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MPA announces incentives for newbuild harbour crafts using alternative bunker fuels

Effective from 1 January, incentives for newbuild harbour craft under GPP will be subsumed under GCP, which encourages early adoption of zero-emission fuel and tech, as well as zero- and low- carbon fuels.

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The Maritime and Port Authority of Singapore (MPA) on Wednesday (31 December) issued Port Marine Circular No. 15 of 2024 regarding the introduction of Green Craft Programme (GCP) for newbuild harbour craft: 

This circular supersedes Port Marine Circular No.10 of 2022 and will take effect from 1 January 2025 until 31 December 2027.

The MSGI has been enhanced to better align with the targets established by the International Maritime Organization (IMO) to achieve peak greenhouse gas (GHG) emissions from international shipping as soon as possible, and to guide the industry towards reaching net-zero by or around 2050.

Under the revised MSGI, with effect from 1 January 2025, the incentives for new build harbour craft under the Green Port Programme (GPP) will be subsumed under the new GCP, which encourages the early adoption of zero-emission fuel and technologies, as well as zero- and low- carbon fuels for new build harbour craft.

All craft that are currently registered under the 5-year waiver of craft port dues for low or zero carbon-fuelled and fully electric MPA licensed harbour craft under the GPP will continue to enjoy the waiver of craft port dues until the end of 5-year validity period, or until 31 December 2027, whichever is earlier, provided that the craft (a) maintains the MPA licence, and (b) successfully demonstrates the use of zero-emission fuel/technology or zero/low carbon fuel throughout the year. 

For those craft that have yet to reach the full 5-year validity period as at 31 December 2027, they will also need to provide MPA with documents including calculations and verified proof of mitigation technologies to continue to enjoy port dues waiver for the full 5-year validity period, to be in line with GCP. The craft registered under the GPP will not be eligible for the new GCP.

The new GCP will offer craft port dues concessions for new build harbour craft (with MPA Harbour Craft Licence issued between 1 January 2025 and 31 December 2027) meeting one of the following criteria:

MPA announces incentives for newbuild harbour crafts using alternative bunker fuels

Participants in the GCP are required to meet the following terms and conditions:

  1. To participate in the GCP, shipowners/charterers should ensure that their new build harbour craft are registered under the GCP via the online registration process for new Harbour Craft Licence in digitalPORT@SGTM at https://digitalport.mpa.gov.sg/. The documents to be submitted during the registration process for verification is listed in Table 1.
  2. The eligibility for the port dues concession under the GCP will be assessed during the registration of new build harbour craft. Only one concession scheme will be granted to an eligible new build harbour craft, determined by the declared engine type and the submission of relevant supporting documents to MPA. MPA will work with participants on verified data and calculations, as well as the proof of the mitigation technologies.
  3. To enjoy the applicable craft port dues concession under the awarded concession scheme, the craft must (i) switch to zero-emission fuel/technology or zero/low carbon fuel for the main engine and auxiliary engine when operating in the Singapore Port Limits, and (ii) use zero-emission fuel/technology or zero/low carbon fuel throughout operations in the Singapore Port Limits.
  4. Craft registered under the GCP will be subjected to annual documentation review by the MPA during the concession period. Supporting documents (listed in Table 1) must be made available to MPA upon request throughout the applicable concession period to demonstrate the use of zero-emission fuel/technology or zero/low carbon fuel. The approved concession will be granted at the end of each licence period.

The port dues concession offered under the GCP is valid in conjunction to any other concessions that the vessel may enjoy. All participants of the GCP are subject to the Terms and Conditions outlined in this Port Marine Circular (PMC). MPA reserves the right to amend the Terms and Conditions of the GCP, based on developments in IMO regulations and Singapore’s domestic climate targets (Nationally Determined Contributions).

For queries regarding the programme, please refer to the Frequently Asked Questions (FAQs) in Annex I. Should you have any further questions, please contact us at [email protected]. For queries related to harbour craft licensing, please contact Marine Licensing and Permits (MLP) at 1800 272 7777 or email at [email protected].

Note: The full circular by MPA can be found here

 

Photo credit: Maritime and Port Authority of Singapore
Published: 2 January, 2025

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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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