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Alternative Fuels

LR: Hydrogen-based fuels and biofuels compete for prominence in future bunker fuel mix

E-ammonia could emerge as the most highly adopted maritime fuel amongst hydrogen-based fuels whilst liquefied bio-methane dominates amongst biofuels, according to recent LR report.




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A report by Lloyd’s Register (LR) Maritime Decarbonisation Hub presented a review of a wide range of fuel mix projections and has identified two alternative paths that will steer shipping’s course – hydrogen-based fuels scenarios and biofuels scenarios, according to LR on Friday (8 September). 

The report, titled The Future of Maritime Fuels, analyses the dynamics of the energy supply system within these scenarios, accounting for the expected supply as well as demands from other sectors for these fuels.

In the hydrogen-based fuels scenarios, e-ammonia is projected to emerge as the most highly adopted maritime fuel in the long-term, with an average share of 35% of the shipping fuels market by 2050. Such adoption yields significant energy demands, which will potentially drive the shipping industry to be the largest user of ammonia worldwide. 

It is projected that blue and e-ammonia will capture between 20% to 60% of total shipping fuels by 2050, with total consumption by shipping increasing on average from 0.79 exajoules (EJ) in 2030 to 6.06 EJ in 2050.

In the biofuels scenarios, liquefied bio-methane is projected to capture on average 34% of total shipping fuels by 2050, with total consumption by shipping increasing from 0.5 EJ in 2030 to 4.58 EJ in 2050. However, the expected supply of bio-methane needed for shipping is projected to vary between 0.3 EJ to 2 EJ during the time period under review, which will fall short of demand. This demonstrates that production will be insufficient to supply the total shipping demand for bio-methane.

The report also found that methanol is projected to have a lower market share of the shipping fuels market than ammonia and bio-methane, which runs counter to current trend of ordering dual-fuel methanol vessels in today’s shipping market. Combined bio- and e-methanol fuels are projected to capture on average a market share of 13.4% of total shipping fuels by 2050.

These fuel mix projections underscore the industry's pivotal role in driving alternative fuel adoption while grappling with unique challenges in balancing demand, supply, and investment in alternative fuel pathways.

Carlo Raucci, Decarbonisation Consultant, LR Maritime Decarbonisation Hub, said: “Our scrutiny of fuel mix projections shows that investors and shipowners will face the dilemma of choosing from different alternative fuel pathways. It is uncertain if one category of fuel will dominate the maritime fuel mix in the short and long-term, and investors face risks, such as stranded assets, which have limited the investment readiness level of low to zero-carbon fuels.”

“Therefore, first movers’ initiatives such as green shipping corridors, will be pivotal in reducing the uncertainty by scoping out multi-sector fuel supply projections that could potentially help to aggregate demand and lower risks.”

Charles Haskell, Director, LR Maritime Decarbonisation Hub, said: “For meaningful progress, stakeholders across the maritime supply chain need to take on leadership in shaping alternative multi-fuel strategies and catalyse investment cases through strategic partnerships and collaborations. The uncertain dominance of a single fuel category underscores the importance of exploring the potential future interaction of the shipping industry with the broader energy demand system.”

Following the analysis of different fuel mix projections, the report identified avenues for further exploration, such as deeper examination of fuel supply dynamics and their integration with existing fleet models, as well as cross-sector collaboration to enrich the industry’s understanding of shipping’s multifaceted fuel transition as it navigates towards greener horizons.

Note: The full report by LR Maritime Decarbonisation Hub titled ‘The Future of Maritime Fuels’ can be viewed here.

Photo credit: Lloyd’s Register
Published: 12 September, 2023

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Singapore: EPS orders ammonia, LNG dual-fuel vessels from China

EPS signed one contract for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International.






Singapore-based Eastern Pacific Shipping (EPS) on Wednesday (28 February) said it signed two new contract orders in a signing ceremony in Shanghai, one for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International. 

The contracts signed cover four 210,000 dwt ammonia dual-fuel bulk carriers and two 111,000 dwt LNG dual-fuel LR2 oil tankers, expanding our fleet of green vessels on water. 

“These are pivotal for EPS, testament to our continued commitment towards the decarbonisation of shipping,” EPS said in a social media post.

Manifold Times recently reported EPS signing a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel

The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate exceptional propulsive efficiency, will be fitted later this year, helping the 183-metre, 50,000 DWT oil and chemical tanker reduce overall energy consumption by approximately 10%, depending on vessel routing.

Related: Singapore: EPS orders its first wind-assisted propulsion system for tanker


Photo credit: Eastern Pacific Shipping
Published: 1 March 2024

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LNG Bunkering

Malaysia: Port of Tanjung Pelepas completes first LNG bunkering operation

Landmark event involved the CMA CGM Monaco, a 14,024 TEUs containership operated by French shipping giant CMA CGM.






Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, on Wednesday (28 February) announced a significant milestone with the successful completion of its first Liquefied Natural Gas (LNG) bunkering operation. 

The landmark event involved the CMA CGM Monaco, a 14,024 TEUs (Twenty-foot Equivalent Units) capacity containership operated by French shipping giant, CMA CGM.

Tan Sri Che Khalib Mohamad Noh, Chairman of PTP in a statement remarked this latest milestone demonstrates PTP’s commitment to continuously enhance its competitive advantages in an increasingly competitive global market.

“The successful completion of our first LNG bunkering operation also underscores our unwavering commitment to sustainability and environmental leadership. We are proud to partner with Petronas Trading Corporation Sendirian Berhad (PETCO) and CMA CGM on this initiative and showcase PTP’s capabilities as a leading facilitator of clean and efficient maritime operations.”

“This milestone paves the way for further growth in LNG bunkering at PTP, contributing significantly to the decarbonisation of the maritime industry.”

Commenting on this achievement, Mark Hardiman, Chief Executive Officer of PTP stated this latest milestone further highlights PTP’s position as the largest transshipment hub terminal in Malaysia.

“In preparation for the LNG bunkering operation, PTP worked closely since March 2022 with PETCO and CMA CGM, as well as with various other related government agencies to organise table-top exercises (TTX) and workshops, before carrying out the deployment exercise.”

“The success of the bunkering operation is a result of the seamless collaboration and preparations involving rigorous safety procedures through in-depth operational and risk assessments, modelling, and validation. We thank PETCO, CMA CGM all other involved parties for their joint efforts in operationalising the bunkering capability and we welcome partners to work with us to accelerate maritime decarbonisation,” said Hardiman.

Port of Tanjung Pelepas (PTP) is Malaysia’s largest transshipment hub with the capacity to handle 13 million TEUs annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.


Photo credit: Port of Tanjung Pelepas
Published: 1 March 2024

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Alternative Fuels

Wallenius Wilhelmsen to order four additional methanol DF PCTCs

Newbuilds will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.





Wallenius Wilhelmsen PCTC order

Roll-on/roll-off (Ro-Ro) shipping company Wallenius Wilhelmsen on Tuesday (27 February) declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels.

The 9,300 CEU methanol dual fuel vessels can utilise alternative fuel sources, such as methanol, upon delivery. They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

“Together with our customers we are committed to further shaping our industry and accelerating towards net zero. These new vessels are a vital part of that journey,” says Xavier Leroi, EVP & COO Shipping Services.

This latest commitment brings the total number of Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) to eight. Wallenius Wilhelmsen also retains further options.

The first of the Shaper Class vessels already ordered are expected to be delivered in the second half of 2026. The four additional vessels under the declared options will be delivered between May and November 2027.


Photo credit: Wallenius Wilhelmsen
Published: 1 March 2024

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