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Singapore can become a centre of excellence in methanol bunkering

Nation state’s bunkering fleet is the ideal testbed to deploy low carbon fuel and convert infrastructure to handle new customers, writes Chris Chatterton.

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The Methanol Institute recently wrote an article highlighting next generation bunkering opportunities for methanol in Singapore. It was written by Chris Chatterton, Chief Operating Officer at Methanol Institute Singapore, and shared with Manifold Times:

All countries want to move the dial on decarbonisation but few are as uniquely placed to do so as Singapore. As the world’s leading bunker port and a key gateway on the Asia-Europe trades, it sits amid the world’s fastest growing markets. 

That growth also makes it a critical player in reducing greenhouse gas emissions both in the region and on a global basis. The decision by large container lines to build ships that will use Methanol as marine fuel illustrate that Singapore has a limited window in which to adapt its bunkering infrastructure and lower emissions in the port.

Methanol is a liquid fuel, safe and simple to handle with standardised training and minimal conversion of existing bunkering infrastructure required. It has the ability to reduce in-service carbon emissions and comes with a pathway to renewable products that provides the net carbon neutral fuel that the liner operators will use. It is also fully compliant with sulphur emissions under IMO Marpol Annex VI.

It has regulatory approval under the IMO’s IGF Code and the 55 dual fuel Methanol engines in service and on order from MAN demonstrate that owners see it as an important component of the energy transition. Wartsila has recently unveiled its W32 engine which will be available as a methanol dual fuel version, with other models to follow over the next two years.  

The latest discussions at IMO, which are moving towards accounting for maritime carbon emissions on a well-to-wake basis, are prompting producers of renewable Methanol to see maritime as a market with long term potential.

Discussions at the recent Asia Pacific Maritime event indicated a heightened level of interest in methanol among policymakers and a realisation that while Ammonia may possibly be the long-term solution, Methanol should be considered as a minimum, the bridge required to make progress against IMO targets in the meantime.

Interest in Methanol as marine fuel is already growing across Singapore’s maritime sector, with more requests being made for advice and insight on bunkering practices and safety training. Local distributors and international producers have signalled their interest to provide both the product and the expertise and make investments in infrastructure and vessels, which will enable Singapore to allow methanol to be available by year end.

What Singapore needs now is to seize the opportunity. Its bunkering community ranges from large, integrated energy companies to small operators but all of them need support to begin the energy transition we know is coming. Its fleet of vessels – new and old, large and small – presents an ideal opportunity to be repurposed to operate on Methanol and be converted to supply at low cost and with minimal technical exposure.  This is especially so within the harbour craft and work boat sector.

Undertaken as a national endeavour, it might even be possible to tie the supply of fuel to a sectoral conversion or newbuilding programme, gaining a better delivered price for users.

Experience gained in converting vessels, training crews and converting midstream and downstream bunkering to Methanol would give Singapore valuable knowledge and expertise before large Methanol fuelled cargo ships start calling in 18-24 months.

The advantage that Methanol offers is that there is no need to delay. The know-how, engines, and infrastructure are all available now, providing a means to begin reducing emissions immediately rather than waiting for the next generation of fuel to become available.

This is critical to understand because pressure on carriers and their customers for greater transparency around emissions reduction is growing quickly. Under a proposed Securities and Exchange Commission rule, companies may soon be required to disclose their actual greenhouse gas emissions and climate related risks in periodic filings. These businesses will increasingly be called upon to account for their full emissions supply chain, including scope three emissions incurred by their service providers. 

Leveraging local policy grounded in global regulations can make Singapore the leading provider of low carbon tools and reduction technology and ultimately renewable methanol bunkers in Asia-Pacific. As a critical maritime player, its position on emerging ‘green corridors’ could make it the low carbon hub in a regional network that acts as the model for shipping’s energy transition.

 

Photo credit and source: Methanol Institute
Published: 11 April, 2022

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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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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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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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