Fuel Oil News

18 Feb 2019

IMO Readies for Sulphur 2020 Limit

Pic: International Maritime Organization

International Maritime Organization (IMO)'s Sub-Committee on Pollution Prevention and Response (PPR) meets this week (18-22 February) at IMO headquarters.According to the UN body, the meeting will focus on finalizing draft Guidelines on consistent implementation of the 0.50% sulphur limit under MARPOL Annex VI. The aim of the Guidelines is to assist in the preparations for and uniform implementation of the lower limit for sulphur content in ships’ fuel oil, which will take effect…

18 Feb 2019

Clean Arctic Alliance Thrusts on HFO Ban

Pic: Clean Arctic Alliance

As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) opened yesterday in London, the Clean Arctic Alliance called on Member States to remain focussed to the goal of developing a ban on the use and carriage of heavy fuel oil (HFO) by shipping in the Arctic.“While IMO delegates gather to discuss ways to mitigate the impacts of heavy fuel oil (HFO) – the dirtiest of ships’ fuels – on Arctic ecosystems, IMO member states must keep their sights firmly on the need for a ban…

12 Feb 2019

IMO 2020: More than Fuel Choice

Image: TOTAL Lubmarine

With a year to go before the implementation of the 2020 Sulfur Cap, few topics will be higher on the list of priorities for shipowners than complying with Annex VI of the IMO MARPOL Convention (2008). However, the reduction of sulfur content in marine fuel from 3.5% to 0.5% in time for the deadline means more than identifying a strategically suitable fuel choice. The importance of choosing the correct lubricant, coupled with incorporating the relevant supporting is also a vital consideration.As both a global lubricant supplier and as a part of the wider Total Group…

12 Feb 2019

FLNG Market Grows a CAGR of +93%

FLNG: Shell Global

Global floating liquefied natural gas (FLNG) market is growing at a CAGR of +93% during forecast period 2019-2026 as the demand for natural gas has been rising as it is a preferred fuel in power generation in various industries.According to a report from Research N Reports, the demand comes from mainly for the regions such as North America, Europe, China, Japan, Southeast Asia and India.Natural gas is cleaner, safer, and more cost-effective than other fuels. It has the potential to significantly reduce greenhouse gas (GHG) emissions…

11 Feb 2019

Grimaldi: 18 Engines Ordered for 9 Ships

MAN Energy Solutions has won the order to supply 18 × MAN B&W 9S50ME-C9.6 TIER II-compliant main engines for 9 × 7,800 lane-meter RoRo vessels intended for operation in the Mediterranean Sea. The customer is the Grimaldi Group, the Naples, Italy-based shipping company and leading operator within the RoRo segment. MAN Energy Solutions’ two-stroke licensee – Hyundai Heavy Industries Co., Ltd. (Engine & Machinery Business Unit) – will build the engines in Korea, while Jiangsu Jinling Shipyard Co. Ltd. will construct the vessels in Nanjing, China. Delivery of the first vessels is expected from 2020. MAN will also supply 1 × MAN TCA66 turbocharger for each engine.The new RoRos are the first examples of a new series of hybrid vessels…

11 Feb 2019

Fund Buying Slows on Crude

© Pawin/AdobeStock

Hedge funds added more bullish positions in crude at the start of February but at a much slower pace than before, as optimism about OPEC output cuts was tempered by renewed anxiety about the U.S.-China trade talks.Hedge funds and other money managers increased their net long position in Brent crude futures and options for the eighth time in the last nine weeks but by just 1 million barrels.Fund managers added new short positions (+13 million barrels) for the week ended Feb. 5…

08 Feb 2019

Woodmac: 10% of Marine Fuel to be Scrubbed

© Stephen Finn/AdobeStock

Recent research from Woodmac makes some fairly bold and insightful predictions on the future of maritime fuel as the clock ticks toward 2020 and new fuel rules from the IMO that will dramatically reduce the level of sulfur emissions from ships.* Research firm Woodmac sees a rise in the use on ships of "scrubbers", the equipment to clean up sulfur emissions, before the International Maritime Organization imposes new rules from Jan.

08 Feb 2019

Next Generation of Z-Tech Tugs Arrive

Photo: Robert Allan Ltd.

At the end of 2018, Gulf Island Shipyards completed the first of ten Z-Tech 30-80 tugs, five of which were ordered by Bay Houston Towing Company through its operator G & H Towing Company in Galveston, Texas. The Z-Tech 30-80 tug Mark E. Kuebler evolved from the previous Z-Tech 7500 design for the same owner. Once again, the design team and client worked seamlessly addressing operational challenges the vessel will face. A main feature of this latest Z-Tech is incorporating Robert Allan Ltd.’s unique RAstar series sponsoned hull form into the existing Z-Tech design.

05 Feb 2019

Hapag-Lloyd to Convert Containership to LNG

As the maritime industry increasingly searches for means to reduce emissions in the face of legislative mandate, from Germany comes news of a unique 'world first' project to convert the 15,000 TEU containership Sajir to LNG, resulting in an estimated reduction of CO2 emissions from 15 to 30 percent.While the use of LNG as fuel in the commercial newbuild ship sector continues to gain traction, the refit of existing ships to LNG has been slower in developing, owed mainly to the…

01 Feb 2019

K Line Deploys “Corona Youthful” Bulker

"K” LINE's newest vessel to deploys Binary Cycle Power Generation System and will starts the onboard trial.“K” LINE announced that one of its new 91,000-DWT-type coal carriers, “CORONA YOUTHFUL,” was delivered with a binary cycle power generation system developed by KOBE STEEL, LTD. at OSHIMA SHIPBUILDING CO., LTD. on 1 February 2019 with operational trial having commenced in order to confirm performance and durability at sea as joint research between KOBE STEEL and “K” LINE.Binary…

01 Feb 2019

MOL's LNG-Fueled Tug Begins Bunkering

Pic: Mitsui O.S.K. Lines

Japanese shipping company Mitsui O.S.K. Lines (MOL) that its LNG-fueled tugboat 'Ishin' bunkered LNG fuel in Sakai Senboku Port for the first time, in preparation for test operation.MOL ordered the vessel from Kanagawa Dockyard. This is the first bunkering of LNG as a vessel fuel at any port in the Kansai region.The LNG fuel was supplied by Osaka Gas using a truck-to-ship LNG bunkering procedure. The truck-to-ship LNG bunkering procedure supplies LNG fuel from an LNG truck on shore.After test sailing with LNG fuel…

23 Jan 2019

IMO 2020: Fujairah Tightens Exhaust Rules Ahead of 2020

Key Middle East oil terminal bans open-loop scrubbersFujairah in the United Arab Emirates has become the latest major port to ban a type of fuel exhaust cleaning system to comply with a coming tightening in rules regarding global sulphur emissions, mirroring similar moves in Singapore and China.Under International Maritime Organization (IMO) rules that come into effect from 2020, ships will have to reduce the sulphur content in their fuel to less than 0.5 percent, compared with 3.5 percent now, forcing huge changes upon global shippers and also oil refiners.Fujairah's harbour master said in a faxed document seen by Reuters that the port "has decided to ban the use of open-loop scrubbers in its waters ...

17 Jan 2019

Novatek Production Rose 6.9% in 2018

Pic: Novatek

Russia's largest independent natural gas producer Novatek said that total hydrocarbon production during 2018 increased by 6.9%, and had increased sales of gas."In 2018, Novatek’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 35.1 million boe, or by 6.9% as compared with the twelve months 2017…

16 Jan 2019

Ship Fuel: Singapore Bunker Volumes Dip, 2019 Uncertain

© stockphoto mania/AdobeStock

Sales of marine fuels in Singapore, the world's biggest ship fueling port by volume, totaled 49.8 million tonnes in 2018, down 2 percentfrom a record the year before, the Maritime and Port Authority of Singapore (MPA) said on Monday.December sales volumes of marine fuels, also known as bunkers, reached an 11-month high of 4.308 million tonnes, up 10 percent from November and the second-highest for the year, the data showed.The strong month helped lift Singapore's 2018 marine fuel sales figures to the second highest on record…

15 Jan 2019

New Crewboat for PSA Marine

Photo: Incat Crowther

Singapore-based shipbuilder Lita Ocean has delivered Summit PSA 5, a new 25m monohull crewboat for compatriot owner and operator PSA Marine.The Incat Crowther designed vessel will provide for the transport of both personnel and light cargo to and from a floating storage regasification unit (FSRU).The vessel is powered by two MAN D2842 LE410 marine engines rated at 809 kw @ 2,100 rpm driving two fixed pitch propellers. The vessel has a full load speed in excess of 26 knots, easily exceeding the contract requirement of 25 knots.Tank capacities include 11…

15 Jan 2019

Ecodelta Christened in Rotterdam

Ecodelta-the new LNG consuming dredger. Image:  Conoship International

A new trailing suction hopper dredger (TSHD) Ecodelta, powered by liquefied natural gas (LNG),  was christened last Friday (January 11) in the Dutch port of Rotterdam.The dredging vessel, built at the Dutch yard Barkmeijer for shipping company Van der Kamp, is a key component of the new contract entered into by Bagger & Aannemingsmaatschappij Van der Kamp and the Port of Rotterdam Authority.In 2015, the project Ecodelta was initiated by Van der Kamp, a Zwolle-based dredging company…

11 Jan 2019

Singapore LNG and YTL PowerSeraya Appoint New CEOs

Image: Singapore LNG

Singapore-based energy company YTL PowerSeraya and LNG terminal operator Singapore LNG Corp (SLNG) announced that they have appointed new chief executive officers (CEOs).YTL PowerSeraya said that han Swee Huat has decided to step down as CEO of the Group with effect from 15 January 2019. Chan plans to retire but will continue to serve as an advisor to parent company YTL Power International.He will be succeeded by industry veteran John Ng, who was most recently the CEO of Singapore LNG Corporation (SLNG).

09 Jan 2019

China Bans Discharge From Open-Loop Scrubbers in Coastal Waters

China's maritime authority has banned the discharge of "wash water" used in ships to strip hazardous sulphur emissions from engine exhaust gases from Jan. 1, in an effort to curb pollution of its coastal seas.The ban on discharges from so-called open-loop scrubbers affects all rivers and ports along China's coastline and includes the Bohai Sea, according to an official from the China's Maritime Safety Administration (MSA).The measure mirrors a similar move made in Singapore ahead of International Maritime Organization (IMO) rules that will ban ships from using marine fuels with a sulphur content of more than 0.5 percent from 2020, unless…

08 Jan 2019

China Bans Open-Loop Scrubber Discharge at 'Some' Ports

© evening_tao / Adobe Stock

China's maritime authority has banned the discharge of "wash water" used in ships to strip hazardous sulphur emissions from engine exhaust gases from Jan. 1 for some ports, according to a government document reviewed by Reuters on Tuesday.The ban on water discharge from so-called open-loop scrubbers is part of an effort to prepare for International Maritime Organization (IMO) rules that will ban ships from using fuel oil with a sulphur content of more than 0.5 percent from 2020…

07 Jan 2019

Bunker Delivery Note Amendments Enter into Force

Pic: International Maritime Organization (IMO)

Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative mechanisms to address sulphur emission requirements entered into force on 1 January 2019.According to a press release from International Maritime Organization (IMO), the amendment enters into force as the shipping industry counts down to 1 January 2020, when the limit for sulphur in fuel oil will be reduced to 0.50% m/m outside emission control areas (ECAs),…

07 Jan 2019

Nanyang Technological University Brings Methanol Power to Singapore

Photo courtesy of Methanol Institute

The Methanol Institute (MI) is backing a project at Nanyang Technological University (NTU) of Singapore which will be the first evaluation of Methanol as a marine fuel in Asia.The project consists of two phases, with the first consisting of desktop and bench-testing the Methanol-powered engine employed in the GreenPilot evaluation program in Gothenburg, Sweden. In the second phase, the engine will be shipped to Singapore for installation onboard a harbor craft vessel for service within a fleet for a six-month sea trial…

06 Jan 2019

Paris and Tokyo MoUs Warn on Sulfur Cap Compliance

Pic: IMO

The Maritime Authorities of the Paris and the Tokyo Memoranda of Understanding (MoU) on Port State Control will start issuing a letter of warning from 1 January 2019 on the sulphur content of marine fuels during inspections in order to increase awareness of and to encourage timely compliance with the new requirements.According to a release from the Paris MoU, the requirement of maximum sulphur content of 0,50% m/m for marine fuel oil will enter into force on 1 January 2020, which…

04 Jan 2019

NYK Group Aims to Stay Ahead 2022 with Digitalization and Green

Pic: NYK Group

NYK president Tadaaki Naito in his New Year’s speech required the employees to execute the medium-term management plan “Staying Ahead 2022 with Digitalization and Green” announced in March of last year.He chartered out  the three basic strategies in the medium-term management plan.Under the first step of “Optimizing the business portfolio,” the fundamental revision of the dry bulk business and success of the integrated container shipping line ONE have been set forth as the two key elements.In the dry bulk business…

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

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