Connect with us

Alternative Fuels

Singapore: Biofuel start-up Green COP among top winners of Smart Port Challenge

GreenCOP focuses on producing second-generation biofuels with its patented technologies derived from non-food cellulosic biomass, according to its website.

Admin

Published

on

199

GotSurge, Green COP and Seadronix were announced as the first, second and third place winners of the Smart Port Challenge 2022 (SPC), according to the Maritime and Port Authority of Singapore (MPA). 

Green COP focuses on producing second-generation (2G) biofuels with its patented technologies derived from non-food cellulosic biomass, according to its website. 

GotSurge aims to change supply chain management in the maritime sector which is still bogged down by paper-based documentation through its one-stop digital logistics platform, where customers and suppliers benefit from end-to-end visibility of all deliveries from a single dashboard.

MPA and the National University of Singapore (NUS) enhanced their support for start-ups under the PIER71™ (Port Innovation Ecosystem Reimagined @ BLOCK71) initiative by signing a Partnership Agreement with the Singapore Shipping Association (SSA) during the SPC 2022 Grand Final.

Signed by Mr Teo Teng Seng, Chairman, Digital Transformation Committee, SSA, and Mr Ng Yi Han, Director (Innovation, Technology & Talent Department), MPA, and witnessed by Mr Chee Hong Tat, Senior Minister of State, Ministry of Finance and Ministry of Transport, the partnership agreement connects start-ups with SSA’s member companies to validate their solutions, gain test-bedding support, and leverage on networking opportunities with the maritime industry through the Start-Up Engagement Workgroup. This support channel will broaden the engagement efforts of PIER71™ by connecting start-ups with industry partners that have not participated in PIER71™’s programmes before.

The three winners of SPC 2022 were announced by Mr Chee at the event. 

These winners were selected following an evaluation by a panel of judges on their proposed solution, business model, market potential, impact to the maritime industry and overall team capability. The winning teams walked away with cash prizes of SGD 10,000 (USD 7,257), SGD 5,000 and SGD 3,000 respectively. 

The sixth edition of the SPC received 146 applications from start-ups around the world and 18 were shortlisted as finalists. 

This year’s finalists have a strong focus on green technology, addressing the need for more sustainable energy and waste management. Solutions also include use of data and artificial intelligence to optimise safety and efficiency in vessel operations and supply chain management. 

The finalists have completed PIER71TM Accelerate, a six-week market validation and customer discovery programme and are now eligible to apply for a grant of up to SGD 50,000 from MPA to embark on pilot projects with maritime companies.

Mr Kenneth Lim, Assistant Chief Executive (Industry and Transformation), MPA, said, “Strong collaboration is essential to supporting digital and decarbonisation transformation efforts in the maritime industry. The partnership with SSA will strengthen SPC’s ability to accelerate the scalability and adoption of future-ready solutions, and create efficient and sustainable supply chains as a dynamic international maritime centre”.

Brian Koh, Director, Corporate Partnerships, NUS Enterprise, said, “Beyond Smart Port Challenge, start-ups that continue to maintain an active engagement within the PIER71™ ecosystem have the advantage of gaining further exposure and industry traction. It is through this tightly-knit community of innovative thinkers that synergies can be discovered and become the driving force for transformation and new ideas. NUS provides a pivotal platform to incubate and nurture promising start-ups through our corporate partnerships and global network, allowing them to uncover new opportunities.”

Mr Teo Teng Seng, Chairman, Digital Transformation Committee, SSA, said, “Increasingly, the maritime industry looks to start-ups to help them increase their productivity and gain a competitive edge. Our start-up engagement workgroup aims to extend the expertise and resources within SSA to PIER71™ to enhance the development of the maritime start-up ecosystem. We believe that close linkages and partnership with the industry will create a ripe environment for innovation and look forward to upcoming interactions between our members and the SPC start-ups.

Eric Chean, Managing Director, GotSurge, said: “The Smart Port Challenge has connected GotSurge to potential partners and clients. In fact, the validation we received by participating in SPC allowed us to secure our first investor. With their financial support, together with the SPC prize money, we shall be accelerating the development of our suite of apps to efficiently manage the fast-moving nature of goods in the marine supplies sector. We are now finalizing the execution plan of our “Green Marine Supplies” supply-chain, including setting up a consolidation centre. This should be up and running by first half of 2023.”

Note: A recording of the SPC 2022 Grand Final, as well as information on the finalists, will be available at https://pier71.sg

 

Photo credit: Maritime and Port Authority of Singapore / GreenCop
Published: 22 November, 2022

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending