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ENGINE on LNG Bunker Snapshot: Weak gas demand weighs on Singapore LNG bunker price

Singapore’s LNG bunker price premium over Rotterdam has narrowed by $13/mt on the week to $35/mt, as buying activity has slowed in the overall East Asian LNG market.

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Once a week, bunker intelligence platform ENGINE will publish a snapshot of LNG bunker prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

Singapore’s LNG bunker price premium over Rotterdam has narrowed by $13/mt on the week to $35/mt, as buying activity has slowed in the overall East Asian LNG market.

Weekly changes in LNG bunker prices:

  • Rotterdam up by $1/mt to $616/mt
  • Singapore down by $12/mt at $651/mt

Rotterdam

Rotterdam’s LNG bunker price has stabilised after falling for three weeks.

The front-month Dutch TTF Natural Gas contract has moved $0.10/MMBtu ($5/mt) higher in the past week. That upward pressure has been countered by a $0.10/MMBtu ($5/mt) drop in the assessed bunker delivery premium, which is now at $2.38/MMBtu ($124/mt).

TTF has been supported by a slowdown in LNG imports to northwest Europe and Italy, and mild weather for this time of the year, said ANZ’s Daniel Hynes.

The EU’s gas inventories are now less than 70% full, down from 72% a week ago, and down from nearly 79% at this time last year, according to Gas Infrastructure Europe.

Europe’s gas market is expected to become better supplied in the medium term, with increased export capacity coming online in the US, according to ING’s Warren Patterson. The EU will ban short-term contracts for LNG imports from Russia from April 2026, and long-term contracts from January 2027. These LNG imports make up about 13% of Europe’s total in the first 11 months of the year.

Pipeline gas imports from Russia are set to be phased out of the EU by September 2027, and ING’s Patterson expects US LNG to plug most of that supply gap.

Dutch LNG bunker demand has been strong recently, according to Kpler. The market intelligence firm said volumes rose by around 20,000 cbm from October to 87,000 cbm in November. TotalEnergies’ Gas Agility bunker vessel was particularly busy and doubled its delivered volumes from 15,000 cbm to 31,000 cbm. Shell’s LNG London also doubled its volumes, from 6,000 cbm to 12,000 cbm.

Singapore

Singapore’s LNG bunker price has declined again in the past week.

The price has shed $12/mt amid a similar-sized decline in the front-month NYMEX Japan/Korea Marker (JKM) contract. The bunker delivery premium came off slightly from $0.04/MMBtu ($2/mt) to $1.82/MMBtu ($95/mt).

JKM has dipped amid tepid LNG spot demand in Northeast Asia and plentiful supplies, said the Japan Organisation for Metals and Energy Security (JOCMEC). There was some buying from South Korea, but not enough for a price recovery. Japanese LNG stocks for power generation rose by 110,000 mt in the week to 7 December, when they measured 2.18 million mt.

Kpler estimates that 119,000 cbm of LNG was bunkered in Singapore in November, which was 13,000 cbm less than in October. There were 38 bunker stems delivered, a two-stem decline from October. Pavilion’s Brassavola and FueLNG’s Venosa supplied one fewer stem each. Only one bulk carrier received LNG in November, a sharp drop from eight in October.   

Other LNG bunker news

LNG supplier Axpo has delivered a first liquefied biomethane (LBM) stem in the Italian Port of Genoa, while Sinopec and Anhui Wanbo have delivered what they claim was China’s first LBM stem in Dalian.

ADNOC L&S has taken delivery of the fourth in a series of six LNG dual-fuel vessels, and Deltamarin got its design of an LNG bunker vessel approved by class societies.

LNG was also in the headlines in the US, where US shipbuilder Conrad Shipyard said it would explore building LNG bunker vessels with Samsung Heavy Industries.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 15 December, 2025

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LNG Bunkering

Singapore-based EPS takes delivery of three LNG dual-fuel bulk carriers

Three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

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Singapore-based Eastern Pacific Shipping (EPS) on Friday (4 September) announced the naming and delivery of three new LNG dual-fuel Newcastlemax bulk carriers from China’s Qingdao Beihai Shipbuilding. 

Cyril Ducau, CEO of EPS, said the vessels were named Mount Victoria, Mount Yulong and Mount Wuyi

The three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

“A big thank you to CSSC Group and Qingdao Beihai Shipbuilding, working alongside our EPS team, for the tremendous collaboration and commitment behind this achievement,” Ducau said in a social media post.  

 

Photo credit: Eastern Pacific Shipping
Published: 7 September, 2026

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LNG Bunkering

LR awards AiP to CSSC Huangpu Wenchong for 12,500 m³ LNG bunker vessel design

Vessel design incorporates Type C LNG cargo tanks and has been evaluated against a range of class notations covering gas operations, automation, environmental performance and cyber resilience.

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Classification society Lloyd’s Register (LR) on Thursday (3 September) said it has awarded Approval in Principle (AiP) to CSSC Huangpu Wenchong Shipbuilding Co., Ltd. for a new 12,500 m³ LNG bunkering vessel design.

The AiP was signed at SMM 2026 in Hamburg and confirms that the vessel concept has successfully completed an independent design assessment against LR’s latest classification requirements.

The new 12,500 m³ vessel design incorporates Type C LNG cargo tanks and has been evaluated against a comprehensive range of class notations covering gas operations, automation, environmental performance and cyber resilience.

LR’s assessment was carried out in accordance with its Rules and Regulations for the Classification of Ships and Rules and Regulations for the Construction and Classification of Ships for the Carriage of Liquefied Gas in Bulk.

Constantinos Chaelis, LR’s Global Gas Segment Director, said: “This project demonstrates the continued market confidence in LNG and the importance of building the supporting infrastructure that enables owners to make practical emissions reductions today, while maintaining flexibility for the future. Through early engagement between shipyard and class, we can accelerate the delivery of robust designs that meet both operational and regulatory requirements.”

A Huangpu Wenchong spokesperson, said: “This Approval in Principle from Lloyd’s Register validates the technical approach and provides a strong foundation for future development. We believe vessels of this type will play an increasingly important role in supporting the energy transition by helping ensure LNG is available where shipowners need it most.”

 

Photo credit: Lloyd’s Register
Published: 7 September, 2026

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Alternative Fuels

DNV at SMM: Chinese shipbuilders, European owners seek closer ties on alternative bunker fuels

Chinese shipbuilders and European shipowners called for closer collaboration on vessel development, alternative fuels and digitalization during the inaugural China-Europe Maritime Summit at SMM 2026.

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Chinese shipbuilders and European shipowners called for closer collaboration on vessel development, alternative fuels and digitalization during the inaugural China-Europe Maritime Summit at SMM 2026, according to classification society DNV on Friday (4 September). 

The summit, jointly organized by the China Association of the National Shipbuilding Industry (CANSI), the German Shipowners’ Association (VDR) and DNV, brought together leaders from two maritime sectors that collectively shape a significant share of the global fleet. 

Energy efficiency, operational flexibility and digital innovation were highlighted as key areas for the industry as it navigates decarbonization targets, evolving regulation and uncertainty around future fuel pathways.

Knut Ørbeck-Nilssen, Group President and CEO at DNV, said: “Gathering leaders from across Chinese shipbuilding, European shipping and the wider maritime value chain in one room is both timely and important. The decisions being made across our industry today will shape shipping for decades to come, and this summit demonstrates a shared commitment to shaping the future of our industry together.”

Xu Peng, Chairman of China State Shipbuilding Corporation (CSSC), said: “China and Europe’s maritime sectors share aligned missions, complementary strengths and promising prospects. This summit can serve as a starting point for deeper cooperation between China’s shipbuilding industry and Europe’s shipping community, and help broaden the boundaries of full‑chain collaboration and build an interconnected ecosystem.”

Dr. Gaby Bornheim, President of the German Shipowners’ Association (VDR), said: “For shipowners, a new vessel is never an investment for the next quarter. It is a commitment for decades. Long-term investments require trusted partnerships, and many of the world’s most advanced commercial vessels are the result of cooperation between European shipowners and Chinese shipbuilders. Excellence is rarely achieved in isolation.”

China’s shipbuilding industry accounts for around 70% of the global orderbook, while European shipowners operate more than one-third of the world’s fleet capacity. As the global shipping industry faces increased uncertainty, finding solutions that provide flexibility is essential. 

The summit featured two high-level panel discussions moderated by Dr. Martin Kröger, CEO of VDR, and Li Yanqing, Vice Chairman and Secretary General of CANSI, bringing together senior executives from leading Chinese shipbuilders, including China Merchants Industry (CMI), Guangzhou Shipyard International (GSI), Shanghai Waigaoqiao Shipbuilding (SWS), and Shanghai Merchant Ship Design & Research Institute (SDARI), alongside European shipowners and operators such as Vogemann Reederei, Briese Schiffahrt, Bernhard Schulte, MPC Containerships, and Grieg Edge, as well as DNV. 

Discussions further highlighted the importance of close China-Europe collaboration to support shipping’s transformation.

 

Photo credit: DNV
Published: 7 September, 2026

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