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Alternative Fuels

SIBCON 2024: DNV dives into potential of energy efficiency tech in midst of green fuels demand

Denzal Hargreaves emphasized that without maximising these technologies, the maritime industry will need to heavily rely on all available potential carbon neutral fuels to achieve IMO’s 2030 targets.

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Denzal Hargreaves DNV

While it is encouraging that about 50% of the current order book represents vessels that are capable of carbon-neutral marine fuels, there are challenges in meeting demand for those fuels, said Denzal Hargreaves of classification society DNV during SIBCON on Thursday (10 October).

Hargreaves, VP, Area Manager of South East Asia (S) & Indian Subcontinent, DNV Maritime, said this during his presentation of DNV’s Maritime Forecast to 2050 report before moderating a panel session titled Is Methanol Heading for the Mainstream?.

He explained a fuel technology transition is already underway in the maritime industry, with half the ordered tonnage capable of using liquefied natural gas (LNG), liquefied petroleum gas (LPG), or methanol in dual-fuel engines. 

DNV Maritime Forecast 2024

DNV Maritime Forecast 2024

However, Hargreaves said the infrastructure and the rest of the supply chain must be ready to support the demand.

“Based on the order book and the ships that are ordered and the ships that are required to meet IMO’s 2030 targets, there is a need for carbon-neutral fuels,” he noted.

DNV Maritime Forecast 2024

DNV Maritime Forecast 2024

Based on DNV’s report, Hargreaves pointed out the potential of energy efficiency technologies to reduce the strain and need for carbon-neutral fuels but warned that without maximising these technologies, the maritime industry will need to heavily rely on carbon-neutral fuels to achieve IMO’s 2030 targets. 

“If we capitalise on all energy efficiency opportunities that are out there, we only require 10% of the estimated supply of carbon neutral fuels. But if we only take minimum benefits out of these efficiencies, we will need 100% of the potential green fuels available,” he said. 

“We do see a need to address energy losses through energy efficiency measures giving a reduction in energy consumption. And this is required not only for the existing fleet, but also for future vessels, because the demand and the available capacity of carbon neutral fuels will be quite a challenge to meet the consumption demands.”

He recommended shipowners to focus on reducing energy consumption now, have a flexible fuel pathway, and have a long-term strategy.

“Everything we commit today doesn’t mean that that’s the final but we have to start, and we have to keep going and building these blocks going forward,” he concluded. 

Manifold Times previously reported DNV presenting an outlook on six selected technologies that are receiving increased attention in the industry in its Maritime Forecast to 2050 report: solid oxide fuel cells, liquefied hydrogen, wind-assisted propulsion, air lubrication systems, onboard carbon capture, and nuclear propulsion.

The report estimates that fuel consumption can be reduced by between 4% and 16% by 2030 using operational and technical energy efficiency measures. Achieving 16% would save 40 Mt of fuel and 120 MtCO2 emissions, which would be equivalent to operating the 55,000 smallest ships or the 2,500 largest ships with carbon-neutral fuel. 

Related: DNV ‘Maritime Forecast to 2050’ report examines shipping’s energy future and role of technology in energy transition

 

Photo credit: DNV
Published: 18 October, 2024

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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