Tag: <span>Bunker Fuels</span>

ZeroNorth acquires bunker market platform ClearLynx
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ZeroNorth acquires bunker market platform ClearLynx

Technology company ZeroNorth has announced the acquisition of ClearLynx, an online platform for the bunker fuel market. Adding ClearLynx to the ZeroNorth platform will provide shipowners and operators with an integrated and end-to-end solution for the cost and environmentally efficient optimisation of bunker fuel, from initial enquiry through to supply. ZeroNorth users will be able...

OneLearn launches bunkering course
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OneLearn launches bunkering course

OneLearn Global has launched a new best-practice bunkering course to improve crew safety and cut the risk of costly, litigious disputes. The Safe Bunkering programme covers how and how not to receive and store bunker fuels. Issues can arise if vessels’ bunkers are not initially kept separate from previous bunker liftings or when stored at...

SGMF advances LNG safety standards with new guidance
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SGMF advances LNG safety standards with new guidance

The Society for Gas as a Marine Fuel (SGMF) has published two new guidelines to improve the safety of LNG-fuelled ships. The documents are intended to assist greater standardisation in crew competency and vessel design. SGMF’s ‘Operation of ships with Liquefied Natural Gas (LNG) – competency and assessment guidelines’ defines the skills required for any...

OOCL introduces bunker surcharge to cover 2020 costs
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OOCL introduces bunker surcharge to cover 2020 costs

OOCL will begin transitioning to the IMO’s 2020 0.5 per cent global sulphur cap by using low sulphur fuel (LSF) but estimates this will cost the company well above half a billion dollars. The company will therefore be introducing a bunker recovery approach. The company says that the expected bunker consumption of its fleet and...

Argus launches IMO 2020 compliant marine fuel assessment
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Argus launches IMO 2020 compliant marine fuel assessment

Energy and commodity price reporting agency Argus has launched a low-sulphur fuel oil (LSFO) price assessment for the shipping fuel market in Singapore. Argus reports that its LSFO 0.5 per cent price is the first assessment to be launched for new fuels that will be needed to comply with the IMO’s global 2020 cap on...

CMA CGM to review fuel surcharge policy
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CMA CGM to review fuel surcharge policy

CMA CGM will review its sales policy regarding fuel surcharges in response to increasing prices of fuel. The company will favour the use of low sulphur 0.5 per cent fuel for its fleet, invest in LNG to power some of its future containerships on order, and install several scrubbers in response to the IMO’s global...

Sulphur surcharges deemed unjustified and unfair by BIFA
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Sulphur surcharges deemed unjustified and unfair by BIFA

The recent sulphur surcharge, in response to rising fuel costs, has been deemed ‘unjustified’ and as ‘blatant profiteering’ by the British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies. AP Moller Maersk was the most recent company to announce last week that it was introducing a new bunker adjustment...

Parker Kitiwake launches portable sulphur fuel test kit
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Parker Kitiwake launches portable sulphur fuel test kit

Parker Kittiwake has launched its X-Ray Fluorescence (XRF) Analyser, a portable testing device that measures the sulphur content in fuel in less than three minutes, providing shipowners and Port State Control (PSC) with the ability to conduct laboratory-standard testing on-site. According to Parker Kittiwake, the XRF accurately indicates the level of sulphur in fuel by...

Has shipping set its sights on an LNG-fulled future?
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Has shipping set its sights on an LNG-fulled future?

The IMO’s Marine Environment Protection Committee (MEPC) is meeting this week in London for its 72nd session. The agenda includes discussions on shipping’s decarbonisation and enforcement of the 0.5% global sulphur cap, due to enter into force in 2020. In the last year, bunkering infrastructure for liquefied natural gas (LNG) has undergone rapid expansion and...

BV warns of fuel contamination risks ahead of 2020 sulphur cap
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BV warns of fuel contamination risks ahead of 2020 sulphur cap

As the 2020 Global Sulphur Cap approaches fast, shipowners and operators are urged to consider the side effects of switching from heavy fuel oil (HFO) to low sulphur fuel as evidence of tank contamination and inadvertent non-compliance is brought to light. Like many others, Charlotte Røjgaard, global technical manager, marine fuel services at Bureau Veritas,...

Is non-compliance a financial incentive? Why the 2020 sulphur cap needs tough enforcement
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Is non-compliance a financial incentive? Why the 2020 sulphur cap needs tough enforcement

Non-compliance with the 2020 global sulphur cap is a firm option on the table for consideration, confirms Mr. Svend Stenberg Mølholt, group chief operating officer at Monjasa. As the global 0.5% sulphur cap nears, shipowners and operators are considering which route of compliance makes the greatest operational sense. During a press briefing in Copenhagen, Mr....