Page 13 - AsianOil Week 38 2022

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He said the government would offer On July, 29, 2022, the 4,294 TEU CMA (LNG) carriers.
eight oil and gas blocks in the upcoming CGM MONTOIR container vessel was The contract, worth KRW 595.9 billion
auction, including the West Kampar block bunkered via ship-to-ship transfer with (about $425 million), was signed with an
off Sumatra, which holds a potential 130 TotalEnergies-supplied biofuel. The biofuel undisclosed shipowner from Oceania on
million barrels of oil. He did not specify is made of VLSFO (Very Low Sulfur Fuel 21 September 2022, DSME said in a stock
when the auction would take place. Oil) blended with 24% second-generation, exchange filing.
The last auction was in July, when waste-based, and ISCC-certified UCOME The two units are scheduled for delivery
investors clamoured to bid for six blocks. (Used Cooking Oil Methyl Ester). by 16 July 2026.
Industry members at the conference said Laura Ong, General Manager of No further details on the vessels have
Indonesia needs to remove red tape and Trading and Operations for Asia Pacific, been disclosed.
improve coordination between government TotalEnergies Marine Fuels, based in The order may be linked to the
bodies to encourage investment. Singapore, said: “We are delighted to $19.2 billion agreement signed between
Gary Selbie, an executive at Harbour continue our partnership with CMA CGM, QatarEnergy and Korean shipbuilders
Energy Indonesia, said that while the a global player in sea, land, air, and logistics including DSME, Hyundai Heavy Industries
energy ministry and SKK Migas had been solutions, in their decarbonization journey (HHI) and Samsung Heavy Industries
supportive, long delays at other ministries using marine biofuel. This latest project is (SHI) to reserve LNG carrier construction
were among the "biggest frustrations". further evidence of both companies’ long- capacity for more than 100 vessels, Yonhap
He added that investors will also need term collaboration to explore and develop News Agency reported.
"massive fiscal incentives in the next two initiatives that promote the introduction of On 22 September, DSME also announced
to three years" to achieve the 2030 lifting clean, low-carbon alternative fuels.” it developed the ESG (environmental,
target. The operation followed successful social, governance) evaluation index
Energy Minister Arifin said the biofuel bunkering trials that TotalEnergies specialised for the shipbuilding industry
government is revising its oil and gas law Marine Fuels performed in Singapore with and applied it for the first time to the Okpo
to offer better fiscal terms and improve a COSCO Shipping Lines containership, a Shipyard in Geoje.
contract certainty. vehicle carrier operated by Mitsui O.S.K. For nine months from December last
Lines, Ltd. (MOL), and a bulk carrier year, DSME has been developing a total
chartered by NYK Line this year. of 146 indicators with Korea Register of
TotalEnergies bunkers CMA an immediate and sustainable solution Shipping (KR), the only internationally
TotalEnergies said that biofuels provide
recognized classification technology
CGM containership with to decarbonize shipping today, as they organization in Korea. These indicators
are designed to practically evaluate ESG
can be blended or dropped into existing
sustainable marine biofuel conventional fuels with little or no promotion activities according to the
characteristics of the Korean shipbuilding
technological developments required on
in Singapore vessels. industry.
The shipbuilder plans to use this

TotalEnergies Marine Fuels recently evaluation index to regularly diagnose
completed the refueling of a CMA CGM DSME secures order for two internal ESG management activities and
containership in Singapore with sustainable disclose the results in a sustainability report.
marine biofuel. LNG carriers
"This operation marks another milestone
in TotalEnergies Marine Fuels’ ambition South Korean shipbuilder Daewoo
to become a key biofuel bunker supplier Shipbuilding & Marine Engineering
across strategic bunker hubs by 2030," the (DSME) has received an order for the
company said. construction of two liquefied natural gas

Week 38 26•September•2022 www. NEWSBASE .com P13