Oil and gas major Shell sees a growing commitment to LNG as marine fuel and bio and synthetic options would make it “a robust step” in meeting IMO CO2 targets.
Oil major Chevron has revealed that it will offer the IMO 2020-compliant 0.5% sulphur bunker fuel by the end of the third quarter, reports said.
With the IMO 2020 implementation day approaching, oil major Shell announced that it has carried out 19 successful trials of its very low sulphur fuel oil (VLSFO) at key ports globally.
Russia’s Sovcomflot Group has concluded a new $297m financing facility with three international banks for its two new-generation 174,000 cu m LNG carriers which will operate under long term charters to oil major Shell.
Dubai-based Tristar Group has ordered six newbuild 25,000-dwt oil and chemical tanks at Hyundai Mipo Dockyard on the back of long term charters with oil major Shell.
FueLNG, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Shell Eastern Petroleum, has achieved Singapore’s 100th truck-to-ship LNG bunkering operation in accordance with the Technical Reference (TR) 56 standard for LNG bunkering in Singapore.
Shell Marine will introduce its new two-stroke engine cylinder oil dedicated for use with ship engines running on 0.5% sulphur fuel into the Singapore market this year, ahead of the IMO 2020 regulation.
Six Dutch multi-nationals, including Shell and Heineken, have teamed-up with AP Moller – Maersk for the largest ever maritime biofuels pilot on a Triple-E containership between Rotterdam and Shanghai.
Shell Marine has announced that the use of its marine lube oils by China-based ro-ro operator Hainan Strait Shipping has reaped savings to the equivalent of around $123,000 annually for the shipowner.
Shell has inked charter contracts for six LNG carriers with Sovcomflot and TMS Cardiff Gas, with the latter announcing the order four newbuildings in South Korea to fulfil the charters.