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Singapore: Asia Pacific Maritime 2026 concludes on a high note

Conference posited that conversations on alternative bunker fuels need to continue to progress, despite uncertainty in formal regulatory adoption, especially given the concerns over energy sovereignty.

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Singapore: Asia Pacific Maritime 2026 concludes on a high note

The 19th Asia Pacific Maritime (APM) held its largest-ever edition in Singapore last week, welcomed  19,431 attendees, alongside more than 819 exhibitors from 41 regions and countries, including 20 pavilions, and 112 speakers from across the globe. 

Amid the strong turnout, APM saw a significant number of announcements, covering product launches and the inking of partnerships, signalling strong momentum for advancing the industry and underscoring the industry’s unwavering confidence in Asia’s premier maritime event and conference.

Yeow Hui Leng, Group Project Director of APM, said: “The numerous deals and partnerships announced at the event underscore APM’s role beyond that of a maritime marketplace; it also serves as a platform for showcasing best in class innovations and setting the stage for solutions that will shape the future of the industry. We thank our partners for their long standing support and trust in APM as the premier meeting point for global and regional players—one that fosters meaningful dialogue, bold collaboration, and strategic partnerships that will propel the maritime sector to greater heights.”

This year’s event brought together key decision-makers from across Asia, including shipowners and shipyards. Notably, the Indonesian National Shipowners’ Association (INSA) led a delegation of 60 shipowners representing 20 shipping lines. 

Carmelita Hartoto, Chairwoman of the Indonesian National Shipowners’ Association (INSA), said, “INSA is delighted to be back at APM. As a long-standing partner of APM, we truly value the opportunity for Indonesian shipowners to engage in productive conversations with global solution providers and industry leaders, forge new partnerships, and connect with industry forerunners. I am confident that the connections and insights gained at APM will shape Indonesia’s growing maritime industry and drive innovation in vessel operations.”

A myriad of deals, showcases, and partnerships that focused on driving zero emissions with next energy innovations were announced, including:

  • Forming of industry partnerships led by VC Power, including collaboration with Bureau Veritas Marine Singapore on promoting battery technology as a practical and sustainable energy solution; with DNV Singapore for joint development of marine battery training programmes; and with Chengrui Power Technology (Shanghai) and Contemporary Amperex Technology Co., Limited to advance marine battery supply and integration.
  • A collaboration partnership to advance next-generation hybrid-electric fleet technology for offshore wind support vessels was signed between Siemens Energy and Marco Polo Shipyard.
  • Partnership formalised between Bureau Veritas, Beng Hui Marine Electrical, and Penguin International marked the debut of Bureau Veritas’ Type-Approved PWR+ Power Management and Digital Monitoring System on Penguin International’s new series of compact crewboats for the oil and gas industry. 

Next energy in focus, driving net-zero resolutions

Amid the delay in adopting IMO’s net-zero framework and the oil and gas trade disruption caused by current geopolitical conflicts, it has become more crucial to empower decision-makers with a broader range of energy sources and more efficient solutions. The focus on next energy at APM 2026 has become an extremely timely conversation. 

The conference posited that conversations on alternative fuels need to continue to progress, despite uncertainty in formal regulatory adoption, especially given the concerns over energy sovereignty.

One message was clear across the various panels – the industry needs to emphasise fuel optionality, because the direction towards net-zero has not changed. 

  • During the “Ammonia as a Marine Fuel: Unlocking Safety & Scale” panel, panellists debated on how ready ammonia-cable engines and bunkering systems are for commercial deployment. 

Capt. Neeraj Kumar, Carbon Solutions Specialist, Mitsui OSK Lines, commented that “the interim guidelines for ammonia is already there, and in future, it’s going to be developed fully and included in the IGF (International Code of Safety for Ships Using Gases or Other Low-flashpoint Fuels) code.” He shared the example of how MOL worked together with Global Centre for Maritime Decarbonisation, Yara Clean Ammonia, and Pilbara Port Authority for the “first twin ammonia STS (ship-to-ship) transfer” – this successful trial showcased how the industry is “matured enough and able to build on the learnings for subsequent bunkering”.

  • On the panel, “Securing LNG’s Long-Term Viability as a Shipping Fuel”, speakers delved into the renewed LNG uptake despite the pressure to accelerate decarbonisation, evaluating the fuel’s long-term competitiveness with the popularity of bio-LNG and e-LNG. 

“The use of Bio-LNG or e-LNG is a decarbonisation pathway, and while it is not immediate, it serves as a transition,” said Gobinathan M Ramachanderan, Head, Decarbonization, MISC. He added, “Fossil LNG, which is among the cleanest fossil fuels that is already available and readily scaled, should be expedited, followed closely with the uptake of bio-LNG and e-LNG. These are technology-centric with heavy capex and low uptake. So to have the uptake, it’s always carrot and stick. The countries, the geographical considerations, and the bunkering hubs must be able to cater for the uptake. A fuel is only good when it is available for the entire maritime industry and not only to a section.”

  • Separately, the panel on “The Future of Electrification in Shipping: What’s Next?”, highlighted the growing adoption of Lithium Iron Phosphate (LFP) batteries, driven by rapid technological advances and increasing range. It also noted that electrification could pave the way for small modular nuclear reactors (SMRs), though safety and design considerations remain key. 

APM 2028: Powered by next energy and technological innovations

Next energy and technological innovations have become strategic necessities in today’s maritime industry. The conversations at the conference saw technology providers, shipowners and industry experts convene to explore practical pathways to enable cleaner and more efficient operations. 

As the industry continues to balance tighter emissions rules, greater fuel uncertainty, and pressure to build resilient supply chains, APM will return for its 20th edition from 22-24 March 2028, diving deeper into next-generation innovations that drive the future of vessels, the solutions for tomorrow. 

Note: More exhibition and conference highlights can be found on the event website.

 

Photo credit: RX Global
Published: 6 April, 2026

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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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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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