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Singapore: Equatorial Marine Fuel builds four “new generation” methanol-ready bunker tankers

The four bunker tankers can be powered by net-zero fuels and are scheduled to arrive at the republic across 2024 and 2025. These IMO Type II Chemical and Oil Tankers will be capable of carrying methanol and biofuels (up to B100 blends).

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EMF and shipyard team

Singapore bunker supplier Equatorial Marine Fuel Management Services (EMF) confirmed that it will be building two additional 7,999 dwt IMO Type II Chemical and Oil Tankers that will be used as bunker tankers at the Port of Singapore, learned Manifold Times.

Earlier in December 2022, EMF placed an order for two similar newbuildings at Zhejiang Shenzhou Sunshine Heavy Industry Co., Ltd.; the first two units are scheduled for delivery in Q4 2024 while the remaining two will arrive at the republic by Q2 2025.

“We made a calculated decision to build two units followed by another two based on our fleet renewal and replacement program,” said Choong Sheen Mao, Director of EMF.

“While the market share of alternative marine fuels is projected to increase, the CO2 emission factor or greenhouse gas (GHG) emissions of such fuels will be even lower than what we are commonly seeing today. Presently, conventional bunker tankers in Singapore are only allowed to carry and deliver biofuel blends of up to 25%. As such, a “new generation” of bunker tankers is required to carry lower-carbon marine fuels such as biofuel (above 25% blends) and green methanol.

“The newbuildings are compatible with net-zero fuels, and can consume pure biodiesel (B100) as their fuel when operating in port. This enables us, as shipowners too, to comply with upcoming environmental regulations. We will also effectively be reducing our customers’ Scope 3 emissions.”

“The time frame for our fleet renewal is ideal as it puts us in a position to be ready to handle lower-carbon fuels while addressing our current tonnage requirements.”

Mr Choong notes the cargo tanks of the bunker tankers are coated with a phenolic epoxy compound. Essentially, the newbuildings are constructed to IMO Type II Chemical and Oil Tanker specifications allowing for the transportation and delivery of methanol and biofuel of up to B100 content in addition to conventional marine fuels.

EMF bunker tanker hull

So Kah Meng, Sustainable Energy Manager of EMF, shares: “We encountered several challenges including meeting the additional technical specifications related to safe methanol bunkering.”

“As such, there must be specialised detectors for methanol fire and suitable types of firefighting apparatus onboard the new bunker tankers. Crew working onboard these vessels will be adequately trained in handling the equipment.

“Our active participation in various methanol study and working groups have allowed us to gain critical knowledge in addressing these key issues.”

According to Mr Choong, EMF anticipates that biofuels and methanol to be increasing their market share in the coming years, hence new supporting infrastructure and services will be required.

“As a leading bunker supplier in Singapore, Equatorial has to be dynamic in making sustainable business decisions for providing different types of marine fuels and decarbonisation solutions,” he said.

“The global order book currently indicates more than 200 methanol-fuelled vessels entering the shipping market; this data has supported our decision to construct a new generation of bunker tankers to deliver methanol and various types of marine fuels.

Moving forward, Mr Choong is confident that Singapore will continue to be a leading maritime and bunkering hub.

“Equatorial has been proactively participating in various types of consortiums, innovative initiatives led by numerous maritime related partners that are driving the development of alternative marine fuel supply chains in Singapore,” he highlights.

“We foresee more alternative marine fuel bunkering trials taking place over the next 2 to 3 years that will continue to place Singapore as the leading bunkering hub for all types of marine fuels.”

Related: DNV: Methanol-fuelled order trend continues, with first ammonia DF newbuilding contracts recorded in Oct
Related: Singapore: Equatorial Marine Fuel, CMS, SGTraDex link decarbonisation and digitalisation solutions in milestone bunker transaction
Related: Singapore: Equatorial Marine Fuel boosts sustainable marine fuel supply business with biofuel delivery to OOCL containership
Related: Singapore: Equatorial Marine Fuel launches sustainable energy business unit, commits towards multi-fuel future

Photo credit: Equatorial Marine Fuel Management Services
Published: 22 November 2023

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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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