Ship and Bunker
The Shipping Industry
The entire shipping industry does have a set of fuel standards to abide by. This includes the adherence to Sulphur regulations. It is important to understand that the entire shipping sector is responsible and it is required to lower fuel Sulphur. The reduction must be at 0.5 percent of the content. (this is on a global basis for the year 2020). Bunkering does play a vital role within this industry. Bunkering is a term that is referring to the following:
- supplying fuel for ship use
- involves shipboards logistics and loading fuel
- the distribution of fuel
Oil does play a role in this entire industry. The rising cost of oil, needed fuel and various other factors have a great impact on the entire shipping industry. Keep in mind that oil prices have been known to rise and fall quickly and every industry is wise to be informed and up-to-date on all happenings within their particular area. It is important to understand that each new year is going to bring various new updates in terms of the methods that ships need to be run. The condition of the environment does play a vital role in the updating of guidelines and standards. The IMO (International Maritime Organization) has been gradually reducing emissions from ships. The changes, within standards, have been occurring since the year 2005.
Also, the safety plays an important role in terms of bunkering in the shipping industry. In order to avoid oil spills, the bunkering process must be conducted in a very strict and specific manner. For example, this concerns mooring the ships properly. The rope manufacturer Dynamica-Ropes produces specialized fiber ropes which are useful when ships have to be moored safely due to the ropes’ unique structure.
2020 Emission Regulations
Emission regulations, for the shipping industry, are set in place in order to abide by the environmental guidelines. New regulations have the goal of controlling the pollution that is being produced by vessels around the globe. In January of 2020, A new IMO rule was made. The idea was to ban any shipping vessels that had a Sulphur content above 0.5 percent. This may be flexible if exhaust-cleaning systems are equipped within them. This came as a drastic change and was not necessary warmly welcomed. The industry was required to;
- fuel product in order to maintain the stringent guidelines
- any vessel, found in violation, risks impoundment
- additional police visits
After the new rule had been announced, many believed that the entire economy was going to experience a huge disruption. Maritime transport is indeed vital to the economy as a whole. According to the United Nations;
- over 90pc of the world carries trade via the sea (across the entire globe)
- the sea is the most effective way to transport, move raw materials and goods
New rules come with added predictions because any change, within the shipping industry, does indeed impact the planet.
United Arab Emirates (UAE) and Oil
When talking about global oil markets, the United Arab Emirates is quite a strategic player. The United Arab Emirates gets classified among the world’s top ten international crude producers.
Red Sea Bunkering
Red Sea Bunkering is a part of the more massively conglomerate Great Horn Investment Holding Group, which has its base operations in the United Arab Emirates.
Ambiguous Furture for LNG
A tanker ship can typically carry as much as 1 million to 2 million gallons of fuel, and being able to stop either at a port or to have a bunker vessel bring combustibles to them is critical.
What is Gulf Bunkering?
The purpose of Gulf Bunkering is quite simple – we are here to provide information about the shipping industry, more specifically, the bunkering industry.
Bunker oil refers to the fuel that container ships and other large vessels use. The re-fueling of such ships is called bunkering, and this is a well-planned and very important process for the whole shipping industry.
Feel free to browse through our different articles, which all aim to provide valuable information about the bunkering and shipping industry.