Subscribe to our Mailing Lists (It's free!)
Sunday, April 2, 2023
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    ESCA

    ECSA, ICS welcome EU decision to recognise training and certification of Filipino seafarers

    ReCAAP ISC

    ReCAAP ISC: Four armed robbery incidents in Singapore Strait

    recaap isc armed piracy

    Pirates kidnap Monjasa tanker crewmates off the Gulf of Guinea

    Marshall Islands: Detentions in China due to maneuverability issues

    Marshall Islands: Detentions in China due to maneuverability issues

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    sleep

    Stay SEAFiT: Sleep matters for people onboard

    Changing the narrative: Words have power

    Changing the narrative: Words have power

    Are you in a low mood? How to instantly feel better

    Are you in a low mood? How to instantly feel better

    competence

    The four stages of competence and how they apply in business

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    aquatic environments ammonia spills

    OCEAN project aims to support the High Seas Treaty

    EU Emissions Trading System

    ECSA, CLIA advocate for more renewable and low carbon fuels in Europe

    IMO: 20 States in total have ratified the Hong Kong Convention

    IMO: 20 States in total have ratified the Hong Kong Convention

    World’s first hydrogen dual fuel straddle carrier launches in Port of Antwerp

    World’s first hydrogen dual fuel straddle carrier launches in Port of Antwerp

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Global Shipping Business Network

    New agreement to enable paperless trade

    gsbn hapag lloyd

    Revised IMO Compendium on facilitation and electronic business approved

    SAFE introduces autonomous hydrographic survey vessel

    SAFE introduces autonomous hydrographic survey vessel

    KR and Microsoft Korea sign MoU to collaborate on digital transformation

    KR and Microsoft Korea sign MoU to collaborate on digital transformation

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    Biden administration

    AMSA issues $5,000 fine to vessel captain

    Italian Coast Guard

    Italian Coast Guard detains rescue vessel Louise Michel

    Belize Port Authority detains grounded vessel for investigation

    Belize Port Authority detains grounded vessel for investigation

    australia sea mines

    AMSA imposes 90-day ban on Dutch vessel

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    tsakos esg report

    WFW: ESG focused joint ventures are on the rise in shipping

    sleep

    Stay SEAFiT: Sleep matters for people onboard

    Changing the narrative: Words have power

    Changing the narrative: Words have power

    Are you in a low mood? How to instantly feel better

    Are you in a low mood? How to instantly feel better

  • Columns
    tsakos esg report

    WFW: ESG focused joint ventures are on the rise in shipping

    technology

    The road to Alternative Fuels

    The end of the supply chain crisis and what we need to learn for the next one(s)

    The end of the supply chain crisis and what we need to learn for the next one(s)

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    ESCA

    ECSA, ICS welcome EU decision to recognise training and certification of Filipino seafarers

    ReCAAP ISC

    ReCAAP ISC: Four armed robbery incidents in Singapore Strait

    recaap isc armed piracy

    Pirates kidnap Monjasa tanker crewmates off the Gulf of Guinea

    Marshall Islands: Detentions in China due to maneuverability issues

    Marshall Islands: Detentions in China due to maneuverability issues

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    sleep

    Stay SEAFiT: Sleep matters for people onboard

    Changing the narrative: Words have power

    Changing the narrative: Words have power

    Are you in a low mood? How to instantly feel better

    Are you in a low mood? How to instantly feel better

    competence

    The four stages of competence and how they apply in business

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    aquatic environments ammonia spills

    OCEAN project aims to support the High Seas Treaty

    EU Emissions Trading System

    ECSA, CLIA advocate for more renewable and low carbon fuels in Europe

    IMO: 20 States in total have ratified the Hong Kong Convention

    IMO: 20 States in total have ratified the Hong Kong Convention

    World’s first hydrogen dual fuel straddle carrier launches in Port of Antwerp

    World’s first hydrogen dual fuel straddle carrier launches in Port of Antwerp

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Global Shipping Business Network

    New agreement to enable paperless trade

    gsbn hapag lloyd

    Revised IMO Compendium on facilitation and electronic business approved

    SAFE introduces autonomous hydrographic survey vessel

    SAFE introduces autonomous hydrographic survey vessel

    KR and Microsoft Korea sign MoU to collaborate on digital transformation

    KR and Microsoft Korea sign MoU to collaborate on digital transformation

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    Biden administration

    AMSA issues $5,000 fine to vessel captain

    Italian Coast Guard

    Italian Coast Guard detains rescue vessel Louise Michel

    Belize Port Authority detains grounded vessel for investigation

    Belize Port Authority detains grounded vessel for investigation

    australia sea mines

    AMSA imposes 90-day ban on Dutch vessel

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    tsakos esg report

    WFW: ESG focused joint ventures are on the rise in shipping

    sleep

    Stay SEAFiT: Sleep matters for people onboard

    Changing the narrative: Words have power

    Changing the narrative: Words have power

    Are you in a low mood? How to instantly feel better

    Are you in a low mood? How to instantly feel better

  • Columns
    tsakos esg report

    WFW: ESG focused joint ventures are on the rise in shipping

    technology

    The road to Alternative Fuels

    The end of the supply chain crisis and what we need to learn for the next one(s)

    The end of the supply chain crisis and what we need to learn for the next one(s)

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

New report analyzes role of ship fuel oil assessment and quantity verification in uncertain eras

by The Editorial Team
October 7, 2022
in Fuels
uae high sulphur fuel bunkering
FacebookTwitterEmailLinkedin

A new report from Thetius and Lloyd’s Register analyzes the role of ship fuel oil assessment and quantity verification during “uncertain times.”

Variations in bunker fuel quality have been a pressing issue for some time and lobbying for tighter bunker licensing and chain of custody schemes aimed at improving supply chain transparency have increased in recent years.

But as operators and insurers are witnessing, the problem of off-spec and poor quality bunker fuel is at constant risk of resurgence. Changes to the geographic orientations of global bunker fuel markets are another influential factor.

According to the report, to meet growing local demand, Europe will need to increase imports from North America, South America, and the Middle East and this will increase ton-mile costs for crude and refined stocks, and put further price pressure on fuel supplies.

RelatedNews

Marshall Islands: Detentions in China due to maneuverability issues

LR: Timeline for compliance with the FuelEU requirements

As fraud and corruption in bunker supply continue to impact operator margins, this increased pressure may provide more oxygen to less scrupulous suppliers in the bunker supply chain, leading to even more variability in quality and quantity

When evidence shows that in excess of one million metric tons of off-spec or non-compliant fuels are detected each year, the cost to industry is considerable, with the bill to the unwary ship operator estimated at $27k – 50k USD per event.

Issues operators face

The issues that operators face need to be considered alongside some of the more positive, but no less influential developments such as:

  • The introduction of biofuel oils;
  • The increasing prevalence of bunker licensing schemes;
  • The increased commonality of mass flow meters;
  • Upcoming changes to ISO standards for marine grade fuels;
  • The rise of GC-MS and ‘lab-on-ship’ technologies.

Together, they form a picture of the constantly shifting patterns, parameters, and problems that ship operators face in their bunkering operations whether fully aware of the risks or not.

As regulations, technologies, and market movements conspire, there has never been a more important time for operators to ensure they are receiving the best advice and oversight on bunker procurement and refuelling operations

Recommendations for managing fleet fuel oil

#1 Expertise matters: The testing, analysis, and evaluation of bunker fuels requires more than a deep understanding of petro-chemistry and laboratory techniques. It also requires a deep understanding of market forces, regional differences in operation, and when things are found amiss; corrective actions.

#2 Work with suppliers to set clear expectations: One example of this could be to agree to longer contracts with trusted suppliers in exchange for installing mass flow metres similar to those set out in the Singapore requirements.

#3 Take a Belt and Braces approach to new technology: Where time-toresult is critical, providing test kits and flow monitoring equipment to crew, training them to use them effectively, and backing up results with laboratory analysis offers a well thought-out approach to reducing fuel risks.

Outlook

The report notes that the outlook is generally optimistic in the bunker markets during the long transition to alternative fuels. But as recent events in Singapore have shown is that one thing remains true regardless of the macro trends; professional testing and verification services are the only reliable way to protect seafarers, assets, and financial transactions from harm.

Shipping cannot hope that supply side controls will eventually eliminate the problems from their risk registers without also making sound basic investments into protecting their own assets and interests. New standards and regulations will help those who also chose to help themselves

EXPLORE MORE AT thetius’S REPORT ON fuels quality

Tags: bunkeringfuel qualityLRreports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

tsakos esg report

WFW: ESG focused joint ventures are on the rise in shipping

March 31, 2023
ESCA

ECSA, ICS welcome EU decision to recognise training and certification of Filipino seafarers

March 31, 2023

SEAFiT Poll

What is the biggest obstacle for the social life onboard?

Stay tuned for the results!

MARITIME EVENTS

Explore

  • Safety
  • Green
  • Smart
  • Risk
  • Others
  • Events
  • Plus

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Contact

RISK4SEA Facts

Did you know that Panamax had an increase in detentions in the USA? 17% increase in detentions within 2020 vs. Last3Y.

Learn more risk4sea.com

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Alerts
    • Accidents
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.