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Interview: Sea Forrest Power Solutions provides electrification details of Victory Petroleum bunkering fleet

SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.

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Sea Forrest Power Solutions Pte Ltd (SFP) in August signed a Memorandum of Understanding (MOU) with Singapore bunker supplier Victory Petroleum Trading Pte Ltd (VPT) for the electrification of the latter’s bunkering fleet.

Singapore bunkering publication Manifold Times took the occasion to ask George Lee, CEO of SFP, on the details of this operation through an interview.

MT: How will SFP convert VPT’s existing bunker fleet to use hybrid electric propulsion?

GL: SFP will be retrofitting its customer’s existing bunker vessel with its hybrid propulsion system. This design allows for step change, which is something SFP advocates. This design is capable of easy conversion to full electrification capabilities and employs a smart charging algorithm to maximize charging and protection for the battery. Operating data is also constantly collected and scrutinised.

MT: Any deadlines for the commissioning of the first vessel?

GL: The plan is to reach completion by Q2 2022 but is subject to the arrival of shipment from the supplier.

MT: Regarding the design and supply of energy storage systems for VPT’s bunker tankers, what is being proposed?

GL: The energy storage system used will be the lithium ion battery, which utilises the LFP chemistry. With the use of LFP, there are many safety advantages. Firstly, the battery is able to remain cool in higher temperatures and is incombustible when there are short circuit issues. Secondly, it is nontoxic and can be easily disposed of.

MT: What is the difference between an ESS system designed for coastal usage, and other scenarios (i.e. cruise vessels)?

GL: There are no differences between the ESS system of coastal vessels and other vessels – the systems designed are the same. The only difference would be the availability of space onboard as well as the amount of energy the vessel requires. The batteries are typically sized based on the operating profile of the vessel. Sea Forrest would then take this into consideration and design a system to meet the vessel owner’s requirements.

MT: How long will it take to charge up the ESS of a bunker tanker from a land-based infrastructure? What are the factors involved?

GL: It very much depends on the vessel’s operating profile and availability of charging points. We size the ESS based on the vessel’s usage of energy. We will compare the vessel’s profile with our data collected from past projects and improve on the energy management efficiency. In certain instances, the vessel would have to make minor “habit” changes to maximize the efficiency of the FER system. Charging infrastructure must also be capable of fast charging and even megawatt charging for certain vessels.

MT: How long will it take for a bunker tanker to charge up a coastal vessel? What are the factors involved?

GL: It is dependent on the energy required by the vessel when in operation. Be it shore to ship or ship to ship charging, the rate of charge is affected by the C-rate of battery used. Charging and discharging rate differs for different batteries as well. The charging infrastructure must also be capable of fast charging and even megawatt charging for the size of the vessel.

MT: What are the challenges SFP foresee in this market and how will the company commercially weather them until mass adoption of electrification technologies by the 1,600-strong local harbourcraft fleet?

GL: The major challenge is due to the cost of electrification. Due to the lack of research and development of electrification for the marine industry over the last decade, it is far behind the EVs. The research and development, standardisation of electrification solutions needs to be put on steroids if we want to catch up with the decarbonisation targets.

Sea Forrest has a strong passion for marine decarbonisation, that was how we participated in Singapore’s first hybrid-powered vessel as the principal system integrator. This opportunity has helped our business and we are now working on many enquiries. With the successful award to decarbonise Victory Petroleum Bunker Tanker fleet, we hope to encourage owners to take the first step into decarbonisation and environmental security for our future generations.

Related: Singapore bunker supplier Victory Petroleum to electrify bunker tanker fleet

 

Photo credit: Sea Forrest Power Solutions
Published: 19 November, 2021

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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