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Fuel Oil News

15 Apr 2021

Facing Maritime’s Challenges, S.M.C.'s Kozdron reasons “That's why we are here: Engineers.”

 “COVID has had no adverse effects on the shipbuilding capability and capacity here in Asia,” said Krzysztof Kozdron, Managing Director, Schulte Marine Concept (S.M.C.) Image Courtesy S.M.C

Based in Shanghai, Krzysztof Kozdron – or “KK” as he’s known to many of his Chinese colleagues, clients and friends – is the Managing Director of Schulte Marine Concept (S.M.C.). As S.M.C. passes a milestone in ship construction project management, Kozdron shares his insights on shipbuilding and repair activities throughout Asia.Starting in 1973 to today, Schulte Marine Concept has managed 600 ship construction, repair & conversion projects, starting with its own vessels and evolving into a company today that manages the majority of its projects for third-party clients.

15 Apr 2021

BHP Completes Its First Ship Refueling with Biofuel

Credit: BHP

BHP Group Ltd said on Thursday it completed its first refueling of a ship with biofuel this month in a trial run that is part of its efforts to reduce carbon emissions.It was also the first time that a ship has been refueled with biofuel in Singapore, the world's largest bunkering hub.A biofuel blend derived from certified sustainable feedstock sources such as cooking oil, crude tall oil and sewage sludge was used on April 4 to refuel the 81,000 deadweight tonne dry bulk carrier…

07 Apr 2021

BW Group, Miros Enter JV Aimed at Fuel-Saving, Emission Reduction

BW Group and Miros are launching Miros Mocean, a joint venture to provide the shipping industry with a new standard in vessel performance optimization. Miros Mocean is aimed at filling the void identified by BW Group and Miros, aiming to provide "unprecedented data accuracy into the operating conditions of a vessel, a missing piece in vessel performance until now," per the press release announcing the JV.“Decarbonizing the shipping industry is the grand challenge of our time," said Remi Eriksen, DNV Group President and CEO.

30 Mar 2021

MAN L23/30H Mk3 Engine Passes Remote Type Approval Test

(Photo: MAN Energy Solutions)

MAN Energy Solutions said it recently conducted a successful Type Approval Test (TAT) for new engine L23/30H Mk3 executed on-site in Korea by STX and MAN Energy Solutions staff, with the classification team joining proceedings remotely due to COVID-19 restrictions. "TATs are an important step in the entry of every engine to the market," siad Finn Fjeldhøj, Head of Small-Bore, Four-Stroke Engineering, MAN Energy Solutions. "The fact that we could surmount the difficulties posed by the global pandemic with a remote solution to successfully get the engine approved is very pleasing.

26 Mar 2021

The Suez Canal: A Vital Transit Route With an Ancient History

(Photo: BlackSky)

The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, is the quickest sea route between Asia and Europe and about 15% of global shipping traffic moves through it.The 193-km (120-mile) waterway, run by the state-owned Suez Canal Authority, is a vital source of foreign currency for Egypt.How much oil goes through the canal?Of the 39.2 million barrels per day (bpd) of crude oil imported by seaborne methods in 2020, 1.74 million bpd went through the Suez Canal…

26 Mar 2021

Race to Dislodge Suez Blockage as Shipping Rates Surge, Vessels Divert Away

© Cnes2021, Distribution Airbus DS

The Suez Canal stepped up efforts on Friday to free a giant container ship blocking the vital trade waterway that has sent shipping rates for oil product tankers soaring and disrupted the global supply chains for everything from grains to baby clothes.Shipping rates for oil product tankers have nearly doubled after the 400 meter long Ever Given, almost as long as the Empire State Building is high, ran aground in the canal on Tuesday.Efforts to free the vessel may take weeks and be complicated by unstable weather conditions…

24 Mar 2021

MAN's ME-GI Engines Ordered for 10 VLCC Newbuilds

(Image: Shell)

MAN Energy Solutions said Wednesday it has won an order to supply its MAN B&W 7G80ME-GI Mk9.5 dual-fuel engines for a series of 10 300,000-dwt very large crude carriers (VLCC) being built by Daewoo Shipbuilding & Marine Engineering Co. (DSME) in South Korea. HSD Engine will construct the engines, also in Korea.The newbuilds—including four for Advantage Tankers, three for AET and three for International Seaways—will operate globally on charter to oil major Shell. The series' first vessel is slated enter service in 2022…

24 Mar 2021

Saudi-led Coalition Lets Four Fuel Ships Dock at Yemen's Hodeidah Port

© choucashoot / Adobe Stock

The Saudi-led coalition has allowed four fuel ships to dock at Yemen’s Red Sea port of Hodeidah, two sources familiar with the matter said, after the Houthi group said it would only agree to a ceasefire proposal if an air and sea blockade were lifted.Four vessels, including two carrying a total of 45,000 tonnes of gas oil, a ship loaded with 5,000 tonnes of liquefied petroleum gas and a fourth tanker with 22,700 tonnes of fuel oil have received clearance from the coalition, the sources said.As of Wednesday morning…

24 Mar 2021

Ship Power: MAN Energy Solutions Unveils New LNG Dual-fuel Engine

The new dual-fuel ME-GA engine from MAN Energy Solutions comes with the company’s proven Exhaust Gas Recirculation (EGR) technology for optimized performance, with specific gas/fuel oil consumptions reduced by ~3% and 5%, respectively.
(Photo: MAN Energy Solutions)

In a live-stream presentation from its Copenhagen Research Center, MAN Energy Solutions has demonstrated advanced dual-fuel engine technology for low-cost, fuel-efficient operation of liquefied natural gas (LNG) carriers and other vessels where low capital outlay is a priority. Tom Mulligan, science &and technology correspondent, reports.MAN Energy Solutions has demonstrated its latest low-speed, dual-fuel engine, the MAN B&W ME-GA type, an Otto-cycle variant of the company’s successful ME-GI engine, at a ceremony live-streamed from its Copenhagen Research Center.

22 Mar 2021

Op/Ed: All Hands On Deck to Tackle Decarbonization Today

Q-LNG 4000, the first offshore LNG bunkering ATB in the U.S. (Photo: Shell)

Without action from the shipping sector to decarbonize, the sector will be responsible for approximately 17% of global CO2 emissions by 2050. And given the scale of the change required, we must address this now. Across the industry, many are wrestling with what steps to take to drive their decarbonization journeys.Last year, Shell and Deloitte published a joint report, Decarbonizing Shipping: All Hands on Deck, assessing the key factors affecting decarbonization of the shipping sector.

22 Mar 2021

ClassNK Grants AIP for Methanol Dual-fueled Tanker Design

Classification society ClassNK said it has issued an approval in principle (AIP) for the design of a methanol dual-fueled tanker developed by Sumitomo Heavy Industries Marine & Engineering Co., Ltd. The class society confirmed the design’s compliance with the International Maritime Organization's (IMO) “Interim Guidelines for the Safety of Ships using Methyl/Ethyl Alcohol as fuels” (MSC.1/Circ.1621) published in December 2020, and the “Guidelines for Ships Using Low-Flashpoint Fuels” published by the Society in 2019.Features of the design announced by Sumitomo Heavy Industries Marine Engineering are as follows: “In detail design, regarding methanol fuel, due consideration is required to properly reduce potential risk of fire and leakage by its low flash point and toxic.

19 Mar 2021

Sanmar Adds Two New Tugs

(Photo: Sanmar)

Sanmar Shipyards has delivered another vessel in its Delicay tug series—this time to its own fleet.Like its sister tugs, the the 25.3m x 12m x 6.1m Delicay Vlll is a Z-drive tractor tug built to Canadian naval architects Robert Allan Ltd’s exclusive to Sanmar TRAktor-Z 2500SX design, created in partnership with the Turkish tug-builder and operator for both harbor ship handling and towing duties.Built at Sanmar Shipyards Altinova, the tug is powered by 2x 2100kW main engines, giving it a speed ahead of around 12 knots and 75 tonnes of bollard pull.

18 Mar 2021

World-first ME-GA Engine Demonstrated in Copenhagen

The MAN B&W ME-GA engine pictured at MAN Energy Solutions’ Research Center Copenhagen (Photo: MAN Energy Solutions)

MAN Energy Solutions has has demonstrated its latest low-speed, dual-fuel engine—an MAN B&W ME-GA type designed for liquefied natural gas (LNG)/fuel-oil running—at a ceremony live-streamed from its Copenhagen Research Center on Thursday. The new engine is an Otto-cycle variant of the company’s ME-GI engine.As its pre-mixed combustion results in low NOx emissions, the ME-GA engine is inherently Tier II and Tier III compliant in gas-operation mode. To fully utilize its dual-fuel potential in Tier III areas…

18 Mar 2021

Scrubber-fitted Ships Nearly Double Since January 2020 -BIMCO

© zheltikov / Adobe Stock

As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be compliant with the International Maritime Organization's (IMO) 2020 global sulphur cap that came into force on January 1, 2020, overall bunker sales rose in the world’s by far largest bunkering hub: Singapore.Total bunker sale volumes grew by 5% in 2020 and have continued to climb in the first two months of 2021 (+2.7% y/y),a n indication of the shipping industry’s ability to deliver all the way through the pandemic.

08 Mar 2021

Alfa Laval Preps for Large-scale Methanol Testing

(Photo: Alfa Laval)

Swedish equipment manufacturer Alfal Laval said it is ramping up for soon-to-begin major tests of methanol as a marine fuel at its test and training center in Aalborg, Denmark. Working alongside engine manufacturer MAN Energy Solutions and other partners, Alfa Laval will explore the possibility of running the center’s four-stroke, 2 MW diesel engine on methanol without modifications or another pilot fuel.The testing is the third stage in an ongoing research project funded by Danish EUDP (Energy Technology Development and Demonstration Program).

05 Mar 2021

St. Johns Shipbuilding Building Unique Tankship for IMF

(Image: JMS Naval Architects)

Palatka, Fla. based St. Johns Shipbuilding is constructing a self-propelled, 10,000 gallon, USCG Inspected, double-hull tankship for Intracoastal Marine Fuel (IMF) of Jupiter, Fla. Designed by JMS Naval Architects, the 53- by 18-foot tankship design is unique for its compact size and diesel outboard propulsion.The innovative design is the smallest vessel to receive U.S. Coast Guard plan approval as a Subchapter D tankship.IMF will use the vessel to deliver marine diesel to mega-yachts, commercial, and recreational vessels in the Palm Beach, Fla. area.

03 Mar 2021

Baltic Exchange Adds LNG Powered Seaborne Gas Assessments

© Björn Wylezich / Adobe Stock

A new set of independent indices for the liquified natural gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel.Published twice weekly, the new indices have been given the acronym (BLNGg) and will be published alongside the current LNG indices which are based on LNG carriers burning Very Low Sulphur Fuel Oil (VLSFO). Historical data for the new indices will be available dating…

02 Mar 2021

Venezuelan Oil Exports Rise on Larger Sales to Asia

© Francis / Adobe Stock

Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to Refinitiv Eikon’s tanker tracking data and documents.A growing number of clients with no track record in oil trading has been helping Venezuela’s state-run PDVSA to allocate crude and fuel in Asia, especially since the U.S. Treasury Department halted oil swaps by PDVSA’s long-term customers in the last quarter of 2020 as part of tightening sanctions.These buyers…

25 Feb 2021

Deltamarin Unveils LNG-powered Containership Design

(Image: Deltamarin)

Deltamarin introduced a new liquefied natural gas (LNG)-powered Kielmax container vessel design as vessel owners and operators increasingly turn to the cleaner burning fuel to help reduce shipping emissions.The C.Delta2100 design, part of the Finnish naval architect's C.Delta series, is engineered to offer improved cargo capacity, flexibility and fuel economy and also takes into consideration possibilities to use alternative fuels to reduce carbon footprint or even zero-emissions power production.

25 Feb 2021

Tanker Shipping Facing a Tough Year Ahead, Says BIMCO

© aerial-drone/AdobeStock

After a turbulent year, low demand looks set to plague the market in the coming months combined with too many ships fighting for too few cargoes in both the crude oil and oil product segments, says the oil tanker shipping overview and outlook released today by BIMCO.Demand drivers and freight ratesThe realities of the pandemic are setting in for the tanker market. The record-breaking Q2 2020 is a distant memory and, instead, the market faces a slow recovery with low demand, stock…

19 Feb 2021

Emergency Buy: LNG Tankers Start Offloading Cargo in Mexico

Flex Courageous - Credit: vessels lover/MarineTraffic.com

Mexico on Friday began discharging the first of at least four cargoes of liquefied natural gas (LNG) bought under emergency to ease gas scarcity and power cuts at its Northern states after a cold snap hit supplies via pipeline from the U.S. South.The Marshall Island tanker Flex Courageous carrying U.S. LNG docked on Friday at the Manzanillo terminal on the Pacific Coast, Refinitiv Eikon data showed. The vessel is expected to discharge about 162,850 cubic meters that the government…

18 Feb 2021

LNG Tankers to Arrive in Mexico's Ports to Offset Gas Shortage Caused by Cold Snap in U.S.

Seri Balhaf - Credit:GIBFRAN46/MarineTraffic.com

Two tankers carrying U.S. liquefied natural gas (LNG) for Mexico are expected to arrive on Thursday in the country's Altamira and Manzanillo ports, government officials said and Refinitiv Eikon data showed, part of emergency purchases by the government to ease interrupted gas supplies.Mexico resorted to LNG supplies to partially offset a gas deficit for power generation after cold-weather froze several key gaslines crossing the U.S. border. The governor of Texas on Wednesday banned out-of-state gas supplies through Feb.

18 Feb 2021

DNV GL Advises ‘Mind the (Safety) Gap’ as Maritime Transforms

© Denys/AdobeStock

A new approach to safety is necessary along the maritime industry's rapid transition to a decarbonized, digitally smart future, says classification society DNV GL in a new white paper released this week, and as discussed on Maritime Reporter TV with Knut Ørbeck-Nilssen, CEO of DNV GL - Maritime and Fenna van de Merwe, Principal Consultant at DNV GL, the report’s author.The white paper entitled “Closing the Safety Gap in an Era of Transformation”, identifies a looming “safety gap”…

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