Sumitomo Plans Ammonia Launch by 2025 for Bulker and Singapore Bunkers

Japan’s Sumitomo Corporation announced several new initiatives designed to further support the adoption of ammonia for maritime and other industries. The company plans to launch an ammonia-fueled dry bulk vessel within the next four years. They also plan to accelerate development efforts in Singapore through a partnership with Keppel FELS, a subsidiary of Keppel Offshore

LNG bunker fuels are only transitionary: Will hydrogen take over in the long run?

LNG bunker fuels are gaining traction as a way to reduce emissions “right here and right now” among many members of the shipping community. However, it’s only ever going to be a bridging fuel. In its latest weekly report, Gibson said that “the world is changing rapidly around us. One thing that has significantly changed

Power demand limits Japan’s bunker fuel availability

Japan’s marine fuel availability has been tight since early November as Japanese refiners prioritise fuel oil supply requests from the domestic power sector in preparation for peak winter electricity demand. Japanese refiner Eneos has received 2½ times more fuel oil delivery enquiries from Japanese power firms compared with a year earlier, while the company’s supply

GAC to market neutral fuels’ marine gasoil biodiesel blend

GAC Group Bunker Fuels has signed a Memorandum of Understanding (MoU) with Dubai-based Neutral Fuels to market its marine gasoil biodiesel blend which has been developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar and India. Neutral Fuels said the companies will also work together to expand the number of supply

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

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

Europe, Africa Bunker Fuel Availability Outlook

Bunker fuel oils are tight for prompt dates with several suppliers in Rotterdam, while ships face bunkering delays from weather suspensions in Malta and Algoa Bay. Longer lead times should be considered for HSFO380 stems in Rotterdam after supply tightened last week. Prompt product is more difficult to source, especially for larger quantities. Backwardation in