Wed 29 Apr 2009 09:52

Port incentive scheme may boost bunker sales


New one-year program aims to raise cargo volumes via incentive payments to ocean carriers.



Commissioners at the Port of Oakland are reported to have approved a new incentive scheme which could also benefit bunker sales at the Californian port.

According to industry sources, the new one-year program aimed at maintaining or raising cargo volumes will provide discounts and incentive payments to both ocean carriers and marine terminal operators.

Ocean carriers will reportedly receive an incentive payment of $20 per twenty-foot equivalent unit (TEU) for every loaded container that moves via rail between the Port of Oakland and locations outside California.

Meanwhile, terminal operators will be given a $5 per TEU discount for every loaded container that moves by rail between the Port of Oakland and locations outside of California.

The new incentives could be a much-needed boost to bunker sales at the West Coast port during the current economic downturn.

The 12 month program would be retroactive to January 1st 2009 and would run up until December 31st 2009, market sources said.

Earlier this month Port of Oakland commissioners approved a Maritime Air Quality Improvement Plan (MAQIP), aimed at cutting diesel pollution from port-related operations by 85 percent by the year 2020.

According to a December 2008 health risk assessment by the California Air Resources Board (ARB), sources within the port contribute 30 percent of the diesel particulate matter in West Oakland, a community of 22,000 people adjacent to the port.

Commenting on the plan, Richard Sinkoff, Director of the Environmental Programs and Planning Division, said “One way we'll reach our 85% goal is by working with our tenants to dramatically cut emissions from ship engines while they’re at dock."

Sinkoff added, “As a transportation services agency, part of the Port’s role is to assist our customers and tenants in the complex task of complying with new emissions regulations that will help clean up the air.”


CEO, Fredrik Witte and CFO, Mette Rokne Hanestad. Corvus Energy raises $60m from consortium for maritime battery expansion  

Norwegian energy storage supplier secures growth capital to accelerate zero-emission shipping solutions.

Indian Register of Shipping hosts at LISW 2025. Shipping industry warned nuclear power is essential to meet 2050 net zero targets  

Experts say government backing is needed for nuclear investment.

Rendering of LNG bunkering vessel Avenir TBN. ExxonMobil enters LNG bunkering with two vessels planned for 2027  

Energy company to charter vessels from Avenir LNG and Evalend Shipping for marine fuel operations.

Logos of international maritime associations supporting IMO Net Zero Framework. Shipping associations back IMO Net-Zero Framework ahead of key vote  

Seven international associations urge governments to adopt comprehensive decarbonisation rules at IMO meeting.

Concept illustration of biofuel and renewable energy production. Study claims biofuels emit 16% more CO2 than fossil fuels they replace  

Transport & Environment report challenges biofuels as climate solution ahead of COP30.

Rendering of Green Ammonia FPSO. ABB to supply automation systems for floating green ammonia production vessel  

Technology firm signs agreement with SwitcH2 for Portuguese offshore facility producing 243,000 tonnes annually.

VPS launches VeriSphere digital platform. VPS launches Verisphere digital platform to streamline marine fuel decarbonisation tools  

New ecosystem connects multiple maritime emissions solutions through single user interface.

Wallenius Sol vessel Botnia Enabler. Wallenius Sol joins Gasum's FuelEU Maritime compliance pool as bio-LNG generator  

Partnership aims to help shipping companies meet EU carbon intensity requirements through bio-LNG pooling.

IAPH Clean Marine Fuels Working Group. IAPH launches products portal with ammonia bunker safety checklist  

Port association releases industry-first ammonia fuel checklist alongside updated tools for alternative marine fuels.

Berkel AHK Logo. Berkel AHK joins Global Ethanol Association as founding member  

German ethanol producer becomes founding member of industry association focused on marine fuel applications.