Alternative Fuels

Insight brief summarises discussions from Global Maritime Forum Annual Summit

Findings of paper include combination of policy measures is the best way to close the competitiveness gap between fossil fuels and scalable zero emissions fuels (SZEF).

Published

2 years ago

December 7, 2022

Admin

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The Global Maritime Forum on Thursday (1 December) announced a new Insight Brief prepared by several authors that summarises discussions from the Global Maritime Forum Annual Summit around the policy imperative to decarbonise shipping in line with the Paris Agreement’s 1.5 degree Celsius temperature goal, in the context of the momentum for policy action that has emerged over the past years.

The brief titled Shipping’s urgent need for Paris-aligned regulation said the Global Maritime Forum discussions echoed the now wide call from across shipping’s industry associations for IMO to adopt a high ambition GHG Strategy and associated regulation to transform shipping and ensure a level playing field and commercial viability.

The main findings of this Insight Brief are that:

The Revised IMO GHG Strategy should set clear 1.5-aligned interim targets, for example GHG emissions reduction targets for 2030 and 2040. Targets should be guided by IPCC science and specify the reduction rates over each decade. The IPCC science indicates GHG reductions in 2040 at least 80% below 2008 emissions. A higher value (90% or more) is likely to be necessary to acknowledge that deep absolute reductions may not be achievable by 2030.
A combination of policy measures is the best way to close the competitiveness gap between fossil fuels and scalable zero emissions fuels (SZEF) and phase out GHG emissions. This is because no single individual measure is likely to effectively do this on its own.
A combination of policy measures could at least include 1) an economic instrument, for example a carbon levy as this is the simplest to administer for industry, and it can generate revenue to support the transition, and 2) a global GHG fuel standard, as this would send a clear signal to industry for gradual and final phase-out of GHG emissions.
Both the Revised IMO GHG Strategy and policy measures must adopt a well-to-wake framing for targets and incentives.
Provisions for revenue allocation and spending should be developed to ensure an effective transition that is also just and equitable for workers, communities and countries. Provisions should include climate finance for developing countries, especially SIDS and LDCs.
Provisions for revenue allocation could also include a system of funding seafarer training for new fuels and other decarbonisation technologies. Other options are support for development, distribution, and buying of SZEF and development of zero emission vessels.

Following these recommendations and steps to take for the IMO, the paper suggests they are more likely to create strong demand for SZEFs, zero emission technologies and vessels, which will maximise the required investments in shipping decarbonisation including the critically important land-side investment in new scalable zero emission energy supply chains. Strong, clear regulation at the IMO is the safest way to ensure that both the fleet and fuels needed will be available in the quantities needed for a 1.5-aligned transition.

The available time to reduce GHG emissions in line with 1.5 is so compressed, that failure to agree on science-based interim targets in 2023 could mean that investments and an orderly transition would no-longer be possible.

The paper further stresses that shipping’s decarbonisation transition will have huge implications for seafarers and maritime workers across the value chain. It is critically important that the voice of seafarers is listened to in the revision of the Strategy and policy measures, and in the continuous work to review and improve regulation.

There is a need for stakeholders in the shipping industry and value chain to help amplify these requests. The damage to the industry that can result from the significant downside risk of a late, disorderly, or globally fragmented transition means that it’s in our collective interest that IMO provides clarity and ensures a level-playing field by taking the above steps. Now is the time to seize the window of opportunity and put trust in the IMO to adopt a clear and ambitious strategy with the policies the industry and its value chain needs to manage the risks and opportunities of important new investments.

Note: The full ‘Shipping’s urgent need for Paris-aligned regulation insight’ brief can be found here.

Photo credit: Shaah Shahidh on Unsplash
Published: 7 December, 2022

Business

SMW 2025: MPA and Dalian Maritime University to partner on joint maritime training

Both signed a MoU to enhance talent development and academic exchange between Singapore and China, focusing on maritime digitalisation and decarbonisation and covering areas such as clean energy.

Published

5 hours ago

March 28, 2025

Admin

SMW 2025: MPA and Dalian Maritime University to partner on joint maritime training

The Maritime and Port Authority of Singapore (MPA) and Dalian Maritime University (DMU) on Friday (28 March) said they have renewed their Memorandum of Understanding (MoU) to enhance talent development and academic exchange between Singapore and China in the maritime sector.

The MoU renewal was signed by MPA Chief Executive, Mr Teo Eng Dih, and Professor Shan Hongjun, President of DMU. This renewal builds on the successful collaboration established since 2021, and further strengthens talent development and knowledge exchange between both maritime ecosystems.

As part of the MOU, MPA and DMU will continue to engage in faculty exchanges, study visits and student exchanges in Singapore and Dalian, and joint maritime training and research programmes. Trainers from MPA, including subject matter experts and adjunct trainers, will contribute to courses, events and knowledge sharing.

The collaboration will focus on digitalisation and decarbonisation, covering areas such as clean energy and sustainable practices in the maritime sector, digital transformation of maritime operations, environmental management, maritime safety, navigational technologies, and port management and smart technologies.

DMU is home to world-class facilities, including two ocean-going training vessels and state-of-the-art research centre. A leader in autonomous ship technology and innovation in smart and sustainable shipping, the university has recently launched its 3rd ocean-going new generation autonomous training vessel.

Mr Teo Eng Dih, Chief Executive, MPA, said, “The renewal of this MOU reflects the strong partnership between MPA and DMU. As the maritime industry evolves, our collaboration in maritime education and training is more crucial than ever in preparing the next generation of maritime professionals. This agreement will enhance maritime talent development and knowledge sharing between Singapore and China, fostering innovation and sustainability in the maritime sector.”

Photo credit: Maritime and Port Authority of Singapore
Published: 28 March, 2025

Alternative Fuels

SMW 2025: Geospatial tools to be explored for port operations including bunkering

MPA and partners will explore the use of geospatial tools to develop solutions to improve safety and efficiency of port operations, such as bunkering of alternative fuels and vessel navigation.

Published

5 hours ago

March 28, 2025

Admin

SMW 2025: Geospatial tools to be explored for port operations including bunkering

The Maritime and Port Authority of Singapore (MPA) on Wednesday (26 March) signed a memorandum of understanding (MoU) with several partners to promote knowledge-sharing initiatives and explore geospatial technologies to address real-world challenges in the republic.

Partners will explore the use of geospatial tools to develop solutions to strengthen preparedness, monitor sea level rise, and improve the safety and efficiency of port operations, such as vessel navigation, marine services and the bunkering of alternative fuels.

MPA signed a three-year MOU with Jurong Port, Singapore Cruise Centre Private Limited, Esri Singapore, Hexagon’s Safety Infrastructure and Geospatial Division, Nika, Technology Centre for Offshore and Marine, Singapore (TCOMS), A*STAR Institute of High Performance Computing (A*STAR IHPC) and the Centre of Excellence in Modelling and Simulation for Next Generation Ports (C4NGP) in the College of Design and Engineering of the National University of Singapore (NUS).

Geospatial tools use location-based data such as satellite images, traffic and weather data, and sensor readings from buoys and on land to create 2D and 3D visual insights.

These can help stakeholders monitor real-time conditions, manage risks, and plan operations more effectively by improving risk management and decision-making, and enhancing operational planning for improved safety and efficiency.

MPA also signed a three-year MOU with NUS to develop a skilled maritime geospatial workforce.

Under this partnership, MPA and NUS will explore the development of maritime geospatial courses for NUS undergraduate and post-graduate geography students, and a professional certification programme for mid-career professionals.

The maritime geospatial programmes will cover skills in 2D and 3D mapping, geospatial analytics, and advanced environmental and operations modelling. This will build a pipeline of talent equipped with the skills and knowledge to drive maritime geospatial innovation in the industry and government.

Photo credit: Maritime and Port Authority of Singapore
Published: 28 March, 2025

Biofuel

Monjasa and NYK complete first-ever biofuel bunkering operation in Panama

Monjasa delivered a total of 900 mt of B30 biofuel, using tanker “Monjasa Thunder”, to NYK-operated vessel “Hestia Leader” at Port of Cristobal, marking the first ISCC-certified biofuels supply in Panama.

Published

5 hours ago

March 28, 2025

Admin

Monjasa and NYK complete first-ever biofuel bunkering operation in Panama

Marine fuels supplier Monjasa on Thursday (27 March) said it delivered a total of 900 metric tonnes (mt) of B30 biofuel to NYK-operated vessel Hestia Leader in the Port of Cristobal, Panama on 2 February.

This ship-to-ship operation was performed by the 19,991 dwt Monjasa Thunder and marked the first ISCC-certified biofuels supply in Panama and the establishment of a scalable 2nd generation marine biofuels supply chain. This setup is capable of supplying a total of 5,000-7,000 mt monthly.

On 24 March 2025, the Panama Canal Authority announced the introduction of a NetZero Slot designed to support and reward shipowners and operators on their journey towards decarbonisation.

General Manager Latin America, Jonas Bruslund, said: “The introduction of biofuels in Panama has progressed slower than in major bunkering hubs like Singapore or Rotterdam, mainly due to lack of local feedstock and customer commitments.”

“However, we have now developed a viable strategy with a longstanding business partner to ship biofuels products from Europe for the benefit of shipowners operating in the Panama Canal area.”

“The Panama Canal has a strong agenda to promote low-carbon fuels and higher energy efficiency and we are pleased to challenge the status quo and actively support these efforts.”

Monjasa established its local maritime logistics in 2015 and today manages seven vessels across the Atlantic and Pacific areas of the Panama Canal.

In the Americas, Monjasa has already established biofuels partnerships across the port of Callao in Peru and in Cartagena, Colombia.

As an ISCC-certified partner, Monjasa allows all involved parties to trace feedstock used to produce biofuels from the point of origin to the end consumer. On this first supply in Panama, the B30 product consisted of 30% Fatty Acid Methyl Ester (FAME) and 70% Very Low Sulphur Fuel Oil (VLSFO).

Monjasa still awaits the shift away from sporadic biofuels inquiries to a broader pick-up in demand. Until then, Monjasa aims to continue establishing a string of global biofuels supply locations to support the shipping industry in meeting IMO’s 2050 climate change commitments.

Photo credit: Monjasa
Published: 28 March, 2025