BIMCO subcommittee launched to develop bio bunker fuel clause for time charters
Newly formed subcommittee marks a proactive step toward addressing legal and operational challenges posed by the growing use of biofuels in shipping.
Page 63 · articles 3101–3150
Newly formed subcommittee marks a proactive step toward addressing legal and operational challenges posed by the growing use of biofuels in shipping.
System can reduce energy consumption by up to 50% compared to similar technologies and will allow capture of up to 80% of CO2 emitted during ship operation in specific conditions.
Design, which integrates battery-assisted electric propulsion and wind-assisted systems, was developed by Shanghai Merchant Ship Design & Research Institute in collaboration with Almi Marine Management.
‘The shipping industry’s decarbonisation is accelerating, and companies that embrace the transition will thrive,’ states Darcy Wang, Managing Director of E-Marine.

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Appellate Division of the High Court has found Dr Goh Jin Hian not liable to pay up to USD 146 million of the company’s total USD 156 million loss.
MPA says there are no reports of damages, injuries or pollution and the barge, carrying containers, remains stable; beach remains open to public.
As part of MoU, MPA and Yinson intend to exchange relevant data from Yinson’s electric harbour crafts with the MDT to improve modelling and scenario testing, amongst others.
Venture Energy will offer an end-to-end solution to producers seeking to supply customers at core bunkering ports across Asia from plants in the Mainland.
NorthStandard expects to see an increase in the use of ethanol in the marine industry as demand increases for lower carbon fuels to meet maritime regulatory requirements, says Mark Smith.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect, NSI Marine and Transparensea Fuels.
Bunker demand low in Houston; Los Angeles import volumes on rise; deliveries on first-come basis in Balboa.
New research by Lloyd’s Register shows while propulsion energy saving devices could deliver up to 10% fuel reduction, only 1. 74% of the global fleet is currently equipped with rudder bulbs.
Avikus’ Level 2 autonomous navigation system will be combined with ZeroNorth’s voyage and vessel optimisation platform enabling more efficient operations and reducing fuel use and emissions.
Good fuel availability in Scandinavia; tight prompt availability in Piraeus; HSFO very tight in Port Louis.
‘In our return on investment table, you only need a 0. 5% fuel saving to break even on an additives investment with us,’ states the Area Sales Manager of Innospec Limited Branch Office Singapore.

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Hai Yin Marine Pte Ltd will cease to be licensed on and from 18 June and must not continue to operate as a bunker supplier and bunker craft operator within the Singapore Port, says MPA.
Joint and several liquidators were appointed for the company at an extraordinary general meeting held via electronic means on 27 May, according to Government Government notice.
Water Content Analyser technology measures and reports concentration of water in methanol when used as a marine fuel, helping ship operators take action to minimise associated risks and costs.
SAAM Towage says the electric tug, powered by lithium-ion batteries, has embarked on its voyage from Tuzla, Turkey, to Puerto Montt, Chile, a journey that will last around 45 days.
VLSFO and LSMGO availability good in Port Klang; VLSFO availability improves in Zhoushan; prompt supply is tight across several Japanese ports.

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‘This renewal is more than a corporate social responsibility initiative. It’s a commitment to be present, engaged, and trusted in the lives of our seniors,” said Henry Song, CEO of Nunchi Marine.
Partnership will deliver HVO100 and B100 to key ports across Denmark, southern Norway, Sweden, and northern Germany, which will be supplied via truck with barge deliveries set to follow in near future.
Each vessel features an integrated Berg energy management system and tailored total propulsion package; NCL partnered with Equinor to supply bio-methanol—starting with a 5% blend.
Global Service by WinGD will support ship operators by maximising the ‘profit-making potential’ of their engines and vessels, maintaining optimal efficiency and extending the compliant lifetime of their assets.
Both will focus on building a green energy supply chain between India and Northwestern Europe via Rotterdam, which includes supply of green bunker fuels.
Rotterdam’s B100 is $160/mt cheaper than VLSFO; LNG and LBM prices drop $11-13/mt; LBM cheapest option for dual-fuel ships in Rotterdam.

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Platts has included the vessel as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuels from 30 May.
Construction works of the first green hydrogen production station in Lithuania and the Baltic region will start in June following a construction permit has been received.
Moeve signs an agreement with Armas Trasmediterránea to supply 2G marine biofuels, with 40,000 mt to be delivered through December 2025 – marking Moeve’s first biofuel supply in Canary Islands.
New insight brief from Getting to Zero Coalition and GMF found dual-fuel ships running on LNG and ammonia will be the most cost-competitive options before the mid-2030s, with ammonia taking the lead from around 2037.

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Other companies involved in the matter are Rui Ning Marine and Xiang Ning Marine; creditors of the companies are required on or before the 30 June to send in their details to liquidators.
Steve Bee explores if the greater demand for marine gas oils/distillates would lead to poorer fuel quality following the recent implementation of the new Mediterranean ECA.
Guidelines positions Italy as the first European country to establish a national guideline for ship-to-ship bunkering operations that covers all ports.
All Panama-flagged vessels with a gross tonnage of 150 or more must notify the Flag State with key data, including identity of participating vessels, at least 48 hours in advance of any planned STS operation.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect, NSI Marine and Transparensea Fuels.
US importers face tariff uncertainty; HSFO extremely tight in Balboa; Ecuador's largest refinery halts operations.
Ofiniti has partnered with Azane Fuel Solutions to build the digital delivery for its ammonia bunkering expansion across Scandinavia - including Azane’s first projects under development in Norway.
Singapore-based NSL OilChem Waste Management, the environmental services arm of SGX-listed NSL Ltd, filed for a winding up application against Prosper Marine in 2020.
Annual general meetings of companies/creditors will be held electronically on 11 to 12 June for Xin Guang Shipping and An Xing Shipping, according to Government Gazette notices.
Being part of Northstar, AZURenergies can now invest more in infrastructure and accelerate the delivery of next-generation marine fuels, including biofuels and renewable energy solutions.
Deal comes as part of Excelerate Energy’s purchase of New Fortress Energy’s LNG import and power businesses in Jamaica, where the vessel is expected to remain employed there.