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DNV report: Singapore retains top spot as leading maritime city in world

City-state is expected to maintain top spot for next five years through implementation of a consistent strategy for innovation and investment into green transformation and digital technologies, says Dr Shahrin Osman.

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DNV report: Singapore retains top spot as leading maritime city in world

Singapore has retained its title as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report from DNV and Menon Economics released on Monday (15 April).

The city-state, with its large owned and managed vessel fleets, strategic geographic advantages, pro-business policies and its position as a leader in the maritime energy transition, is expected to hold this position for the next five years, the analysis determines.

Compiled in cooperation between classification society DNV and Menon Economics, the LMC report offers new insights into the maritime cities that offer the best policy measures, initiatives, and support. 

These cities excel in both soft and hard infrastructure, and boast elite talent enabling maritime companies and individuals to connect and prosper.

 Similar to previous iterations, the study benchmarks each maritime city on five pillars – Shipping Centers, Maritime Finance and Law, Maritime Technology, Ports and Logistics and Attractiveness and Competitiveness.

DNV report: Singapore retains top spot as leading maritime city in world

2024 Leading Maritime Cities Report by DNV

Knut Ørbeck-Nilssen, CEO Maritime at DNV, said: “Cities are major hubs for knowledge, skills, and innovation. Across various sectors, particularly in the maritime industry, they are competing to attract the best talent, the brightest minds, and the most promising business start-ups. As such, cities that succeed in these challenges will steer the green transition and become the leading maritime hubs in the world.

“Since the last edition of the Leading Maritime Cities report was published in 2022, global tensions have reverberated throughout the maritime industry. Despite this, shipping as a whole has shown a remarkable resilience.”

Singapore hit the top spot in three out of five pillars, retaining its position as leader in Attractiveness and Competitiveness and overtaking Athens and Shanghai in Shipping Centers and Ports and Logistics, respectively.

Dr Shahrin Osman, Business Development Director, DNV Maritime Advisory and co-author of the report, said: “Singapore is undoubtedly the world-leading hub at the forefront of the maritime industry. It appears unaffected by the many changes currently sweeping the sector and is expected to maintain its top spot for the next five years through its implementation of a consistent strategy for innovation and its investment into green transformation and digital technologies.

“It is encouraging to see new cities elevating their standing in the list this year. In a notable shift, Busan, South Korea, surpassed Singapore to become the world-leader for Maritime Technology, adding $9.22 billion to its export volume in the first half of 2023. Similarly, London claimed the pole position in Maritime Finance and Law from New York, with the report recognising the city as a home to world-leading maritime law-related and marine insurance institutions.”

Fourth and fifth place overall went to Shanghai and Oslo, meaning that three of the five leading cities are in Europe, with the remainder in Asia. Shanghai is also predicted to grow in importance across the next half-decade and become the second most prominent maritime city.

Dr Erik Jakobsen, Partner and Chair of Menon Economics, said: “Beyond the top five cities, we see a lot of dynamics happening. Hong Kong, which held 4th position in 2019, has now fallen to 12th place. On the other hand, despite war and turmoil in the Middle Eastern region, Abu Dhabi has strengthened its position considerably. The city made the most remarkable jump, moving up 10 places from 32 to 22.”

The analysis for the 2024 edition of the report saw the introduction of more subjective indicators, revealing the perceptions and evaluations of 190 invited business executives – mostly shipowners and managers – from around the world. Combined with objective data, this has been instrumental in addressing the transformative effect of decarbonization and digital revolution on the shipping industry. The impact of both key factors can be felt throughout all the pillars the maritime cities are benchmarked against.

In addition to the LMC ranking, the maritime experts viewed Singapore, Oslo, Shanghai, and Rotterdam as the cities best prepared for digital transformation. Singapore’s investment and focus on maritime decarbonization has also further cemented its position as the world’s leading center for green technologies and solutions, followed by Oslo and Rotterdam. 

Note: The LMC 2024 report is available for free download here.

 

Photo credit: DNV
Published: 16 April 2024

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Mass Flowmeter

Singapore to implement new bunker mass flow metering standards from 1 April 2025

MPA will mandate the use of SS 648: 2024 for the custody transfer of bunker deliveries to ocean-going ships in the Port of Singapore from 1 April 2025; use of SS 648: 2019 will cease on the same date.

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RESIZED EH dual mfm setup

The Maritime and Port Authority of Singapore (MPA) on Friday (1 November) issued Port Marine Circular No. 12 of 2024 informing the marine industry that the use of SS 648: 2024 for the custody transfer of bunker deliveries to ocean-going ships in the Port of Singapore will be mandatory from 1 April 2025:

This circular serves to inform the maritime industry that the Maritime and Port Authority of Singapore (MPA) will mandate the use of SS 648: 2024 for the custody transfer of bunker deliveries to ocean-going ships in the Port of Singapore from 1 April 2025. Consequently, the use of SS 648: 2019 will cease from 1 April 2025. 

Published by the Singapore Standards Council in October 2024, the SS 648: 2024 serves as the latest version of the SS 648 and is the result of a joint review of the previous version (SS648: 2019) by the MPA, Singapore Shipping Association (SSA), International Bunker Industry Association (IBIA), as well as representatives from bunker suppliers/craft operators, bunker buyers, testing and surveying companies, oil majors, equipment vendors, relevant government agencies and industry experts to meet the changing needs of the bunkering industry. 

The SS 648: 2024 is divided into 2 parts for ease of operational use. Part 1 covers pre-approval processes such as meter selection, acceptance tests, etc.; while Part 2 covers post-approval processes such as health, safety and environment requirements, metrological requirements, system integrity requirements and metering procedures. Other key changes include:  

  • Updating of the acceptance test to include single tanker meter-in meter-out as an additional option for approval of Mass Flow Metering (MFM) system;
  • Considerations after a software update or upgrade to provide better clarity;
  • Biofuels in the coverage of the standard;
  • Use of data logger and edge device with enhanced requirements for data security, data integrity and data transmission requirements;
  • Replacing minimum measured quantity (MMQ) with new table on minimum bunker quantity (MBQ) for better clarity;
  • Updates of the sampling requirements with new information from SS 600:2022 Code of practice for bunkering by bunker tankers using tank gauging;
  • New content on digital documentation to be cross referenced to new Specification for Digital Bunkering Supply Chain Documentation; and
  • Reorganisation of the content of bunker claims procedures and dispute resolution

Training Requirements for Cargo Officers and Bunker Surveyors 

The MPA has worked with SSA and IBIA to develop a refresher course on the new requirements of the SS 648: 2024, which is expected to commence from January 2025. All in-service bunker cargo officers and bunker surveyors are required to complete this refresher course (conducted by SSA and IBIA) by 1 April 2025. Bunker cargo officers and bunker surveyors that have not attained the necessary certification will not be allowed to conduct bunkering operations in the Port of Singapore.

For further information on the courses, please contact SSA and IBIA as follows: 

Singapore Shipping Association
Website: www.ssa.org.sg
Tel: 6305 2260

International Bunker Industry Association

Website: www.ibia.net
Tel: 6427 0916

Queries relating to this circular can be directed to [email protected]

Manifold Times previously reported Enterprise Singapore (ESG), a statutory board under the Ministry of Trade and Industry of the Government of Singapore administering the Singapore Standardisation programme launching two new bunkering standards while revising a third benchmark at the 23rd Singapore International Bunkering Conference and Exhibition (SIBCON 2024).

Related: SIBCON 2024: Singapore launches two new bunkering standards, revises third benchmark

 

Photo credit: Manifold Times
Published: 1 November, 2024

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Methanol

South Korea achieves milestone with first SIMOPS methanol bunkering in Busan

Hyodong Shipping’s bunkering vessel “Hyodong Chemi” supplied 3,000 mt of methanol to containership “Antonia Maersk” at Busan New Port Terminal 2 (PNC) during cargo unloading.

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South Korea achieves milestone with first SIMOPS methanol bunkering in Busan

South Korea successfully conducted its first ever Simultaneous Operations (SIMOPs) of ship-to-ship methanol bunkering at Busan New Port on 4 October, according to Korean Register (KR) on Thursday (30 October). 

KR said this groundbreaking achievement marks a crucial advancement in the nation's commitment to developing a sustainable ship fuel supply chain.

In an 11-hour bunkering operation, Hyodong Shipping’s bunkering vessel Hyodong Chemi supplied 3,000 metric tonnes (mt) of methanol to containership Antonia Maersk at Busan New Port Terminal 2(PNC) during cargo unloading. 

This follows the successful LNG bunkering SIMOPs at Busan New Port in August. 

The Ministry of Oceans and Fisheries (MOF) spearheaded this initiative as part of its plan to build an Eco-friendly Ship Fuel Supply Chain, announced in November 2023. The ministry has been diligently working on securing bunkering vessels, developing port infrastructure, and standardising bunkering procedures.

Busan Port Authority (BPA) supported the methanol bunkering demonstration project, offering exemptions on port facility usage fees and coordinating with relevant agencies to review safety protocols through an inter-agency consultative body.

Korean Register (KR) has played a pivotal role in providing technical support for the development of a methanol bunkering safety system. KR's contributions include developing standard operating procedures, defining safety management zones, and creating guidance for self-safety management plans.

This accomplishment is expected to significantly enhance the competitiveness of South Korean ports in the growing market for eco-friendly shipping. The successful implementation of SIMOPs, which allows for simultaneous cargo operations and supply of green fuel, is particularly attractive to shipping companies aiming to reduce costs and improve efficiency.  

KANG Joonsuk, CEO & President of BPA, said: “This successful demonstration marks a monumental achievement, showing that Busan Port is fully capable of supplying methanol. We plan to enhance Busan Port’s global competitiveness by developing infrastructure and advancing technology to expand eco-friendly fuel bunkering, positioning it as a leading green port on the world stage.”  

LEE Hyungchul, Chairman & CEO of KR, said: “As the maritime industry continues to seek greener alternatives, South Korea is trying to position itself at the forefront of sustainable shipping practices. KR will continue to provide full support for technical cooperation to ensure safe and successful green fuel bunkering operations.”

Related: South Korea achieves first-ever SIMOPS LNG bunkering operation of bulk carrier 

Photo credit: Korean Register
Published: 1 November, 2024

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Ammonia

HD Hyundai Heavy Industries wins DNV AiP for ammonia DF large container vessel

Milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a bunker fuel, says DNV.

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HD Hyundai Heavy Industries wins DNV AiP for ammonia DF large container vessel

Classification society DNV on Wednesday (30 November) said it has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design. 

DNV said the milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel.

“The project focused on developing designs to enhance safety, including an optimised ammonia tank design, advanced fire safety systems, enhanced ammonia release mitigation system and boil-off gas (BOG) handling systems,” it said in a statement. 

“These innovations could play an important role in building confidence in the safe and efficient use of ammonia as a marine fuel.”

On container ships, where the upper deck is a safe working zone, DNV said an ammonia leak could pose a serious risk. This means, establishing safety design criteria to manage these risks is crucial for the wider commercialization of ammonia-fueled ships.

To this end, fuel pipe leakage scenarios were defined and quantitatively analysed through gas dispersion analyses. Consequently, it was confirmed that, with conventional systems, foreseeable small leakages occurring at connections within the ammonia piping system can form toxic areas with dangerous ammonia concentrations throughout the entire weather deck, highlighting the need for effective mitigation measures. 

The result showed that hazardous areas were significantly reduced by the enhanced ammonia release mitigation system, enabling not only safer enclosed spaces but also safer working areas across the entire weather deck of the vessel.

Seung-ho Jeon, SEVP, CTO of HD HHI, said: “The AiP reflects HD HHI’s dedication to developing sustainable, innovative solutions like ammonia-fuelled vessels, which will play a key role in reducing emissions and shaping the future of shipping.”

Vidar Dolonen, DNV Regional Manager Korea and Japan, said: "This AiP highlights the importance of safety in moving the maritime industry along the path to decarbonization.”

“There are many aspects to building out zero carbon fuels in shipping, and it’s essential that we have them all in place for ammonia to truly establish itself in the marine fuel market.”

“But with new technological solutions, alongside rigorous safety procedures, ammonia reach its full potential as one of the most promising green fuels. DNV is proud to support these advancements from HD HHI as we continue on this journey to an even more sustainable maritime industry.”

 

Photo credit: DNV
Published: 1 November, 2024

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