LNG Pathway Offers Strong Returns Under IMO’s Net-Zero Framework, Says SEA-LNG

SEA-LNG, an industry coalition encompassing the full LNG value chain, has released findings from its preliminary analysis of the International Maritime Organization’s (IMO) Net-Zero Framework following the MEPC 83 meeting. Using the independent Z-Joule cost of compliance calculator, the study evaluates the commercial viability of various fuel options in light of upcoming decarbonisation regulations. According

Thailand conducts its first biofuel bunkering

At Laem Chabang Port in Sriracha, Chonburi, Bangchak Sriracha (BSRC) delivered B24 Marine Biofuel, weighing 470 metric tons, to the IRIS LEADER (NYK LINE).  The B24 Marine Biofuel, which is made up of 0.5% S Very Low Sulfur Fuel Oil (VLSFO) and 24% UCOME (Used Cooking Oil Methyl Ester), is a low-emission substitute that does

Higher biofuel blend loads on Type I ships considered by IMO

A proposal to deliver up to 30% biofuel blends on Type I barges is being reviewed by the International Maritime Organization (IMO), which is anticipated to approve it shortly, according to a number of important maritime assessors and classification societies. Since the proposal would enable the sale of B30 utilizing the current fleet of IMO

Proman Stena launches methanol-fueled joint venture chemical tanker in Singapore

Proman Stena Bulk, a joint venture between Sweden-based tanker firm Stena Bulk and Swiss methanol producer Proman, officially launched its sixth methanol-fueled joint venture chemical tanker in Singapore. The 49,900-deadweight tonnage (DWT) vessel called Stena Prosperous will be bunkered with a 20:80 green methanol and conventional methanol blend, they said in a joint statement. The

GCMD and NYK Line team up to address concerns of biofuels

The Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial the continuous use of a biofuels blend comprising of 24% Fatty Acid Methyl Esters (FAME) and very low sulphur fuel oil (VLSFO) onboard

CMA CGM LNG bunker consumption increases 32% in 2023

France-based shipping company CMA CGM’s total marine fuel demand shrank by 2pc in 2023, but its LNG bunker consumption was up by nearly a third as the company looked for cheaper alternative marine fuels. CMA CGM’s vessels burned 7.92mn t of marine fuel in 2023, down from 8.10mn t in 2022. Of this amount, LNG

Vitol Bunkers deploys new bunker barge

Vitol Bunkers deployed its new specialised biofuel bunker barge “Marine Future” to deliver 1,100 mt of VLSFO B30 was delivered on 14 March to “Grand Hero”, a vehicle carrier chartered by Hyundai Glovis. Singapore-based marine fuel supplier Vitol Bunkers said it has completed the first delivery of B30 biofuel blend in Singapore, the first time

Yang Ming to bunker with marine biodiesel

Taiwan’s containership firm Yang Ming marine will incorporate marine biodiesel bunkering operations into its fleet in collaboration with Hong Kong’s Pan Nation and Bunker Holding’s subsidiary KPI OceanConnect. Yang Ming confirmed that the process has already commenced with two of its vessels, the 1,805 TEU YM Inception and the 6,600 TEU YM Masculinity, bunkering with

Singapore bunker fuel sales continue to surge during July

Bunker fuel sales at Singapore port increased by 9.7 per cent on year during July 2023, according to Maritime and Port Authority of Singapore (MPA) data. In total, 4.52 million metric tonnes (mt) (exact 4,517,500 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in July, an increase from 4.12

Himalaya’s two dual fuel newbuilds bunkered with LNG

Bulker operator Himalaya Shipping said two of its ships, Mount Norefjell and Mount Matterhorn, have bunkered with LNG in Singapore over the last few days. Mount Matterhorn is the fifth of the twelve 210,000 dwt Newcastlemax dual fuel newbuildings that the company has on order at New Times Shipbuilding in China. A Newcastlemax running on