Fuels

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Fuel compliant with IMO’s 2020 regs to be available in Port Louis

Stonewin, a fuel supply solutions company, announced that Port Louis, Mauritius will have available VLSFO from May 1st 2019, in light of IMO’s 2020 sulphur regulations that are approaching. The compliant product will be a permanent part of the company’s line in Port Louis ahead of the 2020 deadline.

ExxonMobil begins operation on unit to produce clean transport fuel

ExxonMobil took a Delayed Coker Unit into operation at its refinery in Antwerp at the start of April. The unit converts heavy, high-sulphur oil products into cleaner transport fuel like diesel and fuel oil for shipping. The new plant represents an investment of over 1 billion euros. The DCU has been created ahead of the new shipping regulations, which will come into force on 1 January 2020.

Johor Port inks LNG services deal with Petronas

Malaysian Johor Port, a member of MMC Group, signed a Marine Services Agreement with Petronas LNG, aiming to enable the provisioning of marine services and attractive tariff for vessels that receive Gassing Up and Cooling Down services at PLL’s Regasification Terminal Pengerang.

US mulls Jones Act waiver for LNG

US President Donald Trump is considering waiving the Jones Act requirement that only US-flagged vessels can move LNG from American ports to Puerto Rico. While top administration officials seem to be divided on the issue, the US President is leaning in favor of some sort of waiver. 

ADNOC makes first coke shipment to become a ‘zero-fuel oil’ refining business

The first-ever shipment of UAE-produced calcined coke has started its maiden voyage to mainland China. 10,500 tons of calcined coke were loaded by ADNOC Refining onto the M/V Lucky Ocho, a vessel chartered by ADNOC Logistics & Services, to be delivered in Yantai, China by the end of April 2019. This represents the latest milestone in ADNOC’s attempt to become a ‘zero-fuel oil’ refining business.

US achieves new record in petroleum product exports in 2018

US exports of total petroleum products achieved a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), which is an increase of 366,000 b/d from 2017 levels, EIA reports. The three largest petroleum product exports from the US in 2018 were distillate, propane, and motor gasoline. Total US petroleum product exports set a record high in 2018 for the 16th year in a row.

60.3% of the global ship orders to be LNG-fueled vessels by 2025

According to Korea Development Bank and Korea Trade-Investment Promotion Agency, ships that run on LNG are expected to account for six out of ten new vessel orders in six years due to toughened environmental standards. 60.3% of the global ship orders are expected to be for LNG-fueled vessels by 2025.

Bangladesh receives its second LNG FSRU

Bangladesh’s second LNG storage and regasification vessel has moored off its coast, aiming to help supply the country with the alternative fuel. The FSRU ‘Summit LNG’ is moored 6 km off the island of Moheshkhali in Cox’s Bazar. It is expected that around 3.75 million tonnes a year of LNG will be imported through the facility, thus doubling Bangladesh’s LNG import capacity to 7.5 million tonnes per year.

Partners establish competition to find new LNG retrofitting ways

Nanyang Technological University, DNV GL, and Shell have launched a competition to attract ideas in order to cut the cost of equipping an LNG fuel gas system to an existing ocean-going vessel. The ‘Low-Cost LNG Retrofit (LCLR) Challenge’ aims to to help shipping companies adopt cleaner fuels and reduce harmful emissions.

Port Arthur LNG authorized for liquefaction export project in Texas

Sempra Energy announced that its subsidiary, Port Arthur LNG, LLC, received authorization from the US Federal Energy Regulatory Commission (FERC) to site, construct and operate its natural gas liquefaction-export facility under development in Jefferson County, Texas.

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