Connect with us

Alternative Fuels

Argus Media: Singapore bio and LNG bunker fuel demand firms in September

Singapore biofuel blends and LNG for bunkering demand firmed in September, with more vessels trialing biofuels in preparation for EU’s new CO2 regulations in 2024 and lower LNG prices.

Admin

Published

on

resized argusmedia

Singapore biofuel blends and LNG for bunkering demand firmed in September, with more vessels trialing biofuels in preparation for EU’s new CO2 regulations in 2024 and lower LNG prices.

16 October 2023

Singapore’s demand for biofuel blends for bunkering more than doubled to 43,000 metric tonnes (t) in September, compared with 19,800t during the same period last year, data from the maritime and port authority of Singapore (MPA) showed. LNG demand was up to 7,710t fuel oil-equivalent from 950t.

The EU will require that vessel operators traveling in, out and within EU territorial waters pay for 40pc of their CO2 emissions. Singapore B24 biofuel for bunkering, a blend of 24pc used cooking oil methyl ester (Ucome) and 66pc very low-sulphur fuel oil (VLSFO), was assessed at $221.5/t premium, or 34pc premium to the VLSFO average in September, Argus data showed. But ships traveling between Singapore and the EU have been trailing the low-carbon B24 biofuel blend in preparation for 2024. Biofuel for bunker suppliers in Singapore include Alpha Biofuels, BP, Chevron, CNC Petroleum, ExxonMobil, Global Energy Trading, GoodFuels, Minerva, TotalEnergies, Vitol’s subsidiary V-Bunkers and XFuel.

Southeast Asian LNG was pegged at $108.9/t VLSFO-equivalent discount to Singapore VLSFO in September, compared with $1,274.2/t VLSFO-equivalent premium in September 2022, Argus data showed. LNG for bunkering suppliers in Singapore include TotalEnergies, Pavilion Energy, and FueLNG, a joint venture between Shell and Keppel Offshore and Marine.

Despite the demand increase, biofuel blends accounted for 1pc and LNG for 0.2pc of Singapore’s total marine fuel demand in September.

By comparison, marine gasoil (MGO), VLSFO and high-sulphur fuel oil (HSFO) accounted for 3.7pc, 57.6pc and 34.5pc, respectively, of Singapore’s total marine fuel demand. MGO demand was down by 15pc to 285,320t in September, from 335,700t during the same period last year. VLSFO demand was nearly flat at 2.45mn t and HSFO demand spiked up by 27pc to 1.47mn t from 1.16mn t during the same period in 2022.

By Stefka Wechsler

Photo credit and source: Argus Media
Published: 17 October, 2023

Continue Reading

LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

Admin

Published

on

By

PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

Continue Reading

LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

Admin

Published

on

By

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

Continue Reading

Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

Admin

Published

on

By

ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

Continue Reading

Trending