Hy2gen, Technip Energies want to produce renewable fuels for maritime use

Hy2gen and Technip Energies are launching the feasibility studies phase for the Hynovera project, which aims to produce renewable fuels for aviation and maritime use on an industrial scale.

The post Hy2gen, Technip Energies want to produce renewable fuels for maritime use appeared first on Offshore...

https://www.offshore-energy.biz/hy2gen-technip-energies-want-to-produce-renewable-fuels-for-maritime-use/

LSFO Demand To Spike As Coal Plants Shuts Down

  • Korea East-West Power raises December LSFO purchases
  • Coal plants shut down will trigger LSFO demand which eventually result in higher purchase 
  • IMO 2020 transition, local ECAs spur LSFO demand
  • Refiners’ run cuts support 0.5% sulfur marine fuel prices

According to a Platts report, the planned shutdown of some coal-fired power plants in South Korea is likely to propel low sulfur fuel oil demand, which has already seen an increase due to stricter environmental rules in international shipping as...

https://mfame.guru/lsfo-demand-to-spike-as-coal-plants-shuts-down/

EPIK GasDoc Project To Launch LNG Bunkering Business

  • EPIK to add LNG bunkering services to its proposed Newcastle GasDock LNG import terminal providing a platform for clean marine fueling at the Port of Newcastle.
  • GasDock project provides a strong foundation for an LNG bunkering business on Australia’s East Coast and would be a first for the region.
  • The Port of Newcastle, an industrial hub and economic engine for NSW, provides an ideal location to grow clean LNG bunker business.
  • Newcastle GasDock LNG import project on schedule to address...

https://mfame.guru/epik-gasdoc-project-to-launch-lng-bunkering-business/

China To Offer Tax Waiver For Export Of Cleaner Ship Fuel

According to an article published in Nasdaq, China has approved a long-awaited tax waiver on exports of cleaner ship fuel.

Boosting clean fuel output

It has also paved the way for refiners to boost output, though Beijing may initially limit shipments to focus on growing its coastal marine fuel market, state refiner officials say.

Ships globally have switched to lower sulphur fuels, or use emissions-removing devices, to comply with new rules imposed by the International Maritime Organization this...

http://mfame.guru/china-to-offer-tax-waiver-for-export-of-cleaner-ship-fuel/