Thun AB. These are now operated by JT Cement; a joint venture company with Norway based KG Jebsen Cement.
Statoil, AET Expand Shuttle Tankers Contract
Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group, MISC Berhad, to operate two specialist DP2 offshore loading shuttle tankers (OLSTs) on long-term charter. These new vessels will be in addition to the two AET DP2 ships currently on charter, in the same area, for Statoil. These new vessels are in addition to the two AET DP2 ships currently on charter in the same area for Statoil.
Passenger Ferry Delivered to New Caledonia
A new 36-meter monohull passenger ferry Mary D Seven has been delivered for Mary D Cruises in New Caledonia. Designed by Incat Crowther and built by Strategic Marine, the vessel will operate with yacht-like style on the route between Noumea and Amedee Island during the day, and as a dinner cruise vessel in the evenings, returning greater utilization of the asset. The main deck is arranged to support the transit operation by day and dinner cruises in the evening. The deck features 108 passenger seats primarily in booth seating with tables…
LNG Platform Supports HFO Ban in Arctic
German Maritime LNG Platform signed the Arctic Commitment, joining a diverse group of international companies, organisations, politicians and polar explorers calling for a ban on heavy fuel oil (HFO) use in Arctic shipping. "The Clean Arctic Alliance welcomes the German Maritime LNG Platform as a signatory of the Arctic Commitment. The LNG Platform joins a growing international movement calling for a ban on the use of HFO by ships in the Arctic’s pristine and fragile environment”…
CEFC Bags Bunker Licence for Zhoushan Free Trade Zone, China
CEFC China Energy was awarded a licence by Zhoushan Free Trade Zone for supply marine bunker fuel off the east coast of China to vessels on international voyages, reports Reuters. The report quoted two CEFC officials saying that the license is to supply bunker fuel from bonded storage to vessels that call at the Zhoushan area. The Zhoushan Free Trade Zone is in the coastal province of Zhejiang and is a new free trade zone the Chinese government approved earlier this year to boost commodities trade.
Alfa Laval: New Test Facilities, New Technologies
Heat transfer, separation and fluid handling technology specialist, Alfa Laval, has expanded its Test & Training Center in Aalborg, Denmark with a new gas testing facility. At the same time it continues developing new technologies in the areas of ballast water treatment, sulfur oxide emission control, touchscreen boiler control, fuel efficiency automation for inert-gas systems and methanol booster systems. Alfa Laval, a global provider of specialized products and engineering solutions based on the key technologies of heat transfer…
GoodFuels Launches Sustainable Drop-in Marine Fuels Pilot
Heineken Netherlands, Nedcargo and sustainable fuel market-leader GoodFuels have launched a pilot to demonstrate a sustainable drop-in marine fuel on-board of the ‘For Ever’ – an inland barge dedicated to transport Heineken export beer, from the Heineken brewery in Zoeterwoude to the deep-sea terminals in Rotterdam. The advanced marine fuel supplied by GoodFuels contains 30% biofuel and thereby reduces CO2-emissions by more than 25%, whilst also sharply reducing local emissions as nitrogen and particulate matter.
India's LNG Market to Reach USD 30.7bln by 2025
India Natural Gas and LNG market is expected to grow from US$ 19.7 billion in 2015 to US$ 30.7 billion by 2025 at a CAGR of 5.06% between 2016 and 2025. According to a report by Research and Markets, natural gas including Regasified Liquefied Natural Gas (R-LNG) in India has been widely recognized as the fuel with multiple promising aspects. The present situation of the gas sector in India is going through multiple challenging phase. Due to its high macroeconomic growth visions and increasing population…
Ecoslops, Total Plan Micro-refinery in La Mède
Ecoslops, a company that upgrades ship-generated hydrocarbon residues, or “slops”, into valuable new fuels and light bitumen, said is has signed an agreement with TOTAL Group to set up a maritime transport induced oil residue waste-processing unit at La Mède, near Marseilles in the Bouches-du-Rhône. The agreement comes after the completion of technical and commercial studies, which commenced last year and were announced as a Memorandum of Understanding (MOU) in September 2016. ECOSLOPS will build and operate the micro-refinery in La Mède, while TOTAL will provide services and all necessary utilities. The valuable commercial products (new fuels and light bitumen) produced by the unit will be sold on local or international markets.
Knutsen Orders Four ME-GI Engines
Norwegian operator Knutsen OAS Shipping has ordered four MAN B&W 5G70ME-GI engines with EGR systems in connection with the construction of two 180,000 m3 liquefied natural gas (LNG) tanker newbuildings. Upon delivery in 2020, the vessels will transport cargoes worldwide for two Spanish utility companies. According to the engine’s manufacturer MAN Diesel & Turbo, the order follows the increasingly popular path initiated by Gas Natural Fenosa, the multinational Spanish group that was the pioneer in adopting ME-GI technology in an order for four LNG tankers in 2013.
LNG as Fuel: Challenges & Opportunities
Environmental regulations are the main driver in reducing these emissions worldwide. Although until recently ECA zones were limited to a few areas, the IMO has now decided to limit SOx emissions worldwide and by 2020 all newbuilds will have to comply with its new regulations. The challenge for the shipping industry, however, is not only to comply with the IMO 2020 sulfur cap but also to catch up with the planning of the regulation by identifying and implementing the solutions…
Shell Launches New Trunk Piston Engine Oils
Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market. As owners face pressures to shift toward cleaner fuels that address emissions regulations, Shell said demand for distillates and low-sulphur heavy fuel oil will only increase as shipping approaches a global fuel sulphur content cap of 0.5 percent, imposed by IMO from 2020. Already, dual-fuel engines are taking an increasing share of the medium speed market.
Geo Gradel Tug and Barge Enter Drydock
Great Lakes Shipyard said it was awarded a contract for drydocking and repairs by Geo Gradel & Co. for tug George Gradel and barge Moby Dick. The contract for the 2,400 HP tug George Gradel includes steel repairs, keel cooler repairs, underwater hull inspections and repairs as well as painting and replacing fuel tanks. Work is planned to be completed by the end of June 2017. Worked completed for the 120' x 33' x 10.5' deck barge with 875-ton capacity included surveys, inspections and repairs for load line renewal. Work was completed on June 5, 2017.
Energy-efficient Shipping in South African Curriculum
Maritime educators from South Africa are taking part in an International Maritime Organization (IMO) training workshop to introduce the topic of energy-efficient ship operation into their teaching curriculums. The workshop, taking place in Durban (19-20 June) was developed under the Organization’s GloMEEP project and supports maritime training institutes to deliver the IMO Model Course 4.05 to seafarers. The course consists of lectures, interactive exercises and videos to enhance the learning experience for crews being trained and…
Shipping Industry Submits Ambitious CO2 Reduction
Four major international trade associations – BIMCO, INTERCARGO, International Chamber of Shipping (ICS) and INTERTANKO – have made a joint proposal to the IMO concerning ambitious CO2 reductions by the international shipping sector, which is responsible for transporting about 90% of global trade and 2.2% of the world’s annual man-made CO2 emissions. The IMO Marine Environment Protection Committee will meet in London this July to begin the development of a strategy for the reduction…
LNG-fueled Newcastlemax Bulk Carrier Design Unveiled
Project partners BHP, Fortescue, Mitsui O.S.K. Lines (MOL), Rio Tinto, SDARI, U-Ming, Woodside, and DNV GL presented the results from stage one of their “Green Corridor” joint industry project (JIP), which demonstrated the commercial potential and technical feasibility of bulkers fueled by liquefied natural gas (LNG) in the iron ore and coal trade between Australia and China. The result is an LNG-fueled Newcastlemax design which is in the process of receiving Approval in Principle (AiP) from DNV GL.
Ship-to-ship LNG Bunkering Starts in Port of Zeebrugge
The bunkering vessel ENGIE Zeebrugge performed in the port of Zeebrugge, Belgium, its first deliveries of liquefied natural gas (LNG) as a marine fuel to M/V Auto Eco and M/V Auto Energy, the two new gas-propelled pure car and truck carriers (PCTCs) of UECC. The LNG bunkering operations were conducted simultaneously while cargo operations for PCTCs were taking place. ENGIE Zeebrugge, which is the world’s first purpose-built LNG bunkering vessel, arrived in Zeebrugge at the beginning of April after delivery from Hanjin Heavy Industries & Construction Co.
Small Scale LNG Market to Grow at 2.5% to 2022
The Global Small Scale LNG Market is expected to grow over the CAGR of around 2.5% during the period 2014 to 2022, says a report by Market Research Future. The growth of the Small Scale LNG Market is majorly driven by increased demand for energy in the Asia-Pacific region. The government initiatives that focus on providing cleaner fuel, is driving the market, especially in countries such as India and China. The market is further driven by the growing adoption of LNG for heavy duty transportation purposes in the Europe and North American regions.
Greenhouse Gas Model for Shipping by 2050
DNV GL has published a report assessing the potential for greenhouse gas (GHG) emissions reduction from shipping towards 2050, based on a new computational model. The model can evaluate various scenarios for both individual ship segments and the industry as a whole. It can also evaluate the effectiveness of various solutions for reducing GHGs. “Despite the challenges facing our industry, we believe it is technically possible for shipping to achieve substantial GHG reductions, provided a viable strategy is developed and adopted from within the industry itself…
Oil's Price Fall Stalls Despite Supply Glut
Brent down 12 pct since OPEC-led production cut extension. Oil prices steadied on Friday after steep falls earlier in the week under pressure from widespread evidence of a fuel glut despite efforts led by OPEC to tighten the market. Brent crude oil was up 10 cents at $47.96 a barrel by 1130 GMT, but still 12 percent below its opening level on May 25, when an OPEC promise to restrict production was extended into 2018. U.S. crude was 10 cents higher at $45.74. The Organization of…
Qatari Export Costs to Rise as Port Ban Disrupts Trading
Region's largest bunkering hub shuns Qatari vessels; affected shippers may face delays, higher costs. The costs of Qatari energy and commodity exports are likely to rise as the United Arab Emirates' ban on Qatari vessels cuts the ships off from the region's main refuelling port, forcing ships to sail further for fuel or pay higher prices. Saudi Arabia and the UAE, along with Egypt, Yemen and Bahrain, on Monday cut diplomatic ties with Qatar amid accusations the country supported terrorists.
Singapore May Marine Fuel Sales Fall
The port of Singapore recorded its first year-on-year decline in bunker sales of 2017 during the month of May, according to preliminary estimates released by the Maritime and Port Authority of Singapore (MPA). According to Reuters report, Sale of marine fuels in Singapore in May fell to 4.181 million tonnes, down 4.2 percent from the same period last year, the second lowest monthly sale by volumes this year. The May volumes were also down 1.7 percent from April, the data showed. The last time monthly sales were lower this year was in February.