International Bunker Industry Association News

11 Sep 2019

IBIA, S&P Partner to Encourage IMO2020

Graph: S&P Global Platts

The International Bunker Industry Association (IBIA) and price-reporting agency S&P Global Platts are to work together to help market participants across the shipping ecosystem prepare ahead of the implementation of the International Maritime Organization (IMO) low sulfur marine fuel regulations in January 2020.Unni Einemo, Director of IBIA and its representative at the IMO said: "We are very pleased to work with S&P Global Platts in bringing industry stakeholders the tools they…

17 Dec 2018

Bunker Industry Welcomes MSC Move on Fuel Safety

Image: International Maritime Organization (IMO)

The International Bunker Industry Association (IBIA) has welcome a decision by the International Maritime Organization (IMO)'s Maritime Safety Committee (MSC) to add a new item to its agenda to address concerns about fuel safety, separating the subject from discussions around the implementation of the new 0.50% sulphur limit under  the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI.According to an IBIA release, the decision was made at the 100th session of MSC held at IMO’s London headquarters in the first week of December.

04 Dec 2018

MBL's Fuels Assurance Platform now being tested

file Image: CREDIT MBL & Matthew Henry / Burst

Maritime Blockchain Labs has announced the real-world testing phase for technology solution that enhances traceability and trust in bunker fuel supply chain. Maritime Blockchain Labs (MBL), a partnership set up between Lloyd’s Register Foundation and BLOC to explore the use of blockchain for the assurance and safety of critical infrastructure and drive new business models for the global maritime industry, announced today that its first demonstrator project, a fuel provenance register for the maritime sector that aims to provide trusted information about fuel origin…

08 Jul 2018

IBIA Promotes Sensible Approach to Sulphur Testing

Image:  International Bunker Industry Association

International Bunker Industry Association (IBIA) is continuing its efforts for IMO to adopt guidelines ahead of 2020 that will promote a uniform approach to fuel oil testing and reporting protocol for the verification of compliance with MARPOL Annex VI sulphur limits. Earlier this year, IBIA submitted two papers to the 5th session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 5) proposing a way ahead on sulphur testing and compliance verification. Both papers will be forwarded to a PPR intersessional working group (ISWG) taking place at the IMO in July.

15 May 2018

New Online Tool Aids 2020 Sulfur Compliance

Photo: Lloyd's Register

The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020.According to LR, the ‘Options Evaluator’ aims to bring clarity to what the potential cost and investment implications could be for the various compliance strategies, such as transition from fuel oil to marine gasoil (MGO), use of scrubbers…

03 May 2018

BIMCO Sets New Standard with Revised Bunker Contract

Photo: Official Twitter Page of BIMCO

BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the contract. “I think it is a positive step for the industry that representatives for the bunker traders and shipowners have agreed on a standard set of terms, which both parties consider fair and balanced,” says Francis Sarre, Chair of the BIMCO Documentary Committee.

27 Apr 2018

Singapore Extends MFM Use

File Image (CREDIT: AdobeStock / © Seafarer81)

Following the successful completion of test-bedding the use of mass flow metering (MFM) system for delivery of distillates , the Maritime and Port Authority of Singapore (MPA) will extend the mandatory use of MFM to all bunker tankers delivering distillates1 in the Port of Singapore from 1 July 2019. Assistant Chief Executive (Operations) of MPA, Capt M Segar said this at the International Bunker Industry Association (IBIA) Asia Gala Dinner held last night (26 April 2018). The use of the MFM system will enhance transparency in the bunkering process…

26 Apr 2018

Singapore to Require Flow Meters for Bunker Transfers

File Image (CREDIT: AdobeStock / © Seafarer81)

Singapore's Maritime Port Authority (MPA) is set to announce it is making use of mass-flow-meters (MFM) mandatory onboard marine gasoil barges used to refuel large ships, two people with knowledge of the matter said. The announcement will be made at a gala dinner in the city state organised by the International Bunker Industry Association (IBIA) later on Thursday, the people said. They spoke on condition of anonymity because they were not authorised to speak to the media. It wasn't…

28 Feb 2018

Tech File: Fuel Monitoring Matters

Parker Kittiwake ATR oil analyzer

Whether you choose distillates, liquefied natural gas (LNG) or scrubbers to meet the new International Maritime Organization (IMO) fuel regulations in 2020, it will be ever more critical to regularly monitor the condition of vital equipment to ensure there is no adverse affect on operational efficiency. Industry opinion ahead of the implementation of the 2020 global sulphur cap remains fragmented to say the least. With only a relatively short timeframe remaining before ship owners will be facing the reality of compliance…

15 Aug 2017

IBIA Supports Efforts to Ensure Integrity of MFM Systems

Photo: International Bunker Industry Association (IBIA)

The International Bunker Industry Association (IBIA) believes the benefits achieved from adopting mandatory use of Mass Flow Meters (MFMs) for marine fuel oil deliveries in Singapore must be protected by effective enforcement, and that using approved MFMs to measure quantity being loaded onto bunker tankers as well as that delivered to ship would address a missing link in supply chain integrity. The Singapore regulation that came into effect on 1 January 2017 was widely perceived…

07 Jun 2017

ABS Hosts Industry Leaders in Athens

Christopher J. Wiernicki (Photo: ABS)

ABS, a provider of classification and technical services to the marine and offshore industries, held its annual Hellenic National Committee meeting in Athens, Greece in June. “As the recognized classification leader in Greece, we bring together the best and brightest industry leaders for transparent, robust and engaging conversation related to key industry issues,” said ABS Chairman, President and CEO Christopher J. Wiernicki. The committee meeting provides a forum for ABS Members…

23 May 2017

IBIA Backs ICS, IMO Proposals on CO2 Emissions

Photo: International Bunker Industry Association

Pressure is growing on the International Maritime Organization (IMO) to deliver specific commitments to reducing greenhouse gas emissions. A proposal from the International Chamber of Shipping (ICS) and other shipping organisations offers a possible way forward. International Bunker Industry Association (IBIA) explains what’s going on. IBIA believes in finding pragmatic and practical solutions to pursuing policy aims at the IMO, and what has been set out by ICS and others looks like a good compromise between the divergent positions we have seen.

24 Feb 2017

IBIA in Attack Mode

Bunker fuel company staff supervising supply operations at port [Photo: ©2016 Patrick King Photo for GAC]

The IMO’s MEPC 70 proposals for a marine fuels sulfur cap of 0.5% to be in place by 2020 have attracted severe criticism from several major stakeholders in the maritime sector, including the International Bunker Industry Association, the organization that defends the interests of bunker fuel suppliers. The IBIA has stated that several unknowns remain about the proposed limit and has asked whether assumed global capacity will translate into actual marine market supply in 2020: “Will refiners produce suitable fuels, and what will these fuels look like?

09 Feb 2017

Murphy Takes Up Role as Chief Executive of IBIA

Justin Murphy (Photo: IBIA)

The International Bunker Industry Association (IBIA) has introduced its new Chief Executive, Justin Murphy, who akes up his new position from February 13, 2017. From 2013 to 2015, Murphy was CEO of Brightoil Shipping, Singapore and Executive Director at HKSE listed Brightoil Petroleum (Holdings) Ltd, an Energy conglomerate with bunkering and ship owning divisions. Prior to that, Murphy held director and board positions at several firms involved in shipping, including Teekay, AET, and a stint as head of shipping at Macquarie Bank.

29 Dec 2016

Op/Ed: Shipping's Energy Challenge

© Pere Sanz / Adobe Stock

There is no more economically and environmentally efficient way of transporting the world’s goods than by sea. Compared to air or road freight, based on per ton of cargo shipped, shipping’s carbon footprint is small. Yet with the 60,000 or so ships that transport 80 percent of the world’s goods emitting about 1.12bn tons of CO2 each year, almost 4.5 percent of all global greenhouse gas emissions, it is unequivocal that we need a viable way of reducing our environment impact. As other sectors reduce their carbon footprint shipping’s is likely to increase as an overall percentage.

08 Nov 2016

IBIA on Global sulphur cap

Image: International Bunker Industry Association

Even if, in theory, globally there is refining capacity to produce sufficient fuels to meet the 0.50% sulphur cap in 2020, if you take a more detailed look the picture is very different. In fact, several countries told the 70th session of the Marine Environment Protection Committee (MEPC 70) that they would not have sufficient refining capacity to offer compliant fuels to ships in 2020. Some of these countries are major bunker markets today, providing large quantities of residual fuel oil to ships calling at their ports…

02 Nov 2016

LNG Fuel is Not a Cure-all Solution

Liquefied natural gas (LNG) is not a panacea to reducing greenhouse gas emissions, and its increasing use as a marine fuel could be worse for the environment than burning heavy fuel oil, said Ian Adams, the former CEO of the International Bunker Industry Association. “Whilst it is well documented that LNG is an excellent solution for reducing SOx and NOx emissions, I am dismayed to see it being promoted as a solution for reducing GHGs,” Adams said, in stark contrast to claims that the use of LNG as a marine fuel can reduce the industry’s CO2 emissions by as much as 75 percent. Adams, a Fellow of the Institute of Marine Engineering, Science & Technology who now heads the Association of Bulk Terminal Operators…

08 Sep 2016

IBIA Finalises Bunker Surveyor SOP

Image: International Bunker Industry Association

International Bunker Industry Association (IBIA) has finalised a Standard Operating Procedure (SOP) to help bunker surveyors identify their responsibilities when overseeing bunker deliveries involving Mass Flow Meters (MFMs) in Singapore. The SOP has been developed to address industry concerns and benefit all parties in the bunkering supply chain, and build trust in this new operating paradigm as Singapore moves toward the mandatory use of MFMs for supply of marine fuel oil (MFO).

10 Jul 2016

Standard Bunker Contract Review Begins

Photo: A/S Dan-Bunkering Ltd

Three of the world’s largest bunker suppliers, including World Fuel Supplies and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015. Shipowners will be represented by Denmark-based J Lauritzen and Norden. Legal and P&I input comes from Clyde & Co and the North of England P&I Club. The initiative is supported by the International Bunker Industry Association (IBIA) who will have a representative on the team. BIMCO…

06 Jul 2016

New Bulk Terminals Trade Association Formed

The newly established Association of Bulk Terminal Operators (ABTO) has been formed to provide the world’s bulk terminals with a united front at governmental level to ensure the sector can better face the environmental and commercial challenges ahead. Open to bulk terminal operators, suppliers of equipment and services to those terminals and relevant associations and institutions, the trade association seeks to provide a voice at a national and international level, providing a forum for its members to discuss the issues impacting seaborne trade and the global transportation of bulk commodities. “The Association of Bulk Terminal Operators was born out of an underrepresentation of the sector at national government and international regulatory level…

06 May 2016

IBIA Develops Bunkering Procedure Guidelines

A set of Standard Operating Procedures (SOP) for surveyors has been developed by the International Bunker Industry Association (IBIA) to help the industry manage new regulations, standardize best practice and build trust in the market, IBIA announced. IBIA said the guidelines have been developed in response to the introduction of the Singapore Mass Flow Meter (MFM) Technical Reference or TR 48:2015 launched on February 16, 2016, in support of the mandatory use of MFM systems for all marine fuel oil (MFO) deliveries in Singapore with effect from January 1, 2017. The Marine and Port Authority of Singapore (MPA) requires all bunker suppliers…

19 Apr 2016

IBIA Develops Bunker Course with South Shields Marine School

Training Courtesy IBIA

The International Bunker Industry Association, (IBIA) has joined with South Shields Marine School at South Tyneside College, to develop a course unit on bunkering essentials for merchant navy cadets and engineering officers taking their Class one and Class two certificates of competency. The course has been developed in close partnership with the college, and explains the fundamentals of the bunker industry, the key regulations affecting shipping today, the challenges and industry developments…

15 Mar 2016

IBIA Joins Trident Alliance for Global Sulphur Cap

Photo: IMA

With the introduction of the 0.50% Global Sulphur Cap is drawing near and very little attention is being paid to how it will be enforced, the International Bunker Industry Association (IBIA) has joined hand with the Trident Alliance to share serious concerns about the future enforcement of the Global Sulphur Cap and also decided to work together on this important issue. Highlighting the potential scale of the enforcement task, Anna Larsson, Chair of the Trident Alliance said: "The 0.1% sulphur limit in Emission Control Areas has now been in place for over a year…

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