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LNG Bunkering

Bureau Veritas classifies three LNG bunkering vessels

The first is an 18,600 m3 vessel for Ibaizabal Group at Hudong Zhonghua, and the second and third are 18,000 m3 vessels for Hercules Shipping, shipping arm of Peninsula, at Hyundai Mipo Dockyard.

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Bureau Veritas classifies three LNG bunkering vessels

Bureau Veritas Marine & Offshore (BV) on Tuesday (3 December) announced the classification of three new LNG bunker vessels, including one 18,600 cubic metre (m3) vessel for Ibaizabal at Hudong Zhonghua and two 18,000 m3 vessels for Hercules Shipping, shipping arm of Peninsula at Hyundai Mipo Dockyard, which will be delivered from 2026. 

“The vessels further BV’s collaboration with world-leading shipbuilders, charterers and yards on major LNG projects, supporting the maritime industry as it transitions to the use of more sustainable fuels,” it said on its website. 

Bureau Veritas classifies three LNG bunkering vessels

The new vessels join a list of 18 BV-classed LNG bunkering vessels in service, with four more scheduled for delivery in 2025 and 2026. They add to the important supply of LNG as fuel and help ensure shipbuilders and operators remain compliant and on course to meet global emissions targets. 

BV has now classified around 35% of the world’s bunkering ships in service and approximately 50% of the order book to date.

Bureau Veritas classifies three LNG bunkering vessels

While LNG remains an essential part of the current maritime energy landscape, methanol and ammonia are increasingly viewed as a fuel that could accelerate decarbonisation efforts. BV is already leveraging its expertise in LNG to facilitate the industry's shift to other clean fuels, exploring how lessons from LNG can be applied to methanol and ammonia’s production, transport, and eventual use as a maritime fuel. 

Bureau Veritas has supported developments that will pave the way for the broader uptake of ammonia as a fuel on land and at sea. It recently granted an Approval in Principle (AiP) to Dalian Shipbuilding for its liquid ammonia bunkering vessel design and partnered with Hanwha Ocean and Naftomar on a joint development project to develop large ammonia carriers with an ammonia fuel-prepared design. 

On methanol projects, BV is also actively involved in a selected class of several bunkering tankers in Europe and Singapore and numerous methanol fuel projects, mainly in chemical tankers and container ships.

 

Photo credit: Peninsula and Ibaizabal
Published: 5 December, 2024

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LNG Bunkering

Japan: MOL’s third LNG-fuelled ferry “Sunflower Kamuy” starts operation in Oarai

“Sunflower Kamuy” will serve the Oarai-Tomakomai route between Ibaraki Prefecture and Hokkaido as a replacement for the Sunflower Daisetsu, says MOL.

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Japan: MOL third LNG-fuelled ferry “Sunflower Kamuy” starts operation in Oarai

Mitsui O.S.K. Lines (MOL) on Thursday (23 January) announced that the LNG-fuelled ferry Sunflower Kamuy, owned by MOL and operated by its group company MOL Sunflower, entered service in Oarai.

The vessel will be the third LNG-fuelled ferry operated by MOL Sunflower, following the Sunflower Kurenai and Sunflower Murasaki, which have been in service on the Osaka-Beppu route from 2023.

Sunflower Kamuy will serve the Oarai-Tomakomai route between Ibaraki Prefecture and Hokkaido as a replacement for the Sunflower Daisetsu.

Along with the sister vessel Sunflower Pirka, scheduled to enter service in early summer 2025, MOL Sunflower will operate a fleet of four LNG-fuelled ferries on the Oarai-Tomakomai route and the Osaka-Beppu route within 2025. 

MOL Sunflower operates 10 ferries and 4 RoRo vessels on six routes throughout Japan, from Hokkaido to Kyushu, providing service for both logistics and passengers in Japan.

 

Photo credit: Mitsui O.S.K. Lines
Published: 24 January, 2025

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LNG Bunkering

SEA-LNG report: Number of LNG-fuelled vessels in operation up by over 33% in 2024

Based on its latest ‘View from the Bridge’ report, SEA-LNG reported an annual vessel growth of over 33% to 638 LNG-fuelled vessels in operation worldwide in 2024.

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SEA-LNG report: Number of LNG-fuelled vessels in operation up by over 33% in 2024

Industry coalition SEA-LNG on Thursday (24 January) reported an annual vessel growth of over 33% to 638 LNG-fuelled vessels in operation worldwide in 2024. 

This was one of the findings of SEA-LNG’s annual ‘View from the Bridge’ report, highlighting 2024 as another year of growth for the LNG pathway. 

Analysing data from SEA-LNG members, the report found that global market adoption and growth reached record heights in 2024. 

Looking forward, over 1,200 vessels are expected to be operating by the end of 2028. In 2024, LNG dual-fuelled vessels accounted for 70% of alternative fuelled tonnage ordered, excluding LNG Carriers, up from 43% in 2023. 

This record expansion follows the growing availability of LNG bunker fuel beyond the traditional bunkering hubs. Currently, LNG bunkers are accessible in approximately 198 ports worldwide, and plans are underway for bunkering facilities in an additional 78 ports. This comes as over 60 LNG bunkering vessels are operating today, marking a 22% increase from 2023. 

The ‘View from the Bridge’ report also highlights how the LNG pathway took a significant step in 2024, with liquified biomethane delivering on decarbonisation and regular renewable e-methane supplies expected in 2026. 

SEA-LNG members are prepared to offer biomethane bunkers in some 70 ports globally, with multiple bunkering operations already taking place. 

A highlight was the successful biomethane bunkering pilot as part of the Methane Track within the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC). This was the first practical delivery of any international Green Corridor since they were announced as part of the Clydebank Declaration at COP 26 in Glasgow. 

Peter Keller, chairman of SEA-LNG, said: “Our latest View from the Bridge reaffirms the importance of the LNG pathway as a practical and realistic route to shipping’s decarbonisation now. We continue to believe that the shipping industry is heading towards a successful multi-fuel future where LNG will always play a critical role.”

“To deliver net zero by 2050 across the global shipping fleet, a basket of fuels is required and the LNG pathway will continue to lead the way. This is not a case of my fuel versus your fuel but rather which fuel best allows the industry to reach its stated goals. The LNG pathway provides the path to net zero.” 

SEA-LNG’s latest report also highlights that 2024 has seen considerable progress in addressing methane slip. “Advances in eliminating methane slip, in combination with biomethane and e-methane, provide a clear, effective, and viable long-term pathway towards net zero emissions. Shipowners and operators can be confident that the vessels ordered today are future-proofed for their lifespan.”

“With a proven track record of technical improvements to reduce methane slip and upstream emissions, coupled with tighter regulations from global and regional authorities, we continue to believe methane slip will be a non-issue by the end of this decade,” Keller continued.   

FuelEU Maritime will be a key regulation in advancing shipping industry decarbonisation, heading into 2025. According to analysis from SEA-LNG, FuelEU Maritime creates a favourable environment for the LNG pathway. 

With the ability to achieve GHG emissions reductions of up to 23%, LNG-fuelled vessels are compliant until 2039. The use of liquefied biomethane and e-methane can extend compliance through to 2050 and beyond. 

Note: The full report is available for download here.

 

Photo credit: SEA-LNG
Published: 24 January, 2025

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Alternative Fuels

South Korea launches USD 696 million green bunker fuel infrastructure fund

Out of KRW 1 trillion, KRW 600 billion will be invested to build port storage facilities capable of supplying alternative marine fuels while KRW 400 billion will be used for constructing four bunkering vessels.

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South Korea launches USD 696 million green bunker fuel infrastructure fund

South Korea’s Ministry of Oceans and Fisheries and Korea Ocean Business Corporation recently held a launch ceremony in Seoul for a KRW 1 trillion (USD 696 million) infrastructure fund that will be used to support the development of storage facilities for green marine fuels and bunkering vessels. 

Out of the KRW 1 trillion, KRW 600 billion will be invested to build port storage facilities capable of supplying LNG, methanol, and ammonia, and the remaining KRW 400 billion will be invested in constructing four new LNG and ammonia bunkering vessels by 2030. 

The move is expected to meet growing demand for green bunker fuels for domestic vessels and ensure reliable fuel supplies for foreign ships calling at domestic ports.

The ministry also announced that the Ulsan Hyundai Liquid Cargo Terminal Expansion Project was selected as the new fund’s first project to support the demand for methanol bunker fuel for domestic and foreign vessels. The total cost of the project is KRW 240 billion, of which KRW 130 billion will be provided by the infrastructure fund. 

In addition, the government plans to strengthen LNG supply capabilities through the Yeosu Myodo LNG Hub Terminal Project scheduled as the second project to be supported by the fund. 

Minister of Oceans and Fisheries Kang Do-hyung, said: “Through the infrastructure fund, the government will flexibly expand the eco-friendly ship fuel supply infrastructure in line with future demand so that our ports can continue to secure a competitive edge as a global hub port.”

 

Photo credit: Ministry of Oceans and Fisheries of South Korea
Published: 22 January, 2025

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