Marine Fuel News

ABS Wavesight, the ABS-affiliated software-as-a-service (SaaS) company, has been chosen by Navilands Group to provide a single integrated platform to help streamline compliance with the FuelEU Maritime Regulation and EU Emissions Trading Scheme (ETS) requirements.Navilands will implement the Carbon Diligence suite, part of the new ABS Wavesight Advantage platform, across a selection of bulkers and containerships, with further expansion planned by year-end.As of January 1, 2025…

In the high-stakes world of marine fuel procurement, where average deliveries can exceed $1 million, precision and accountability are everything. Veritas Petroleum Services (VPS) has been conducting Bunker Quantity Surveys (BQS) since 1987 and has delivered close to 200,000 surveys across the globe.In a recent analysis of 10,000 VPS surveys, results show that a single vessel could save up to $145,000 per year by identifying short deliveries, detecting density discrepancies, and properly measuring remaining onboard fuel (ROB).

Sales of marine bunker fuel in Singapore dipped slightly in the first half of 2025, official data showed on Monday, as shipping uncertainties in the wake of global tariffs capped demand, particularly in the first quarter.Total sales at the world's largest refuelling hub for ships stood at 26.98 million metric tons in January to June this year, dipping 1% from 27.19 million tons in the same period last year, data from Singapore's Maritime and Port Authority showed. Conventional fuel sales…

Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.Marine fuel sales jumped last year due to Red Sea disruptions that made shipping companies take longer routes.But demand for those fuels, also called bunkers, could flatline at around 5 million barrels per day (bpd) in 2024-2030, because of weak underlying shipping growth and rising costs from tougher maritime environmental standards…

Marine fuel sales at the United Arab Emirates' Fujairah port hit a three-month low in May, data showed, while market sources said they are monitoring the situation in June as conflict flares between Israel and Iran, heightening regional tensions. Bunker sales, excluding lubricants, totalled 614,296 cubic metres (about 608,000 metric tons) at the Middle Eastern bunker hub in May, based on Fujairah Oil Industry Zone (FOIZ) data published by S&P Global Commodity Insights. The volumes were down 8.2% from April and by 0.2% from May last year.

The successful completion of the first-ever ship-to-ship transfer (STS) of ammonia at anchorage in Western Australia, as part of the maritime decarbonization initiative led by Global Centre for Maritime Decarbonization (GCMD), has marked a major milestone in paving the way for ammonia as a viable marine fuel.Under the supervision of the Pilbara Port Authority (PPA), the pilot took place within the anchorage area of Port Dampier, simulating real-world bunkering conditions and demonstrating…

How does ammonia behave when it leaks in an engine room? How does a cloud of escaped ammonia disperse during bunkering operations? These and many other critical safety questions that must be understood if ammonia is to become widely adopted as a marine fuel are addressed in ABS' latest research.Safety Insights for Ammonia as a Marine Fuel brings together the findings of advanced ABS research into the performance of ammonia on board.ABS performed computational fluid dynamics (CFD)…

Marine fuel sales at the Fujairah port in the United Arab Emirates recovered in March, after hitting a record low in February, latest data showed. Volumes, excluding lubricants, totalled 639,811 cubic metres (about 634,000 metric tons) at the world's third largest bunker hub, showed Fujairah Oil Industry Zone (FOIZ) data published by S&P Global Commodity Insights. The volumes in March were 15.5% higher than February, logging seven-month highs. Sales of 380-cst high-sulphur marine fuel rose 17.9% from February to about 168,000 cubic metres in March, while low-sulphur marine fuel sales, including low-sulphur fuel oils and marine gasoils, climbed 14.6% to about 472,000 cubic metres.The market share of high-sulphur bunkers was stable at 26% in March, while low-sulphur bunkers comprised 74%.

CIMAC WG 7 Fuels has released a new guideline titled “Frequently Asked Questions (FAQ) - ISO 6583:2024: Methanol as a Fuel for Marine Applications – General Requirements and Specifications.”With the publication of ISO 6583:2024 in November 2024, the first standard for methanol as a marine fuel, numerous questions were expected to arise. Consequently, ISO/TC 28/SC4/WG18 requested CIMAC WG 7 Fuels to support the standard and the marine industry by creating a FAQ document. CIMAC WG 7 Fuels formed a sub-group…

Licensed bunker tankers operating in the Singapore port will be allowed to carry and deliver up to 30% blended marine biofuel (B30) from Friday, a circular from the Maritime and Port Authority of Singapore (MPA) showed.Conventional tankers were previously allowed to carry a maximum of 24% blended biofuel.The move was in line with an update to the latest requirements for carriage of biofuel blends by the International Convention for the Prevention of Pollution from Ships (MARPOL), the MPA circular said.However, bunker suppliers and craft operators will still be required to seek approval from th

The United States Department of Energy (DOE) has announced an order that removes barriers for the use of liquefied natural gas (LNG) as marine fuel to power vessels.The order issued by DOE modifies a prior order issued to JAX LNG under the previous administration that asserted new oversight for the use of LNG to power marine vessels, also known as LNG bunkering.“Today’s action is a significant step in reducing regulatory burdens and helping this important segment of the LNG market continue to grow…

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping companies to divert vessels around southern Africa rather than through the Red Sea, according to data and analysts.Singapore bunker volumes logged fresh highs of 54.92 million metric tons in 2024, or about 955,000 barrels per day (bpd), while sales at United Arab Emirates' Fujairah posted the first annual uptick after a downtrend for several years.Rotterdam marine fuel sales rose 12% in the first quarter of 2024 to 2.16 million tons, or about 38,000 bpd from the previous three

Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.Sales totalled 54.92 million metric tons in 2023, data from the Maritime and Port Authority of Singapore (MPA) showed. Total sales surpassed a previous record of 51.82 million tons in 2023.Container throughput climbed to 41.12 million twenty-foot equivalent units (TEUs) in 2024, also logging new highs.

Mining giant Rio Tinto has entered an agreement with the oil major BP to start a one-year biofuel trial to reduce carbon emissions from Rio Tinto’s marine fleet. Under the trial, BP is supplying Rio Tinto with marine biofuel for approximately 12 months. The fuel will be trialed on Rio Tinto’s RTM Tasman bulk carrier on a mix of Transatlantic and Atlantic-Pacific routes, in what has been described as "one of the longest-duration marine biofuel trials to date." "Sustainable biofuels…

A major bunker fuel contamination has affected at least 14 shipping vessels that received high sulfur fuel oil (HSFO) from Singapore, fuel, and oil testing firm Veritas Petroleum Services (VPS) said.The company said an increasing number of ships were getting affected by the tainted bunker fuel after 34 vessels were identified to have received HSFO deliveries from two unnamed Singapore suppliers over the last two months that were contaminated with up to 2,000 parts per million…

China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur fuel oil by 30%, industry sources said on Tuesday.The deep cuts to refined fuel, largely expected by the market, was in line with the Chinese government's recent policy to curb excessive domestic refinery production amid a broad plan to reduce carbon emissions, the sources said.Quotas for refined fuel exports totalled 13 million tonnes under the batch…

ExxonMobil has started barge deliveries of two grades of IMO-compliant, low-sulfur marine fuel, namely, DMA 0.001%S [Ultra Low Sulfur Marine Diesel] and DMB 0.01%S [Low Sulfur Marine Diesel] at the Port of Tauranga, New Zealand, enhancing its offer in the Asia Pacific region.The arrival of MT Kormako, the first and only bunker barge in Port of Tauranga, enhances ExxonMobil’s bunkering operation at the Port of Tauranga as fuel deliveries are now available for vessels berthed at Sulfur Point along with land-based refuelling for those moored at the port.

Japan-based Itochu Corporation has this week formed a joint study framework of 23 companies and organizations with the objective of collaboratively discussing common issues in pursuit of the utilization of ammonia as an alternative marine fuel, Bureau Veritas said Friday.The aim of the Joint Study Framework is to verify and organize common issues regarding the use of ammonia as a maritime fuel, which is a new challenge for maritime stakeholders. Also, BV said this was a step toward…

Ship Carbon Recycling Working Group of Japan's Carbon Capture & Reuse Study Group has said that carbon recycled methane produced by methanation technology can be recognized as zero-emission ship fuel.Methanation has been described as a technology for synthesizing methane, the main component in natural gas, by causing a chemical reaction between hydrogen and CO2 in a reactor vessel filled with a catalyst.It uses emitted CO2 separated and captured from industrial facilities. As the CO2 generated when combusting synthesized methane is considered to be offset by the separated and captured CO2…

Global demand for oil-based marine fuels is set to fall in the next three decades as stricter carbon emissions rules for the shipping industry kick in and alternative fuel use climbs, consultancy Wood Mackenzie said on Friday.The U.N.'s International Maritime Organization (IMO) is set to formally adopt energy efficiency regulations in June that aim to reduce the carbon footprint of new and existing ships by 40% by 2030 compared with 2008 levels.By 2050 the IMO aims to reduce the…

China's Shanghai International Energy Exchange (INE) said on Thursday it had signed an agreement with PetroChina International Co Ltd to cooperate on the overseas delivery for its low-sulfur fuel oil futures contract.Both parties have reached a consensus on cross-border overseas delivery for the marine oil and see the move as an "important foundation" for China's first futures delivery "going global", Shanghai Futures Exchange-owned INE said in a statement.This would be the first time a Chinese futures contract would be deliverable outside of China, which could boost the liquidity and increase

The United Nations shipping agency on Friday approved a ban on the use of heavy fuel oil in the Arctic region in a move criticized by green groups which said loopholes will allow many vessels to keep sailing without enough regulatory control.Antarctic waters are protected by stringent regulations, including a ban on heavy oil fuel (HFO) adopted in 2011, even though no cargo moves through the turbulent southern waters. For the Arctic, the rules have been looser.In a virtual session…

Sales of marine fuel from the Chinese port of Zhoushan, the country's top supplier of shipping fuel, in the first nine months of 2020 rose nearly 18% from a year earlier, a local government official said on Wednesday.Zhoushan supplied 3.26 million tonnes of bonded marine fuel from January to September, the official said, declining to be identified since he is not a spokesman.China aims to build Zhoushan, an archipelago city in east China's Zhejiang province, into a regional ship fuel hub to rival Singapore as the world's largest shipping, or bunker, fuel center.But marine fuel demand took a hi