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Sing Fuels launches Sustainability Desk with hiring Chief Sustainability And Innovation Officer

Sustainability Desk will focus on strong governance and compliance, carbon management services, establish alternative marine fuels trading desk and champion zero carbon bunker fuels, amongst others.

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Singapore-based provider of marine fuel solutions Sing Fuels on Wednesday (8 February) announced the launch of its new Sustainability Desk and the appointment of Chief Sustainability and Innovation Officer, Mr Mahesh Kumar, a renowned advocate in Singapore’s sustainability space. 

The sustainability desk will offer a range of services to help ship owners and operators reduce their environmental impact.

Mr Kumar, most recently led and grew EcoLabs Centre of Innovation for Energy at Nanyang Technological University as an innovation cluster focused on building and accelerating deep-tech energy innovation capabilities in Singapore to support the nation’s future energy transition. 

He was also Programme Director at Energy Research Institute @ NTU championing translation of deeptech sustainable technologies from labs to markets. He is a board-level executive and innovator with a customer-focused approach, incorporating a deep knowledge of the start-up and innovation landscape. He has numerous years of experience in clean energy/sustainability technology translation across multiple industries and has facilitated innovation through multiple early and late-stage companies.

The appointment of the new Chief Sustainability and Innovation Officer demonstrates Sing Fuels’ commitment to sustainability and its efforts to support the maritime industry in meeting its environmental goals. The new executive will lead the development of new and innovative solutions to reduce the environmental impact of shipping.

“We are proud to launch our Sustainability Desk and appoint a Chief Sustainability and Innovation Officer, Mahesh brings a wealth of experience that will help transform our Industry,” said Vikash Dhanuka, CEO of Sing Fuels. “We believe that it is our responsibility to support our customers in reducing their environmental impact, and we are committed to developing innovative solutions that make this possible. Our carbon trading desk is just the first step in our journey towards a more sustainable future for the maritime industry.”

Sing Fuels’ Sustainability Desk will work with customers to understand their sustainability needs and provide them with customised solutions to meet those needs. Sustainability desk will focus on strong governance and compliance, carbon management services, establish alternative fuels trading desk, champion zero carbon fuels, emission reduction technologies, MRV technologies, carbon capture, and sustainable finance & technology investments to enable the energy transition. The Sustainability desk will also spearhead Industry’s efforts to bring more sustainable alternative energy sources into the shipping world in times to come. 

Sing Fuels will further expand its growing portfolio of alternative-energy investments and initiatives as part of its sustainability efforts. The company continues to grow its partnership and investments in early-stage companies V-flow Tech, the premier Vanadium-based clean energy storage solutions in the world. Sing Fuels has engaged with V-Flow tech in a Proof-of-concept effort powering up multiple villages in Africa, where energy and its continued availability have been scarce. 

“Our goal is to help the maritime industry reduce its environmental impact and make shipping more sustainable,” said Mahesh Kumar, Chief Sustainability and Innovation Officer of Sing Fuels. “We are excited to be at the forefront of this effort and look forward to working with our customers to achieve this goal.”

 

Photo credit: Sing Fuels
Published: 8 February, 2023

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Methanol

South Korea achieves milestone with first SIMOPS methanol bunkering in Busan

Hyodong Shipping’s bunkering vessel “Hyodong Chemi” supplied 3,000 mt of methanol to containership “Antonia Maersk” at Busan New Port Terminal 2 (PNC) during cargo unloading.

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South Korea achieves milestone with first SIMOPS methanol bunkering in Busan

South Korea successfully conducted its first ever Simultaneous Operations (SIMOPs) of ship-to-ship methanol bunkering at Busan New Port on 4 October, according to Korean Register (KR) on Thursday (30 October). 

KR said this groundbreaking achievement marks a crucial advancement in the nation's commitment to developing a sustainable ship fuel supply chain.

In an 11-hour bunkering operation, Hyodong Shipping’s bunkering vessel Hyodong Chemi supplied 3,000 metric tonnes (mt) of methanol to containership Antonia Maersk at Busan New Port Terminal 2(PNC) during cargo unloading. 

This follows the successful LNG bunkering SIMOPs at Busan New Port in August. 

The Ministry of Oceans and Fisheries (MOF) spearheaded this initiative as part of its plan to build an Eco-friendly Ship Fuel Supply Chain, announced in November 2023. The ministry has been diligently working on securing bunkering vessels, developing port infrastructure, and standardising bunkering procedures.

Busan Port Authority (BPA) supported the methanol bunkering demonstration project, offering exemptions on port facility usage fees and coordinating with relevant agencies to review safety protocols through an inter-agency consultative body.

Korean Register (KR) has played a pivotal role in providing technical support for the development of a methanol bunkering safety system. KR's contributions include developing standard operating procedures, defining safety management zones, and creating guidance for self-safety management plans.

This accomplishment is expected to significantly enhance the competitiveness of South Korean ports in the growing market for eco-friendly shipping. The successful implementation of SIMOPs, which allows for simultaneous cargo operations and supply of green fuel, is particularly attractive to shipping companies aiming to reduce costs and improve efficiency.  

KANG Joonsuk, CEO & President of BPA, said: “This successful demonstration marks a monumental achievement, showing that Busan Port is fully capable of supplying methanol. We plan to enhance Busan Port’s global competitiveness by developing infrastructure and advancing technology to expand eco-friendly fuel bunkering, positioning it as a leading green port on the world stage.”  

LEE Hyungchul, Chairman & CEO of KR, said: “As the maritime industry continues to seek greener alternatives, South Korea is trying to position itself at the forefront of sustainable shipping practices. KR will continue to provide full support for technical cooperation to ensure safe and successful green fuel bunkering operations.”

Related: South Korea achieves first-ever SIMOPS LNG bunkering operation of bulk carrier 

Photo credit: Korean Register
Published: 1 November, 2024

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Ammonia

HD Hyundai Heavy Industries wins DNV AiP for ammonia DF large container vessel

Milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a bunker fuel, says DNV.

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HD Hyundai Heavy Industries wins DNV AiP for ammonia DF large container vessel

Classification society DNV on Wednesday (30 November) said it has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design. 

DNV said the milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel.

“The project focused on developing designs to enhance safety, including an optimised ammonia tank design, advanced fire safety systems, enhanced ammonia release mitigation system and boil-off gas (BOG) handling systems,” it said in a statement. 

“These innovations could play an important role in building confidence in the safe and efficient use of ammonia as a marine fuel.”

On container ships, where the upper deck is a safe working zone, DNV said an ammonia leak could pose a serious risk. This means, establishing safety design criteria to manage these risks is crucial for the wider commercialization of ammonia-fueled ships.

To this end, fuel pipe leakage scenarios were defined and quantitatively analysed through gas dispersion analyses. Consequently, it was confirmed that, with conventional systems, foreseeable small leakages occurring at connections within the ammonia piping system can form toxic areas with dangerous ammonia concentrations throughout the entire weather deck, highlighting the need for effective mitigation measures. 

The result showed that hazardous areas were significantly reduced by the enhanced ammonia release mitigation system, enabling not only safer enclosed spaces but also safer working areas across the entire weather deck of the vessel.

Seung-ho Jeon, SEVP, CTO of HD HHI, said: “The AiP reflects HD HHI’s dedication to developing sustainable, innovative solutions like ammonia-fuelled vessels, which will play a key role in reducing emissions and shaping the future of shipping.”

Vidar Dolonen, DNV Regional Manager Korea and Japan, said: "This AiP highlights the importance of safety in moving the maritime industry along the path to decarbonization.”

“There are many aspects to building out zero carbon fuels in shipping, and it’s essential that we have them all in place for ammonia to truly establish itself in the marine fuel market.”

“But with new technological solutions, alongside rigorous safety procedures, ammonia reach its full potential as one of the most promising green fuels. DNV is proud to support these advancements from HD HHI as we continue on this journey to an even more sustainable maritime industry.”

 

Photo credit: DNV
Published: 1 November, 2024

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Methanol

GENA Solutions: Total renewable and low-carbon methanol project pipeline rises from 37.5 to 38.6 Mt by 2030

Information shared by the Methanol Institute meant to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

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GENA Solutions: Total renewable and low-carbon methanol project pipeline rises from 37.5 to 38.6 Mt by 2030

The Methanol Institute recently shared with Manifold Times the renewable and low-carbon methanol project pipeline October 2024 database release produced by Finland-based GENA Solutions Oy (Green Energy Analytics).

Information from the release is meant to provide the bunkering publication’s readers with insight on renewable methanol availability, and to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Key highlights of the October 2024 release are as follows:

  •   The renewable methanol project pipeline increased from 29.3 Mt in September to 30.5 Mt in October (+1.2 Mt). The total renewable and low-carbon methanol project pipeline grew from 37.5 to 38.6 Mt.
  •   As of October 2024, GENA tracks 108 e-methanol plants and projects with total capacity of 18.0 Mt (+1.0 Mt), 75 biomethanol plants and projects with total capacity of 12.5 Mt (+0.2 Mt), and 14 low-carbon methanol plants and projects with total capacity of 8.1 Mt.
  •   Six projects were added in the October release: three in China, two in Europe and one in Brazil. One frozen project was excluded from Project Navigator.
  •   One biomethanol project has started construction during the last month. Currently 1.9 Mt of renewable methanol projects are under construction.
  •   From February to October 2024, the renewable methanol project pipeline increased from 19.7 Mt to 30.5 Mt, an increase of 10.8 Mt (+55%).
  •   The likely range of renewable methanol capacity by 2030 is estimated at 7-14 Mt (23-46% of the project pipeline).

Renewable methanol project pipeline

Renewable methanol by region (1)

Renewable methanol by feedstock (2)

Methanol by status (2)

Renewable methanol scenarios (3)

 

Photo credits: GENA Solutions
Published: 1 November, 2024

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