VPS has reported an increase in shale oil components in Singapore’s VLSFO marine fuels, raising concerns despite no operational issues. Testing revealed 90,000 metric tons containing Estonian Shale Oil compounds, leading to elevated acid numbers. VPS recommends enhanced monitoring and clarification from suppliers to mitigate potential long-term operational risks.
The global market for low-carbon ammonia as a marine fuel is set for significant growth, projected to rise from $4.11 billion in 2026 to $11.46 billion by 2036. This shift highlights the shipping industry’s commitment to sustainability, offering a viable solution to reduce carbon emissions and comply with environmental regulations.
The World Maritime University (WMU) has launched a ‘train-the-trainer’ program focusing on educating individuals about alternative fuels in the shipping industry, such as ammonia, methanol, and hydrogen. This initiative aims to equip professionals with the necessary knowledge and skills to adapt to the changing landscape of maritime fuel options, promoting sustainability and innovation in the industry.
