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Singapore: Experts discuss maritime decarbonisation, biofuel bunker transition at VPS seminar

Players within the marine fuels supply chain shared their opinions at the VPS Fuel Quality, New Fuels & Decarbonisation Challenges seminar in Singapore.

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Industry experts representing various nodes within the marine fuels supply chain shared their opinions at the VPS Fuel Quality, New Fuels & Decarbonisation Challenges seminar in Singapore on Thursday (18 September).

The panel discussion was moderated by Captain Rahul Choudhuri, President Strategic Partnerships, VPS who asked the group on their views towards maritime decarbonisation and the transition towards biofuel bunkers:

Elane Ng, Senior Manager, Standards Development Org., SDO@SCIC – Singapore assisting with marine bio bunker fuel uptake

“The Singapore Standards Programme is based on a public and private partnership model where we invite various stakeholders to participate in the committees and they can contribute their expertise in helping us to review and develop standards,” she said.

“Other than developing national standards, we also leverage on international standards participation to align our national standards to international practice.”

“An example is WA2:2022 Specifications for marine biofuel which we have developed in Singapore. That was during the time when Singapore needed to conduct biofuel bunker deliveries, but we did not have a reference standard for the quality specifications while ISO 8217:2017 was also under revision. WA2:2022 was quickly developed with the relevant stakeholders over workshops to meet the urgent industry needs. Earlier this year, WA 2:2022 was revised and its latest edition, TR140:2025, included enhancements such as guidance on storage and handling on marine biofuel and the use of non-FAME products.”

Kasper Soerensen, Head of Marine Fuel Sourcing, East – Seascale Energy, HAFNIA – Transparency the endgame

Soerensen, whose organisation oversees the bunkering operations of 3,000 vessels worldwide, stated Seascale Energy prioritises bunker procurement in the order of quality, availability, and price.

“It doesn’t matter if it’s cheap – if the quality is bad or the product is not available at the right place at the right time in the right quantity, because at the end of the day we support functions for the shipping industry and we don’t want to delay the operations of our customers or our own fleet,” he said.

“However, we want to drive transparency across the bunker sourcing process and beyond. There are still opaque areas in this industry that almost never serves the customers true needs. Our model flips that by aligning our incentives in a very simple and efficient way.”

Jan-Paul de Wilde, Head of Decarbonization, RINA – ‘Change of mindset’ needed

“I have been attending and speaking at conferences for the last four years since I took up my current role and what you hear conference after conference is challenges of decarbonisation and the energy transition,” he stated.

“I’ve been guilty of that as well but what I think needs to be done is a change of mindset. It’s time we start to see more opportunities here than the roadblocks. People, stakeholders in the industry are often claiming uncertainty especially in the fields of availability and pricing.

“The uncertainty is in my opinion self-inflicted by the industry. If the industry collectively does not make a choice of the fuel of the future, the supply will not be there. I sincerely hope that mindset will change so we start to see more opportunities.”

Kai Cheong Wong, Senior Technical Manager, INTERTANKO – All stakeholders must pay for change

Wong emphasised that INTERTANKO’s policy is to “keep all options open” as the industry navigates the marine fuels transition.

“We recognise that not all fuel options are available to everyone, and implementing new regulations will require significant investment,” he said. “While shipowners must play their part, they cannot—and should not—bear the full burden of decarbonisation alone. The costs must be distributed fairly across the value chain, including charterers and other commercial stakeholders.”

He highlighted INTERTANKO’s work to develop standard clauses and guidance; and engage with charterers and other stakeholders to ensure that the costs and responsibilities of compliance are shared equitably.

“This collaborative approach is essential to ensure a smooth and effective transition for the entire industry,” Wong concluded.

Dr Prapisala Thepsithar, Director, Projects, GCMD – Project LOTUS confirms long term usability of biofuel bunkers

During the panel discussion, Dr Thepsithar unveiled findings of Project LOTUS which studied the long-term impact of continuous use of B24 bio Very Low Sulphur Fuel Oil (VLSFO) blend on vessel operations over a six-month period.

The trial was launched in partnership with NYK Line in May 2024. Using a structured monitoring framework, GCMD tracked fuel and lubricant quality at key sampling points across these systems, and inspected engines and fuel systems components throughout the trial.

“In the trial, we encountered no major issues—only manageable operational item like viscosity change and certain items that require constant observation and adjustments. The good news is, yes, biofuels look viable for long-term use, with no observed impact on shipboard systems so far.”

NYK SHIPMANAGEMENT, Mr. Anubhav Garg, Managing Director – NYK a forerunner in biofuel bunker ops

Garg confirmed the success of Project LOTUS; he shared NYK’s goal was to understand the long-term impact on engine components and systems while using biofuels as well as impact on quality of bio fuels during long term storage itself.

“NYK has been a frontrunner when it comes to biofuels. We started using biofuels in 2022 and annual uptake of biofuels was about 8,000 metric tonnes (mt),” stated Garg.

“Today, it’s close to 100,000 mt per year which is quite a big leap and I only this increasing by a much larger proportion in the coming years. Of course, we are still largely restricted to B24 for various reasons due to availability and supply chain restrictions. As we move on, I expect NYK to ramp up usage of biofuels to B30, B40 and higher blends in the near future.”

Andrew Morton, Managing Director, Asia Middle East & Africa, VPS – Gatekeeping the maritime biofuels transition

The last three months has presented a number of fuel related quality issues across several markets. It is clear from the statistics that there continues to be numerous off-spec bunker samples and challenges remain in the fuel space, shared Morton.

“We work with the major players across the shipping and bunkering sectors and VPS continues to lead the market in its testing and advisory space as well as the digital and decarbonisation part of the maritime sector,” he said.

“We have a good understanding of bunker fuels developed over 40 years and through our partnerships we continue to ensure that we work towards improvements in this space.”

Related: Singapore: VPS seminar presents global 2024/2025 marine fuel consumption & off-spec trends

 

Photo credit: VPS
Published: 24 September 2025

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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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