Heavy Fuel Oil News

The IMO Marine Environment Protection Committee MEPC 82 met from 30 September to 4 October 2024 and discussed a range of environmental matters, including proposed mid-term measures for the reduction of greenhouse gas (GHG) emissions from ships, enhancing energy efficiency of shipping, tackling marine litter, ballast water management and underwater noise reduction.Tackling climate change - cutting GHG emissions from shipsThe Committee made progress on the development of mid-term…

Speed will be of the essence as salvage crews attempt to stop fuel leaking from the sunken New Zealand naval ship off the coast of Samoa.The HMNZS Manawanui ran aground last weekend on a reef about one nautical mile off the south coast of Upolu, Samoa’s most populated island. The specialist dive and hydrographic vessel was on its third deployment, conducting a reef survey, when it caught fire and sank.The ship has come to rest at a depth of up to 150 metres, which means it may be relatively undisturbed even during storms.

Sustainability claims by MSC Cruises, including that it targets "net zero by 2050" do not meet standards, the Dutch advertising board found on Wednesday in one of the first decisions against a cruise operator following a greenwashing complaint.MSC, a privately held Swiss-Italian firm that is among the world's largest cruise operators, said in a reaction it welcomed some parts of the decision and had "already implemented most of the changes advised".Greenwashing entails a company giving a misleading impression of its environmental credentials.

Ships sailing through Arctic waters will no longer be able to use or carry heavy bunker fuel oil under a United Nations shipping agency regulation which took effect on Monday.Yet environmental groups say the ban does not go far enough in geographic scope or addressing dirty black carbon emissions from ships, which can darken white ice and speed up the melting wrought by climate change. The ban, adopted in 2021 by the UN's International Maritime Organization (IMO), aims to prevent…

Mitsubishi Shipbuilding has received orders from Toyofuji Shipping and Fukuju Shipping for Japan's first methanol-fueled roros.The two ships will be built at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with scheduled completion and delivery by the end of fiscal 2027.The ships will be approximately 169.9 meters in overall length and 30.2 meters in breadth, with 15,750 gross tonnage, and loading capacity for around 2,300 passenger vehicles.A windscreen at the bow and a vertical stem are used to reduce propulsion resistance…

A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions.For companies struggling to account for – and lower – the climate-warming emissions associated with their businesses, these rerouted journeys add to the challenge. Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers…

This week at Singapore Maritime Week, the U.S. Department of Energy (DOE) is advancing ambitious decarbonization targets for the maritime transportation sector, both domestically and internationally.DOE is teaming with over 15 government and industry partners in Singapore to foster partnerships and collaborate on clean energy solutions aimed at achieving net zero-emissions in the maritime sector by 2050. Domestically, DOE’s Office of Energy Efficiency and Renewable Energy (EERE) is joining with ABS to create opportunities for data and information sharing to strengthen U.S. shipping. The U.S.

Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.Fuel oil deliveries to the Gulf Coast dwindled in February to just 318,000 barrels per day (bpd), a 20% drop from the prior month and marking their lowest level since February 2019, data from tanker tracking firm, Kpler showed.Heavy fuel oil feedstocks like high sulfur fuel oil…

The IMO’s Sub-Committee on Pollution Prevention and Response (PPR 11) agreed new guidance on several key environmental issues.Meeting from February 19 to 23, 2024, the following guidance will now be submitted to the Marine Environment Protection Committee for approval this March (MEPC 81) and October (MEPC 82):• the safe transport of plastic pellets by sea• best practices for cutting black carbon emissions from ships operating in or near the Arctic• reducing risks of use and carriage…

The Golden Gate Yacht Club (GGYC) represented by BMW Oracle Racing and the Société Nautique de Genève (SNG), the Americas Cup defending champion, represented by Team Alinghi were entwined in a 2.5-year legal battle over multiple court cases, including hearings in the New York Supreme Court and the Appellate Division of the New York Supreme Court, prior to the 33rd edition of the race, due to take place in 2010.The parties disagreed about the location, format, and restrictions on boat design, all of which were changed by the courts prior to the race.

Built by Rauma Marine Constructions, in Rauma, Finland, and launched in 2021, the 150-meter-long Aurora Botnia boasts a long list of onboard equipment that help it to earn its “green” designation, a label that is confirmed via a Clean Design notation from classification society DNV. The ship is also compliant with the International Maritime Organization’s (IMO) 2030 greenhouse gas reduction target.Wasaline CEO Peter Ståhlberg describes Aurora Botnia as “a masterpiece of cooperation” and noted that the vessel is over 80% domestic made."I'm really proud of the Aurora Botnia.

"So far this year, container volumes have fallen nearly 2% year-on-year while average freight rates have declined, reaching 2019 levels in September. Since then, they have continued to fall. However, the cost to charter a ship remains 25% higher than in 2019,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has year-to-date grown 5% and 19% compared with 2022 and 2019 respectively.

As the world looks to renewable energy sources to combat climate change and reduce reliance on fossil fuels, offshore wind has emerged as a promising frontier in the United States. A report by the University of California Berkeley released in August concluded that due to the nation’s long coastlines with sustained winds in many areas and falling turbine costs, offshore wind could feasibly supply between 10% and 25% of the country’s energy demand by 2050.While that may paint a rosy picture of a cleaner…

BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW Gemini became the first very large gas carrier (VLGC) to have its low-speed main engine converted to an LPG dual-fuel engine. The project started several years earlier, sparked by Oslo-listed BW LPG’s preparations for the IMO’s 2020 Sulphur Cap regulations.Compared to heavy fuel oil, LPG reduces Sox emissions by approximately 97%…

Commercial maritime shipping has a fuel problem. While the industry has cemented its position as the essential piece of the global supply chain—moving more than 80% of all international goods by volume—its dependence on carbon-emitting fuel has come with a high cost.Maritime shipping is responsible for roughly 3% of all greenhouse gas emissions, according to the International Maritime Organization. The longer that ships continue to run on carbon-emitting fuel, the harder it will be to reach net zero emissions by 2050 and to prevent the worst damage predicted by climate scientists.

NYK will install a variable compression ratio system (VCR system) on two large LNG-fueled coal carriers to be built at Oshima Shipbuilding. The vessels are scheduled to be delivered by the end of 2025, and NYK reports this will be the first time for VCR systems to be installed on vessels, including existing vessels that use heavy fuel oil as their main fuel.The VCR system can adjust the air compression ratio in the engine combustion chamber to an optimal balance according to engine power and LNG fuel properties.

Spanish engineering and technology group Sener said Thursday it had completed the conceptual design of a new sustainable biofuel tanker aimed at supplying biofuels during bunkering operations, that is also capable of capturing CO2 from other vessels.The vessel would be able to carry heavy fuel oil (HFO), very low sulfur fuel oil (VLSFO), biofuels and marine gas oils (MGO), and also store the captured CO2 from nearby vessels."The new vessel has been designed to operate in compliance with the energy efficiency and emission reduction requirements of the International Maritime Organization (IMO).

A Joint Development Project (JDP) to evaluate the feasibility of converting a bulk vessel to methanol fuel propulsion was signed by Berge Bulk CEO James Marshall and ABS Vice President of Global Sustainability Panos Koutsourakis.Per the agreement, the team will examine the possibility of retrofitting the 300-m, 210,000-dwt heavy fuel oil propelled bulk carrier Berge Mauna Kea to operate on methanol fuel. The six-month study is already underway.“Retrofitting alternative fuel capability to the global fleet is going to be critical if we are to achieve our sustainability goals.

“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase in coming years as 17% of ships in the shipyards’ order books are expected to have a scrubber installed,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Since January 1, 2020, ships have had to use ultra or low sulphur fuel (eg ULSFO or VLSFO) to comply with limits for sulphur emissions.

Sailing cargo ships are making a genuine comeback.Japanese bulk carrier MOL is operating a wind-assisted ship. American food giant Cargill is working with Olympic sailor Ben Ainslie to deploy WindWings on its routes. Swedish shipping company Wallenius is aiming for Oceanbird to cut emissions by up to 90%. The French start-up Zephyr & Borée has built the Canopée, which will transport parts of European Space Agency’s Ariane 6 rocket this year.I researched the decarbonisation of the shipping industry.

Houlder, the design and engineering consultancy, is collaborating with Blue Sea Power, an integrated energy solution provider as a gas-to-power company based in Athens, to develop three innovative floating LNG-to-power barges (FSRPs).According to the partners, the FSRP barges, which are set to be operational by 2025, will efficiently provide greener, lower emission baseload and peak power to the non-interconnected islands of Kos, Chios, and Lesvos. This power will be used when existing renewable solar and wind energy utilization reaches its technical limits.

Malmö, Sweden-based Chris-Marine is long-tenured in the business of keeping engines running smoothly, efficiently. Led by its energetic young CEO Jens Groth, this 60-year-old- company finds itself in transition: firmly rooted in its traditional business of creating the tools and technique to keep commercial ship engines running smoothly, but at the same time transitioning its revenue to include services, particularly as ships at sea increasingly run with fewer, less experienced crew.

International trade by sea has long been a key part of the world economy and approximately 90% of traded commodities is reliant on shipping. Once wind-propelled in the days of sail, the current generation of ships now heavily rely on fossil fuels. Fossil fuel propulsion contributes to global warming with carbon emissions approximating 940 MtCO2e per year and also has health implications for communities surrounding ports through the release of air pollutants. The environmental impact of fossil-fuelled engines is further compounded by their use in port infrastructure…