SIPG, CMA CGM complete first LNG bunkering

Shipping and logistics firm CMA CGM Group and terminal operator Shanghai International Port (Group) Co., Ltd. (SIPG) on 15 March successfully conducted a liquefied natural gas (LNG) bunkering operation for CMA CGM SYMI at Yangshan Port. The 15,000 TEU LNG-powered containership received LNG bunker fuel from the new 20,000 m3 LNG bunkering vessel Haigang Weilai,

Fujairah faces more bunkering competition

The UAE’s Port of Fujairah, the world’s third-biggest bunkering hub, is facing increased competition to supply marine fuels in the region, with new entrants ranging from Saudi Arabia to Qatar and Egypt. Qatar has started supplying marine fuels for its own LNG fleet and is now probably the second-largest bunkering hub in the Middle East

Higher bunker prices to weigh on demand in Fujairah

Bunker suppliers in the world’s third largest bunkering hub Fujairah in the UAE are concerned rising oil prices are weighing on marine fuels demand at the port. A number of bunker suppliers in Fujairah said they were concerned that demand at the hub is declining as they see buyers considering taking smaller volumes of bunker

Bunker prices hit all-time highs

With Russian tanks entering eastern Ukraine, bunker prices have hit an all-time high. Back in the summer of 2008, a couple of months ahead of the collapse of Lehman Brothers and the global financial crisis, the average price for IFO 380 fuel, then the dominant shipping fuel, at the world’s top four bunkering hubs averaged

Wartsila, Solstad Offshore collaborate on fleet decarbonisation ambitions

In its efforts to reduce the carbon footprint of its 90 vessel fleet, Solstad Offshore has turned to the technology company Wartsila for collaboration. The aim is to achieve a 50 percent reduction in CO2 emissions by 2030. Partnership is seen as being key to finding the right solutions. The agreement aims to identify, evaluate,

Gazprom increases refueling of ships with environmentally friendly fuel

Russian oil major Gazprom Neft on Monday said it will increase supply of environmentally friendly marine fuel to Russian mining company Norilsk Nickel’s Arctic fleet by 30% to 80,000 tons per year. Throughout 2022, Gazpromneft Marine Bunker, operator of the Gazprom Neft’s bunkering business, will provide refueling for container ships, tankers and icebreakers of the

REG, Bunker Holding enter partnership to advance biodiesel use in marine markets

In Iowa, Bunker Holding Group, the world’s largest supplier and trader of marine fuels, and Renewable Energy Group, Inc., a leading global producer and supplier of renewable fuels, entered into a strategic global collaboration agreement to further develop the U.S. and EU marine markets for sustainable bio-based diesel. Partnering REG’s expertise in bio-based diesel with

Cummins unveils industry-first fuel-agnostic internal combustion powertrain solutions

Global power leader Cummins Inc. announced today that it is expanding its industry-leading powertrain platforms, leveraging a range of lower carbon fuel types. As the industry’s first unified, fuel-agnostic engines, these platforms will use engine blocks and core components that share common architectures and will be optimized for different low-carbon fuel types. “Getting to zero

Historic first bunker fueling for LNG-Fueled Newcastlemax

The first LNG-fueledNewcastlemax bulk carrier in an order of 13 ABS-Classed vessels for Eastern Pacific Shipping (EPS) has taken on its first load of LNG bunker fuel at Singapore. The 209,936 DWT dual-fuel vessel, Mount Tourmaline, was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd., China and delivered to EPS on January 28, 2022. “ABS is

Sri Lankan bunker suppliers rescind HSFO offers amid energy crunch

Suppliers at the port of Colombo have retracted offers for delivered 380 CST high sulfur fuel oil due to shortages of the bunker grade as local refineries direct the available product for power generation in a bid to stem Sri Lanka’s acute energy crisis, industry sources told S&P Global Platts. The country also is grappling