In H-vision sixteen parties, mainly from the port of Rotterdam industrial area, partner in a study to explore the large-scale production and application of blue hydrogen in the Rotterdam industrial area. The goal is to supply decarbonized energy by replacing natural gas and coal with blue hydrogen. It is also studying how residual gases from the refining and chemical industry can be utilized to further enhance sustainability.
EIA published that the implementation of new regulations on marine fuel will affect crude oil and petroleum product markets the following decade. The Administration focuses mainly on the long-term implications of the market changes that will involve changes to ships, marine fuels, refining, and some infrastructure in the next six to eight years.
Novatek, the largest, independent, Russian natural gas producer and LNG operator, accomplished the 10 million tonnes of LNG that was produced at the Yamal LNG facility since December 2017. The operator reported that the milestone cargo number 136 was offloaded onto the Arc7 ice-class tanker Vladimir Vize.
Mr. Ian Adams has been recently appointed as the Executive Director of the Clean Shipping Alliance 2020 which aims to clarify issues concerning the Exhaust Gas Cleaning Systems and assist in the effective enforcement of the upcoming sulphur cap. Mr. Adams anticipates an increase in global shipping costs overnight from 1 January 2020, highlighting that a postponement of the amendments to MARPOL Annex VI is off the table; therefore, the industry needs to get fully prepared for compliance by the end of 2019.
ADX Energy, an oil and gas company, published a statement according to which the Italian Senate has passed a Bill to halt oil and gas exploration activities in permits that have been approved or are in the process of being approved. If the suspension is approved, it will be a period of up to 18 months, aiming to help authorities evaluate the suitability of the exploration areas for sustainable hydrocarbon exploration and production activities (The Plan).
With less than twelve months remaining for the new regulation to take place, ship owners can’t waste time anymore; within 2019, they need to decide on the most appropriate approach for their operations in order to comply with the Sulphur cap and remain commercially sustainable in the long run. So far, there is no silver bullet solution while each option introduces additional challenges to operators.
BHP, NYK, GoodFuels and BLOC, announced the successful delivery of biofuels to the NYK-owned bulk carrier Frontier Sky, with CO2 savings verified with BLOC’s blockchain fuels assurance platform. The biofuel, supplied by GoodFuels, is a ‘drop-in’ marine gasoil-equivalent, and was blended with conventional fossil-based MGO in a mix of 30% biofuel to 70% conventional MGO.
This time, our special column, in association with The North of England P&I Club, sheds focus on sulphur cap, given the fact that we are on the final stretch for the amendments to MARPOL Annex VI to come into force. From 1 January 2020, the content of sulphur in fuel oil used on board ships, operating outside Emission Control Areas, must not exceed 0.50% m/m and ship operators are urged to find ways to comply with the new regulation.
According to Wook Mackenzie, despite its small share of the total LNG market, floating LNG (FLNG) has provided outsized interest in recent years. This happened as its offers lower capital investment and manageable costs, especially in frontier regions. Nevertheless, WoodMac added that future project opportunities are in short supply.
Japanese MOL announced that its LNG-fueled tugboat ‘Ishin’ bunkered LNG fuel in Sakai Senboku Port for the first time, in preparation for test operation, marking is the first bunkering of LNG as a marine fuel at any port in the Kansai region.
- 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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