Connect with us

Alternative Fuels

Singapore: bp joins Global Centre for Maritime Decarbonisation, adds SGD 10 million in funding

Partnership follows bp’s ties with Global Maritime Forum, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, and Blue Sky Maritime Coalition.

Admin

Published

on

gcmd signing ceremony.img .750.medium

bp on Tuesday (5 April) joined the Global Centre for Maritime Decarbonisation (GCMD) as a strategic partner, which was marked by a partnership agreement ceremony in Singapore.

GCMD was set up to help drive decarbonization of the maritime industry and bp is pleased to be working with GCMD to help further this aim.

GCMD is based in Singapore – one of the world’s busiest ports. It was set up as a non-profit organization in August last year to help the maritime industry meet or exceed the International Maritime Organization’s (IMO) GHG emission reduction goals for 2030 and 2050.

It aims to achieve this by creating opportunities for cross-industry collaboration and sharing its projects’ outcomes, aimed at helping fuel the energy transition within the maritime industry.

This partnership adds SGD 10 million (USD 7.4 million) in funding, giving GCMD’s efforts a further boost.

Carol Howle, bp’s executive vice president for trading & shipping, said: “bp has helped shape the shipping industry for more than 100 years. A net zero future for the maritime sector demands industry collaboration, and GCMD is bringing to the forefront the conversations that matter most.”

“As part of GCMD, we look forward to working with key industry players to further progress solutions at the pace and scale needed to help this carbon-intensive sector transition.”

Professor Lynn Loo, GCMD’s chief executive officer, said: “bp’s net zero ambitions and investments in low carbon solutions are aligned with GCMD’s mission and projects.”

“Together with bp and our other partners, we aim to foster collaboration to address challenges and untangle the complexities of decarbonizing shipping. We look forward to working closely with and leveraging bp’s experience and expertise in our pilots and trials.

bp trading & shipping (T&S) is one of the world’s leading energy trading houses. At any one time, about 300 ships are on the water for bp, enabling it to move around 240 million tonnes of product every year.

bp will look to leverage GCMD’s findings in its own maritime activities and share developing best practices with its customers through bp’s gas and low carbon energy business that integrates the company’s existing natural gas capabilities with its low and zero carbon businesses and markets, including wind, solar and hydrogen.

bp is also supporting zero carbon supply chains by driving new decarbonization technologies and capabilities to create innovative zero carbon energy solutions. Safe development of hydrogen, ammonia, biofuel, and carbon markets is a priority for bp, and aligning with the GCMD on these projects provides a strategic fit.

As part of the partnership, Lambros Klaoudatos, bp’s senior vice president of shipping, will sit on GCMD’s board.

The strategic partnership with GCMD follows bp’s ties with the Global Maritime Forum (GMF), Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) in Europe and the Blue Sky Maritime Coalition in the US.

Together, these organizations are helping drive decarbonization of the maritime sector and provide global support for bp’s maritime decarbonization journey across its key trading and shipping regions in Asia, Europe and the US.

Related: SSA and GCMD enter MOU to support and accelerate maritime decarbonisation
Related: Singapore: GCMD and Hapag-Lloyd enter decarbonisation partnership
Related: Global Centre for Maritime Decarbonisation and Mærsk Mc-Kinney Møller Center in decarbonisation partnership
Related: GCMD, GMF in knowledge partnership to accelerate maritime decarbonisation
Related: Global Centre for Maritime Decarbonisation awards ammonia bunkering safety study to DNV-led consortium
Related: GCMD issues invitation for proposal for ammonia bunkering technical evaluation in Singapore
Related: MPA and partners establish Global Centre for Maritime Decarbonisation

 

Photo credit: bp
Published: 6 April, 2022

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

Trending