To mitigate the risks of an increasingly complex bunkering marketplace, VeriFuel, part of Bureau Veritas, urged the marine bunker sector, upstream supply chain, and fuel testing organisations, to work together more effectively to find solutions that support the smooth transition to new fuels for 2020.
Energy consultancy Wood Mackenzie provided a recap of predictions in view of the upcoming stringent environmental regulations and specifically the IMO’s sulphur cap, effective from 1st January 2020. Woodmac sees, among others, a rise in the use of scrubbers, before the IMO imposes its sulphur limit.
Japanese shipping company MOL published a video of the world’s largest floating storage and regasification unit (FSRU) in operation in the Turkish port of Dörtyol, Hatay. The FSRU Challenger began operations in Turkey on February 2018. The floating storage and regasification unit has an LNG storage capacity of 263,000 cubic meters and has re-shipment and gas transfer capabilities.
Qatar Petroleum and ExxonMobil have taken the final investment decision for developing the Golden Pass LNG export project, which is located in Sabine Pass, Texas. The LNG export project is owned by Golden Pass Products LLC, a joint venture between affiliates of Qatar Petroleum, holding the 70% and ExxonMobil, the 30%.
IUMI, the International Union of Marine Insurance, forces refineries to test on low sulphur fuels ahead of the introduction of the global sulphur cap on 2020. IUMI stated that fuel testing is undertaken by the end-user but this has to change. IUMI is calling for regulation that obliges refineries to guarantee the quality of their fuel and for vessel operators to improve their systems, processes and training to protect their vessels against the potential impact of using low sulphur bunkers.
E4tech in its ‘The Fuel Cell Industry Review 2018’ report focuses on the developments that are occurring in the time being, supporting that they could benefit the market for fuel cells, but not yet. The report looked at developments and ‘proving efforts’ currently happening in Germany, Norway, Greece, the US and Belgium.
The Final Investment Decision for the floating LNG terminal on the Croatian Island of Krk was adopted on January 31, 2019. The procurement process of the FSRU vessel took place in November 2018, during which the bid from Golar was evaluated as the most economically beneficial, offering a new conversion of the existing LNG tanker to the FSRU vessel worth EUR 159.6 million.
US exports of ethane have increased from nearly nothing in 2013 to an average of 260,000 barrels per day through the first 10 months of 2018, accounting for about one-sixth of US hydrocarbon gas liquids exports. The US became the world’s top exporter of ethane in 2015, surpassing Norway. US production of ethane increased along with development of US natural gas shale resources.
Fluxys and Titan LNG have cooperated to build the FlexFueler 002, a bunkering pontoon to make LNG more widely available as shipping fuel in the Antwerp port and region. The pontoon will be commissioned by mid-2020 and support the shipping industry in its change to cleaner operations. Titan LNG will be the long-term operator of the pontoon.
German container shipping company Hapag-Lloyd revealed plans to retrofit its 15,000 TEU boxship ‘Sajir’ to use LNG propulsion, in a pilot project expected to pave the way for converting large ships to LNG. The LNG conversion is expected to save 15-30% in CO2 emissions from the ship’s operation.
- Ship Recycling
Grieg Star recycles first ship under new EU regulations20/02/2019
'Phantom' volcanoes in North Sea present oil and gas opportunities20/02/2019
Woodmac: Japan's offshore wind sector is looking promising20/02/2019
Watch: NABL presents Fujairah-Mumbai underwater train tunnel20/02/2019
Initiatives start to ease container congestion in Manila20/02/2019
Ports of Genoa enter IPCSA20/02/2019
Canada, US to protect the Salish Sea20/02/2019
Port of Oakland to get three mega cranes20/02/2019
Transport associations oppose to EU Consortia Block Exemption Regulation20/02/2019
China to increase LNG import capacity in Greater Bay area20/02/2019
Nepal moves forward with creation of a national shipping lineEmissions
Greek Shipowners reinstate stance against scrubbersCasualties
Watch: Cruise ship crashes at pier of San JuanSecurity
Robber steals fuel from bulk carrier at Caofeidian Anchorage, China
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