Business

Singapore: DNV signs MOU with SIT to promote maritime decarbonization and digitalization

Partners to collaborate on knowledge exchange and research initiatives to further advance industry’s ‘2D’ efforts in the Singapore maritime ecosystem.

Published

3 years ago

September 23, 2022

Admin

Classification society DNV on Friday (23 September) said it has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT) to explore opportunities to advance net-zero ambitions in Singapore’s maritime sector and actively support the new generation workforce.

As part of the three-year partnership, DNV Maritime Decarbonization & Autonomy Regional Centre of Excellence will help spearhead multiple Research & Development (R&D) and educational initiatives in collaboration with SIT’s Sustainable Maritime Engineering Strategic Translational Research Programme.

The partners have agreed to cooperate on:

development of ship and system designs using simulation-based approaches;
joint industry applied research projects with entities in the Singapore maritime ecosystem within the areas of decarbonization & digitalization;
a deeper and wider knowledge exchange between the two.

“This MOU represents a new level of collaboration with SIT, and the beginning of a partnership focused on innovation, education and cooperation that will help accelerate the maritime industry’s sustainable transition goals,” said Cristina Saenz de Santa Maria, Regional Manager, Maritime South-East Asia, Pacific and India, DNV.

The MOU will enable DNV to support SIT and other maritime entities in Singapore to use DNV’s Simulation Trust Centre for educational and R&D purposes. Research collaborations between DNV and SIT will focus on advancing zero-emission and autonomous ships; shore remote control and simulation centres; shore charging and future fuel bunkering infrastructure.

Under the agreement, DNV intends to transfer knowledge in maritime decarbonization and digitalization to SIT to develop industry postgraduate programmes. The collaboration brings together the university’s applied learning pedagogy and DNV’s Simulation Trust Centre to conduct lessons on optimizing ships, and system design for advanced hydrodynamics, energy management system, emission control, and system safety.

Students will also gain opportunities to collaborate with DNV on capstone projects in novel maritime technology applications, perform their Integrated Work Study Programme at DNV, and co-organize student competitions.

DNV Maritime Decarbonization & Autonomy Regional Centre of Excellence in Singapore focuses on maritime digitalization, decarbonization and port capabilities in support of South-East Asia’s transition to a smart and sustainable future.

Set up in 2021 with support from the Singapore Economic Development Board, the regional Centre of Excellence offers a knowledge-sharing forum for industry roundtables and seminars to engage with all stakeholders on maritime green transition trends, such as LNG, Marine Battery, and Hydrogen/Ammonia as fuel.

The centre also conducts joint industry projects, co-funded by DNV, and supports the sector with tailor-made consultancy projects.

Dr. Shahrin Osman, Director of DNV Maritime Decarbonization & Autonomy Regional Centre of Excellence, said: “Singapore is a global maritime hub which supports the test-bedding of innovative solutions. It is paramount that we engage both Institutes of Higher Learning as well as industry stakeholders to ensure that R&D efforts and investments are supporting the maritime transformation, and we are proud to lead the change with SIT.”

Prof John Thong, Deputy President (Academic) & Provost, SIT, said: “Our collaboration with DNV offers valuable opportunities for SIT to intensify R&D that will help boost Singapore as a leading and sustainable maritime hub by leveraging new technologies and innovation. Additionally, the close academia-industry partnership will enhance authentic learning for our students and contribute towards capability building in the local maritime industry and across its ecosystem. SIT is delighted to partner with DNV in this endeavour.”

Photo credit: DNV
Published: 23 September, 2022

FuelEU

FincoEnergies launches pooling service for FuelEU Maritime compliance

FuelEU Pooling service enables undercompliant vessels to meet their compliance targets by pooling with vessels running on GoodFuels sustainable bio bunker fuels.

Published

8 hours ago

April 21, 2025

Admin

GoodFuels biofuel supplier FincoEnergies on Wednesday (16 April) announced the launch of its FuelEU Pooling service, created to enable shipowners to meet FuelEU Maritime compliance in a cost-effective way.

FuelEU Maritime, effective from 1 January 2025, mandates the reduction of greenhouse gas intensity of energy used on board ships trading in the EU. For many operators, particularly those with limited access to low-carbon fuels, compliance can be both complex and costly.

Designed for shipowners, operators, charterers, and technical managers, FincoEnergies’ FuelEU Pooling service enables undercompliant vessels to meet their compliance targets by pooling with vessels running on GoodFuels sustainable biofuels, when these vessels are overcompliant and have ‘Surplus’ emission reduction available for allocation.

FincoEnergies also partnered with Lloyd’s Register (LR), who supported the development of the service. Their technical expertise has enabled shaping a solution that aligns with both regulatory requirements and FincoEnergies' established position as a biofuel supplier in the fuel supply chain.

“FuelEU Maritime represents one of the most important regulatory shifts for the shipping industry in decades,” said Alberto Perez, Global Head, Maritime Commercial Markets at LR. “By integrating technical expertise with strategic guidance, we ensure shipowners, operators, and suppliers not only comply with evolving emissions standards, but also proactively transform their operations, embracing new technologies and alternative fuels to ensure a sustainable and profitable future.”

“With a decade of experience in biofuel bunkers and carbon certificate trading in the voluntary market, we are excited to expand our creative and solution-oriented product portfolio with FuelEU Pooling,” said Johannes Schurmann, Commercial Director International Marine at FincoEnergies.

“Thanks to our physical presence in the supply chain, shipping companies looking for FuelEU surplus can confidently rely on us as a trusted partner in their decarbonisation journey.”

Through its role as Pool Organiser, FincoEnergies streamlines the entire pooling process – from performing biofuel bunkers and prefinancing Surplus, to Surplus allocation and pool verification. With cost-effective pricing, FuelEU Pooling provides shipping companies with a competitive alternative for changing their fuel mix themselves.

Photo credit: FincoEnergies
Published: 21 April, 2025

ECA

PO/Marine launches supply of MED ECA-compliant ULSFO bunker fuel

In preparation of the upcoming Mediterranean Emission Control Area regulation, PO/Marine successfully delivered its first supply of ULSFO with 0.10% sulphur content on 15 April.

Published

8 hours ago

April 21, 2025

Admin

Aydın Yıldız, Head of Marine Sales at Petrol Ofisi Group

Petrol Ofisi’s bunkering arm PO/Marine on Thursday (17 April) said it has completed the bunkering operation of ULSFO—a marine fuel with 0.10% sulphur content—in alignment with the upcoming Mediterranean Emission Control Area (MED ECA) regulation.

Under the new regulation, all vessels operating within the Mediterranean must use low-sulphur marine fuels.

Effective 1 May 2025, the Mediterranean will officially be designated as an Emission Control Area (MED ECA), prohibiting the use of marine fuels with sulphur content exceeding 0.10%.

In preparation for this regulatory transition, PO/Marine successfully delivered its first supply of ULSFO (Ultra Low Sulphur Fuel Oil) with 0.10% sulphur content on 15 April.

PO/Marine launches supply of MED ECA-compliant ULSFO bunker fuel

Aydın Yıldız, Senior Maritime Manager at Petrol Ofisi Group, said: “Our leadership in the maritime fuel sector is defined not only by our market share but also by the innovative steps we take to shape the industry.

“Successfully completing the supply of marine fuel with 0.10% sulphur content in alignment with the MED ECA transition in Türkiye is a concrete reflection of this. We previously led the way with the country’s first VLSFO bunkering operation, setting a precedent in our sector.

“With our ULSFO bunkering, we have once again demonstrated that we are setting the standard in Türkiye’s marine fuel landscape. The designation of the Mediterranean as an Emission Control Area is not only a regional development but a historic turning point for global maritime operations.”

Photo credit: PO/Marine
Published: 21 April, 2025

Bunker Fuel

Oilmar completes first ULSFO bunker fuel delivery in Türkiye

Company announced the successful completion of its first ULSFO 0.1% Sulphur delivery in Istanbul and is now offering the marine fuel in several key locations including Istanbul Anchorage and Marmara Sea.

Published

8 hours ago

April 21, 2025

Admin

UAE-based marine fuel and petroleum products trader Oilmar DMCC on Friday (18 April) announced the successful completion of its first ULSFO 0.1% Sulphur delivery in Istanbul, marking one of the very first trades of its kind in the country.

“With this milestone, Oilmar proudly steps forward as one of Türkiye’s pioneering trading companies in ULSFO 0.1% Sulphur fuel,” it said in a social media post.

Oilmar is now offering ULSFO 0.1% across key locations:

Istanbul Anchorage
Marmara Sea
Gulf of Derince
Bozcaada Anchorage
Southern Türkiye Ports

In addition, High Sulphur Fuel Oil (HSFO), Very Low Sulphur Fuel Oil (VLSFO), Ultra-Low Sulphur Fuel Oil (ULSFO), and Low Sulphur Marine Gasoil (LSMGO) are available at all ports across Türkiye.

Photo credit: Dima Rogachevskiy on Unsplash
Published: 21 April, 2025