MTF evaluates alternative fuels’ readiness and adoption

The Maritime Technologies Forum (MTF) has unveiled an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers, accompanied by an assessment of the maturity and readiness of various alternative fuels. The updated report expands on the November 2022 heatmap and includes an evaluation of eight fuels: fossil LNG, fossil MGO combined with carbon capture

GS Caltex sells its first bio-marine gasoil bunker

GS Caltex Singapore Pte Ltd said it has sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading (MOT) at the world’s largest bunker hub Singapore as it seeks to expand into lower carbon fuels. The sale by the Singapore-based trading arm of South Korea’s second-largest refiner is part of GS Caltex’s plans

KR approves methanol MR tanker

As part of the Joint Development Project (JDP) between the three companies, the MR tanker is designed as a dual-fuel vessel, harnessing the power of marine gas oil (MGO) and methanol.

Biofuel bunkering trials completed

TotalEnergies Marine Fuels has completed its first biofuel bunkering trials in France together with compatriot ferry operator Corsica Ferries. During this test carried out in the Port of Toulon, 100 tonnes of biofuel, made up of diesel fuel (MGO) and 30% of biofuel produced from cooking oil were delivered to Mega Express, a 26,000-ton RoRo

Fjord Line rebuilds LNG ships to use MGO

Citing the high cost of LNG, Norwegian ferry operator Fjord Line announced that it is rebuilding its two LGN-fueled passenger ferries for dual-fuel operations. While much of the shipping industry is moving toward LNG for its reduced greenhouse gas emissions, Fjord Line says the cost of LNG has led to a non-sustainable financial situation. Fjord

Carbon-neutral MGO can emerge as future marine fuel: DNV

Carbon-neutral marine gasoil will emerge as a strong competitor as future bunker fuels against ammonia and methanol in the shipping industry’s pursuit of decarbonization, maritime classification society DNV has predicted. In its latest annual Maritime Forecast to 2050 report, the Norwegian-headquartered organization presented 24 scenarios of future bunker mix based on which shipping companies can

Korean Register gives AIP to methanol dual-fuel VLCC design

Classification society Korean Register (KR) has given Approval In Principle (AIP) to a methanol dual fuel 300,000 DWT crude oil carrier (VLCC). The methanol dual-fuel VLCC, which was developed under a joint project between KR and shipbuilder Hyundai Heavy Industries (HHI), is powered by methanol and marine gas oil (MGO). HHI has developed the vessel

MGO sales in Panama down by 9.7%

Some 377,649 metric tonnes (mt) of marine fuel were sold in Panama last month – 9.7% down on the 418,415 mt registered in February 2021. Last month’s total also represented a 16.4% drop on the 451,664 mt of marine fuel sales recorded in January. A total of 229,359 mt of very low sulphur fuel oil

Hambantota Port to begin MGO Fuel Bunkering

Oil tanker ‘Sunny Bay’ carrying 15,000 metric tons of Marine Gas Oil (MGO), called at the Hambantota International Port (HIP) on the 23rd January. The vessel was the first to discharge MGO for storage at the port’s tank farm. HIP, with its global partner Sinopec, launched bunkering operations for VLSFO last year. With the tank