Grounding (General Average)
Changes in legislation such as the Emission Control Area (ECA) 0.1 percent sulphur cap and the impending 0.5 percent IMO global sulphur limit are complicating the use, storage and handling of marine fuels. In order to help operators navigate around these issues, ExxonMobil has developed its Insight video series.
The Panama Canal marked the milestone 500th transit through the new locks on Wednesday with the transit of the Yan Ming containership YM Unity. In a statement the Panama Canal Authority said the new neopanamax locks are already exceeding expectations.
As a top bunkering port, Singapore will, from 1 January 2017, implement the mandatory use of the Mass Flow Metering (MFM) system which involve devices installed on all bunker vessels licensed by the Maritime and Port Authority of Singapore (MPA) to deliver Marine Fuel Oil (MFO) to vessels bunkering within the Singapore port waters.
Regulation 12 of MARPOL Annex I was revised in 2011 prohibiting sludge discharge connections to the oily bilge water tanks, tank top or oily water separators for new vessels delivered after 1 January 2014.
French oil major Total, the Ivorian state oil company and four other partners have formally established a consortium to build an LNG import terminal meant to feed the country’s growing electricity consumption.
Singapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1 billion) in loans.
The sea-going vessel Fure West, a chemicals and oil tanker of the Swedish shipping company FureTank, has been bunkered with liquid natural gas (LNG) in the Port of Amsterdam today. This is the first sea-going vessel to bunker with LNG in Amsterdam.
