Bunkering

The International Maritime Organisation (IMO) has introduced restrictions for marine fuels as part of its attempt to reduce carbon emissions from the shipping industry by 2050. Therefore, shipping companies will have to begin sourcing for alternative, less harmful sources of fuel for their vessels that meet the IMO’s requirements. A recent …

Issues arose from Low Sulphur Fuel Oil adaptation The introduction of the 0.50% IMO global sulphur cap on 1 January was always going to make 2020 challenging. As we entered this new era of environmental legislation, one of the big unknowns was the characteristics and market adaptation to the new …

The Risakvika Liquefied Natural Gas (LNG) index for September rose 0.5% higher than it was for the same period of time in 2019, to €18.92/MWh. This rise is a result of higher gas prices in the European market in light of seasonal demand and lower flows in Ukraine of fuel …

Zhoushan was promoted to the world in 2017 as the next biggest bunker and service hub in China. The multi-phase plan took place by 1st establishing a free trade zone in 2017, that helped reduce customs clearance time and avoid delays in supplying vessels. Further in July 2018, a country-wide …

In June this year, the National Disinfection Programme in the United Arab Emirates (UAE), implemented in the wake of the COVID-19 pandemic, was announced to be completed. Subsequently, Dubai has lifted restrictions for maritime activities in its territory. Dubai Maritime City Authority (DMCA), the governing body in change of regulating …

How to get the best deals out of Marine Online’s Global Shipowner Alliance (GSA) – A Shipping Alliance Collaboration Why do shipowners need Shipping Alliance? In today’s disrupted shipping economy, we noted that shipowners are faced with huge challenges on a daily basis, such as internal inefficiencies with cumbersome processes, …

Japan’s first LNG bunkering vessel was successfully launched by Kawasaki Heavy Industries’ Sakaide Works. Central LNG Shipping Japan Corporation (CLS), a joint venture set up in 2018 by JERA together with “K” Line, Toyota Tsusho, and NYK Line ordered it in July 2018 and it is hoped that it will …

14 May 2020 – The growing maritime e-commerce platform, Marine Online based in Singapore, has organized a “Bunkering Group Buy” campaign for shipowners that aim to reduce bunkering cost, up to 5%. In light of the Covid-19 situation that has affected businesses all over the world, Marine Online’s CEO, Mr. …