Singapore Bunker sales volume increase by 2.5% on year in October

Marine fuel sales at Singapore port increased by 2.5% on year during October 2021, according to Maritime and Port Authority of Singapore (MPA) data. In total, 4.25 million metric tonnes (mt) (exact 4,254,700 mt) of various marine fuels were sold at the world’s largest bunkering port in October, an increase from 4.15 million mt (4,152,400

Biomethanol price not conducive to bunkering

Shipowners switching to biomethanol as a marine fuel to curb CO2 emissions would face higher bunker bills at today’s prices, even after accounting for the added cost of CO2 life cycle emissions from very low-sulphur fuel oil (VLSFO). Marine fuels sale and consumption are not subject to greenhouse gas restrictions or fees, but the EU

How much is spent supporting fossil fuels and green energy?

World leaders agreed to phase-out “inefficient” subsidies for fossil fuels at the COP26 climate summit in Glasgow.  Despite pledges to limit support, governments around the world spend more than $420bn (£313bn) each year subsidising the non-renewable energy, according to the UN Development Programme. How do fossil fuel subsidies work and which countries are spending the

Why India is the worst polluter of sulphur dioxide?

India is kicking the can down the road on sulphur dioxide emissions despite being the world’s biggest emitter of the pollutant, according to an expert. Despite Boris Johnson declaring the world was at “one minute to midnight” on climate change at COP 26 climate summit, power plants in India are repeatedly being given extensions after

Raizen, Shell to supply second-generation ethanol to Ferrari F-1 team

Brazilian energy company Raizen SA and its shareholder Royal Dutch Shell Plc (RDSa.L) signed an agreement with the Ferrari Formula 1 team to supply second-generation, high-performance ethanol from next year, when the main motor racing category will begin using 10% ethanol blend in gasoline. Source: Reuters Tags: Biofuels, Ethanol, Ferrari F-1 team

Indian Oil and NTPC ink deal to collaborate on green energy

State-run Indian Oil Corporation and NTPC have signed an agreement for collaborating on renewable energy. “IndianOil and NTPC have come together for the generation and storage of renewable energy or other cleaner forms of energy, including gas-based power, primarily to cater for IndianOil Refineries or other installations,” the companies said in a joint statement. Source:

Launch of first VLSFO supply in Mozambique

Mozambique Civitas Logistics, part of the Civitas Partners Group (CPG), is now offering very low sulphur fuel oil (VLSFO) at the Port of Nacala after the discharge of the fuel, supplied by Shell from Singapore, into its floating storage unit, Deniz Sultan, on 7 November. CPG will supply VLSFO in the Nacala area from the

Beijing allocates extra 1 mn mt bunker fuel export quota to Sinopec, PetroChina, CNOOC

China’s Ministry of Commerce this week allocated an additional 1 million mt of quotas to Sinopec, PetroChina and CNOOC to export their domestically produced bunker fuel oil for bonded bunkering at China’s ports in 2021, sources with knowledge of the matter said. Meanwhile, the ministry has also approved Sinochem to transfer 230,000 mt of its

Ethanol industry mission offers fuel market support in Brazil

A delegation from the U.S. ethanol industry recently met with Brazilian government and private sector officials to learn more about the current dynamics of the Brazilian fuel market and its ethanol production and to offer support for the country’s effort to reduce the impact of high fuel prices on consumers. During the week of Oct.

Elenger’s optimus LNG bunker vessel up and running

Elenger’s 6,000 cbm-capacity LNG bunker vessel, Optimus, has conducted its first refuelling operation – bunkering Tallink’s shuttle ferry, Megastar. As previously reported, Elenger took delivery of the vessel, which was built at Damen Shipyards Yichang, last month. The LNG bunker operation also represented the first refuelling of its kind in Estonia. ‘Ship-to-ship bunkering of LNG