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LNG Bunkering

Singapore hosts Asia’s first ISO meeting for LNG as a marine fuel

Convenor of ISO working group speaks to Manifold Times about how LNG can help shipowners save money today and in the foreseen future.

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Singapore hosted the first meeting in Asia of a Working Group of the International Organization for Standardization (ISO) to develop a new standard for liquefied natural gas (LNG) as a marine fuel on 13-14 of March.

“It’s the fifth meeting of the TC28/SC4/WG17 working group and I wanted to have it in Asia because there are so many stakeholders and players from the marine industry in the region,” Dr Marc Perrin, Convenor of the ISO working group told Manifold Times.

“It’s very important to have participation from Asia and we are so glad to have input from Singapore and South Korea; unfortunately, no representatives could come from China and Japan because of too short time since their registration but it’s a good step and likely we will have another meeting next year in Asia.”

Dr Perrin, who is also the Independent Consultant for ENGIE Lab CRIGEN, noted developments in the policy and planning sectors from the International Maritime Organization (IMO) and European Union (EU) to favour shipowners adopting LNG as a marine fuel in the long run, due planned NOx emissions limitation and expected carbon taxes.

The IMO mandatory fuel consumption data collection system for international shipping affecting vessels above 5,000 GT is due to start from 2019.

The EU MRV (Monitoring, Reporting, Verification) which requires ship owners and operators to annually monitor, report and verify CO2 emissions for vessels larger than 5,000 GT calling at any EU and EFTA (Norway and Iceland) port has already started since 1 January 2018. 

“The recording of carbon emissions data is the first step to go for CO2 emissions regulation for the shipping industry. Taxes on carbon emissions will come; though there is not yet any deadline but it is under discussions and I am sure it will come,” confirms Dr Perrin.

“So I think if the maritime industry wants a long term solution it should also consider CO2 emissions.

“It will be an additional advantage for LNG as already presently when you go for LNG as a marine fuel, you are sure to meet the 2020 sulphur cap and the coming nitrogen oxide (NOx) cap.

“And indeed the last step will be CO2; you will be making a good choice in the long term when choosing LNG for these three reasons.

“Right now they have started this and in the future when the shipping industry needs to report the carbon emissions and when you need to pay a carbon tax this is where LNG will really shine.”

In 2016, the International Monetary Fund called for a carbon tax on aviation and shipping to help deliver global climate goals by proposing a charge of $30 a tonne on carbon dioxide embedded in international transport fuels.

LNG emits 0.05 metric tonnes (mt) CO2 per million British thermal units (Btu) of energy, compared to 0.07 mt for diesel fuel and heating oil, according to the US Energy Information Administration.

“In addition, it takes more energy to produce low sulphur heavy fuel oil [that is able to comply with the 0.5% sulphur cap for marine fuel coming 2020] than conventional fuel oil,” adds Dr Perrin.

“Additional carbon dioxide is produced when exhaust gas de-sulphurisation and de-nitrification are required for fuel oil technologies; this treatment is not necessary for exhaust gases from LNG.

“So LNG is really the fuel of choice for the future!”

Published: 17 April, 2018
 

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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.

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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

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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.

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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

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

B100 discount to LSMGO widens to $541/mt in Rotterdam; Singapore’s B100 drops to $106/mt below LSMGO; Rotterdam LBM at $639-833/mt discounts to LSMGO.

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ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

20 July 2026

  • B100 discount to LSMGO widens to $541/mt in Rotterdam
  • Singapore’s B100 drops to $106/mt below LSMGO
  • Rotterdam LBM at $639-833/mt discounts to LSMGO

B100’s premium over HSFO in Rotterdam has narrowed by $50/mt over the past week to $64/mt, while its discount to VLSFO has widened by $83/mt to $105/mt.

B100 has become far more competitive against LSMGO in Rotterdam, with its discount widening by $180/mt over the past week to $541/mt, as a surge in conventional fuel prices left B100 broadly unchanged by comparison.

B100’s price has risen by $109/mt in Singapore, but its discount to LSMGO has still widened by $102/mt to $106/mt, as LSMGO surged by an even greater $211/mt.

Rotterdam’s LNG premium over VLSFO has widened by $35/mt to $201/mt for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, LNG has flipped to a $15/mt premium over VLSFO, from a $22/mt discount the prior week.

Liquefied biomethane (LBM) discounts to VLSFO in Rotterdam have narrowed by $50-52/mt to $203-396/mt over the past week. Against LSMGO, LBM discounts have widened by $45-47/mt to $639-833/mt, depending on engine type.

In Singapore, LNG is now $42/mt cheaper than LSMGO for vessels with Otto MS engines, and $134/mt cheaper for vessels with diesel SS engines.

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Liquid fuels

HSFO and VLSFO prices in Rotterdam have jumped by $66/mt and $99/mt respectively over the past week, while LSMGO has surged by an even steeper $196/mt. A $9.69/bbl ($71/mt) rise in front-month ICE Brent futures, to $87.94/bbl ($645/mt), drove bunker prices sharply higher across the board.

Bunker fuel availability is tight for prompt delivery dates in the ARA ports, with buyers advised to enquire about stems between 5-7 days ahead to get good coverage, a trader said.

Rotterdam’s B100 price has risen by $16/mt over the past week. Dutch ZRE A ticket prices were unchanged at €107.50/mtCO2e.

Singapore’s HSFO and VLSFO prices have risen by $130/mt and $132/mt respectively, while its LSMGO price has gained an even steeper $211/mt over the past week.

VLSFO availability in Singapore has been tight, with several suppliers reporting low stock levels. Recommended lead times have widened from 13–17 days last week to 14–19 days now.

Liquid gases

Rotterdam’s LNG prices have surged by $134-136/mt over the past week, while its LBM prices have climbed by $149-151/mt.

LBM discounts to LNG in Rotterdam have narrowed by $15/mt to $404-411/mt.

Singapore’s LNG bunker benchmarks have surged by $196-197/mt over the past week.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 21 July, 2026

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