Saturday, November 9, 2024

Heavy Fuel Oil News

Cyprus and Greece sign an agreement on the 'world's largest' subsea cable

The energy ministers of Greece and Cyprus announced on Saturday that they had signed a Memorandum of Understanding (MoU), which will allow them to proceed with the construction…

Sources say that Cyprus is considering ending the monopoly on gas imports to tackle project delays.

Cyprus is looking for a way to quickly resolve the serious delays that have been experienced in getting natural gas to the market. The efforts to introduce natural gases to…

LPG: Dual-Fuel Engines Prove Their Worth

2022 was the first year all 15 VLGCs of BW LPG’s dual-fuel LPG retrofitted ships were sailing. Image courtesy of BW LPG

BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW…

Tech File: Wärtsilä Delivers Last of 15 LPG Fuel Supply Systems

BW Malacca, the last vessels in the series of 15 Very Large Gas Carriers (VLGC’s) retrofitted with Wärtsilä LPG Fuel Supply System © BW LPG

Wärtsilä said it completed delivery of its liquefied petroleum gas (LPG) fuel supply system (LFSS) to 15 very large gas carrier (VLGC) vessels owned and operated by BW LPG,…

VLSFO Plus Older Engines Can Presents New Maintenance Challenges

Piston with scuffing and deposits. Photo courstesy Chevron

As shipowners mull the pros and cons associated with new fuels to meet tightening emissions rules, Chevron Marine is finding that some ship owners that switched older engines…

LNG and Shipping Decarbonisation Target

Though liquefied natural gas (LNG) could help the shipping industry to reach its decarbonization target, it could wreck the climate, finds a study.According to a research by…

LNG Suited for Select VLCC Routes

SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude Carriers…

German Shipping to Use LSFO

The vast majority of ships in the German fleet will run on the new sulfur-reduced fuel (Low Sulfur Fuel Oil, LSFO) from 1 January at the latest. This is one of the findings…

K Line, FueLNG Team-up on LNG Bunker

Japanese shipping firm Kawasaki Kisen Kaisha (K Line) has announced that it has concluded a ship management agreement with FueLNG Pte Ltd for a 7500 m3 LNG bunkering vessel…

Germany Mulls Onshore Power in Seaports

German federal government took a step to make onshore power in seaports more attractive; this week the environment ministers of the federal and state governments will be meeting…

IRENA: Shipping Industry Must Cut Emissions

The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in line with…

B.C. Backs LNG Bunkering

The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering – facility on…

Golar Power Wins Brazil Plant Gig

Golar LNG, a liquefied natural gas shipping company registered in Bermuda, said that its joint venture with Stonepeak Infrastructure Partners, Golar Power Limited has been awarded…

Green Group Asks Cosco to Avoid HFO in Arctic

Clean Arctic Alliance has sent its second letter to Cosco, in which the NGOs urge the Chinese liner company to make public what fuel types its vessels use in the Arctic.Responding…

Eagle LNG Receives Draft EIS

Eagle LNG, a wholly owned subsidiary of Ferus Natural Gas Fuels, informed that the United States Federal Energy Regulatory Commission (FERC) granted the company their draft…

Study Shows LNG Forming Pathway to IMO 2050

Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well…

LNG Bunkering Takes Off in Rotterdam

The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile, the sale of…

'World's First' Zero Emission Marine Biofuel Test Successful

Netherlands-based supplier of sustainable low carbon marine fuels GoodFuels Marine in conjunction with bulker and tanker owner and operator NORDEN A/S,  has successfully completed…

Shipping Industry Welcomes EU Support to Green Fuel

The shipping industry and the European Independent fuel suppliers welcome the European Parliament’s support to incentivize the uptake of low-carbon and carbon-free alternative…

Hedge Funds Buying Oil Despite Trump's OPEC Comments

File Image: AdobeStock / © Kasto

Hedge funds continued to boost their bullish position in crude and fuels last week despite a call from U.S. President Donald Trump for OPEC to "relax and take it easy".Hedge…