Connect with us

LNG Bunkering

SEA-LNG: Invest more in LNG bunker vessels, supply and liquefaction infrastructure

LNG bunker market, while growing substantially, is lagging and concerns persist regarding the ability to supply the rapidly growing fleet of LNG-fuelled vessels.

Admin

Published

7 months ago

on

SEA-LNG: Invest more in LNG bunker vessels, supply and liquefaction infrastructure

Industry coalition SEA-LNG on Thursday (5 December) said that while the approximately 2,200 LNG-fuelled vessels and LNG carriers represent only ‘two minutes into the hour’ of the global fleet of approximately 60,000 deep sea vessels, it remains an adolescent fuel that is maturing significantly faster than other alternative bunker fuels. 

However, it said the LNG pathway still needs more investment, especially in landside facilities for liquefaction near ports, bio and synthetic methane production and bunkering capacity worldwide.

This year has witnessed unprecedented investment in the maturing and scaling of LNG from ship owners.  LNG is starting to dominate as the preferred future fuel pathway. 

However, the bunker market, while growing substantially, is lagging and concerns persist regarding the ability to supply the rapidly growing fleet of LNG-fuelled vessels.

Peter Keller, Chairman, SEA-LNG, said: “With high profile owners now choosing the LNG pathway, we anticipate this trend will continue and accelerate through 2025 and beyond.”

“As the various alternative fuel pathways mature, there is a growing realisation that, despite previous aspirations, some alternative fuel pathways – like the LNG pathway – are more practical and realistic than others.”

“While investment in newbuild LNG-fuelled ships is robust, we need to see the same for bunker vessels, supply and liquefaction infrastructure. As the LNG pathway continues to mature and the use of liquefied biomethane and eventually e-methane increases, the delivery of the fuel to vessels must be assured and the investment gap closed.”

Keller added: “There are approximately 60,000 deep sea ships on the water and, today, we’re looking at around 600 LNG capable ships afloat with a further 600 on order. There are another 1,000 LNG cargo carriers and bunker vessels of varying sizes.”

“While that’s a small percentage of the global fleet, as the clock ticks towards shipping’s emissions reduction targets, the LNG pathway is maturing far faster than other alternative fuels.”

According to DNV there are currently 54 methanol vessels and 2 ammonia vessels on the water.

There are aspects of LNG usage that are fully mature – safety for one. LNG is easy to transport, poses minimal, if any, risk to marine environments, has a low flammability range and is non-toxic. Effective regulations, standards and guidelines for safe operations are widespread, and LNG has been shipped around the world for almost 60 years without any major incidents at sea or in ports.

Keller continued: “When compared to traditional fuels, LNG is more of a teenager with all the growing pains, challenges and victories associated with adolescence.”

“But it is maturing all the time as the market continues to grow, new build orders continue to rise, and the LNG pathway with biomethane and eventually e-methane produced from renewable hydrogen, gains acceptance globally.”

“Shipping stakeholders are investing in LNG because it provides a low risk, incremental pathway for decarbonisation, starting now.  The other alternative fuels are basically toddlers by comparison.  And when it comes to safety, some are mere newborns!”

Another critical need in the maturing process during a period of increased regulation of carbon emissions is the adoption of standardised chain of custody models on a worldwide basis. 

Chain of custody models are becoming increasingly important to maritime decarbonisation as they provide mechanisms to verify that the fuels used are low carbon. 

Such verification creates investor confidence in new fuel supply chains and accelerates the transition to low-carbon fuels, enabling early adoption in conditions of limited supply. 

“They will create a market for green fuels by connecting buyers to fuel producers away from bunker ports enabling faster scaling and providing flexibility to shipping companies at lower cost,” SEA-LNG added.

 

Photo credit: SEA-LNG
Published: 6 December, 2024

Related Topics:
Continue Reading

Port & Regulatory

China sees rapid growth in new-energy, clean-energy vessels for domestic market

Country has over 600 LNG vessels, primarily used for inland cargo transport, and 485 battery-powered electric vessels, mostly serving as passenger ferries.
Admin

Published

3 hours ago

on

July 8, 2025

By

Vice Transport Minister Fu Xuyin MT

China is accelerating its shift to use greener bunker fuels in inland water transport, with more than 1,000 vessels powered by new energy or clean energy now operating nationwide, according to the Ministry of Transport.

As of the end of 2024, the country had over 600 liquefied natural gas (LNG) vessels, primarily used for inland cargo transport, and 485 battery-powered electric vessels, mostly serving as passenger ferries, Vice Transport Minister Fu Xuyin told a press conference on 27 June.

A smaller number of inland vessels powered by methanol or hydrogen fuel cells are also in use, Fu added.

China’s electric vessel industry has developed rapidly in recent years, leading globally in both scale and technological advancement, he said.

Alongside upgrading vessels, China is accelerating efforts to develop green, low-carbon ports, and this includes expanding and renovating inland port terminals with a focus on sustainability, Fu noted.

China is also developing near-zero-carbon inland terminals, encouraging the use of wind and solar power at ports, promoting the use of new energy and clean energy in port machinery and on-site transport vehicles, and prioritizing rail and new-energy trucks for bulk cargo handling, he added.

 

Photo credit: Xu Xiang/China State Council Information Office
Published: 8 July 2025

Continue Reading

Bunker Fuel

Titan adopts FuelBoss by Ofiniti for digital bunkering and live delivery insights

Per-Christian Dettwiler, CPO of Titan, says the firm has reached a scale where manual coordination and paper-driven workflows are no longer sustainable and needed a digital platform that can evolve with it.

Admin

Published

1 day ago

on

July 7, 2025

By

Titan adopts FuelBoss by Ofiniti for digital bunkering and live delivery insights

Ofiniti, a provider of digital solutions for maritime bunker operations, on Thursday (3 July) said LNG bunker fuel supplier Titan Clean Fuels (Titan) is adopting its FuelBoss platform to meet higher demand for cleaner marine fuels and offer digitalised bunker operations. 

Ofiniti said Titan, which started as a small-scale LNG bunkering initiative, has rapidly evolved into a larger regional player in LNG and bio-LNG. 

“Confidence is continuing to grow in the sector, with recent reports showing that LNG accounts for 87 of the 151 alternative-fuelled vessels ordered in H1 of 2025,” the company said in a social media post. 

Subsequently, Titan is bolstering its capacity to handle higher demand with the FuelBoss software providing a digital backbone for increasing operational planning, scheduling and execution.

“We have reached a scale where manual coordination and paper-driven workflows are no longer sustainable. To maintain reliability, efficiency, and transparency across our growing operations, we needed a digital platform that can evolve with us. FuelBoss gives us the structure and visibility to execute consistently – no matter the vessel, port, or partner involved,” said Per-Christian Dettwiler, Chief Operating Officer of Titan.

FuelBoss enables real-time delivery coordination between vessels, suppliers, terminals, surveyors, and customers. This means reduced operational friction, more transparent communication, and the ability to meet the rising expectations of a broad customer base from cruise operators to deep-sea cargo fleets. 

“Titan exemplifies what a future-ready marine fuel supplier looks like: fast-growing, ambitious, and uncompromising on service quality. With clients spanning both regulated and high-performance environments, they expect structured, digital workflows by default, with eBDN being a part of this. We’re proud to support Titan on their mission to scale clean fuel delivery with confidence,” said Martin Christian Wold, VP Business Development of Ofiniti.

 

Photo credit: Ofiniti
Published: 7 July, 2025

Continue Reading

LNG Bunkering

Axpo Solutions wraps up first LNG STS bunkering operation in Port of Sines

During the operation, the company safely bunkered 2,700 metric tonnes of LNG to “MSC Togo”, carried out under Simultaneous Operations (SIMOPS), in Port of Sines in Portugal.

Admin

Published

1 day ago

on

July 7, 2025

By

Axpo Solutions wraps up first-ever LNG STS bunkering operation in Port of Sines

Axpo Solutions has successfully completed the first ever LNG Ship-to-Ship (STS) bunkering operation in Port of Sines in Portugal, according to Daniele Corti, Head of Small Scale LNG of the company, on Saturday (5 July).

During the operation, the company safely bunkered 2,700 metric tonnes (mt) of LNG to MSC Togo, carried out under Simultaneous Operations (SIMOPS).

“At Axpo, we’re deeply committed to expanding the availability of LNG as a marine fuel in more ports across Europe, supporting the meaningful decarbonisation of the maritime transport sector,” he said in a social media post. 

“We look forward to continuing our mission to enable cleaner shipping across Europe!”

 

Photo credit: Axpo Solutions
Published: 7 July, 2025

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending