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LNG Bunkering

Seaspan Energy becomes first accredited Vancouver LNG bunkering supplier

Accreditation authorises Seaspan to conduct ship-to-ship LNG bunkering for LNG-fuelled vessels calling at the Port of Vancouver; Seaspan will be required to renew its licence annually.

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Seaspan Energy becomes first accredited Vancouver LNG bunkering supplier

Seaspan Energy (Seaspan) on Monday (18 November) has received a liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA), the first LNG bunkering accreditation to be issued by the VFPA. 

This accreditation authorises Seaspan to conduct ship-to-ship LNG bunkering for LNG fueled vessels calling at the Port of Vancouver.

“This accreditation is an important next step in Seaspan Energy’s journey towards offering low-carbon solutions for ship owners,” said Harly Penner, Senior Vice President, Seaspan Energy. 

“LNG will play an integral role in the global transition to cleaner marine fuels, as we collectively aim to meet the International Maritime Organization’s emissions reductions targets by 2030 and beyond.”

“Being the first company to receive this LNG bunkering accreditation from the VFPA is a very meaningful step towards the start up of our Vancouver based LNG bunker hub and I’m proud that Seaspan Energy will be at the forefront of helping to drive the marine industry towards a more sustainable future.”

Seaspan Energy is working towards operating three 112m-long LNG bunkering vessels named after iconic West Coast mountains; Seaspan Garibaldi, Seaspan Lions, and Seaspan Baker

Both the Seaspan Garibaldi and Seaspan Lions will enter into service soon and will provide LNG bunkering services on the West Coast of North America.

VFPA said the accreditation makes LNG the first approved alternative fuel for ship bunkering at the Port of Vancouver, and supports efforts by the international shipping sector to move away from traditional marine heavy fuels and meet emissions reduction goals.

“LNG and other fuels safely move through the port every day including various LNG-fuelled deep-sea vessels already calling port terminals,” it said in a separate statement.

“In recent years dual-fuel LNG vessels calling the Port of Vancouver have included tankers, roll-on/roll-off ships carrying vehicles, and container and cruise ships.”

VFPA added Seaspan Energy’s accreditation means LNG-powered vessels will now be able to safely refuel while in port—enhancing efficiency and sustainability at Canada’s largest port. 

As part of the port authority’s robust LNG accreditation program, Seaspan Energy will be required to renew its licence annually to ensure it continues to meet the highest LNG bunkering safety standards and procedures.

 

Photo credit: Seaspan Energy
Published: 20 November, 2024

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Bunker Fuel

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

4.59 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt recorded during the similar month in 2024, according to MPA.

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Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Sales of marine fuel at Singapore port increased by 7.5% on year in June 2025, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.59 million metric tonnes (mt) (exact 4,594,700 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt (4,274,900 mt) recorded during the similar month in 2024.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 1.70 million mt (+8.6% from 1.56 million mt), 2.31 million mt (-7.2% from 2.33 million mt), 1,900 mt (from zero), 4,500 mt (-88% from 8,000 mt) and zero (from zero).

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 38,800 mt (+671.7% from 2,500 mt), 114,300 mt (+97.9% from 45,400 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February this year, recorded 1,000 mt of deliveries in June.

LNG and methanol sales were respectively 55,400 mt (-7.8% from 51,700) and zero (from zero mt). There were no recorded sales of ammonia for the month and so far in 2025.

Related: Singapore: Bunker sales volume raises to year record high of 4.88 million mt in May
Related: Singapore: Bunker fuel sales increase by 4% on year in April 2025
Related: Singapore: Bunker fuel sales increase by 0.5% on year in March 2025
Related: Singapore: Bunker fuel sales down by 8.1% on year in February 2025
Related: Singapore: Bunker fuel sales down by 9.1% on year in January 2025

A complete series of articles on Singapore bunker volumes reported by Manifold Times tracked since 2018 can be found via the link here.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July 2025

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

Rotterdam B100’s discount to LSMGO tops $300/mt; earliest B100 delivery dates vary widely in Rotterdam; LNG bunker delivery premium at $130/mt in Rotterdam.

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ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

  • Rotterdam B100’s discount to LSMGO tops $300/mt
  • Earliest B100 delivery dates vary widely in Rotterdam
  • LNG bunker delivery premium at $130/mt in Rotterdam

B100’s discount to VLSFO in Rotterdam has widened by $8/mt to $173/mt. Its discount to LSMGO has increased by a greater $24/mt in the past week, to reach $322/mt.

In Singapore, B100 has become $50/mt more expensive than VLSFO over the past week, pushing its premium to $519/mt. These prices include estimated pooling values for voyages between Singapore and EU ports.

ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

B100 is also the cheapest fuel option in Rotterdam for dual-fuel vessels with Otto medium-speed (Otto MS) engines. Its discount to LNG has widened by $30/mt, now ranging between $91–257/mt depending on engine type.

For Otto MS engines, B100 is now $53/mt cheaper than LBM. But for ships with diesel slow-speed (diesel SS) engines, LBM is the more cost-effective option, priced $64/mt below B100 due to its lower methane slip.

Liquid fuels

VLSFO prices have remained mostly steady over the past week. Rotterdam’s benchmark has edged up by $1/mt, while Singapore’s has dipped by $7/mt.

Rotterdam’s B100 has declined by $7/mt.

B100 bunker availability has varied widely between suppliers in Rotterdam in the past week. One supplier had tight barge availability and could deliver with four days of lead time. Another could deliver in 1-2 days, but at a hefty price premium. Most suppliers needed 7-8 days of lead time.

Singapore’s B100 price has surged $43/mt higher over the past week.

Liquid gases

Rotterdam’s LNG bunker price has risen by $23/mt, while its LBM has followed closely with a $26/mt gain.

LNG’s price rise has come amid “increased demand for air conditioning due to the hot weather, demand for injection into underground gas storage, and continued demand for gas transportation to Eastern Europe,” according to the Japan Organization for Metals and Energy Security (JOGMEC).

A $10/mt rise in Rotterdam’s LNG bunker delivery premium assessed by ENGINE has also contributed to the price increase. The premium is around $130/mt now.

Singapore’s LNG price has remained largely unchanged, slipping by just $1/mt over the past week.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 15 July, 2025

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LNG Bunkering

Shell conducts first LNG bunkering with Hyundai Glovis at Singapore port

‘We’re excited to support Hyundai Glovis on this journey and look forward to bunkering their vessels again very soon with our LNG network spread across the globe,’ states Shell representative.

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Hyundai Glovis LNG bunkering in Singapore

Oil major Shell recently conducted its first liquefied natural gas (LNG) bunkering operation with Hyundai Glovis at Singapore port.

“As the logistics powerhouse behind Hyundai and Kia’s global exports, Hyundai Glovis plays a critical role in meeting maritime transportation demands for finished vehicles. It also provides third-party services to leading car makers around the world,” said Dexter Belmar, Vice President, Global Downstream LNG, Shell on Friday (11 July) over a LinkedIn update.

“Hyundai Glovis is charting a course toward net zero emissions, with plans to operate 32 LNG dual-fuel pure car and truck carriers (PCTC) by 2028. Seven of these vessels are already in service — including the Glovis Selene, a 7,000 CEU carrier delivered in 2024 and equipped with 12 vehicle decks.

“These vessels aren’t just lowering emissions for finished vehicle logistics, they’re among the largest LNG dual-fuel car carriers in the world, with capacities up to 10,800 CEU. A powerful signal of scale and ambition.

“We’re excited to support Hyundai Glovis on this journey and look forward to bunkering their vessels again very soon with our LNG network spread across the globe.”

 

Photo credit: Shell
Published: 14 July 2025

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