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Bunkering

Japan's First LNG Bunkering Vessel Launched

(Photo: "K" Line)

Japan’s first liquefied natural gas (LNG) bunkering vessel has been launched at Kawasaki Heavy Industries' Sakaide Works shipyard ahead of planned delivery at the end of September 2020.The 3,500-cubic-meter-capacity vessel is scheduled to begin ship-to-ship bunkering for LNG-fueled vessels at at JERA’s

Singapore Adds Minerva Bunkering and TFG Marine to List of Bunker Suppliers

Singapore port - Image by anekoho / AdobeStock

The Maritime and Port Authority of Singapore (MPA), home the world's top marine refueling hub, said it has awarded two new bunker supplier licenses to Mercuria's Minerva Bunkering and Trafigura's TFG Marine."MPA and ESG welcome the entry of Minerva Bunkering and TFG Marine, which will consolidate Singapore's

MPA Awards Two Bunker Licenses

The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019.Bunkering services in the Port of Singapore and oil trading remain resilient despite the global COVID-19 pandemic.

Vitol Marine Fuels Acquires Sinanju Tanker Holdings

©  Rex Wholster / Adobe Stock

Vitol Marine Fuels Pte Ltd, a subsidiary of the Vitol Group, has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings.The Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd and from 1st April 2020 all bunker deliveries will be carried out by Vitol Bunkers (S) Pte Ltd.

Most Bunker Sales in Singapore are Low-sulphur Fuels -BIMCO

© Rex Wholster / Adobe Stock

Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) made up the largest component at 71.5%, with marine gas oil (MGO) accounting for 12.5%, BIMCO reports.Total bunker sales in February fell 16% to 3.9 million metric tons compared with January,

KPI Bridge Oil to Acquire OceanConnect Marine

Søren Høll, (Photo:  KPI Bridge Oil)

KPI Bridge Oil announced it has agreed to acquire OceanConnect Marine, creating one of the largest independent marine fuels service and solutions providers in the worldSubject to the receipt of regulatory approval, the two companies will merge to form a new brand and entity, KPI OceanConnect, with a

SAL Heavy Lift Taps Inatech to Navigate IMO 2020

Photo courtesy of SAL Heavy Lift

German fleet operator SAL Heavy Lift has hired Inatech, a unit of Glencore, to ensure compliance with new low-sulphur emissions rules and optimize bunker strategies.Inatech has seen increased onboarding of its ‘Smart Trader’ app, which enables companies to map entire fleets of ships and

LNG Bunkering Operations Triple in Spain in 2019

© evening_tao / Adobe Stock

Ship operators carried out 195 liquefied natural gas (LNG) bunkering operations at Spanish ports in 2019, 135 more than in the previous year, Spanish authorities said on Friday.81,704 cubic metres of LNG was supplied to ships during the year.The upward trend continued in January 2020, with 35 operations supplying 12,055 cubic metres.

Green Bunker Demand Jumps at Rotterdam

Image: Port of Rotterdam

Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation (IMO) 0.5pc sulfur cap on 1 January.According to Port of Rotterdam, the demand for LNG, bio and low-sulfur bunkers has increased enormously in Rotterdam over the past year.

LNG Storage Tank Market to Reach $17.5Bn by 2025

Image: Linde Plc

LNG storage tank market is expected to grow from USD 12.5 billion in 2020 to USD 17.5 billion by 2025, at a CAGR of 7.0%, during the forecast period.The major factors driving the LNG storage tank market include increasing demand for LNG from various end-use industries, such as steel, power, and energy.

Total in 10-Year LNG Bunkering Pact with Pavilion

Image: Total Marine Fuels Global Solutions (TMFGS)

Temasek-owned Pavilion Energy has signed a 10-year fully-termed agreement to jointly develop an LNG bunker supply chain in the port of Singapore with Total Marine Fuels Global Solutions (TMFGS),  a subsidiary of French energy conglomerate Total SA.Global law firm Norton Rose Fulbright has advised  on signing the contract.

NYK Orders 2nd LNG-Fueled PCTC

Image: NYK

Japanese shipping and logistics company Nippon Yusen Kabushiki Kaisha (NYK) has placed an order to build a second LNG-fueled pure car and truck carrier (PCTC) with Shin Kurushima Dockyard Co.The shipbuilding contract was signed at NYK’s head office on January 31. The vessel is scheduled to be

Gasum to Bunker Equinor's Tankers

Image: Gasum

Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The Nordic energy company said in a press release that the supply will commence when the shuttle tankers start operating during 2020.

EIB Fund Greek LNG Bunkering Vessel Construction

 Financing agreement for the construction of the first LNG bunkering vessel for maritime use in Eastern Mediterranean. Photo: ©EIB

European Investment Bank (EIB) and Public Gas Corporation of Greece (DEPA) have signed an agreement to finance with up to 20 million euros the construction of a new liquid natural gas (LNG) bunkering vessel for maritime use in Greece which will be based in Piraeus. EIB said that the first vessel

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