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Industry consortium to test blockchain use in bunkering

Blockchain technology experts Blockchain Labs for Open Collaboration announced, through Maritime Blockchain Labs, the establishment of a consortium to address traceability and transparency in the marine fuel supply chain, bringing together LR, Precious Shipping, Bostomar, BIMCO, IBIA, and GoodFuels.

Preventing Bunker Spills

Alvin Forster, Deputy Director (Loss Prevention) at North P&I Club, talks about bunker spills incidents and their impacts. Mr. Forster outlines the most common causes of bunker spills and says that they can lead to expensive claims, reaching several million dollars.

Broken valve causes oil spill while bunkering

In its Monthly Safety Scenario for July, the Swedish Club describes a case of an oil spill during a vessel’s bunkering operations. Following investigation, the Club recommended that all involved parties should be informed when tanks are switched and that crew should always ensure the valves are completely shut and working.

MPA Singapore revokes bunker craft operator licence of Pegasus

MPA Singapore conducted checks on Pegasus earlier this year, discovering that the company had allowed an unlicensed craft operator to use its bunker craft to make bunker deliveries. MPA revoked Pegasus bunker craft operator licence, and it will not be allowed to operate as a bunker craft operator in the Port of Singapore.

Ghana to create bunkering zones

Ghana’s Minister for Energy, Boakye Agyarko revealed that the country is creating a Ship-to-Ship and Bunker Zones outside Tema and Takoradi Ports to safeguard Ghana’s future liquid cargo sector. The African country also aims to reduce CO2 shipping emissions by 80% until 2050.

Port of Rotterdam tests app to submit bunkering announcements

The Port of Rotterdam launched a trial project that allows users to submit bunkering announcements digitally. This online procedure aims to replace the VHF announcements. The project targets a paperless bunkering, in order for the Port Authority to making bunkering more efficient.

IBIA welcomes BIMCO’s new bunker contracts

IBIA, after reviewing the BIMCO Bunker Terms 2018, welcomed the new contracts, as they will be “a major step in the right direction”. The new BIMCO Standard Bunker Terms and Conditions were approved by BIMCO’s Documentary Committee on 2 May, and they introduce a maximum limit of the parties’ liabilities.

Largest marine fuel terminal to be built in Denmark

Stena Oil will create a new marine fuel terminal in the Port of Frederikshavn. The facility will be fully adapted to meet the new Sulphur Directive 2020 and its location will reduce the distances travelled by bunkering vessels. The oil terminal will be the largest of its kind in Denmark. Several services can be conducted at the same time, reducing transportation and turnaround times.

BIMCO establishes new bunker contract

BIMCO’s Documentary Committee approved new standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 aim to improve the previous edition, providing a maximum limit of the parties’ liabilities, something that is considered as a key change, that will lead to wider adoption of the contract.

ExxonMobil launches MFM system for MGO in Singapore

American energy major ExxonMobil is launching a mass flow metering system (MFMS) for marine gas oil in Singapore, after the Maritime and Port Authority mandated that all distillates must be delivered via a MFMS from 1 July 2019. The first barge deliveries are set to start in May 2018, the company said.

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