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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.

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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

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Bunker Fuel

SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

Senior Minister of State Amy Khor also announced MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year, from 1 April 2025.

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SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

From 1 April 2025, all bunker suppliers in the Port of Singapore will be required to provide digital bunkering services as a default, said Senior Minister of State for Transport and Sustainability and the Environment Amy Khor on Wednesday (9 October).

Khor said Singapore will be the first port globally to implement digital bunkering at scale. MPA launched the digital bunkering initiative on 1 November 2023, becoming the first port in the world to implement electronic bunker delivery notes (e-BDN).

“This initiative is expected to save the industry close to 40,000 man-days annually. In addition, MPA will introduce a centralised electronic Bunker Delivery Note record verification facility to enhance the transparency and integrity of transactions in bunkering operations,” she said in her speech at the 23rd Singapore International Bunkering Conference and Exhibition (SIBCON). 

She emphasised that the Maritime and Port Authority of Singapore (MPA) will work closely with industry partners and the unions to digitalise and streamline processes to improve efficiency in our port; strengthen our capabilities for the bunkering of future fuels and encourage adoption of these fuels; and upskill our workforce to facilitate the green transition. 

Khor also made the following announcements:

  • From 1 April 2025, MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year. Singapore was the first port globally to adopt mass flow meters in 2017, and this new move is expected to help the industry save approximately $300,000 annually.
  • From 1 January 2025, MPA will roll out two innovative AI applications, DocuMind and DocuMatch, developed in collaboration with cloud service providers to drive greater efficiency in our port. These are expected to accelerate certificate processing time from up to three days currently, to a few minutes for most transactions.
  • Two ammonia bunkering proposals by Mitsui and Fortescue-Equatorial Marine Fuels have been selected by the consortia for the next round of Request for Proposal to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.
  • MPA will commit $50 million to support the implementation of the refreshed Maritime Singapore Green Initiative, to further encourage the early adoption of green fuels and technologies across the maritime industry.
  • Singapore will continue to strengthen international partnerships through initiatives like the Green and Digital Shipping Corridors (GDSCs) to enable the digitalisation and decarbonisation of shipping. On 9 October, MPA and the Shandong Provincial Transport Department will be signing the Singapore-Shandong GDSC at the sidelines of the 25th Singapore-Shandong Business Council co-chaired by Mr Chee Hong Tat, Minister for Transport and Second Minister for Finance, and Mr Zhou Naixiang, Governor of the Shandong Provincial Government.

 

Photo credit: Singapore Ministry of Transport
Published: 9 October, 2024

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LNG Bunkering

Seaspan Energy takes delivery of first LNG bunkering vessel

“Seaspan Garibaldi” will take first cargo and finalise commissioning in Vancouver before its first ship-to-ship bunkering in Long Beach, where Seaspan will bunker a series of vessels.

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Seaspan Energy takes delivery of first LNG bunkering vessel “Seaspan Garibaldi”

Seaspan Energy on Monday (7 October) said it took delivery of its first LNG bunkering vessel, the Seaspan Garibaldi and is currently sailing to Vancouver.

Manifold Times previously reported that the vessel is the first of three 7,600m3 LNG bunkering vessels and it is named after Mount Garibaldi, or “Nch'ḵay̓”.

The Garibaldi will take first cargo and finalise commissioning in Vancouver before its first ship-to-ship bunkering in Long Beach, where Seaspan will provide Simultaneous Operations to bunker a series of vessels.

Following its first bunkering, the Seaspan Garibaldi will continue to provide low-carbon solutions to vessels on the West Coast of North America and will soon be joined by Seaspan Energy’s second LNG bunkering vessel, the Seaspan Lions (Ch’ich’iyúy Elxwíkn).

The Seaspan Garibaldi is 112.8 metres in length, 18.6 metres in width, 5 metres in draft, with a design speed of 13 knots.

CIMC Sinopacific Offshore & Engineering (CIMC SOE), a small-scale gas carrier shipyard in the world, was appointed to build all three LNG bunkering vessels.

Related: Seaspan launches “Seaspan Garibaldi”, first of three LNG bunkering vessels

 

Photo credit: Seaspan
Published: 9 October, 2024

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LNG Bunkering

Avenir LNG, Eni ink multi-year charter for LNG bunker vessel “Avenir Aspiration”

Avenir signed a Time Charter Party with Eni subsidiary LNG Shipping for one of the company’s 7,500cbm LNG bunker vessels; charter to Eni will commence from delivery in Europe in 2025.

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Avenir LNG orders two 20,000cbm LNG bunker and supply vessels from CIMC SOE

Avenir LNG Limited on Tuesday (8 October) announced it has signed a Time Charter Party (TCP) with LNG Shipping S.p.A., a 100% subsidiary of Eni S.p.A.(Eni) for one of the company’s 7,500cbm LNG bunker vessels, the Avenir Aspiration

The multi-year time charter to Eni will commence from delivery in Europe in 2025.

With this announcement, Avenir continues to deliver on its chartering strategy which has successfully concluded four new term charter agreements over the past 12 months across its fleet of five vessels on the water and two under construction.

This charter increases the company’s third-party charter revenue backlog, including options, to over USD 285 million, securing additional long term sustainable cashflow for the Group and shareholders over the next decade.

The Avenir Aspiration currently trades alongside the Avenir Ascension in the Northwest Europe performing small-scale supply services and ship-to-ship bunkering operations as part of Avenir’s physical LNG trading division, Avenir Supply and Trading.

Mr. Jonathan Quinn, Managing Director of Avenir LNG, said: “We are excited to be working with Eni to support their expansion into the LNG Bunkering market.”

“This transaction further solidifies Avenir as the trusted partner for modern and efficient small-scale LNG vessels as well as delivering on our strategy to facilitate the growth of LNG as a marine fuel globally.”

“We look forward to embarking on this long-term relationship with Eni whom we will serve with the highest safety and operational standards which Avenir has come to be known for.”

 

Photo credit: Avenir LNG
Published: 9 October, 2024

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