Marine Link
Thursday, October 18, 2018

Fuel Oil News

Us to Be 'Strong Supplier' of Compliant Marine Fuels

Owing to its booming shale industry, the United States is likely to become an important supplier of low-sulphur marine fuels ahead of major new emissions regulations in 2020, Vienna-based consultancy JBC Energy said on Monday."The (United States) is likely to emerge as a strong supplier of compliant fuels in the coming quarters in the context of the IMO sulphur spec switch," said JBC.The U.N. International Maritime Organization (IMO) is introducing new rules on marine fuels from 2020…

How Refiners Plan to Grapple With Fuel Oil Output After 2020

© christian42 / Adobe Stock

High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed.Sixty percent of the 33 refineries contacted by Reuters in a global survey will still produce HSFO in 2020 although the supply will tighten as 70 percent of these refiners plan to reduce their output.Starting that year, ships will have to use marine fuel…

ExxonMobil Readies IMO 2020 Compliant Fuel

Pic: ExxonMobil Singapore

ExxonMobil said that all its International Maritime Organization (IMO) compliant 0.5% sulfur bunker fuels developed to date are residual grades.The oil giant  has also announced specification details and confirmed that the formulations are all compatible with each other, provided that bunkering, storage and handling best practice guidance is followed.All of ExxonMobil’s announced low sulphur compliant fuels will be residual grades and will also be compatible with each other, provided best practice guidance for bunkering…

Maersk Leases Singapore Oil Storage Ahead of IMO 2020

(File photo: Maersk Line)

Maersk Oil Trading has leased oil storage space in Singapore, signalling a push by one of the world's biggest ship fuel buyers into the Asian bunkering hub ahead of changes to global fuel standards from 2020, trade sources said.Maersk Oil has taken storage at the Tankstore oil terminal in Singapore, a spokesman for parent A.P. Moller-Maersk told Reuters, without giving further details.The firm has leased 120,000 cubic meters of space for fuel oil for six months, said three trade sources with direct knowledge of the matter.

Making the Case for LPG as a Marine Fuel

 Research engine at Research Center Copenhagen equipped for LPG use. Images: ©MAN ES

The sulfur emission control areas (SECAs) in place in North-America and Northern Europe, in combination with the upcoming global 0.5% limit on sulfur in 2020 (or 2025) and similar EU limits in 2020, call for alternative fuels as a means for compliance. Several alternative fuels are available and, at the same time, new fuel oil products with very low sulfur content have been introduced.In this respect, the ability of the new MAN ME-LGIP engine to run on LPG, which is a sulfur-free fuel…

New Marine Fuel Recovery Mechanism is Causal, Transparent and Simple

Pic: Hapag-Lloyd

With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel oil will be lowered from 3.5% to 0.5%.A press release from Hapag-Lloyd said that this new regulation will significantly improve the ecological footprint of the shipping industry, and the majority of all vessels are expected to be operated with low-sulphur fuel oil by then.Using low-sulphur fuel oil will be the key solution for the shipping industry and Hapag-Lloyd to remain compliant.

NYK Develops Onboard Sulfur-in-oil Analyzer

Image: NYK Group

NYK and Nippon Yuka Kogyo Co., Ltd., an NYK Group company, have teamed with Horiba Ltd. to develop a new sulfur-in-oil analyzer for ships. The new device is based on an existing device used at onshore analysis centers.Using this new analyzer, NYK will be able to thoroughly comply with regulations limiting sulfur oxides (SOx) from vessels, as well as optimize the company’s use of low-sulfur fuel oil.Certain areas around Europe and North America have been designated as emission control areas (ECAs) to prevent air pollution…

Singapore's Port Authority Investing in LNG Bunkering

© Igor Groshev / Adobe Stock

Singapore's port authority has so far invested S$26 million ($19 million) into developing cleaner-burning liquefied natural gas (LNG) as a marine fuel at the city-state, the world's largest marine refueling hub, an executive at the port authority said."We've been working to develop LNG-bunkering in Singapore since about late-2015," said Alan Lim, deputy director at the Maritime and Port Authority (MPA) of Singapore, told Reuters at the sidelines of the Singapore International Bunkering Conference and Exhibition on Tuesday.The bulk of the investments, totaling about S$18 million, were directed

No Delays to Implementing 2020 Sulphur Cap -IMO Official

© Fokussiert / Adobe Stock

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday."I can categorically say there will not be a delay," said Edmund Hughes, the head of air pollution and energy efficiency at the IMO, during the Asia Pacific Petroleum Conference (APPEC) in Singapore.IMO, the United Nations' shipping agency, will require that vessels start in 2020 using fuel oil with 0.5 percent sulphur…

Yara Marine Has Big Expectations for 2019

Yara Marine scrubber installation at Meyer Werft (Photo: Meyer Werft)

Many shipowners are scrambling to comply with the tough, new the International Maritime Organization (IMO) fuel global sulfur limit of 0.50 percent m/m, which takes effect January 1, 2020.It is expected that after the rules swing into force, the light-heavy fuel price spread will likely spike and refining margins will be higher, particularly for complex refineries.Shipowners have to stay ahead of the game, said Yara Marine Technologies CEO Peter Strandberg: “Shipowners often get a bad rap of refusing to adopt new, innovative technologies and processes.

Sinopec to Supply Low Sulphur Bunker Fuel Starting 2019

© Igor Groshev / Adobe Stock

China's Sinopec will start supply lower sulphur bunker fuel meeting IMO 2020 standard in 2019, Liu Zurong, General Manager of Sinopec Fuel Oil Company said on Thursday.All of Sinopec's supplies will meet IMO 2020 standard by Jan. 1, 2020, Liu said at an oil conference in Zhoushan, near Shanghai.Sinopec is aiming to sell lower fuel bunker fuel to Singapore and some "One Belt One Road" countries by 2020, Liu said.(Reporting by Meng Meng and Aizhu Chen; editing by David Evans)

Kongsberg to Equip New Heavy Lift Crane Vessel

Photo: Kongsberg

Kongsberg Maritime has secured a contract worth approximately $13 million to equip a new heavy lift crane vessel for Offshore Heavy Transport (OHT) with an innovative technology suite. The vessel, a customized Ulstein Design & Solutions BV design, marks the entry of the Norway-based Offshore Heavy Transport (OHT) into the offshore renewables and installation market. Options exist for a further three vessels, but the first is currently under construction by China Merchants Heavy Industry (CMHI) and is scheduled to enter service in 2021.The 216.3m…

Liberia Calls for Early Reporting on 2020-compliant Fuel Availability

David Pascoe (Photo: LISCR)

Liberia has submitted a paper to the IMO Marine Environment Protection Committee (MEPC) calling for early reporting on the availability of fuel oil that is compliant with the new 0.50 percent global fuel oil sulphur limit well in advance of January 1, 2020, the effective date the new fuel oil must be used on board ships.David Pascoe, Senior VP, Maritime Operations and Standards, Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian Registry…

Singapore Bunkering Hub Ready for IMO 2020

© anekoho / Asdobe Stock

Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020, Singapore's Senior Minister of State for Transport and Health Lam Pin Min said on Wednesday."(The) MPA is working closely with the industry to ensure that Singapore is ready to supply low-sulphur compliant fuels ahead of 1 January, 2020," said Lam at the Singapore International Bunkering Conference and Exhibition.The Maritime and Port Authority of Singapore (MPA) will make available a list of licensed bunker suppliers of low-sulphur fuels by mid-2019

Three Balearia Ferries to Convert to LNG

Bahama Mama. Photo: BaleĂ ria

Spain's Baleària will convert three ferries from diesel to LNG dual fuel using Caterpillar and MaK solutions.Incorporating the MaK DF engines will virtually eliminate the sulfur and particulate matter in the exhaust gases, while also cutting down NOx, resulting in even lower CO2 emissions. The three ferries to be converted are Abel Matutes, Bahama Mama, and Martin i Soler, each currently equipped with a pair of MaK 9 M 43 C main engines. After the conversion, the vessels will operate on two MaK 9 M 46 DF engines, which has a rated engine output of 8,685kW.

HFW, BIMCO to Draft First 2020 Bunker Clause

File Image: International Bunker Industry Association

The law firm HFW has helped shipping association BIMCO draft its first clause relating to the International Maritime Organization's 2020 sulphur emission rules.The Global, sector-focused  law firm said that the new clause, focused on compliance, has been fast-tracked and may be published as soon as the end of October.BIMCO will produce several clauses dealing with specific issues relating to IMO 2020, which sets a new limit for the amount of sulphur in fuel oil of 0.5% for ships operating outside designated emission control areas.

BLOC Bags MIT Award for Shipping Emissions MRV Solution

Photo: BLOC

Blockchain Labs for Open Collaboration (BLOC), has won Massachusetts Institute of Technology (MIT) Solve’s Coastal Communities Challenge, for its work in developing shipping Emissions Monitoring Reporting (MRV) solutions.The Blockchain technology and governance specialist said in a press release that it was selected from 33 teams participating in the Solve Challenge Finals, which included a live pitch event at the UN General Assembly week in New York City.The Solver teams were…

UNCTAD Lists Seven Key Trends Shaping Maritime Transport

Pic: United Nations

UNCTAD’s Review of Maritime Transport 2018 identifies seven key trends that are currently redefining the maritime transport landscape and shaping the sector’s outlook.These trends, presented in no particular order, entail challenges and opportunities which require continued monitoring and assessment for effective and sound policymaking.1) ProtectionismOn the demand side, the uncertainty arising from wide-ranging geopolitical, economic, and trade policy risks as well as some structural shifts, constitutes a drag on maritime trade.

Ship Owners Are Scrambling to Install Scrubbers

© Sergey Evsyukov / Adobe Stock

Ship owners accelerated installations of engine emissions cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent, according to a report.Vessel operators can either switch to cleaner, but more expensive, marine gasoil or install scrubbers to filter sulphur from dirtier fuel oil.The looming change in International Maritime Organization (IMO) rules has impacted…

MOL LNG-Fueled Tugboat Named Ishin

Image: Mitsui O.S.K. Lines

Japanese logistics giant Mitsui O.S.K. Lines (MOL) announced that naming and launching ceremonies for the company's LNG-fueled tugboat, built at Kanagawa Dockyard  were held on September 28.According to a press release from the company, the tugboat was named Ishin after the name of MOL's technology development project, the 'Ishin Next MOL Smart Ship Project'.Ishin, slated for delivery in February 2019 after the completion of outfitting work, will be the first LNG-fueled tugboat serving Osaka Bay starting in April.In addition…

Wilhelmsen Ships Service Readying for 2020

Pic: Wilhelmsen

The 1st of January 2020, the date when the permissible level of sulphur in fuel is lowered from 3.5% down to 0.5%, is fast approaching.To meet demand, in addition to low sulphur distillates, the fuel market will also include a number of new hybrid and blended fuels.In preparation for 2020 Wilhelmsen Ships Service is recommending owners and operators address the stability and compatibility issues associated with new low sulphur, hybrid, and blended fuels head-on, with their test and treat program.Jonas Östlund…

Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019

(Photo: Hapag-Lloyd)

German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it has developed what it will call a marine fuel recovery mechanism (MFR), which it will gradually introduce from Jan.

Novatek, Fluxys to Build German LNG Terminal

Pic: Fluxys

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port.The envisaged facility is to unlock LNG as a low emission alternative for heavy fuel oil, diesel and LPG in North and Central Europe and the Baltic Sea area.The joint venture (Novatek 49% - Fluxys 51%) intends to build and operate a terminal for receiving and unloading mid-scale LNG carriers…

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News