Fuel Oil News

17 Feb 2020

Wärtsilä to Supply Scrubbers to NCL

Wärtsilä will supply customized Hybrid Scrubber systems that meet and exceed the latest emissions legislation to two Norwegian Cruise Line ships. Photo: Norwegian Cruise Line.

European technology giant Wärtsilä will be supplying hybrid scrubber system packages for Norwegian Cruise Line's (NCL) Norwegian Breakaway and Norwegian Getaway.According to a press note from Wärtsilä, the scrubber systems have been ‘specially customized to meet the specific needs’ of the two cruise ships – which included adapting ‘to meet the ships’ restricted space availability’.The scrubber systems will enable the 325 meters long cruise vessels to be in compliance with the International Maritime Organization’s (IMO) sulfur restriction legislation while operating on heavy fuel oil (HFO).

11 Feb 2020

Future Ship Fuels: Cut through the Smoke

© JEGAS RA/AdobeStock

Ship owners increasingly face complex investment decisions as they try to navigate the most efficient course to the low-carbon future. Ever since the IMO set the industry’s ambitious emission-reduction targets for 2030 and 2050, owners have been inundated with information about future fuels and technologies that may, or may not, ultimately lower the carbon footprints of their fleet.Some of the new technologies hold promise, but the day-to-day viability of too many of them remains unproven; the same can be said for many of the potential fuels.

10 Feb 2020

KHI Delivers New LPG carrier Crystal Angel

Image: Kawasaki Heavy Industries

Japanese shipbuilder Kawasaki Heavy Industries (KHI) delivered the Crystal Angel, an 82,200 m3 capacity liquefied petroleum gas (LPG) carrier, for the Singapore based shipowner and operator Kumiai Navigation.According to a KHI release, this is the 61th LPG carrier and the 12th vessel of the same type to be built by the company.Crystal Angel adopts Kawasaki's indegenously developed bow shape called SEA-Arrow, which significantly improves propulsion performance by minimizing bow wave resistance."The main engine powering the vessel is an energy-efficient…

06 Feb 2020

Mitsubishi Installs Marine SOx Scrubbers

Image: Mitsubishi Shipbuilding

Mitsubishi Shipbuilding announced that its DIA-SOx R, , the marine SOx scrubbers, installed on two ultra large containerships recently gained approvals from the the flag states.The first 2 units of the scrubber retrofitted onboard ultra-large container ships got approvals from the classification societies, Lloyd's Register and Nippon Kaiji Kyokai, respectively after confirmation of the excellent result of sea trials and consequently also got approvals from the Flag States, Panama and Singapore.Those 2 ships…

05 Feb 2020

Capesize Index Turns Negative for the First Time Ever

©  Mike Mareen / Adobe Stock

Capesize index plummets to -133, the first time ever in negative territory – is it all up from here?The Baltic Exchange Capesize Index (BCI) dropped to -133 index points on February 4, 2020, turning negative for the first time ever on January 31, 2020. The composite BDI index (BDI), which has excluded the more stable handysize segment since March 2018, also dropped on February 4, 2020 to settle at 453 index points.The BCI has been on a freefall through the entirety of December, but the descent started to pick up more steam during the past couple of weeks.

03 Feb 2020

Hapag-Lloyd Trials Biofuel

Image: Hapag-Lloyd

German shipping major Hapag-Lloyd announced that one of its ships recently refueled in Rotterdam with an eco-friendly biofuel, as part of its plan to reduce CO2 emissions."For the first time, the “Montreal Express” is being powered by so-called “B20” fuel, which consists of 80 percent low-sulfur fuel oil and 20 percent bio-diesel based on cooking oils and fats that had previously been used in the food service/catering industry," said a press note from the container transportation company.The biodiesel generates up to 90 percent less CO2 emissions than conventional fuels…

31 Jan 2020

IMO2020: Low Sulfur Fuel Potential Pitfalls

"The trouble will come when the products are mixed and some blends prove incompatible with one another: when a more aromatic 0.5% product comes into contact with a more paraffinic blend, the products are likely to separate and form sludge, blocking filters.” Jack Jordan, a researcher with S&P Global Platts. 
Image: © vectorpocket/AdobeStock

(This is excerpted from Maritime Reporter & Engineering News' January 2020 "The Path to Zero" column.)Are the world’s ships’ engines ready for IMO compliant very low sulfur fuel? That’s a wide open question as ship owners step to the end of the preparatory gang-plank on January 1, 2020 when 0.5% very low sulfur distillate fuels (VLSF) have to replace residual heavy fuel oil (HFO) containing 3.5% sulfur.You might think that given the length of time to prepare – since 2008 – shipping experts and engineers would have a clearer picture about new fuels and marine engines and operability.

30 Jan 2020

LNG and Shipping Decarbonisation Target

Image: International Council on Clean Transportation

Though liquefied natural gas (LNG) could help the shipping industry to reach its decarbonization target, it could wreck the climate, finds a study.According to a research by the International Council on Clean Transportation (ICCT), switching vessels to the LNG fuel would only serve to worsen shipping’s climate impact due to previously underestimated leakage of the climate super-pollutant methane.More and more ships, including container ships and cruise ships, are being built to run on liquefied natural gas (LNG)…

29 Jan 2020

WinGD Develops Flexible Injector Concept

WinGD’s fuel flexible injector installation on RTX-6 Test Engine (Photo: WinGD)

WinGD (Winterthur Gas & Diesel) has invested in fuel research with the development of a flexible injection system. In a whitepaper released today, ‘Flexible Injector to Advance Alternative Fuels Research’, the engine designers describe how the concept will play a crucial role in its investigations into low-carbon liquid fuels and engine injection concepts to harness them.The system was developed as part of HERCULES 2, a collaborative European engine research project which concluded in 2018.

27 Jan 2020

Damen Unveils New OSV Design

(Image: Damen)

Dutch shipbuilding conglomerate Damen has developed a new concept vessel, the Offshore Support Vessel (OSV) 9020, featuring a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and flexibility to add mission-specific tools.“We were approached by several different operators at the same time, all looking for slightly different offshore capabilities, but similar enough that their requirements could be met with a conceptual standard platform…

24 Jan 2020

Sanmar and Robert Allan: 200 Tugs and Counting

(Photo: Robert Allan Ltd.)

A ceremony at Sanmar's Altinova shipyard on January 11, 2020 celebrated the commissioning of the 200th tug built by Sanmar to a Robert Allan Ltd. design -- an achievememt reached in just over 25 years' time.The milestone tug, the Boğaçay XXXVIII, is the latest evolution of the RAmparts 2400-SX design, incorporating the newly developed CAT Advanced Variable DriveTM (AVDTM) hydro-mechanical hybrid propulsion system. At the time of writing the tug is joining Sanmar's towage fleet in Izmit Bay…

23 Jan 2020

Low-sulphur Fuel Oil Prices Drop

© Igor Yu. Groshev / Adobe Stock

Prices for very low sulphur fuel oil (VLSFO) in ports around the world have fallen within the first month since the International Maritime Organization's (IMO) new regulation for a 0.50% global sulphur cap for marine fuels has taken effect.Singapore has seen one of the largest drops in the price of VLSFO, which peaked on January 7, 2020 at $740 per metric ton (MT) and dropped $99 to $641 per MT on January 22, BIMCO points out.Prices rose in December as shipowners transitioned…

17 Jan 2020

US Refiners Grab HSFO on Back of IMO 2020

© Fotos von Schiffen / Adobe Stock

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data.U.S. refiners Valero Corp, Chevron Corp and Phillips 66 have been buying HSFO, traders said, taking advantage of their complex operations to turn HSFO blended with crude oils into products like diesel, gasoil and gasoline.This month, 2.2 million tonnes of fuel oil…

17 Jan 2020

Low-sulphur Fuel Sales Surge

© vladsv / Adobe Stock

The final quarter of 2019 marked a massive decline of high-sulphur fuel oil (HSFO) sales, as the industry transitioned into compliance of the International Maritime Organization's (IMO) 2020 Sulphur Cap (IMO 2020). In Singapore, the world’s largest bunkering hub, the bunker sale landscape saw significant change as the sale of high-sulphur fuel oil dropped tremendously in a matter of months. In contrast, the sale of low-sulphur fuels skyrocketed in the final quarter.The first wave…

14 Jan 2020

China Tax Waiver for Cleaner Ship Fuel Exports

Copyright: Suriyapong/AdobeStock

China has approved a long-awaited tax waiver on exports of cleaner ship fuel, paving the way for refiners to boost output, though Beijing may initially limit shipments to focus on growing its coastal marine fuel market, state refiner officials say.Ships globally have switched to lower sulphur fuels, or use emissions-removing devices, to comply with new rules imposed by the International Maritime Organization this year.China's State Council, or cabinet, gave the go-ahead to waive taxes on the 0.5% or very low sulphur fuel oil (VLSFO)…

09 Jan 2020

Great Ships 2019: T. Elinor

Photo: RMK Marine

Adnan Nefesoğlu, RMK MARINE’s CEO, thought a short moment and  replied by reflecting his self-confidence “Yes, we can do”, when the local client came and asked RMK MARINE in early 2016 that: “We have two main engines, procured eight years ago and standing in a depot since then. They have Tier I feature. Can you convert them first to Tier II compliant engines, to be followed with Tier III compliant features, make them fully operable and then can you build two ships around 15.000-16.000 dwt…

03 Jan 2020

Venezuela Alters Oil Royalty Formulas, Driven by IMO 2020

© Parilov / Adobe Stock

Venezuela has changed the formulas for calculating royalties energy companies pay the government to remove references to fuel oil and some crude grades, driven by stricter rules governing marine fuel emissions, according to a document seen by Reuters.A ban by the United Nations shipping agency, the International Maritime Organization (IMO), on the use of fuels with a sulfur content above 0.5%, aimed at reducing pollution, has roiled oil markets and caused price volatility for…

31 Dec 2019

IMO2020: Methanol Proves Promising

Feel the Power of Methanol: These 49,000 dwt vessels are built with the second generation of MAN B&W ME-LGIM two stroke dual-fuel engines that can run on both methanol and conventional marine fuels. 
Photo: Methanex Corporation

When the clock strikes midnight on December 31, 2019, the maritime world enters a bold new era of emission reduction. With its growing fleet of methanol fueled ship and more than 60,000 hours of operating experience under its belt, Waterfront Shipping Company has a five-year headstart.As a general rule, shipowners are remiss to share insights on their operations, lest their competitors catch wind and leverage the same technology and savings. The case of Waterfront Shipping Company Ltd.

30 Dec 2019

Nevsky Shipyard Delivers Akademik Pashin

Image: Nevsky Shipyard

Russian shipbuilder Nevsky Shipyard (NSSZ), a part of United Shipbuilding Corporation (USC), has delivered the replenishment oiler Akademik Pashin to the Russian Navy.The shipbuilding and shiprepair enterprise said that the project was developed by Spetssudoproect, JSC.The construction of the tanker Akademik Pashin is being carried out in accordance with the State Contract for the Ministry of Defence of the Russian Federation.The ship represents medium-sized sea tanker, steel…

20 Dec 2019

China Stocks up on VLSFO Ahead of IMO2020 Deadline

AdobeStock / © Mikesjc

Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany's Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan. 1.While China's state refiners have pledged to produce a combined 14 million tonnes of the fuel for 2020 that complies with the tighter rules set by the International Maritime Organization (IMO), Beijing…

18 Dec 2019

MAN Okays Total Lubmarine's VLSFO Fuel

Image: Total Lubmarine

Total Lubmarine, part of Total Lubricants,  has received a No Objection Letter (NOL) from leading engine manufacturer MAN Energy Solutions, for the use of Talusia on MAN B&W 2-stroke engines operating on fuels with less than 0.5%S Very Low Sulfur Fuel Oil (VLSFO).Total Lubmarine had developed the set of marine lubricants designed to work with a range of low sulfur fuels, as the new emissions standards designed to curb pollution from ships by the International Maritime Organization (IMO) set to be implemented on January 1…

18 Dec 2019

Scrubbers: A "360-degree solution" for Owners

Photo: Pacific Green Technologies

As part of the IMO’s commitment to reducing the maritime sector’s output of greenhouse gases by 50% over the next 30 years, January will herald the new global 0.5% sulfur cap.This is a major transition for ship operators and owners, but they have several options.Many shipowners are switching to low sulfur fuel oil (LSFO), but this will mean a significant leap in vessel operating costs. The price of LSFO on 1 January 2020 is not yet known, but analysts have estimated that the price could be between $100-300 per tonne more than HSFO.

16 Dec 2019

India: 20 Kidnapped from Tanker off West Africa

Image Credit: © MarineTraffic.com

India's foreign ministry said on Monday that 20 of its nationals had been kidnapped from an oil tanker in West African waters."Our Mission in Abuja has taken up the matter with the Nigerian authorities, as also with the authorities of the neighbouring countries," the ministry said in a statement.It said the vessel was the Marshall Islands-flagged DUKE.The ship's operator Union Maritime wrote on its website that the craft was "attacked and boarded" while carrying fuel oil to the Togolese capital Lome from Angola and that the company was working with relevant authorities to resolve the incident.

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