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Singapore reiterates commitments towards developing LNG and bio bunker fuels

Two Singapore ministers recently spoke about the bunkering industry in the republic at two conferences and reiterated Singapore’s support towards LNG and biofuels.

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Two Singapore ministers recently spoke about the bunkering industry in the republic at two separate conferences and reiterated Singapore’s support towards the development of LNG and bio bunker fuels. 

Manpower Minister and Second Minister for Trade and Industry Dr Tan See Leng said Singapore has developed a strong energy and LNG ecosystem over the years.

“We have established ourselves as a leading LNG trading and bunkering hub in Asia. We have 60 LNG traders operating in Singapore, including the world’s top 10 global energy traders,” Tan said in his speech at the opening ceremony of the Gastech 2023 Conference on Tuesday (5 September). 

“In 2022 alone, about USD 240 billion worth of LNG trades flowed through Singapore, equivalent in value to about 50% of Singapore’s GDP.”

He added Singapore has also built up its infrastructure with Singapore’s LNG terminal can handle up to 9.6 million tonnes per annum of throughput capacity. 

“Our upcoming LNG bunkering network will support the growth of LNG as a marine fuel,” he said.

Tan explained that companies in Singapore have also innovated to deploy new solutions and create new business models that support the entire LNG ecosystem.

“For example, in January this year, Seatrium delivered the first of a series of LNG hybrid tugs for use in Singapore’s waters,” the minister said. 

“The vessel is the first of its kind for operations in Singapore using a pure LNG engine and is supported by an innovative battery power system that allows for emission-free operations during idling and low-speed transit. “

“Seatrium has commissioned the design and the building of the world’s first LNG hybrid tug in 2018 and continues to build its capabilities to ride the global energy transition.”

He concluded that Singapore’s investment in the energy and LNG ecosystem has seen promising results. 

“We are committed to invest further and grow further so that Singapore can better serve the region’s energy needs.”

low yen ling

Meanwhile, Minister of State for Trade and Industry Low Yen Ling said Singapore is well-positioned to support and grow new trade flows for renewable fuels such as biofuels.

She said one of Singapore’s key goals and focus is to grow new trade flows for renewable fuels. 

“The global energy transition and our 2050 net-zero ambition will continue to spur greater demand for greener fuels. Singapore is well poised to facilitate and grow these new flows,” she said in her speech at the Asia Pacific Petroleum Conference (APPEC) 2023 on 4 September. 

“For example, in the area of biofuels, Singapore is located near regional feedstock resources and home to a growing network of counterparties. Over 60 companies, including energy majors such as ExxonMobil and Respol, and ADM and Bunge in the agri-commodities sector, are taking hold of this advantage by trading biofuels from Singapore.”

“Singapore’s efficient refining and processing capabilities, as well as robust maritime infrastructure, allows us to import biofuels for refining and re-export. This synergy presents an opportunity for Singapore to develop strengths in both biofuels processing and trading, and solidify our position as an energy hub.”

Low added Singapore has made good progress in adopting renewable fuels in the aviation and shipping industries.

“In the shipping industry, the Maritime Port Authority of Singapore (MPA) has been taking active steps to facilitate the use of cleaner fuels such as LNG, biofuels, ammonia, hydrogen and methanol to drive decarbonisation efforts. To date, over 140,000 tonnes of biofuels blends have been supplied across more than 90 biofuels bunkering operations,” she added. 

To facilitate the transition to cleaner fuels, Low said the republic is also exploring further opportunities in biofuels, and working on harmonising standards to reduce barriers to the trade of biofuels.

“In consultation with industry and researchers, the MPA has also developed a provisional biofuel standard on the specification of marine biofuel for blends up to 50%. As there is presently no international standard for the quality of biofuels for bunkering, this provisional national standard aims to support the growth of biofuel bunkering and facilitate the adoption of greener fuels to meet our net-zero goals.”

 

Photo credit: Dr Tan See Leng / Low Yen Ling
Published: 7 September, 2023

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Bunker Fuel

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

4.59 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt recorded during the similar month in 2024, according to MPA.

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Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Sales of marine fuel at Singapore port increased by 7.5% on year in June 2025, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.59 million metric tonnes (mt) (exact 4,594,700 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt (4,274,900 mt) recorded during the similar month in 2024.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 1.70 million mt (+8.6% from 1.56 million mt), 2.31 million mt (-7.2% from 2.33 million mt), 1,900 mt (from zero), 4,500 mt (-88% from 8,000 mt) and zero (from zero).

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 38,800 mt (+671.7% from 2,500 mt), 114,300 mt (+97.9% from 45,400 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February this year, recorded 1,000 mt of deliveries in June.

LNG and methanol sales were respectively 55,400 mt (-7.8% from 51,700) and zero (from zero mt). There were no recorded sales of ammonia for the month and so far in 2025.

Related: Singapore: Bunker sales volume raises to year record high of 4.88 million mt in May
Related: Singapore: Bunker fuel sales increase by 4% on year in April 2025
Related: Singapore: Bunker fuel sales increase by 0.5% on year in March 2025
Related: Singapore: Bunker fuel sales down by 8.1% on year in February 2025
Related: Singapore: Bunker fuel sales down by 9.1% on year in January 2025

A complete series of articles on Singapore bunker volumes reported by Manifold Times tracked since 2018 can be found via the link here.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July 2025

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Alternative Fuels

ITOCHU orders world’s first ammonia bunkering vessel for Singapore demonstration project

Company contracted Sasaki Shipbuilding to build the 5,000 m3 vessel and Izumi Steel Works to construct an ammonia tank plant that will be loaded onto the vessel, which is expected to be delivered in 2027.

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ITOCHU orders world’s first ammonia bunkering vessel for Singapore demonstration project

ITOCHU Corporation (ITOCHU) on Monday (14 July) announced that it recently signed a shipbuilding contract for the construction of a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding. 

The company also announced an agreement regarding the construction of an ammonia tank plant that will be loaded onto the vessel with Izumi Steel Works. 

These agreements were signed by Clean Ammonia Bunkering Shipping Pte Ltd (CABS), a wholly owned Singapore-based specific purpose company of ITOCHU. 

In relation to this, CABS has concluded a financing agreement with The Hiroshima Bank for financing a part of purchase price of the vessel.

The agreements were concluded to pursue the Demonstration Project for Bunkering Ammonia as Marine Fuel in Singapore adopted by the Ministry of Economy, Trade and Industry in Japan as part of the Global South Future-oriented Co-Creation Project (large-scale demonstration in ASEAN member states). 

Going forward, with an eye toward the demonstration of ammonia bunkering in Singapore after building the world’s first newbuilding ammonia bunkering vessel, ITOCHU said efforts will be made to facilitate concrete discussions with the maritime stakeholders, including the port authority in Singapore, the Maritime & Port Authority of Singapore (MPA), and the fuel producers, while obtaining support from the Japanese Government.

The vessel is to be flagged under the Singapore Registry and is expected to be delivered in September 2027.

ITOCHU will establish a safe offshore bunkering operation of ammonia as marine fuel by way of ship-to-ship transfer through the development and construction of the vessel and demonstration. 

Then, by utilising the vessel, ITOCHU will establish connection between the first movers in clean ammonia production and the first movers in the ammonia-fueled vessels and secure initial demand for ammonia as marine fuel, aiming at the commercialisation of ammonia bunkering business in Singapore and expansion of similar business model to major maritime transportation points around the world, including Spain (Strait of Gibraltar), Egypt (Suez Canal) and Japan.

 

Photo credit: ITOCHU Corporation
Published: 15 July 2025

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Biofuel

Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

The supply, delivered to Orient Overseas Container Line, represents the first time OOCL has received this fuel blend in the region; operation also included a simultaneous delivery of B30-HSFO.

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Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (11 July) announced the first-ever delivery of a B30-Marine Gasoil (B30-MGO) which consists of 30% biodiesel and 70% Marine Gasoil (MGO), in Hong Kong. 

The supply, delivered to Orient Overseas Container Line (OOCL), represents the first time OOCL has received this fuel blend in the region.

In addition to the B30-MGO, this operation included a simultaneous delivery of B30-High Sulphur Marine Fuel Oil.

“This delivery, completed on 11 July, solidifies CPN’s leadership in advancing green fuel solutions in East Asia. Being the first bunker supplier in the region capable of providing all grades of ISCC-EU Certified marine biofuel, including marine fuel and gas oil, CPN demonstrates its commitment to supporting the maritime industry’s transition to sustainable energy,” the company said on its website. 

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 15 July, 2025

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