Japan’s First Dual LNG/VLSFO Bunkering Vessel Launched

Ecobunker Shipping, a Japanese operator of LNG bunker vessels, launched its first unit at the Fukuoka Shipbuilding yard, reads a press release on their website.

Ecobunker Tokyo Bay

The company, a joint venture between Uyeno Transtech, Sumitomo, Yokohama Kawasaki International Port Corporation and the Development Bank of Japan, held a naming and launching ceremony.

The Ecobunker Tokyo Bay is a multi-bunker vessel capable of both LNG and VLSFO bunkering. The 955-metre-long vessel is capable of...


EC Allocates €27 million for LNG Bunker Projects

Europe funds two Spanish LNG bunker projects, reports Ship & Bunker.

Spain LNG projects

The European Commission (EC) has allocated €27 million in funding for two LNG bunker projects in Spain.

LNGhive2 initiative

Part of the LNGhive2 initiative to develop the LNG marine fuel market in southern Europe, the funds come via the Connecting Europe Facility (CEF) and will be used to develop LNG bunkering assets in Barcelona and Algeciras.

LNG as a future marine fuel has grown in recent years as the...


Shell Inks Charter Deal for Six Newbuild LNGs

  • Shell Tankers has agreed to long-term charter contracts for six newbuilds LNG carriers.
  • Agreements for two LNG ships have been signed with affiliates of Knutsen LNG.
  • LNG ships will be built by Hyundai Heavy Industries and Hyundai Samho Heavy Industries.
  • It is equipped with efficient dual-fuel X-DF engines and state-of-the-art features.
  • Design and addition of energy efficiency technologies will provide the best emissions performance in their class.

Shell Tankers has agreed to long-term charter...


ΗΠΑ-Κίνα: «Ναυαγεί» η εμπορική τους συμφωνία;

Σημαντικά πίσω σχετικά με την εκπλήρωση των όρων της προβλεπόμενης εμπορικής της συμφωνίας με τις ΗΠΑ, βρίσκεται η Κίνα σύμφωνα με το Reuters. Η εν λόγω συμφωνία περιελάβανε την αγορά αμερικανικών προϊόντων ενέργειας, αξίας 25,3 δισ. δολαρίων. Παρόλα αυτά, δημοσιεύματα κάνουν λόγο για κάλυψη μονάχα του 5% του προαναφερθέντος ποσού, γεγονός που αναμένεται να δυσχεράνει τις ήδη τεταμένες σχέσεις Ουάσιγκτον-Πεκίνου.

Σύμφωνα με τα στοιχεία του Reuters, οι κινεζικές αγορές αμερικανικού αργού, LNG και...


Newport Shipping Eyes On Achieving IMO 2050 Decarbonization Goals

Newport Shipping LNG as fuel

Newport Shipping offers a full range of services for LNG conversions for clients to meet the challenge of achieving the IMO 2050 decarbonization goals.

The International Maritime Organization’s (IMO) 2050 targets, through its marine pollution protocol (MARPOL), is seeking to cut emissions to zero by 2050.

This target has been adopted by member states to address pollution in the oceans. The target is increasingly being used as an all-encompassing and expanding regulation to reduce emissions to the...


“Bureau Veritas Solutions Marine & Offshore (greek branch) participating at the ETYFA FSRU project at Vasilikos Bay”

“Bureau Veritas Solutions Marine & Offshore (greek branch) participating at the ETYFA FSRU project at Vasilikos Bay”

The Natural Gas Infrastructure Company (ETYFA) of Cyprus completed the evaluation process of the “Owner’s Engineer” competition on July 31st 2020 and identified the consortium “Hill International N.V. and Bureau Veritas Solutions Marine & Offshore Greek branch” with subcontractors Tractebel and Gazocean. 

The team of supervising engineers, which undertakes the project of...


How The Marine Fuel Market is Witnessing A Structural Change?

  • GazpromNeft Marine Bunker plans to strategise its business activities for the future.
  • The architecture of the marine fuel market has changed over the past six months.
  • Bunkering companies operate in new economic conditions.
  • LNG is emerging as an alternative to traditional oil products.
  • Gazprom Neft includes 10 bunkering vessels, 2 high-tech icebreaking support vessels.
  • 2020 had a significant impact on the sales structure and the capacity of the marine fuels market.
  • There was a decrease in...


Prediction of Future LNG Prices from Forward Curves

  • U.S. exports of LNG commenced with the arrival to the market of the first Sabine Pass cargoes.
  • It increased the global liquefaction capacity by 25%.
  • US LNG will rise to nearly 1/3 of all LNG supply.
  • Platts JKM and GCM provide market-based future LNG prices.
  • It extends over 48 forward months, provides clients with a market value.
  • It is obtained from Platts editorial market knowledge and quantitatively-derived forward curves available within DLF.
  • Forward curves for JKM reflect tenors further out...


Το πρώτο παγοθραυστικό πλοίο μεταφοράς LNG στην Ιαπωνία

Η Mitsui O.S.K. Lines ανακοίνωσε στις 27 Ιουλίου ότι το ice-breaking LNG carrier «Vladimir Rusanov» προσέγγισε για πρώτη φορά τον τερματικό σταθμό LNG Ohgishima, ο οποίος βρίσκεται εντός του Tokyo Bay στην Ιαπωνία.

Το εν λόγω πλοίο βρίσκεται στην από κοινού ιδιοκτησία και διαχείριση των εταιρειών MOL και China COSCO Shipping Corporation Limited, ως μέρος του Yamal LNG project. H προσέγγιση στον τερματικό σταθμό Ohgishima πραγματοποιήθηκε στις 23 Ιουλίου και αποτελεί την πρώτη στην ιστορία...