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Bunkering

Trafigura Proposes Carbon Levy on Marine Fuels

© Igor Groshev / Adobe Stock

Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on shipping fuels to make zero and low carbon fuels more economically viable and competitive.The International Maritime Organization (IMO) wants to halve the sector's greenhouse gas output by 2050 against 2008 levels.

KR Opens LNG Bunkering Simulation Center

© vladsv / Adobe Stock

The Korean Register (KR) said it established a new liquefied natural gas (LNG) fuel and bunkering simulation center (KR LSC) at its headquarters in BusanThe use of LNG as a ship fuel and demand for bunkering is expected to increase as a result of the International Maritime Organization's (IMO) regulations to reduce SOx,

BHP in Talks with for LNG Bunker Supply Contract

Illustration - Credit: masterskuz55/AdobeStock

BHP Group is in talks with three companies for the supply of liquefied natural gas (LNG) to fuel five ships it plans to use to transport iron ore between western Australia and China, a senior company executive told Reuters.A contract is expected to be awarded next month after an initial 8 to 10 firms

World’s Largest LNG Bunkering Vessel Named in Rotterdam

(Photo: Chris Schotanus, Total)

The world’s largest liquefied natural gas (LNG) bunker vessel was officially named during a ceremony held Friday in Rotterdam. The 135.5-meter-long, 18,600-cubic-meter-capacity GTT Mark III Flex membrane vessel has been named Gas Agility.The first LNG bunker vessel owned by Emerald Green Maritime Limited,

Japan’s First LNG Bunkering Vessel Named at Sakaide Works

(Photo: Kawasaki Heavy Industries)

A naming ceremony was held for Japan’s first liquefied natural gas (LNG) bunkering vessel at Kawasaki Heavy Industries' Sakaide Works shipyard, on Wednesday.The ship, named Kaguyais, the first LNG bunkering vessel to be operated in Japan. Kaguya will be operated by Central LNG Marine Fuel Japan Corporation

Petronas Exec Sees Number of LNG-fueled Ships Doubling by 2030

Image Credit: Avenir LNG

The number of ships fueled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by the shipping industry's desire to cut emissions, a senior executive at Malaysia's Petroliam Nasional Bhd (Petronas) said on Wednesday.Currently, less than 400 out of a total of more than 80,

Second Arrest Warrant Issued for GP Global's Tanker

GP B3 - Image Credit: mgklingsick_aol_com/MarineTraffic.com

An Indian court has issued a second arrest warrant for a marine refueling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.On Sept. 10, the High Court of the western Indian state of Gujrat granted the vessel manager's,

Global Demand for Marine Fuels to Fall by Up To 17%

Image by Georgiy/AdobeStock

Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus pandemic on world trade, setting the stage for more consolidation among bunker suppliers, an industry executive told a conference on Wednesday.Banks scaled back on their commodities trade finance after

New LNG ATB Bunker Vessel is a US First

(Photo: Q-LNG)

Bunkering ports around the world have long used a variety of small tankers or tug and barge combinations to deliver fuel to visiting ships. Mostly this was heavy oil, but recently a new breed of bunkering vessels is emerging to deliver clean burning liquefied natural gas (LNG) to modern ships with dual-fuel capabilities.

LR Publishes Guidance on Methanol Bunkering

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As stakeholders across the maritime industry assess future fuel options in support of the International Maritime Organisation’s 2030 and 2050 greenhouse gas reduction ambitions, Lloyd’s Register (LR) and the Methanol Institute (MI) have produced a Bunkering Technical Reference on Methanol, which is among the future fuels receiving close attention.

Singapore Court Appoints Supervisor for Xihe Holdings

© John Regan / MarineTraffic.com

The Singapore High Court has appointed Grant Thornton Singapore as the supervisor of Xihe Holdings Pte Ltd and four of its subsidiaries, a source with knowledge of the matter said on Thursday.The court decision followed an application by Oversea-Chinese Banking Corporation Ltd (OCBC) to place Xihe Holdings

Hin Leong's Owners Move to Block OCBC from Picking at Shipping Units

Illustration only - Credit: anekoho/AdobeStock

The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block creditor OCBC's request to appoint overseers for the family's Xihe Holdings and four other subsidiaries to recoup its debt.Oversea Chinese Banking Corp (OCBC) applied last week for the Singapore

Lim Family Seeks to Halt Law Firm from Taking Court Role

© Vladimir Knyaz / MarineTraffic.com

Members of Singapore’s Lim family have asked a court to stop law firm Rajah & Tann Singapore LLP (R&T) from working for court-appointed supervisors to two companies in the Lim’s embattled oil trading empire, Evan Lim Chee Meng told Reuters.Lim and his sister, Lim Huey Ching, filed an application to

Kanfer, CGR Partner to Market LNG Bunkering Vessels

MBM R9.jpg

Kanfer Shipping AS, the Norway-based shipping company focused on liquefied natural gas (LNG) break-bulk and bunkering ships, said it has entered into an exclusive agreement with CGR Arctic Marine (CGR), the Norwegian LNG technology company that has designed and developed a unique LNG bunkering vessel

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