Fuels & Lubes

Europe’s First Green Methanol-Powered Feeder Network Grows with “Green Baltic X-PRESS”

  • X-Press Feeders is expanding its green methanol-powered network with the launch of the Green Baltic X-PRESS (GBX) route, starting August 23, using their new dual-fuel vessel, Eco-Umande.
  • The GBX route will connect Rotterdam, Antwerp-Bruges, Klaipeda, Riga, and Rotterdam, complementing the existing Green Finland X-PRESS.
  • This move supports X-Press Feeders’ commitment to reducing greenhouse gas emissions and aligns with new EU maritime regulations.

X-Press Feeders has made strides in sustainable...

https://mfame.guru/europes-first-green-methanol-powered-feeder-network-grows-with-green-baltic-x-press/

Reducing Sludge to Under 1%: China’s Proposal to IMO

  • China proposes setting a limit of less than 1% for fuel oil residue/sludge to improve the accuracy of CII calculations.
  • China’s study found sludge levels on ships ranged between 0.39% and 2.26%, potentially increasing with poor quality blended fuels.
  • The proposal will be discussed at the upcoming IMO’s MEPC 82 meeting in London.

China has proposed that residue or sludge content in fuel oil should be restricted to less than 1% to prevent it from skewing the fuel oil consumption data used in...

https://mfame.guru/reducing-sludge-to-under-1-chinas-proposal-to-imo/

BUNKER FUEL ADULTERATION

Inspite of tighter controls on specifications, inspite of multiple other activities to prevent adulteration of bunker fuels, it looks like the excess profit that adulteration provides is too much temptation for many suppliers.

Even in the last couple of months, fuels supplied in New Orleans and earlier on in Houston carried multiple adulterated substances which have cause extensive damage to fuel systems of marine engines. Only by carrying out multiple tests and by doing the GCMS and other...

https://mfame.guru/bunker-fuel-adulteration/

Future of Maritime Fuels

  • New regulations require maritime operators to report and reduce carbon impact
  • It poses challenges due to increased CAPEX and uncertain earning potential from carbon reduction technology.
  • Stakeholders debate future fuels; methanol for energy density, batteries for toxicity concerns.
  • Success in electrifying vessels, particularly in public transport boats and harbor tugs, with limitations on range and infrastructure.

One challenge is that carbon reduction technology often demands higher capital...

https://mfame.guru/future-of-maritime-fuels/

BP Doubles Down On Hydrogen As Fuel Of The Future

Credits: Viktor Kiryanov/ Unsplash
  • BP has overhauled its structure to create a dedicated hydrogen division led by Felipe Arbelaez which includes 150 staff.
  • BP’s project at its Whiting refinery will initially replace around 200,000 tonnes of grey hydrogen used by the refinery every year with blue hydrogen.
  • BP acquired in June a 40.5% stake in a 26 gigawatt renewables project in Australia that could produce green hydrogen.

BP chief executive Bernard Looney is betting on hydrogen to power future...

https://mfame.guru/bp-doubles-down-on-hydrogen-as-fuel-of-the-future/

Gasum Continues Negotiations For Natural Gas supply Contract

Credits: American Public Power Association/ Unsplash
  • Gazprom Export presented Gasum with a demand to pay the payments in rubles instead of euros.
  • Gasum refused this demand and also had significant disagreement regarding other demands in the agreement.
  • For the time being Russian natural gas deliveries will not continue in accordance with gasum’s supply contract.

Gasum has a long-term natural gas supply contract with Russian Gazprom Export. Last April, Gazprom Export presented Gasum with a demand...

https://mfame.guru/gasum-continues-negotiations-regarding-natural-gas-supply-contract/

Is Neglecting The Fossil Fuels The Right Energy Transition?

  • Increase in prices have pushed forth an energy-saving behaviour among the power consumers.
  • DNV is looking forward to catalyzing the green shipping corridors and hydrogen ecosystems as an independent provider of technical support.
  • Deglobalisation Has no effect on the ongoing energy transition happening currently.

The current turbulence in energy markets is not insignificant. However, Europe will accelerate its transition to a renewable-dominated power system, but higher energy prices may deter...

https://mfame.guru/is-neglecting-the-fossil-fuels-the-right-energy-transition/

NYK Focuses On Alternative Marine Fuels At SIBCON 2022

  • SIBCON is one of the world’s largest conferences on marine fuel supply hosted by the Maritime and Port Authority of Singapore.
  • NYK has launched its new “NYK GREEN EARTH” brand to emphasize NYK’s ESG efforts to create new value initiatives for low carbon and decarbonization.

NYK Participates in Discussions on Alternative Marine Fuels at International Conference, reports NYK.

SIBCON 2022

Singapore International Bunkering Conference & Exhibition (SIBCON 2022) was held from October 4 to 7. NYK...

https://mfame.guru/nyk-focuses-on-alternative-marine-fuels-in-sibcon-2022/

$100/barrel Landmark Oil Price Possible?

  • Oil prices lurching back to $100/barrel is now a distinct possibility, says analysts.
  • Prices are up so far this year due to vaccines roll out and demand in major economies, particularly the U.S. and China.
  • Last year, oil demand saw a historic drop of 8.8 million barrels/day.
  • Brent and WTI are now up between 40% and 45% this year.
  • Consumers have other options as prices for electric vehicles come down, and oil prices go up.
  • Forecasts of $100 barrel oil rest on assumptions of strained supply and...

https://mfame.guru/100-barrel-landmark-oil-price-possible/

DHL Adds Sustainable Marine Fuel Option

  • DHL Global Forwarding is offering to reduce its main haul carbon emissions with the use of Sustainable Marine Fuels for ocean freight.
  • Customers can now decarbonize their complete ocean freight supply chains.
  • The new service offers a fuel-switch on behalf of the customer.

The use of sustainable marine fuels is an important lever for DHL Global Forwarding to reduce the environmental footprint of ocean freight, says a press release published on their website.

Sustainable Marine Fuel (SMF)...

https://mfame.guru/dhl-adds-sustainable-marine-fuel-option/

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