Fitch Warns: Shippers' Costs and Capex may Increase
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies' operating costs and capex needs, says Fitch Ratings in a new report."This may negatively affect their credit quality unless they manage to pass these costs to customers. Many shipping companies have started implementing fuel surcharges to recover costs associated with the new sulphur cap regulation, but their ability to sustain these will depend on market fundamentals…
Sovcomflot's Lomonosov Prospect Transists Northern Sea Route on LNG
PAO Sovcomflot (SCF Group)'s large-capacity LNG-fueled Aframax tanker Lomonosov Prospect has successfully completed its first commercial voyage along the Northern Sea Route (NSR) to deliver a cargo of petroleum products from the Republic of Korea to Northern Europe.The high-latitude voyage from Cape Dezhnev at Chukotka to Cape Zhelaniya of the Novaya Zemlya archipelago took the Arc4 vessel 7.8 days to complete, during which the tanker covered a distance of 2194 nautical miles.During the voyage…
Modest Tree to Provide Virtual Reality Training for MAN
MAN Energy Solutions has selected Nova Scotia-based simulation and training software developer, Modest Tree, to develop a virtual reality training solution for the engines onboard the Royal Canadian Navy’s new Arctic and Offshore Patrol Ships under construction at Halifax Shipyard.The virtual reality training solution, the first of its kind in the marine sector, will train the men and women of the Royal Canadian Navy to operate and maintain the ship’s engines.Each Arctic and Offshore…
Ship Financiers Toughen Stance on CO2 Emissions
Leading shipping finance banks have joined industry players in support of faster action to cut carbon emissions by the sector.In April, the United Nations shipping agency reached an agreement to reduce CO2 emissions by at least 50 percent by 2050 compared with 2008 levels, which fell short of more ambitious targets.The UN's International Maritime Organization (IMO) is meeting in London this week to work on an initial strategy on cutting greenhouse gas emissions.In the meantime…
Singapore Marine Fuel Sales Declining
Sales of marine fuels in Singapore fell to a two-month low in August as fewer ships called for refueling at the world's largest bunkering hub, officialdata showed on Thursday.Marine fuel sales last month declined 9.2 percent from a year earlier and 1.8 percent from a month ago to 3.963 million metric tons, data from the Maritime and Port Authority of Singapore (MPA) showed.The decline in marine refueling activity, also known as bunkering, was largely anticipated, four trade sources said…
UAE Bunker Inquiries Spike on Worries over Singapore Tainted Fuels
Inquiries for marine fuel supplies in the United Arab Emirates' (UAE) Fujairah oil hub have spiked as shippers try to avoid loading tainted fuel oil that has clogged and damaged ship engines in Singapore recently, three trade sources said.Tainted marine fuel has been found in Singapore, the world's largest ship refuelling hub, following reports of more than 100 vessels that loaded similarly contaminated fuel in the U.S.
Contaminated Fuels Clog Ship Engines in Singapore
Contaminated marine fuel that clogs and damages ship engines has been found in Singapore, the world's largest ship refuelling hub, according to sources and an alert sent to clients by a marine fuel surveying company.Singapore-based marine fuel surveyor and consulting firm Maritec Pte Ltd warned clients this week that six samples of ship fuel sold in Singapore had "resulted in severe sludging at centrifuges, clogged pipelines, overwhelmed fuel filters".The Singapore findings follow reports of more than 100 vessels that loaded similarly contaminated fuel in the U.S.
German Shipowners Get Back to Basics
The situation for the shipping companies based in Germany has been, much like the rest of the world in 2017, mostly tight. Currently, the German shipping companies are undergoing changes against this background. They are concentrating more and more on their core competences. Maritime Reporter & Engineering News' man in Germany, Peter Pospiech, recently talked to Alfred Hartmann, President of the VDR (Association of German Shipowners), for his exclusive insights on the size, shape and direction of German shipowners.Mr.
LNG as a Fuel Won't Meet Strict Carbon Regulations - analyst
Switching to liquefied natural gas (LNG) to fuel ocean-going vessels may not be enough for shippers to comply with long-term emissions regulations and they will have to find additional ways of reducing emissions, JBC Energy said on Tuesday. The International Maritime Organization (IMO) on Friday reached an agreement to cut carbon dioxide (CO2) emissions by at least 50 percent by 2050 compared with 2008 levels. Shipping accounts for 2.2 percent of world CO2 emissions, according to the IMO, the United Nations agency responsible for regulating the shipping industry.
IMO Reaches Deal to Cut CO2 Emissions
The United Nations shipping agency reached an agreement on Friday to cut carbon emissions, following years of slow progress. The compromise plan, which will cut emissions by at least 50 percent by 2050 compared with 2008 levels, fell short of more ambitious targets. Kitack Lim, Secretary-General of the International Maritime Organization (IMO), said the adoption of the strategy "would allow future IMO work on climate change to be rooted in a solid basis". The IMO said it would also be pursuing efforts towards phasing out CO2 emissions entirely.
IMO Under Pressure to Tackle CO2 Emissions
The United Nations' shipping agency is under pressure this week to agree on a plan to cut carbon emissions from the sector, following years of slow progress, but the strategy could fall well short of what is required to limit global warming. The shipping sector, along with aviation, avoided specific emissions cut targets in a global climate pact agreed at the end of 2015, which aims to limit a global average rise in temperature to "well below" 2 degrees Celsius from 2020. Shipping accounts for 2.2 percent of world CO2 emissions…
Salvage Crews Working to Recover Sanchi's Bunker Fuel
Chinese salvage crews are still trying to remove 1,900 tonnes of bunker fuel, the heavy oil used in ship engines, from a sunken Iranian oil tanker, the Ministry of Transport said on Thursday, almost a month after it collided with a freight ship. If the fuel is not cleaned up, it could pollute the marine environment, the ministry warned in a release. Bunker fuel is noxious to marine organisms and difficult to remove from the ocean once spilled. Five Chinese vessels, and one Japanese ship and one South Korean…
Japan: Little Chance Sanchi Oil Slick Reaches Its Coast
Japan sees little chance of the oil spill from a stricken Iranian tanker that sank on Sunday in the East China Sea reaching its shores, an official at the nation’s environment ministry said on Tuesday. The large tanker Sanchi (IMO:9356608) sank in the worst oil ship disaster in decades and produced a large oil slick, Chinese media and Japanese authorities said on Monday, as worries grew over damage to the marine ecosystem. The vessel’s crew of 30 Iranians and two Bangladeshis are all believed to have perished in the incident.
Stricken Tanker Sinks, Leaves Large Slick in East China Sea
Two bodies, black box recovered from tanker before sinking; Iran says remaining 29 crew, passengers presumed dead. A stricken Iranian tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a large oil slick, Chinese media and Japanese authorities said on Monday, as worries grew over damage to the marine ecosystem. The tanker Sanchi (IMO:9356608) had been adrift and ablaze after crashing into the freighter CF Crystal (IMO:9497050) on Jan.
Explosion on Iranian Tanker Repels Rescue Team
Fire rages for 4th day; tanker collided with freight ship on Saturday. Rescue crews were forced to retreat from a stricken Iranian oil tanker in the East China Sea on Wednesday following an explosion on the ship as a fire raged for a fourth day after a dramatic collision. The blast happened on board the tanker in the afternoon after rescue crews were dousing the ship with foam in an attempt to put out the fire, China's Transport Ministry (MOT) said in a statement on Wednesday. The cause and damage to the tanker from the incident were not clear.
Wärtsilä Inks Maintenance Deal with GasLog
Wärtsilä said it has signed an engine maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement, effective as of October 1, 2017, consists of Dynamic Maintenance Planning (DMP), technical support, secured availability of spare parts and specialized technical personnel around the clock as well as constant performance monitoring. Wärtsilä's digital services enable remote troubleshooting and tuning of engines as well as software updates.
Another Milestone for RRS Sir David Attenborough Build
Rolls-Royce is marking another milestone on the journey toward the completion of Britain’s new polar research vessel the RRS Sir David Attenborough being built by Merseyside shipyard Cammell Laird. The last of the vessel’s Bergen B33:45 engines/gensets have been craned into the ship’s hull at Cammell Laird ready to be connected to the RRS Sir David Attenborough’s Rolls-Royce propulsion system. The nine cylinder engines are carefully installed in three separate pieces. The first part of the nine cylinder engine to be craned into place was its double resilient foundation.
VDL AEC Maritime to Reduce Ship Emissions
Following on from the electrification of heavy duty mobility in the form of cars, buses, automated guided vehicles and tractor units, VDL Groep intends to continue help reducing the emissions from means of transport. The family-owned international industrial business headquartered in Eindhoven will now be supplying systems for ships that comply with the latest international requirements on the emission of harmful substances. For this project, VDL has entered into a joint venture with AEC Maritime…
ABB’s Onboard DC Grid on Hybrid Wind Farm Vessel
ABB will optimize the safety and environmental credentials of a new Louis Dreyfus Armateurs wind farm Service Operation Vessel (SOV) by installing Onboard DC Grid power distribution to enable the cost-efficient integration of batteries. As an integral part of the power system, the Power and Energy Management System (PEMS) will ensure safe and efficient operation of the vessel. The hybrid system enables lean operation with fewer running generators without compromising on safety, meaning less maintenance and better fuel consumption over the long-term.
Cargo Ship Banned from Australian Ports
A Papua New Guinea-flagged cargo ship Kiunga Chief has been banned from entering or using Australian ports for three months after the ship was detained for a third time in less than 18 months due to the failure of its operators to safely and effectively manage the operations of the vessel. “Substandard ships will not be tolerated in Australia,” said Stephen Curry, acting general manager of operations at the Australian Maritime Safety Authority (AMSA). AMSA issued an official direction banning Kiunga Chief to the master in the Port of Brisbane, and the ship has now gone to an anchorage within the port to undergo an inspection by its class society before it continues its voyage. The three month ban will take effect once the vessel leaves the port.
A Hybrid Drive’s Digital Landscape
Hybrid drive and potential fuel savings are well known — from 10 to 30 percent, according to the sources we’ve written about over the years. Less known, is the potential need to purchase some sort of remote monitoring package to complement that diesel-electric or battery hybrid system from a system operator in order to secure the maximum safety benefits. As the count of system operators offering hybrid drives grows, so too, it seems, there’s continuous need to look at who they are and what they’re offering.
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…
Op/Ed: Shiphandlers Beware
Was the closing of the Houston Ship Channel for over three days in March 2015 due to the use of Ultra Low Sulphur Fuel Oil (ULSFO)? After reviewing the testimony, and evidentiary material presented by the National Transportation Safety Board (NTSB) regarding the 2015 Conti Peridot’s collision with the Carla Maersk, it is the authors' opinion the report fails to address significant contributing factors. The NTSB has overlooked a serious threat to vessel operations throughout the world.