The Norwegian company, CRYO Shipping, a global supplier sustainable and environmentally friendly energy to both transport and industry commences 2021 with a historically important milestone on 24 th January when the company bunkers LNG to the shuttle tanker, Altera Wave,....
Bunker Ports News
Published 4y-10mo-2w-6d-15h-54m ago
ABS, Nanyang Technological University NTU , Singapore, and the Ammonia Safety and Training Institute ASTI are collaborating on a study of the potential of ammonia for Singapore, exploring supply, bunkering, and safety challenges with the marine fuel.
Titled Ammonia as a Marine....
Bunker Ports News
Published 4y-10mo-3w-15h-54m ago
The technology group Wärtsilä, as part of a consortium led by the University of Vaasa in Finland, will play a major role in an important project aimed at reducing the environmental impact of shipping. Project CHEK – deCarbonising sHipping by....
Bunker Ports News
Published 4y-10mo-3w-15h-54m ago
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January....
Bunker Ports News
Published 4y-10mo-3w-15h-54m ago
VLCC
The market weakened even further this week with rates dropping and the timecharter equivalent for the main front haul voyages heading towards, if not actually realising, negative returns. In the Middle East 280,000mt to US Gulf via the....
Bunker Ports News
Published 4y-10mo-3w-1d-15h-54m ago
DNV GL has awarded an Approval in Principle AIP to Korea Shipbuilding and Offshore Engineering KSOE for a wing sail auxiliary propulsion system for ships – the result of a joint research project between KSOE and SK Shipping. The virtual award....
Bunker Ports News
Published 4y-10mo-3w-3d-15h-54m ago
The Panama Canal has signed memorandums of Understanding with Panama Ports Company PPC and PSA Panama International Terminal PSA Panama to help optimize supply routes for the distribution of the COVID 19 vaccine and supplies to Latin America.
Panama’s logistics capabilities and....
Bunker Ports News
Published 4y-10mo-3w-3d-15h-54m ago
The COVID 19 pandemic’s spread is taking center stage again and markets are getting increasingly worried about the long duration of European lockdown and about the new restrictions in China. Border closures, social distancing measures and shutdowns will continue to constrain....
Bunker Ports News
Published 4y-10mo-3w-4d-15h-54m ago
Risavika LNG front month reached 30.20 EUR/MWh sideways to last week. European gas prices remained supported by tightened supply and cold weather outlook. However, the weather forecast for the rest of the January and beginning of February shows higher than....
Bunker Ports News
Published 4y-10mo-3w-5d-15h-54m ago
An ABS classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia fuel ready vessel in the world.
The landmark 274 meter long vessel, hull number 0315852, is now under construction....
Bunker Ports News
Published 4y-10mo-3w-6d-15h-54m ago
A world leader in the design, manufacture and maintenance of all types of port cranes, Konecranes, has introduced reach and height modernisations of ship to shore STS equipment to help operators to adapt quickly and cost efficiently to rapidly changing demands and....
Bunker Ports News
Published 4y-10mo-3w-6d-15h-54m ago
Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell SOFC technology. Funded by a grant from Danish....
Bunker Ports News
Published 4y-10mo-4w-15h-54m ago
Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low sulphur fuels.
Some ship owners using very low sulphur fuel oil VLSFO have reported build up of red deposits on piston....
Bunker Ports News
Published 4y-10mo-4w-15h-54m ago
The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes of cargo, a fall of 3.1% compared with the previous year. Thanks to the buoyant container throughput rates, which set a new record, the port....
Bunker Ports News
Published 4y-10mo-4w-15h-54m ago
VLCC
A general further weakening of rates was seen across this sector. In the Middle East 280,000mt to US Gulf via the Cape/Cape routing is assessed another point down at WS19.5. Meanwhile, 270,000mt to China is now rated five points lower....
Bunker Ports News
Published 4y-10mo-4w-1d-15h-54m ago
When the Gothenburg based shipowner company Furetank had to make a decision about which fuel to invest in, they opted for liquefied gas. A choice they’re very happy with today. The company is continuing the switch to gas and replacing....
Bunker Ports News
Published 4y-11mo-15h-54m ago
During the first two weeks of 2021, world bunker indices continued their moderate upward trend. Meantime, the most critical unknowns for the bunker market are still the coronavirus pandemic, the rate and effectiveness of vaccinations that have begun around the....
Bunker Ports News
Published 4y-11mo-1d-15h-54m ago
The year 2020 has been a tremendous test for the shipping industry and its seafarers. With the aim to raise awareness of how significant a role shipping plays in society and daily lives, BIMCO is launching a two minute film produced....
Bunker Ports News
Published 4y-11mo-2d-15h-54m ago
Risavika LNG front month reached 30.12 EUR/MWh. European gas prices continued a strong upside on colder outlook for the front month, lower Russian supplies through Ukraine and fewer LNG arrival to Europe. Strong consumer demand in Asia, a severe shortage....
Bunker Ports News
Published 4y-11mo-2d-15h-54m ago
A new agreement between ABB Turbocharging, Hyundai Global Service HGS and Hyundai Heavy Industries’ Engine amp Machinery Division HHI EMD has established a ‘total service solution’ for ABB and Hyundai customers, delivering optimal efficiency and emissions performance across the entire ....
Bunker Ports News
Published 4y-11mo-3d-15h-54m ago
Qatargas Operating Company Limited Qatargas announced today the completion of the first ever commercial ship to ship STS transfer of a liquefied natural gas LNG cargo involving a Q Flex LNG vessel. The transfer took place at Subic Bay, Philippines.
A full cargo of 212,000....
Bunker Ports News
Published 4y-11mo-3d-15h-54m ago
VLCC
A relatively quiet start to 2021. On the new 2021 Worldscale schedule, flat rates fell about 17%. To compensate, fixing rates reflected an upward adjustment on the first working day of the year, but have since eased. In the Middle....
Bunker Ports News
Published 4y-11mo-5d-15h-54m ago
In June 2019, the Grimaldi Group’s Grande Portogallo, a 165 metre long Pure Car amp Truck Carrier fitted with a Controllable Pitch Propeller CPP , set sail with a ground breaking piece of technology onboard. This vessel had on board a pre swirl stator PSS designed....
Bunker Ports News
Published 4y-11mo-5d-15h-54m ago
The Prysmian Group is betting on Wärtsilä’s retractable thrusters for the most advanced cable layer vessel in the world. Find out how its use helped Prysmian dramatically reduce installation times, especially during a pandemic, while helping improving efficiency and reliability.
Its....
Bunker Ports News
Published 4y-11mo-1w-15h-54m ago
Together with partners, the Port of Rotterdam offers port professionals a deeper understanding of the complex dynamics of the port industry via different training programs. With STC International a new online programme is developed to offer in depth insight on the....
Bunker Ports News
Published 4y-11mo-1w-15h-55m ago
Global Bunker Market faced some historically significant challenges last year, it started with IMO2020, the greatest change in fuel regulation in this century, with lot of expectations and contradictory predictions. However, the appearance of the so called “Joker factor” –....
Bunker Ports News
Published 4y-11mo-1w-1d-15h-54m ago
ABS and Keppel Offshore amp Marine are continuing their pioneering application of digital technologies by integrating Smart functions into the world’s first smart LNG bunkering vessel – FueLNG Bellina, equipped with Keppel O amp M’s proprietary AssetCare Digital Solution.
ABS was select....
Bunker Ports News
Published 4y-11mo-1w-1d-15h-54m ago
Fluechem, the UK based specialist supplier of chemical bunkering solutions has launched a revolutionary new system that allows shipping owners to create their own Urea solution onboard.
Launched at the end of 2020 the Urea Generator by Fluechem was born out....
Bunker Ports News
Published 4y-11mo-1w-2d-15h-54m ago
End of life vessels are delivered to the recycling facilities located on the coast of the Alang, India. The Hong Kong Convention HKC compliant recycling facilities in India have built the impermeable floors in recycling plots adjacent to the beach. The impermeable....
Bunker Ports News
Published 4y-11mo-1w-2d-15h-54m ago
Twelve months ago, some analysts predicted that the impact of IMO 2020 could be as momentous as when ships’ switched fuel type from coal to fuel oil. They often went on to predict widespread availability issues, compatibility problems, and....
Bunker Ports News
Published 4y-11mo-1w-4d-15h-54m ago
Leading Classification Society ClassNK released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, which outline the additional safety requirements of liquefied gas carriers that supply LNG fuel at sea.
The number of LNG fueled ships has been increasing in recent....
Bunker Ports News
Published 4y-11mo-1w-4d-15h-54m ago
Following the extraction of crude oil from the ground, it must then be transported to where it needs to be. The logistical infrastructure responsible for the worldwide transportation of crude oil is staggering, to say the very least.
There are a....
Bunker Ports News
Published 4y-11mo-1w-5d-15h-54m ago
The three year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties, represented by Deltalinqs and VRC, is to be extended by one year. As has been the case from 2018 to....
Bunker Ports News
Published 4y-11mo-1w-5d-15h-54m ago
The coronavirus pandemic has exposed and accelerated underlying trends in remote working, global travel, technological advancement and AI. The most innovative companies are capitalising on these trends.
At the peak of the coronavirus pandemic in March 2020, some 2.6 billion people....
Bunker Ports News
Published 4y-11mo-2w-1d-15h-54m ago
Supply chains generally tend to be well orchestrated for moving goods across global networks. Any short term disruption can lead to bottlenecks as is the case with port congestion these days. Port congestions are not new to the industry and have....
Bunker Ports News
Published 4y-11mo-2w-1d-15h-54m ago
What was the last thing you printed While for many of us it’s likely to be a work document or a pile of handouts, the research engineers at the Wärtsilä Hub for Additive Manufacturing WHAM has moved into another dimension....
Bunker Ports News
Published 4y-11mo-2w-2d-15h-54m ago
Prolonged waiting periods of vessels carrying Australian coal to China: cargo hazards and precautions while waiting to discharge coal.
The Club has learned that a number of ships loaded with Australian coal are experiencing significant delays in receiving authorisation to discharge....
Bunker Ports News
Published 4y-11mo-2w-3d-15h-54m ago
During the COVID 19 pandemic, there has been much discussion about how digitisation has been critical to keep supply chains moving and enable the continued smooth operations of transportation networks, shipping and ports.
The realisation is that digitisation of shipping and logistics....
Bunker Ports News
Published 4y-11mo-2w-3d-15h-54m ago
Shipping has faced some historically significant challenges this year, we opened the year with IMO2020, the greatest change in fuel regulation in this century and we end the year still trying to come to grips with crew changes in such....
Bunker Ports News
Published 4y-11mo-2w-4d-15h-54m ago
In November 2020, the Maritime Silk Road Trade Index STI released by the Ningbo Shipping Exchange showed that the import and export trade index was 161.13 points, up 10.78% from the previous month and up 13.83% year on year the export trade....
Bunker Ports News
Published 4y-11mo-2w-4d-15h-54m ago
As carbon neutral fuel choices narrow, shipowners are beginning to look more closely at how existing and newbuild vessels might use clean fuels. Ammonia is near the top of the list for many shipowners.
Ammonia has traditionally been produced from hydrocarbons, although....
Bunker Ports News
Published 4y-11mo-2w-5d-15h-54m ago
Russia’s first cargo and passenger ship to ship LNG bunkering vessel has been set afloat — shipyard specialists having completed the main stage in the vessel’s construction, including assembling the hull and installing LNG fuel tanks and other auxiliary systems, in record time.....
Bunker Ports News
Published 4y-11mo-3w-1d-15h-54m ago
REV LNG, LLC, a Pennsylvania based Liquefied Natural Gas LNG services provider, recently completed the first truck to ship LNG bunkering operation in Great Lakes history at the Port of Hamilton’s POH Pier 22 for the MV Demia Desgagnés. The operation is the....
Bunker Ports News
Published 4y-11mo-3w-2d-15h-54m ago
