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SIBCON: Singapore gears up for future needs of the bunker industry

‘MPA will continue working closely with all stakeholders to ensure that Singapore is well positioned for 2020 and beyond,’ says Chief Executive.

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Singapore will be introducing several initiatives as part of efforts to cater for the future needs of the bunker industry, says the Maritime and Port Authority of Singapore (MPA) at the Singapore International Bunkering Conference and Exhibition (SIBCON) on Wednesday.

“This year marks the 20th edition of SIBCON and it remains the key global platform to provide thought leadership for the industry,” said Andrew Tan, Chief Executive, MPA.

“In light of the International Maritime Organization’s global sulphur limit from 1 January 2020, Singapore is committed to ensure a sufficient and broad range of solutions available to ship owners.

“As the world’s leading bunkering hub, MPA will continue working closely with all stakeholders to ensure that Singapore is well positioned for 2020 and beyond.”

The port authority will be introducing the following according to its press release:

PREPARING THE PORT OF SINGAPORE FOR THE FUTURE

A. Information sheet on fuel availability
To prepare the industry for the 0.5% global sulphur limit, MPA will publish an information sheet on the list of licensed bunker suppliers of low-sulphur fuels in Singapore by mid-2019. The information sheet will be made available online.
Several bunker suppliers and oil majors including Shell, ExxonMobil and BP have also affirmed their readiness to supply 0.5% compliant fuels by 1 January 2020. 

B. New work group to chart the future direction of our bunker industry
MPA will form a new work group with the industry to embark on an industry road mapping exercise to prepare the Singapore bunker industry for the future. Chaired by MPA, the work group will develop a roadmap that will include drivers such as digitalisation and innovation, and transparency and productivity in the sector. The work group will work towards completing the roadmap by fourth quarter of 2019.

FORGING GREATER INTERNATIONAL COLLABORATION ON LNG BUNKERING AND SUPPORTING DEVELOPMENT OF ALTERNATIVE CLEANER FUELS

C. Release of guidance document by LNG bunkering port focus group
In 2014, MPA formed an international focus group to deepen cooperation and information sharing on LNG bunkering. Since then, the LNG bunkering port focus group has grown from three to 11 participants. To provide guidance to the industry on the readiness of LNG bunkering facilities at each port, the focus group released an infographic jointly developed by the members.

D. First Middle East port joins the LNG port focus group
To add greater impetus towards making LNG bunkering a reality, today the MPA also welcomed the Suez Canal Economic Zone Authority, the first member from Middle East, into the focus group. The expansion was formalised via an MoU signing during the SIBCON opening ceremony. The addition of Suez Canal Economic Zone Authority will strengthen efforts towards building a global network of LNG bunker ready ports.

E. S$5 million for Green Energy Programme
Beyond the use of LNG as a marine fuel in the Port of Singapore, the MPA has allocated S$5 million to the Green Energy Programme (GEP) to support the development of other cleaner alternative marine fuels. Companies can tap on the fund to carry out various activities including the conduct of research and development for cleaner marine fuel solutions in Singapore. 

F. MPA joins SEALNG
Separately, MPA recently joined SEALNG’s membership coalition to further drive and align MPA’s efforts with the global LNG bunkering supply chain. SEALNG is a global coalition of players in the LNG shipping value chain who works collaboratively to drive the widespread adoption of LNG as a marine fuel. By joining SEALNG, MPA hopes to foster greater confidence in the availability and reliability of LNG as a marine fuel now and in the future.

LEVERAGING TECHNOLOGY TO IMPROVE BUNKER DELIVERIES  

G. Mandatory Use of Mass Flow Meters (MFM) for bunker tankers to deliver distillates in the Port of Singapore by 1 July 2019
Earlier this year, MPA announced the mandatory use of mass flow metering (MFM) system for delivery of distillates in the Port of Singapore from 1 July 2019, following the successful implementation of MFM for marine fuel oil. The use of the MFM system enhances transparency in the bunkering process, improves operational efficiency and increases the productivity of the bunker industry.

MPA has commenced the acceptance tests to roll out MFM on bunker tankers for the delivery of distillates. The first test was successfully completed in September 2018 and MPA is working closely with owners to schedule acceptance tests for all distillates bunker tankers. MPA is on track to implement the mandatory use of MFM on all bunker tankers delivering distillates by 1 July 2019.

H. Increasing productivity in Singapore’s bunker industry
In the coming months, MPA will pilot an electronic Bunker Delivery Notes (e-BDN) to drive greater productivity, efficiency and transparency in the bunkering process. e-BDNs allow important bunkering information to be transmitted almost instantaneously to both buyers and sellers. MPA will continue to work with the industry to roll out this initiative as early as 2020. 

WORKING WITH THE INDUSTRY TO ENHANCE INTEGRITY AND TRANSPARENCY OF BUNKER SUPPLY CHAIN

Separately, MPA and the Singapore Shipping Association (SSA) have formed a joint industry working group to further enhance the integrity and transparency of the bunker supply chain in the Port of Singapore. The working group will engage in efforts towards providing the industry with greater assurance and confidence in preventing marine fuel theft. Efforts would be geared towards developing and recommending pragmatic measures both in the short and long term.

Photo credit: Maritime and Port Authority of Singapore
Published: 3 October, 2018

 

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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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Alternative Fuels

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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