Singapore Marine Fuel Sales Drop
Singapore marine fuel sales fell to their lowest in 20 months in February, official data showed on Friday. Volumes at the world's top bunker hub totalled 4.15 million metric tons, down 7.1% month on month and sliding 8.1% year on year, data from Maritime and Port Authority of Singapore (MPA) showed.Weak demand has weighed on the market since the start of the year, dragging premiums down, trade sources said. Vessel calls for bunkering fell by 14.1% from the prior month to 3,075, hitting two-year lows, data showed.
Efen, Wilson Sons, Port of Açu partner on HVO testing in Brazil
This month, Wilson Sons received approval from ANP to conduct the first tests on using HVO (Hydrotreated Vegetable Oil) in the Brazilian maritime sector, with efen and Port of Açu as partners.To replace marine diesel oil, efen will import HVO, also known as renewable diesel or green diesel, to be tested on Wilson Sons' tugs in the Port of Açu, in São João da Barra (Rio de Janeiro). The liquid handling operation will be conducted at the Açu Liquid Bulk Terminal (TLA), owned by Vast Infraestrutura.“After the testing period, we expect to expand the distribution of HVO to Platform Supply Vessels (PSVs) and other offshore support vessels in the Port of Açu…
Record Year for Alternative-Fueled Vessel Order with LNG at Forefront, DNV Finds
The 2024 represented an unprecedented year for maritime industry when it comes to orders for alternative-fueled vessels, driven mainly by liquefied natural gas (LNG), according to the latest data from DNV’s Alternative Fuels Insights (AFI) platform.A total of 515 alternative-fueled such ships were ordered, excluding LNG carriers, representing a 38% year-on-year increase compared to 2023, underscoring the industry's growing commitment to decarbonization.The growth in alternative…
Maritime Propulsion Choices Begin with Fuel, End with Politics
The maritime industry’s elusive quest to achieve so-called ‘zero’ emissions continues. Where it ends is not a one-size-fits-all discussion.The year-end maritime industry discussions tend to move away from global influence and back drift to national and domestic debates. As this happens, a positioning of a relatively small group of American owners and operators prepare for the upcoming business year and markets. The propulsion debate continues to be future fuels based upon sustainability and climate change.
A Well-to-Wake-Up Call
This week at MarineLink…An Australian Prime Minister once famously (infamously) said: “Life wasn’t meant to be easy.”He could have been talking about the maze of IMO and EU regulations relating to new fuels, especially the concept of well-to-wake emissions.It’s not enough to have a clean-burning engine or even an onboard carbon capture system. Well-to-take emissions, upstream and out of the control of ship operators, will have to be factored in.This week, MarineLink reported that a CMA-CGM vessel bunkered bio-LNG in Rotterdam…
N-O-S Focuses on Crew Comfort with CTV Newbuild
As global offshore markets evolve to create a more sustainable future, rising up to meet these challenges is Sweden-based Northern Offshore Services. Offshore engineers won’t be the only beneficiary – but they might be the most important. In August, Northern Offshore Services (N-O-S) unveiled its unique I-Class Crew Transfer Vessel (CTV), powered by the first commercial application of Volvo Penta’s IPS Professional Platform. In the cutting-edge IMPRESSER, N-O-S designed a flexible…
Navtor Touts "Compliance without Complexity"
The regulatory landscape is about to get a whole lot more complicated, with the advent of FuelEU Maritime from January 1, 2025. This ambitious framework, focusing on the ‘well-to-wake’ GHG intensity of vessels trading within Europe, laughs in the face of traditional methods of calculating and tracking emissions, making Excel sheets strictly yesterday’s news. However, argues NAVTOR’s Director of Performance Jacob Clausen, there may be a simple way to voyage to compliance.The easy way to achieve FuelEU Maritime compliance for your fleet is simple.
Consort Bunkers, ClassNK, Yanmar and Taiko ink MOU on Alternative Fuel Bunkering
Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding (MOU) to accelerate towards introduction of more bunkering ships capable of handling alternative fuels.Singapore-based Consort Bunkers placed an order with COSCO SHIPPING Heavy Industry (Guandong) Co.,Ltd. to construct four 7,999 DWT IMO Type 2 tankers, ready for biofuel and methanol bunkering. Incorporating their previous orders, a total of 13 biofuel/methanol bunkering tankers totaling over 90,000 DWT will join Consort’s fleet. ClassNK has been providing surveys and audits, Yanmar Asia has been providing main engines and generator engines…
Amogy Issued Feasibility Statement by Lloyd’s Register
Ammonia power solutions company Amogy informs it has been awarded a feasibility statement by classification society Lloyd’s Register (LR).Amogy has developed an ammonia-to-electrical power system that splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, which then funnels the hydrogen into a fuel cell, generating power at five times the energy density of lithium batteries.The feasibility statement from LR serves as the official approval of Amogy’s Technology Qualification Plan (TQP)…
