Glencore's Shipoil to Digitalize IMO 2020 Ops
The Greece-based global bunker fuel and marine lubricants trader Shipoil has appointed Inatech, a unit of Glencore, to digitalize its trading and supply operations as part of a strategy to prevent new low-sulphur emissions rules from 2020 eating into profits.Shipoil offers worldwide bunker supply. The company, based in Piraeus, has been expanding its operations, most recently in the Mediterranean and Middle East.Inatech’s energy trading and risk management (ETRM) system for the bunker industry uses cloud-based computing to reduce operational and counterparty risk…
Research: Ammonia as Marine Fuel Feasible
According to research by C-Job Naval Architects, Ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions in the maritime industry.The research uses a new concept design, an ammonia carrier fueled by its own cargo, to study the concept of using ammonia as a marine fuel and achieve a significant reduction in greenhouse gas emissions in shipping. It shows ammonia can be used as marine fuel if a number of safety measures are included in the design.
Exxon: HSFO Demand to Decline 25%
Exxon Mobil Corp expects high-sulphur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations kick in next year, a top-level official at the U.S. oil and gas company said on Monday.A new 0.5 percent sulphur content cap in shipping fuel set by the International Maritime Organisation (IMO) will come into effect in 2020.The International Energy Agency has forecast high-sulphur fuel oil demand to fall 60 percent next year, while marine gasoil demand to more…
Spliethoff Gets Green Loan From ING, EIB
Dutch banking group ING and the European Investment Bank said they will provide a EUR 110 million ($123 million) loan to Dutch ship management firm Spliethoff’s Bevrachtingskantoor B.V. for retrofitting vessels with exhaust gas cleaning systems.According to a European Commission press release, Spliethoff will use the loan to retrofit 42 of its vessels with exhaust gas cleaning systems and ballast water management systems.The loan is part of the ING and EIB EUR300mln Green Shipping partnership signed in 2018…
MSC Secures Scrubber Loan For 86 Vessels
Container shipping giant Mediterranean Shipping Company (MSC) has secured a USD 439 million financing to fit 86 exhaust gas cleaning system (EGCS) or scrubbers to its fleet.BNP Paribas (BNPP) was the co-ordinating bank and agent on the agreement, together with a syndicate of four other banks as lenders, said the law company Watson Farley & Williams (WFW).The SINOSURE-backed loan would be used to finance the manufacturing and installation of the scrubbers on board 86 container ships owned by the MSC group in light of the implementation of the International Maritime Organisation’s low sulphur c
'World's First' Zero Emission Marine Biofuel Test Successful
Netherlands-based supplier of sustainable low carbon marine fuels GoodFuels Marine in conjunction with bulker and tanker owner and operator NORDEN A/S, has successfully completed trials of the world’s first zero emission, ‘drop in’ Heavy Fuel Oil (HFO)-equivalent marine biofuel – almost entirely reducing all carbon and sulphur emissions.A press release from the pioneer in sustainable marine fuels said that the culmination of three years extensive research and development with partners including Royal Dutch Boskalis and technology group Wärtsilä…
Hapag-Lloyd to Unveil Plan for 2020 Fuel Regs in 2018
German shipping company Hapag-Lloyd plans to give details within three to six months on compliance with tighter shipping fuel regulations that will kick in from 2020, its chief executive Rolf Habben Jansen said on Wednesday. The International Maritime Organisation (IMO) has ruled that heavily polluting high sulphur fuel will be banned for parts of the global industry from that date. Habben Jansen told an investor and analyst call there were three options to cut emissions - more expensive low sulphur fuel, so-called scrubbing or using liquefied natural gas (LNG).
IMO Rules a Cliffhanger for Oil Storage -Vitol's Chris Bake
Vitol executive committee member Chris Bake says a big question facing oil storage sector is how world handles new International Maritime Organisation rules for cleaner shipping. New IMO rules to slash the use of high sulphur fuel oil in global shipping will come into effect in 2020. "It's going to be more and more difficult to burn that fuel oil with more economies going to natural gas for power," he said. "(Lower sulphur) marine gasoil has to build ahead of 2020. At the same…
European Shipowners Discuss Emissions Reductions
In the European Shipowners’ seminar on CO2 reductions in the shipping industry one message was clear: in order to achieve CO2 reductions across the world merchant fleet, a combination of different measures is needed. “In our seminar this week, we discussed with our stakeholders and European decision-makers different measures that enable to minimise the environmental impact of the shipping sector. In one analysis, the measures were divided in categories including the Technical and operational measures…
First Ship with IMO Tier III EIAPP Engines Launched
The launch of the L’Astrolabe, a 72 metre polar logistics vessel fitted with a complete Wärtsilä propulsion machinery package and Wärtsilä NOR (NOx Reducer) SCR (Selective Catalytic Reduction) exhaust gas cleaning systems for all the main engines, took place on July 12. This is the first vessel operating with the International Maritime Organisation’s IMO Tier III EIAPP (Engine International Air Pollution Prevention) certified Wärtsilä diesel engines. The ship was built by PIRIOU (France) for the French Southern and Antarctic Lands Administration.
Royston Diesel Power Wins UK Support
UK-based Royston Diesel Power has secured funding support from Innovate UK, the UK’s innovation agency, for its flagship $2.2 million Managing Energy on Marine Vessels technology program. The program aims to develop a new system for whole-vessel energy monitoring and usage, ensuring on board systems are operating at optimum performance and within environmental best practice. The project is being conducted in collaboration with Newcastle University’s School of Marine Science &…
Rolls-Royce LNG Engines Reach 25 Million Operating Hours
Rolls-Royce engines powered solely by liquefied natural gas (LNG) have completed 25 million hours of operation on land and at sea, since their introduction in 1991. More than 650 Bergen lean burn gas engines are in service today, with a power output up to 9,600kW. The engines are used for a variety of applications ranging from powering ferries, cargo ships and tugs to a wide range of land-based power generation throughout the world. Dr. Mikael Makinen, Rolls-Royce President Marine, added, “Achieving 25 million running hours in almost 25 years is something we’re extremely proud of.
Bestobell Reports Headway in Chinese Market
Bestobell Marine has secured two new contracts with Chinese shipyards. The first contract will see the company supply cryogenic valves to the Guangzhou Shipyard International, China for use in a new ferry’s LNG fuel gas system. The second contract involves Bestobell Marine producing its small cryogenic miniature needle globe valves for the Hudong shipyard in Shanghai, where they will be installed on four 174K Liquefied Natural Gas (LNG) Carriers. It is the first time Bestobell Marine’s cryogenic valves will be fitted within a fuel gas system for a Chinese-built project…
Low Sulphur Fuel Requirements from 1 Jan
Ships trading in designated emission control areas will have to use on board fuel oil with a sulphur content of no more than 0.10% from 1 January 2015, against the limit of 1.00% in effect up until 31 December 2014. The stricter rules come into effect under the International Convention for the Prevention of Pollution form ships (MARPOL) Annex VI (Regulations for the Prevention of Air Pollution from Ships), specifically under regulation 14, which covers emissions of Sulphur Oxides (SOx) and particulate matter from ships.
WPCI Launches Website Focused on LNG as shipping Fuel
The website www.lngbunkering.org is launched that features Liquefied Natural Gas (LNG) as a shipping fuel. The website is an initiative of the World Ports Climate Initiative (WPCI) LNG Fuelled Vessels Working Group under the auspices of the independent, non-profit International Association of Ports and Harbours (IAPH). The website provides a detailed overview of the use of LNG as ship fuel and illustrates the technical requirements for ships, bunkering infrastructure, vessels under development, and the business case.
Study: Big Savings from Emissions Monitoring
Ship owners could save up to €9m with advanced emissions monitoring. Advanced emissions monitoring of large ships calling at EU ports could help save owners and operators of large ships up to €9 million/year, according to a new study published by sustainable transport group T&E. These savings would come from lower operational costs of using automated systems such as fuel flow meters or continuous emissions monitoring, which are already used by many of the world’s largest shipping companies.
New LNG Bunker Fuel Technical & Safety NGO Formed
The Society For Gas as a Marine Fuel (SGMF) is launched as new Non-Governmental Organisation to enhance safety and best practices in the use of LNG as a ship fuel. Following a decision to proceed by the Board of Directors of the Society of International Gas Tanker and Terminal Operators (SIGTTO) at its spring meeting in Houston, the Society for Gas as a Marine Fuel (SGMF) is to be established as a new non-governmental organisation (NGO). “The use of LNG as a marine fuel presents a major challenge for the shipping industry over the coming years,” states Luc Gillet, SIGTTO President.
NGO's Condemn IMO Environmental Implementation Delays
The International Maritime Organisation (IMO) today decided to postpone the entry into force of nitrogen oxide (NOx) emissions limits for ship engines from 2016 to 2021. Environmental NGOs Transport & Environment (T&E) and Seas at Risk, founding members of the IMO observer organisation Clean Shipping Coalition, condemn IMO’s decision and now call on the EU to adopt its own NOx limits for cleaner air. The decision taken at a meeting in London of the IMO working group reviewing MARPOL Annex VI …