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LNG Bunkering

Russian firms sign agreement to accelerate use of LNG as marine fuel

Gazpromneft Marine Bunker, Gazprom Gas-Engine Fuel, United Shipbuilding Corporation enter cooperation.

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Gazprom Gas-Engine Fuel, Gazpromneft Marine Bunker and United Shipbuilding Corporation (USC) on Thursday (5 September) entered into a tripartite agreement on cooperation and strategic partnership in the development of Russia’s liquefied natural gas (LNG) fuelled fleet and related infrastructure. 

The memorandum in the framework of the Eastern Economic Forum was signed by Alexey Medvedev, Acting General Director of Gazpromneft Marine Bunker, Oleg Melekhin, General Director of Gazprom Gas-Engine Fuel, and Alexei Rakhmanov, President of USC. 

The agreement provides for scientific and technical cooperation between the parties aimed at the development of production capacities for the creation and construction of ships operating on LNG and LNG infrastructure. 

In accordance with the memorandum, the parties agreed to implement a joint roadmap aimed at developing the bunkering market for ships using LNG. 
The parties to the agreement also plan to work together with shipping companies, potential customers of LNG-powered vessels. 

Another area of ??cooperation is the joint participation in creation and improvement of the regulatory framework for the use of LNG as fuel in Russia. 

Gazpromneft Marine Bunker specialists will conduct a comprehensive analysis of projects to create a liquefied natural gas bunkering infrastructure based on ship-to-ship and shore-ship bunkering schemes. 

Gazprom Gas-Engine Fuel will consider the possibility of providing services related to LNG transportation by road, storage and bunkering from the berth wall using cryogenic mobile automobile gas refuelling vehicles as well as LNG bunker tanker to receiving ships.

USC will analyse the existing technical capabilities for the development, creation and certification of LNG vessels. 

“The share of ships operating on LNG is increasing every year due to the economic efficiency and environmental characteristics of this type of fuel,” said Alexey Medvedev, Acting General Director of Gazpromneft Marine Bunker.

“Gazprom Neft’s cooperation with leading Russian shipbuilders and gas engine manufacturers will contribute to the development of a new market on the one hand through the formation of a domestic LNG fleet, and on the other through the creation of a modern high-tech marine and coastal bunkering infrastructure in the country.”

“We see a significant potential for the use of LNG as a fuel for sea and river vessels, this is due to its economic and environmental advantages,” said Oleg Melekhin, CEO of Gazprom Gas-Engine Fuel.

“The signed Memorandum will allow consolidating the efforts and experience of the parties in this strategically important direction.”

“For shipowners around the world today, three factors are most important: cost-effectiveness, safety and environmental friendliness,” said Alexey Rakhmanov, President of USC.

“High-tech LNG powered vessels are becoming more and more in demand. For our part, we at OSK are ready to build them – for example, we are talking about tankers and icebreakers. The corporation has all the necessary competencies for this.”

Earlier in 2018, Gazpromneft Marine Bunker had already initiated the implementation of an international standard for LNG fuel bunkering in the practice of Russian shipping.

Related: Gazpromneft Marine Bunker adopts ISO LNG bunkering standard

Photo credit: Gazprom Neft
Published: 6 September, 2019

 

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

B100 discount to LSMGO widens to $541/mt in Rotterdam; Singapore’s B100 drops to $106/mt below LSMGO; Rotterdam LBM at $639-833/mt discounts to LSMGO.

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ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

20 July 2026

  • B100 discount to LSMGO widens to $541/mt in Rotterdam
  • Singapore’s B100 drops to $106/mt below LSMGO
  • Rotterdam LBM at $639-833/mt discounts to LSMGO

B100’s premium over HSFO in Rotterdam has narrowed by $50/mt over the past week to $64/mt, while its discount to VLSFO has widened by $83/mt to $105/mt.

B100 has become far more competitive against LSMGO in Rotterdam, with its discount widening by $180/mt over the past week to $541/mt, as a surge in conventional fuel prices left B100 broadly unchanged by comparison.

B100’s price has risen by $109/mt in Singapore, but its discount to LSMGO has still widened by $102/mt to $106/mt, as LSMGO surged by an even greater $211/mt.

Rotterdam’s LNG premium over VLSFO has widened by $35/mt to $201/mt for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, LNG has flipped to a $15/mt premium over VLSFO, from a $22/mt discount the prior week.

Liquefied biomethane (LBM) discounts to VLSFO in Rotterdam have narrowed by $50-52/mt to $203-396/mt over the past week. Against LSMGO, LBM discounts have widened by $45-47/mt to $639-833/mt, depending on engine type.

In Singapore, LNG is now $42/mt cheaper than LSMGO for vessels with Otto MS engines, and $134/mt cheaper for vessels with diesel SS engines.

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Liquid fuels

HSFO and VLSFO prices in Rotterdam have jumped by $66/mt and $99/mt respectively over the past week, while LSMGO has surged by an even steeper $196/mt. A $9.69/bbl ($71/mt) rise in front-month ICE Brent futures, to $87.94/bbl ($645/mt), drove bunker prices sharply higher across the board.

Bunker fuel availability is tight for prompt delivery dates in the ARA ports, with buyers advised to enquire about stems between 5-7 days ahead to get good coverage, a trader said.

Rotterdam’s B100 price has risen by $16/mt over the past week. Dutch ZRE A ticket prices were unchanged at €107.50/mtCO2e.

Singapore’s HSFO and VLSFO prices have risen by $130/mt and $132/mt respectively, while its LSMGO price has gained an even steeper $211/mt over the past week.

VLSFO availability in Singapore has been tight, with several suppliers reporting low stock levels. Recommended lead times have widened from 13–17 days last week to 14–19 days now.

Liquid gases

Rotterdam’s LNG prices have surged by $134-136/mt over the past week, while its LBM prices have climbed by $149-151/mt.

LBM discounts to LNG in Rotterdam have narrowed by $15/mt to $404-411/mt.

Singapore’s LNG bunker benchmarks have surged by $196-197/mt over the past week.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 21 July, 2026

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