Enterprise Adds Vessel Fueling Capabilities at Houston
Enterprise Products Partners, as of June 1, 2018, is the exclusive provider of residual marine fuel (RMG 380) and marine gas oil (MGO) at its Enterprise Hydrocarbons Terminal (EHT) on the Houston Ship Channel. RMG 380 and MGO are the primary transportation fuels used by deep-draft vessels that dock at the EHT facility. “Being able to fuel ships as they load and offload product at our EHT marine terminal significantly streamlines the process, saving our customers time and money by not having to stop at a third party facility,” said A.J.
Singapore Marine Fuel Sales at 3-month High
Singapore marine fuel sales climbed to a three-month high of 4.233 million tonnes in April, up 1.6 percent from the previous month but 0.5 percent lower from the same time last year, data from the Maritime and Port Authority of Singapore (MPA) showed on Monday.In a signal of steady demand for marine fuels, the firm April sales volumes came despite rising fuel costs and supply disruptions of some bunker fuels towards the end of the month, trade sources said.The cost of 380-centistoke (cst) fuel oil cargoes, the mainstay bunker fuel for large vessels, in April averaged $385 per tonne in Singapor
Cruise Ship Construction: China Rising
China earns cruise newbuild business, aims for ship financeWhile China has steadily built shipbuilding market share, cruise ship construction – more specifically mastering the logistical complexities inherent in cruise ship design, outfit and construction – has proved elusive. But it appears that Chinese shipbuilders have turned the corner, with contracts signed for the first cruise newbuilds. We were in Tianjin, China, earlier this year for the 4th Annual China Maritime Finance Forum for a look behind the covers of passenger vessel in China…
Europe’s First LNG Dredger Conversion Underway
Work has kicked off at Damen Shiprepair Dunkerque to convert the trailing suction hopper dredger (TSHD) Samuel de Champlain from diesel-electric propulsion to dual-fuel capability combining marine gas oil (MGO) and liquefied natural gas (LNG). A ceremony was held at the yard to mark the first cutting of steel for the prefabrication of a new section of hull that will hold the new generators and other equipment.Present at the occasion were Jean-Pierre Guellec, CEO of GIE Dragages-Ports…
Singapore Reports Higher May Bunker Fuel Sales
Singapore marine fuel sales climbed to a four-month high of 4.283 million tonnes in May, up 1.2 percent from the previous month and 2.5 percent higher compared with a year ago, data from the Maritime and Port Authority of Singapore (MPA) showed on Wednesday.The strong volumes sold in May were largely in line with industry expectations and come despite sharply higher bunker fuel prices due to rising crude oil prices and shortages of finished grade bunker fuel oil during the month.The cost of 380-centistoke (cst) fuel oil cargoes, the mainstay bunker fuel for large vessels, in May averaged $433
Environmental Regs Drive Work for Gibdock
With owners required to respond to new rules on invasive species and emissions, Gibraltar-based Gibdock reports it is seeing a stronger than expected surge in interest in ballast water management system and exhaust gas scrubber work. Richard Beards, Managing Director of the Western Med’s gateway repair facility, attributes the upturn in inquiries to the yard’s enduring advantages of location, quality of work and on-schedule redelivery.“We have undertaken significant ballast water work over the last 18 months and in the first half of 2018 we have had more enquiries than ever before…
Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS Line
Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced today it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business. Under the MOU, two companies join forces to retrofit the medium-sized LPG carriers owned by KSS Line with Exhaust Gas Cleaning System. Ships equipped with the cleaning system will be able to meet the IMO’s sulfur emission cap of 0.5% even with bunker-c oil, cheaper than marine gas oil, and thus will significantly be able to lower fuel costs.
IBIA in Attack Mode
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?
New Fuel Regs Drive Scrubber Business
The Exhaust Gas Cleaning Systems Association and its members are preparing to meet higher demand for gas scrubbing systems to bring SOx emissions in line with the targets set by the IMO’s 2020 fuel sulfur content proposals. As previously reported by this correspondent in Maritime Reporter and Engineering News (December 2016 issue, page 24; January 2017 issue, page 28), the IMO has come in for some severe criticism over its proposals to introduce a global marine fuels sulfur content cap of 0.5 percent (mass/mass) by the year 2020.
IMO 2020: The Future of Fuel
There has been little reaction by way of statements or position papers from marine fuel lubricant manufacturers to the IMO MEPC70 proposals for a global fuel sulfur content cap of 0.5 percent by 2020 but they are fully aware of the implications of the proposed regulations and are taking what could be termed a ‘pragmatic approach’ to fuel regulation compliance. Marine lubricant suppliers have avoided getting involved in the debate as to whether the IMO MEPC70 proposals to reduce permissible marine fuel sulfur content to 0.5 percent or less is good…
New Horizons: Cruise Industry Challenges & Solutions for 2017
Approximately 130 million Chinese citizens travel internationally, making China the world’s largest outbound travel market in the world. With one-sixth of the world’s population, many recognize this country as a market with huge potential. Until a few years ago, travel by ship was a common mode of transport, but China’s rapid economic evolution has attracted more people to leisure travel opportunities and the luxury holiday experience cruise liners can offer. It is anticipated that the number of Chinese passengers will reach 4.5 million by 2020…
Aegean Marine, Freepoint Commodities Pact on Bunkering Sales
Aegean Marine Petroleum Network and Caribbean Bunkers LLC have signed an agreement to cooperate on bunkering sales, focused around the US Virgin Islands facility at Limetree Bay, St. Croix. Under terms of the agreement, Aegean will market bunker fuels and marine gas oil supplied by Freepoint to customers calling on the Limetree Bay Facility. The agreement calls for future expansion in the region that could lead to adding delivery capability through Aegean's owned fleet. Manolis Chochlakis…
Fuel Tanker Sinks off Piraeus
Product tanker Agia Zoni II reported water ingress, sinking, in the early hours of Sunday in Saronikos Gulf, south of Athens at anchorage west of Piraeus, with some 2500 tons of fuel on board, and two crew. The local media reports that Aghia Zoni II took on water while it was anchored and sank at 2.45 a.m., after sailing from the Aspropyrgos distilleries in the early hours of Saturday carrying 2,200 metric tons of fuel oil and 370 metric tons of marine gas oil. It is not yet known what caused the sinking.
Designing the New National Security Multi-Mission Vessel
For more than 100 years the U.S. has depended on State Maritime Academies (SMA) to produce USCG licensed merchant officers. The SMA’s have also been an important source of U.S. Navy and U.S. Coast Guard officers, as well as trained personnel for the maritime industry and electric power industries ashore. Key to training these future deck officers and engineers has been the annual sea cruise on dedicated training vessels. The current SMA training ships, all of which were built for other purposes and later converted to be training ships, are getting old.
No Clear Route to 2020 Sulphur Cap Compliance -Survey
The route to compliance with the International Maritime Organization (IMO) 2020 0.5 percent global sulphur cap is unclear for many vessel operators, according to a marine industry survey conducted by ExxonMobil. Some 70 percent of respondents saying that they do not believe the industry is ready for the deadline, highlighting an ongoing sense of confusion and lack of preparedness. The makeup of the marine fuel mix in 2020 and beyond is an area of concern, with wide-ranging views from the industry on how the landscape will evolve.
Emissions Regulations Present Strategic Opportunity
The marine industry as a whole is responsible for about 2.5 percent of global greenhouse gas emissions. Shipbuilders and fleet owners have spent the last two decades adjusting to shifting emissions regulations since the introduction of the MARPOL Convention 1997 Protocol, which included specific regulations for the reduction of air pollution from marine vessels. Since then, there have been additions and amendments to ensure that the industry is doing its bit to better support the environment, with the latest regulation pulling forward lower caps in global emissions.
LNG: Maritime's Fuel of the Future
The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as global containershipping giant CMA CGM announced its intention to outfit its series of new 22,000 TEU containerships with LNG-fueled engines. The move to ‘clean fuel’ in the maritime sector has been rapid, spurred by new rules from the International…
NYK Signs Charter with EDF LNG Shipping
Japanese shipping company NYK Line announced that it signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter a newly built LNG carrier for a total of seven years, with optional extension periods for up to 13 more years. The vessel will be built by Hyundai Samho Heavy Industries in Korea and is due to be delivered on April 30, 2020. The vessel will be fitted to EDF’s specific requirements and will have a 174,000-cubic meter capacity membrane…
WFW Advises NYK on LNG Carrier Charter
Watson Farley Williams (WFW) advised NYK Nippon Yusen Kabushiki Kaisha (NYK) on the execution on 26 January 2018 of its long-term charter contract with EDF LNG Shipping, a subsidiary of the electricity major, Electricité de France (EDF). The contract is for the chartering of a newly built liquefied natural gas (LNG) carrier for seven years, with optional extension periods for up to thirteen additional years. WFW also worked closely with the commercial and in-house legal teams at NYK, Hyundai Samho Heavy Industries and EDF on the construction arrangements for the vessel for the project.
Adventure Bound: Sunstone Ships Climbs to New Heights
Niels-Erik Lund began his passenger ship career in 1969 as a trainee in a Danish passenger shipping company, DFDS. In the nearly 50 years since, the passenger and cruise shipping industry has changed many times over, with consistent growth being the only similarity between then an now. Today Lund, President & CEO of Sunstone Ships, Inc., has an unfettered view of the expedition cruise sector that he helped to create. With the expedition and luxury cruise segments set for fast growth, Maritime Reporter spoke to Lund to help put the market in better perspective.
Mitsui LNG Carrier Named Marvel Falcon
On March 29, a naming ceremony was held at Geoje Shipyard of Samsung Heavy Industries Co., Ltd. in Korea, for new liquefied natural gas (LNG) carrier that NYK has concluded a long time-charter contract with Mitsui & Co. Ltd. At the ceremony, the ship was named “Marvel Falcon” by Mr. Tatsuo Yasunaga, president and chief executive officer of Mitsui & Co., Ltd. and the ceremonial rope holding the vessel in place was cut by Mr. Yasunaga’s wife. From NYK, Hitoshi Nagasawa, Representative Director, Senior Managing Corporate Officer attended.
Hamburg Süd, Electrolux partner for SO2 Reductions
Hamburg Süd and its Swedish customer Electrolux are teaming up to reduce sulfur dioxide emissions in ports. During its layovers in Manzanillo, Mexico; Callao, Peru; and Iquique and Puerto Angamos, Chile. Between March 11 and 24, the 7,114 TEU containershp Santa Catarina voluntarily used cleaner marine gas oil (MGO) instead of standard heavy fuel oil (HFO) to operate its auxiliary engines and boilers. Hamburg Süd and Electrolux already carried out a fuel upgrade in the past, thereby making a contribution to environmental and health protection.
ExxonMobil Launches MFMS for Marine Gas Oil in Singapore
ExxonMobil said it is launching its mass flow metering system (MFMS) for marine gas oil (MGO) in Singapore, with the first barge deliveries set to start in May 2018.The Maritime and Port Authority of Singapore (MPA) has mandated that all distillates must be delivered via a MFMS from July 1, 2019. ExxonMobil worked closely with the MPA during a trial that was concluded in October 2017 and is now in a position to launch its MFMS for MGO deliveries ahead of the deadline.According to ExxonMobil…