Tumpuan Megah Development (TMD), has signed a contract with Lumut Maritime Terminal Sdh. Bhd. (LMTSB) in order to provide bunker services at the Lumut Port, as was announced by its subsidiary, Straits Inter Logistics.
IBIA alerts on the upcoming 2020 sulphur cap regulation, reminding the shipping industry that it will mandatory for vessels to have sampling point to be fitted or designated for the purpose of taking representative samples of the fuel oil being used on board the ship.
A steel cutting ceremony marked the start of construction of what is known as’ Singapore’s largest’ LNG bunkering vessel, as the bunker ship will be the second LNG bunkering vessel in Singapore.
In order to comply with the new sulphur limit for fuel oil used on board ships, starting on 1 January 2020, fuel oils with a sulphur content of 0.50% or less will be supplied worldwide for bunkering. For this reason, ClassNK published a booklet with precautions regarding the change-over to compliant fuel oils.
Cryo Shipping, Bergen-based bunker supplier, will develop infrastructure solutions to be able to supply fully renewable energy as a marine fuel, provided with a government’s grant. The company is collaborating with major stakeholders in the hydrogen sector, initially serving Norwegian shipowners who are taking early positions as consumers of fully renewable marine fuels.
As the IMO 2020 sulphur cap is nearing, shipping companies are taking their measures to comply with the regulation. However, a solution might be the use of crude oil. Namely, such an oil requires blending, but no refining, before being used as a ship fuel, while they could also be used with little modification. These fuels could prove to be low in sulphur and not too flammable.
EIA launched its International Energy Outlook 2019 (IEO2019) forecasting that the global energy consumption will increase by about 50% from 2018 to 2050, coming from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia.
The American Club published ‘Bunkering – A Compedium’ report, providing details on approaches towards loss prevention initiatives, demanded by both regulations and by supplying guidance on operations and management, ashore and afloat, aimed at obviating exposures with both a P&I and FD&D insurance implications.
DNV GL and Korea Shipbuilding & Offshore Engineering (KSOE) signed a memorandum of understanding (MOU), aiming to cooperate on the development of low and zero carbon ship technology. The project will include additional study on LNG as a ship fuel, as well as an assessment on its potential as a transitional step to zero-carbon options.
Maersk Tankers announced that its pools are ready for scrubber-fitted vessels to trade alongside vessels that will use alternative fuels for compliance with the upcoming sulphur cap, in a bid to maintain a fair distribution. The company uses its proprietary methodology Bunker Adjustment to distribute payments.
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