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OceanScore to launch combined EU ETS and FuelEU solution in Singapore

Albrecht Grell, Managing Director, and Leo Grayson, Head of Commercial, APAC, will explain how the Compliance Manager can help businesses thrive under the latest regulations.

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OceanScore Managing Director Albrecht Grell

Hamburg-based technology platform OceanScore will introduce the Compliance Manager, its new solution that will help effectively manage FuelEU Maritime Regulation and EU Emissions Trading System (EU ETS) on one platform, in Singapore. 

Albrecht Grell, Managing Director, and Leo Grayson, Head of Commercial, APAC, will discuss the FuelEU regulation in depth, what it means for Asian players, and best practices and strategies for efficient compliance.

The event will be held from 3 to 5pm (Singapore time) on 23 January. The venue of the event will be at OceanScore Singapore, c/o Blue Net Chartering Asia Pte. Ltd., 20 Cecil Street, PLUS, #24-02.

Note: Registration for the event can be completed here

 

Photo credit: OceanScore
Published: 8 January, 2025

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Alternative Fuels

China’s SDARI receives AiPs for alternative-fuelled ships including ammonia bunker vessel

CSSC’s SDARI obtained Approval in Principle (AiP) certificates from classification societies ABS, RINA and LR for four vessel designs including a 50,000 cubic metre ammonia bunkering vessel.

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China’s SDARI receives AiPs for alternative-fuelled ships including ammonia bunker vessel

China State Shipbuilding Corporation’s (CSSC) Shanghai Merchant Ship Design and Research Institute (SDARI) recently obtained Approval in Principle (AiP) certificates from several classification societies for four vessel designs. 

Among the four is a 50,000 cubic metre (m3) ammonia bunkering vessel, which received AiP certificate from American Bureau of Shipping (ABS). 

It integrates liquid ammonia transportation and bunkering functions and can meet the long-distance transportation needs of liquefied gas goods such as liquefied petroleum gas (LPG) and liquid ammonia. 

The ship is equipped with three IMO Type A independent liquid cargo tanks, and uses zero-carbon ammonia fuel to drive the main engine and generator, meeting the IMO greenhouse gas emission reduction strategy and actively responding to the latest greenhouse gas intensity (GFI) requirements of the 83rd meeting of the IMO Marine Environment Protection Committee (MEPC 83). 

The entire ship is equipped with two independent 1,000 m3 deck liquid ammonia storage tanks, taking into account the ammonia fuel endurance requirements under multi-cargo loading and unloading, significantly improving operational economy and flexibility. 

In response to the needs of bunkering operations, it is specially equipped with a retractable bow thruster, side thruster and adjustable propellers to meet ABS’ DPS-1 notation and adapt to the complex port environment of bunkering operations. 

China’s SDARI receives AiPs for alternative-fuelled ships including ammonia bunker vessel

Meanwhile, a dual-fuel LNG/hydrogen-powered Ultramax bulker design and a 30,000 GT Roll-On/Roll-Off Passenger (ROPAX) ship designed to sail in the Mediterranean Sea received AiP certificates from RINA. 

SDARI also received AiP from Lloyd’s Register (LR) for a 113,000 dwt ammonia dual-fuel liquid cargo ship. The optimised propulsion system, specially configured with an ammonia dual-fuel power system and a wind-assisted propulsion system, is expected to save more than 10% energy, especially at low speeds. 

 

Photo credit: Shanghai Merchant Ship Design and Research Institute
Published: 12 June, 2025

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Alternative Fuels

GCMD-BCG survey: 77% of shipowners, operators view net zero as high strategic priority

Survey also found the use of bio-blended bunker fuels has more than doubled to 46% and methanol use has increased from 3% to 6% but uptake of more nascent technologies such as ammonia remains limited.

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GCMD-BCG survey: 77% of shipowners, operators view net zero as high strategic priority

The Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (11 June) said a survey found 77% of shipowners and operators now consider achieving net zero a high priority in their strategy, up from 73% two years ago.

This was among the findings of the second edition of the Global Maritime Decarbonisation Survey, jointly conducted by GCMD and Boston Consulting Group (BCG) between October 2024 and February 2025.

The survey gathered 114 responses from shipowners and operators across a range of vessel types, fleet sizes, and regions. While the survey was conducted before the International Maritime Organization’s (IMO) MEPC 83 session in April, its findings already reflected sustained commitment across the industry. The outcomes of MEPC 83—introducing new regulatory targets and incentives—are expected to reinforce these ambitions and further accelerate momentum.

Survey results show that 60% of respondents have now set net-zero targets (up from 54%), while the use of bio-blended fuels has more than doubled to 46%, and methanol use has increased from 3% to 6%. However, uptake of more nascent technologies—such as ammonia, wind-assisted propulsion systems, solar panels, super-light ships, and air lubrication—remains limited.

The survey also reflects the industry’s desire for policies and regulations to create a level playing field. Nearly three-quarters of respondents identified either compliance measures or financial incentives as the most important policy objectives. A level playing field will ensure that early adopters are not competitively disadvantaged on cost and stakeholders with limited resources can benefit from financial support to overcome economic barriers.

The survey also gathered insights from key bunkering ports, whose support is critical for maritime decarbonisation. Most surveyed ports have roadmaps and dedicated teams focused on initiatives to facilitate maritime decarbonisation, and all of them, namely Port of Antwerp-Bruges, Port of Long Beach, Port of New York and New Jersey, Port of Rotterdam, and Port of Singapore, offer green incentives. 

A significant concern for ports, however, is the lack of demand certainty from shipping companies for both low-carbon fuels and Onboard Carbon Capture Systems (OCCS). This ‘chicken-and-egg’ dilemma hinders ports to take on the investment decision to develop the requisite infrastructure, though the recently introduced GHG pricing mechanism is expected to strengthen demand signals for low-carbon fuels.

Dr Sanjay C Kuttan, Chief Strategy Officer of GCMD, said, “Positive developments in maritime policy, especially from the IMO, which further tighten limits on GHG emissions, along with the increased ambitions voiced by survey respondents, are encouraging signals. Greater cooperation with the ports and pertinent stakeholders across the various value chains will be required to address challenges across the broader ecosystem. With the right investments and collaborative actions, the maritime industry can chart a course to a future where sustainable decarbonisation and commercial success can co-exist.

Anand Veeraraghavan, Managing Director and Senior Partner of BCG, said, “It is encouraging to see that even in the face of global uncertainties, the maritime industry’s decarbonisation ambitions remain intact and steadfast. The recent MEPC outcomes mark a pivotal step forward, sharpening demand signals with incentives for exceeding compliance goals and penalty mechanisms for shortfalls. Now is the time for the industry—both ships and ports—to build on this momentum.

Note: The second edition of the GCMD–BCG Global Maritime Decarbonisation Survey report can be viewed here

 

Photo credit: Lukas Blazek on Unsplash
Published: 12 June, 2025

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Events

Singapore: MPA and NUS launch 9th edition of PIER71 Smart Port Challenge 2025

PIER71™ will broaden its outreach by conducting 15 roadshows across 13 cities in June, including new locations in Los Angeles, Boston, Germany, the United Kingdom, the Netherlands, China and India.

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Singapore: MPA and NUS launch 9th edition of PIER71 Smart Port Challenge 2025

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of National University of Singapore (NUS), jointly launched the 9th edition of the PIER71™ Smart Port Challenge (SPC) 2025 on Tuesday (10 June). 

This global competition invites startups to develop innovative solutions addressing challenges in the maritime industry.

SPC2025 was officially launched by Mr Teo Eng Dih, MPA Chief Executive, Dr Tan Sian Wee, NUS Senior Vice President (Innovation & Enterprise), and supporting partner Plug and Play, represented by Mr Jupe Tan, Managing Partner APAC, at Echelon 2025 – Asia’s premier tech and startup conference. 

The PIER71™ event drew over 200 international startups, venture capitalists, and maritime partners. The opening ceremony also featured a panel discussion “Scaling Smart: Maritime Startups, Strategic Capital, and Global Growth”, which provided valuable insights for startups navigating today’s complex investment landscape. 

To broaden its global outreach, PIER71™ will conduct 15 roadshows across 13 cities in June, in partnership with its global innovation network. Locations include the United States, Europe, South Korea, China, and India. This will be the first time roadshows are held in Los Angeles and Boston (US), Germany, the United Kingdom, and the Netherlands, as well as in China and India.

SPC 2025 features 15 challenge statements spanning four focus areas: Maritime Green Technologies, Smart Shipping, Next-Generation Ports, and Digitalisation, supported by over 20 innovation partners. Shortlisted startups will participate in a 10-week SPC Accelerate programme, which now offers a more targeted mentorship structure.

Participating startups will receive tailored guidance, hands-on workshops, and opportunities for market validation based on their specific stage of development.

Upon completion of the programme, participants may apply for support from MPA’s Maritime Innovation and Technology (MINT) Fund for proof-of-concept, pilot projects, and product development.

The top startups will be awarded cash prizes at the SPC2025 Great Circle finals in November 2025. Startups can submit their proposals at https://pier71.sg by 11 July 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 12 June, 2025

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