Vegetable Oil News

17 Sep 2019

LNG - Most Viable Alternative Fuel

Pic: SEA\LNG

SEA\LNG,  a multi-sector industry coalition, created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, said that LNG is the most commercially viable alternative fuel for shipping today.SEA\LNG released the findings of a new alternative fuels study today, which finds that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.The study was conducted by Norway-based alternative…

08 Apr 2019

Tsuneishi Delivers First LRI Tanker

Image: Tsuneishi Shipbuilding Co

Tsuneishi Shipbuilding Co, ship repair and manufacturing company in Japan, has delivered its first long-range-one (LRI) (77,000 DWT) Product/Chemical Tanker."This first ship was constructed at Tsuineishi Group (Zhoushan) Shipbuilding, Inc., the Group’s shipbuilding site in China," said a press statement.The new LRI Product/Chemical Tanker was built to address the rising global demand for petroleum and chemical products.It fulfills the requirements of MR Product/Chemical Tankers that are used mainly to transport such products…

13 Feb 2019

MOL, Den Hartogh Form Chemical Logistics Alliance

Pic: MOL Chemical Tankers

Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals.MOL Chemical Tankers is one of the global leaders in ocean transport, specializing in chemical parcel tankers for bulk liquid chemicals and vegetable oil and animal fats.As strategic partners MOLCT and Den Hartogh Logistics offer their customers in the petrochemical industry truly global supply chain solutions…

27 Oct 2018

Maritime's Push Toward "Net Zero Carbon"

IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News. He predicted that shipping could experience as much change in the next 10 to 20 years as it has in the last 100 years, as the industry races to meet a number of challenges…

11 Oct 2018

Stena Bulk Forms Chemical Tanker JV with Bay Crest Management

GSW Frontier (Photo: Stena Bulk)

Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers.The new joint venture, GSB Tankers, will commence operation on January 1, 2019, managing 18 chemical tankers to start, with the aim of managing 30 vessels within the next two years.The joint venture will operate out of the existing premises of Golden-Agri Stena.

13 Sep 2018

GoodShipping Program Becomes First Fossil-Free Sea Cargo Transportation

Image: The GoodShipping Program 2018

The GoodShipping Program, which claims to be the world’s first global initiative established to decarbonise shipping through the use of sustainable low carbon marine fuels, has announced that five pioneering shippers are the first to save CO2 emissions through the scheme.The delivery of advanced, sustainable marine fuel by GoodFuels Marine means that the shippers participating in the inaugural program – Tony’s Chocolonely, Dopper, Blygold, Magic Marine and Mystic – collectively reduced their carbon footprint by over 40 tons."In collaboration with our partners GoodFuels Marine and Samskip…

12 Apr 2018

Russia's Aston to Build 4 New Ships

Photo: Aston

The JSC Aston, one of Russia's largest producers of foodstuffs and ingredients, and is a leading exporter of agricultural goods and vegetable oils, has signed the contracts with two Chinese shipyards for a construction of 4 ships. Addressing the unnamed Chinese shipbuilders Vadim Vikulov has mentioned the following: "The long way begins always with a first step. I am proud that we have done it. A press release stated that  out of the series of 10 modern ships Aston planned, these four will be with a dead weight of 8000 ton — that is the maximal limit to enter the Don ports.

15 Feb 2018

Kolkata Port, Hooghly Pact for Liquid Cargo Terminal

Photo: Kolkata Port Trust

The Kolkata Port Trust (KoPT) has signed a concession agreement with Hooghly Oil & Gas Terminal to establish a liquid cargo handling terminal at Shalukhali in Haldia. The terminal will facilitate the movement of petroleum cargo such as LNG, LPG as well as vegetable oil. It is expected to develop over the next three years. The project will help reduce pre-berthing detention and turnaround time of tankers carrying different liquid cargo, leading to a reduction in logistics costs to trade.

11 Feb 2018

Salalah Port Expanding Services for 2018

Photo: Port of Salalah

The Port of Salalah completed its first ship to ship transfer operation (STST) at Salalah anchorage recently as part of the port’s expanding service offering in 2018. . The new service was performed by Fendercare Marine which transferred vegetable oil between the vessels NCC Nasma to Ariana while both were in the harbor anchorage. Port of Salalah CEO Andrew Dawes said “Our vision is to make our customer’s supply chains work better, more efficiently and safer. Our new offering of ship to ship transfer of bulk liquids is designed to serve the regional market and Africa’s economic demand.

09 Nov 2017

Better Outlook for Chemical Tankers

Photo: Drewry Shipping Consultants Limited.

Subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018 is expected to support a recovery in the chemical shipping market, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Drewry estimates that tonne-mile demand of chemical commodities will grow at 3.8% on a year-on-year basis in 2017, of which the organic trade is likely to grow only at 1.5%. By contrast, inorganic and vegoil tonne-miles are expected to increase by 6.3% and 6.5%.

23 Aug 2017

Double Naming Ceremony for Stena Bulk at GSI

Stena Imperator with her sister Stena Imprimis side by side (Photo: Stena Bulk)

Two newly built vessels owned by Stena Bulk, Stena Imperator and sister ship Stena Imprimis, were named side by side at the Chinese shipyard Guangzhou Shipbuilding International (GSI) in Guangzhou in southeast China. The two godmothers – for the Stena Imperator, Ylva Syrén Carlsson and for the Stena Imprimis, Denise Baum – wished the vessels, their captains and crews fortune and prosperity on the seven seas and swung the bottles of champagne against the tankers’ bows. The two vessels are numbers 11 and 12 in a series of 13 IMOIIMAX tankers ordered by Stena Bulk…

29 Jun 2017

MR Tanker Stena Impeccable Named in Rotterdam

Henk Roskamp, Managing Director RVB Shipbrokers, Frank Verbunt, Spouse to Godmother, Godmother Trijntje Margaretha Oosters of RVB Shipbrokers, Johnny Schmolker, Deputy Managing Director Stena Weco, Master of Stena Impeccable Vinay Singh, Erik HĂĄnell, President & CEO Stena Bulk. (Photographer: Silverbullet)

The latest IMOIIMAX tanker to be delivered, Stena Impeccable, was officially named during a ceremony in the Port of Rotterdam. The vessel’s godmother was Trintje Margaretha Oosters, from Dutch RVB Company with which Stena Bulk and Stena Weco have a long-lasting relationship. The Stena Impeccable was delivered at the beginning of March this year after which she sailed from China to Australia with a cargo of caustic soda. She then sailed with a cargo of vegetable oil from New Guinea via Singapore and the Suez Canal to Rotterdam.

30 May 2017

Volvo Penta Rolls Out IMO Tier III Concept

Image: Volvo Penta

Volvo Penta’s new IMO Tier III concept was revealed for the marine sector at the Nor-Shipping international exhibition and conference in Norway, ahead of further regulations coming into force in Europe. Volvo Penta is launching a new engine and aftertreatment concept to comply with the forthcoming implementation of IMO Tier III standards, enabling a global solution for commercial marine operators. The solution is based on both the company’s own experience along with expertise from the Volvo Group in leading selective catalytic reduction (SCR) technology…

01 Mar 2017

Port of Vancouver Rides High on Grain Exports

Photo: Port of Vancouver

Though overall cargo volume through the Port of Vancouver in 2016 decreased 1.8 percent to 136 million metric tons from 2015, sectors experiencing declines were offset by others that hit new records, including the bulk grain sector, according to the Vancouver Fraser Port Authority released its 2016 year-end statistics. “One of our biggest strengths has been, and continues to be, the port’s ability to accommodate the most diversified range of cargo of any port in North America,” said Robin Silvester, president and chief executive officer of the Vancouver Fraser Port Authority.

06 Dec 2016

Fuel Talk: Greener Ships 'Abandoned'

Push Back: Leaders citing limited returns for “green-fuels” investments include (from left): Håvard Ulstein, MD, Island Offshore; Karsten Sævik, CEO, Remøy Shipping; and Ståle Kyrkjedelen, Norway’s Operations Manager, Bourbon Offshore. (Photo: William Stoichevski)

In the immortal words of one Kermit the Frog, “it’s not easy being green.” Nor inexpensive. Offshore ship owners managing the demand “fallout” of the past year and navigating myriad environmental strictures say their leap of faith toward greener fuels has taken its toll. The idealism of a decade ago has eroded, they say, in the face of lost offshore business, especially long-term contracts. Oil company clients that once insisted on high-spec, “green” vessels haven’t renewed contracts for those ships.

28 Oct 2016

Cargo Commitments for Multimodal Terminal at Haldia

Photo: Haldia International Container Terminal

The Inland Waterways Authority of India (IWAI) has received a commitment for transport of 5.92 million tons (MTs) of cargo volume per annum through the Multimodal Terminal at Haldia by the year 2018. This follows a series of consultations IWAI held at Haldia with various industries, firms, shipping lines, cargo operators, shippers and manufacturers. The main items for which commitments have been received are fly-ash, edible oil, vegetable oil, gypsum, etc. Fly-ash is expected to be the major cargo with a commitment of 3.8 MT followed by vegetable oil (0.63 MT), cement (0.36 MT), among others.

30 Jun 2016

Tanker Allision on the Piscataqua River

The U.S. Coast Guard says it is continuing to monitor the condition of the chemical tanker Chem Venus, after it allided with three unoccupied, moored sailboats Wednesday afternoon at the mouth of the Piscataqua River near Portsmouth, N.H. and Kittery, Maine. It was determined by Coast Guard vessel inspectors on board that the Panamanian flagged chemical tanker sustained bow damage that caused the ship to take on water. The rate of flooding has been stabilized and is being monitored by the Coast Guard and the Chem Venus crew. Despite the damage no pollution has been reported, and the Chem Venus remains safely anchored outside of the Piscataqua River, the Coast Guard said. The vessel was carrying used vegetable oil and a variety of other industrial chemicals.

15 Apr 2015

GPA Container Traffic Leaps Nearly 28%

GPA photo / Stephen B. Morton

The Georgia Ports Authority increased containerized cargo in March by 27.8 percent compared to the same month a year ago, for an additional 72,499 twenty-foot equivalent container units (TEUs). For the first time ever, the Port of Savannah moved 333,058 TEUs in a single month, surpassing its previous monthly record set in October 2014 by more than 21,000 TEUs. "We are moving record volumes while maintaining excellent service levels for our customers," said GPA Executive Director Curtis Foltz.

14 Nov 2014

Eni CEO Addresses Porto Marghera Deal

Claudio Descalzi (Photo: Eni)

Eni CEO Claudio Descalzi issued a statement on the agreement for Porto Marghera signed today in Rome at the Ministry of Economic Development. “The agreement signed today is an important milestone for the future of Porto Marghera and reflects Eni's commitment to restructure its industrial activities in Italy through technological innovation and environmental sustainability. Like in the recent agreement for Gela, and before that for the bio-refinery at Porto Marghera and at the bio-chemical plants at Porto Torres…

25 Aug 2014

Coast Guard, Stakeholders to Meet Disabled Tanker in San Francisco Bay

The U.S. Coast Guard, along with several federal, state and local partner agencies, have formed a safety and assessment team with the owners of the disabled tanker Pine Galaxy to ensure the safety of the ship's crew and finalize plans for the ship to be brought into the port of San Francisco for repairs. The 485-foot Bahamian registered ship experienced an engine room fire on Aug. 13 that resulted in the death of one crew member and the loss of electrical power and propulsion. The ship, a mixed-product carrier, is currently being towed toward San Francisco with a varying arrival time based on weather conditions and the speed of the tow. Cargoes include neutral oil, tetramer, propylene tetramer and vegetable oil.

24 Aug 2014

San Francisco Port Prepares for Disabled Tankship Arrival

Tanker 'Pine Galaxy': Photo in public domain

The U.S. Coast Guard informs that along with several federal, state and local partner agencies, it has formed a safety and assessment team with the owners of the disabled tanker 'Pine Galaxy' to ensure the safety of the ship’s crew and finalize plans for the ship to be brought into the Port of San Francisco for repairs. The 485-foot Bahamian registered ship experienced an engine room fire on Aug. 13 that resulted in the death of one crew member and the loss of electrical power and propulsion.

14 Aug 2014

Rolls-Royce VP Shares His Views on Alternative Fuels

Oskar Levander

Experts predict the internal combustion engine will not lose its dominant position any time soon, but developing engines to meet ever tighter emission limits is costly. So what role are alternative fuels likely to play in the future? Oskar Levander, VP Innovation, Engineering and Technology at Rolls-Royce Marine shares his views. Although nobody can predict how long our oil reserves will last, we can forecast with certainty that demand for it, and with it the price, will continue to stay high. For vessel operators fuel now makes up an increasing proportion of costs.

06 Aug 2014

Russian Grain Exporter to Sell Ukraine Terminal

Yug Rusi, a Russian grain exporter and sunflower oil producer, is seeking to sell its terminal at Ukraine's Kherson port, two traders told Reuters. The privately held company, whose name means South of Russia, declined to comment. One source said that the terminal is a small one that can load vessels with up to 10,000 tonnes of vegetable oil or up to 15,000 tonnes of grain. Russian companies are expected to try and exit Ukrainian investments as relations between the countries have become increasingly strained after Russia annexed Crimea from Ukraine in March. "It does not look good for the time being, being Russian and having assets in Ukraine," one of the sources said.

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

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