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SMTC 2021: Further bunkering related tech initiatives in the works at Singapore port, shares SSA

‘MPA is also looking at a digital-base monitoring system during bunker supply. Like the rest of the industry, I am also looking to hear more details from MPA on this,’ says Caroline Yang.

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The following interview arranged by Informa Connect is part of pre-event coverage for the upcoming Singapore Maritime Technology Conference 2021 (SMTC 2021), where Manifold Times is an official media partner. Readers can find out more about the virtual hybrid event which takes place between 19 to 22 April by clicking on the link here.

Marine refuelling operations have come a long way since the days of steamships and is poised to advance further with the help of technology, says the President of the Singapore Shipping Association (SSA).

“The term ‘bunkering’ originated in the days of steamships when coal was the main fuel and was stored in bunkers,” Caroline Yang tells Singapore bunkering publication Manifold Times in an interview.

“Technology has enabled ships to be more advanced, and has changed and helped improve bunkering operations. So without a doubt, technology definitely has a role to play in bunkering.”

Yang, also the Chief Executive of Singapore bunker supplier Hong Lam Marine, was keen to share how the application of Coriolis Mass Flow Meters and digital technology has helped Singapore cement itself as a world-class bunkering port.

“With Mass Flow Meters (MFM) installed on bunker tankers for bunker delivery in the Port of Singapore, efficiency, productivity and transparency in bunkering is greatly enhanced,” she says.

“With digital technology, Singapore has seen its bunker volume increasing year by year after MFM was introduced on bunker tankers from 2012 and mandated from 2017.

“Additionally, the annual volume of bunkers has been delivered by a smaller number of modern efficient bunker tankers with faster turn-around time.”

Yang notes Hong Lam Marine participating extensively in test-bedding of the MFM with other bunker tankers, bunker supplier ExxonMobil Asia Pacific, meter vendors Endress+Hauser and Emerson, and various authorities including the Maritime and Port Authority of Singapore, National Metrology Centre and Weights and Measures Office when the project started in 2009.

Notably, the first two bunker tankers approved for bunker delivery through the MFM system were Hong Lam Marine’s M.T. Emissary in 2012 and M.T. Demure in 2013.

“Hong Lam Marine has also acquired many modern bunker tankers since then adopting diesel-electric propulsion for fuel economy and reduce air pollution, unmanned machinery space to reduce manpower, remote-controlled winches and cargo/ballast valves operation to improve efficiency, and other features to reduce maintenance cost,” she adds.

The republic, meanwhile, has invested in other bunkering-related technology initiatives such as electronic bunker delivery notes (e-BDNs), the delivery of bunker from terminals using MFM (SS 660:2020), and the verification of MFM on bunker tanker using a Master Meter (TR 80:2020) to enhance the local bunkering sector – with the close participation of SSA.

“The e-BDN is the upcoming initiative that the industry can look forward to. There are already solutions in the market and at SSA, we see ourselves as creating the awareness to the industry and at the same time, encourage our Members to be part of the digitalisation journey together as soon as we can,” says Yang.

“From what we know, MPA is also looking at a digital-base monitoring system during bunker supply. Like the rest of the industry, I am also looking to hear more details from MPA on this.

“For SSA, what I can say is that we play a very active role to encourage members to embrace digitalisation and technology. Over the last couple of years, SSA collaborated with MPA and IMDA on various initiatives such as the Maritime Digitalisation Playbook (MDP) and the Industry Digital Plan (Plan) which charts out digital solutions that SMEs in the harbourcraft and bunkering sector can adopt.

“SSA members want to digitalise and they have ideas too. To ensure that proposed solutions/plans are able to meet current and future needs, they would need clarity from the authorities on the expectations and regulations that are still evolving.”

Moving forward, Yang believes the shipping sector should stay updated on technology trends to remain relevant.

“The bunkering industry, like many other shipping sectors, have undergone tremendous changes and we can expect more developments with emerging technologies, availability of alternative fuels and emerging technologies, not to mention the IMO 2050 emission targets,” she explains.

“With such constant evolvements, it will be hard to remain relevant if one does not keep abreast of industry development or latest technology and equipment.”

Note: Caroline Yang is among panellists at the Singapore’s Digital Vision Dialogue: Transformation for The Next Frontier onsite + online live stream roundtable. The session is scheduled to take place on Tuesday (20 April) at 09:40 SGT as part of SMTC 2021.


Photo credit: Hong Lam Marine Pte Ltd

Published: 15 April, 2021

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Events

London forum to address critical bottlenecks holding back maritime decarbonisation

Marine Energy Transition Forum 2026 will be held on 11 November to address bunker fuel, technology and infrastructure barriers that continue to slow the industry’s transition to net-zero emissions.

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London forum to address critical bottlenecks holding back maritime decarbonisation

The Marine Energy Transition Forum (METF) 2026 will bring together leading voices from across the global maritime sector on 11 November 2026 at Norton Rose Fulbright, London.

The forum will tackle one of shipping’s most pressing challenges: how to overcome the fuel, technology and infrastructure barriers that continue to slow the industry’s transition to net-zero emissions.

Under the theme “Reframing the maritime decarbonisation roadmap: addressing fuel, technology and infrastructure bottlenecks,” the one-day forum will provide a platform for shipowners, fuel suppliers, technology developers, ports, policymakers and financiers to examine the practical steps needed to accelerate progress while maintaining commercial competitiveness.

As the maritime industry navigates an increasingly complex regulatory and commercial landscape, METF 2026 will focus on delivering practical insight into the challenges—and opportunities—shaping the next phase of the energy transition.

The conference programme will explore five key themes:

  • The effectiveness of current regulatory frameworks and policy measures, including regional and international initiatives driving maritime decarbonisation.
  • Progress in developing a resilient multi-fuel future, examining investment, fuel availability, supply chains and infrastructure.
  • The commercial readiness of emerging technologies, including alternative propulsion systems, vessel optimisation, batteries, carbon capture, wind propulsion and digital solutions.
  • Building a supportive business environment for energy transition companies, with discussions covering finance, innovation, scaling businesses and market development.
  • The evolving role of ports as critical enablers of shipping’s energy transition through new fuel infrastructure, shore power and energy cluster development.

METF 2026 is designed to encourage open discussion between every part of the maritime value chain, recognising that collaboration across fuel producers, shipowners, ports, technology providers, investors and policymakers will be essential if global decarbonisation ambitions are to be achieved.

The event will feature expert speakers, panel discussions and extensive networking opportunities, enabling delegates to exchange ideas, develop partnerships and gain practical insight into the strategies shaping the future of maritime energy.

Registration for METF 2026 is now open. Further information and registration can be found here

 

Photo credit: ship.energy
Published: 13 August, 2026

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LNG Bunkering

EXMAR to convert LNG carrier into floating transshipment unit for bunkering

Vessel will soon undergo a dry-dock including modifications to make the vessel suitable as a floating transshipment unit, dedicated to the LNG bunkering market.

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EXMAR to convert LNG carrier into floating transshipment unit for bunkering

Ship owner EXMAR on Thursday (6 August) announced that it has taken delivery of the 146,000 m³ LNG Carrier SIMAISMA

The vessel is secured under an initial seven-year charter contract with a “first-class counterpart”. 

“The vessel will soon undergo a dry-dock including modifications to make the vessel suitable as a floating transshipment unit (FTU), dedicated to the LNG bunkering market,” it said in a statement. 

The FTU will receive large parcels of LNG from trading LNG carriers and specialised LNG bunkering vessels will load at the FTU before supplying it as a fuel to vessels that use this LNG as a bunker fuel.

EXMAR’s CEO, Carl-Antoine Saverys, said: “EXMAR is gladly assisting its client in further paving the way to unlock LNG as a fuel for the shipping industry. 

“The FTU is a smart solution with which our client brings down the costs of the logistics relating to the LNG bunkering. 

“With this solution, we are building upon EXMAR’s close to 50 years of LNG experience. We look forward to deploying more of these assets to unlock the full potential of LNG as a fuel for the maritime industry.”

 

Photo credit: EXMAR
Published: 7 August, 2026

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FuelEU

Skuld on FuelEU Maritime: Early lessons from first year of compliance

Joe Bettles of Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping discusses the first FuelEU Maritime compliance results and what they indicate for the shipping industry.

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RESIZED Chris Pagan

With the first FuelEU Maritime compliance data emerging after the inaugural year of greenhouse gas (GHG) intensity reporting for ships trading in the EU, marine insurer Skuld spoke with Joe Bettles, Climate Policy Manager and author of the Countdown newsletter at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, to examine what the early results reveal: 

The first data on FuelEU Maritime compliance is now emerging, following the first year of reporting against greenhouse gas (GHG) intensity targets for shipping companies trading in the EU.

To better understand what the early results show, we spoke with Joe Bettles, Climate Policy Manager and author of the Countdown newsletter at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (Center). The Center recently published its analysis of the first reporting year in the article “What did we learn from the first year of FuelEU?”

Under the regulation, shipowners have several options for compliance, including:

  • The pooling mechanism, which allows vessels with a compliance surplus to trade it with other vessels.
  • The borrowing mechanism, which allows companies to defer a compliance deficit to the following year for a 10% surcharge.
  • Meet the target by using low GHG intensity fuels.
  • Pay the FuelEU penalty (penalty).

Pooling becomes the preferred option

The first year of reporting indicates that pooling has quickly become the preferred choice. According to data from the European Commission, 92% of vessels used the pooling mechanism, while only 2% used borrowing. The remaining vessels either paid the penalty or met the target by using LNG or other low-GHG energy sources.

Commenting on the findings, Joe Bettles says: “Our insights from the first year of reporting indicate that shipping companies were able to comply with the targets, with most using the pooling mechanism. This shows that FuelEU is working as intended. As we approach the IMO’s upcoming discussion on the Net-Zero Framework (NZF), FuelEU demonstrates that it is possible for the global fleet to comply with a GHG intensity regulation using existing fuels and providing incentives for the uptake of cleaner energy sources.”

A developing market for compliance surplus

The Center’s article also reviews the different pooling platforms available to shipping companies seeking to meet their obligations under the regulation. The price of compliance surplus, averaging around EUR 208/tCO₂eq, remained relatively stable, suggesting that the market matured early, with buyers generally able to find sellers.

On the development of the pooling market, Joe notes: “The prices for trading compliance surpluses remained well below the EUR 640/tCO₂eq penalty for VLSFO, making the pooling mechanism significantly more attractive than paying the penalty.”

Fuel choices remain central to compliance

The role of fuel choice is also important. Looking at fuels supplied to the FuelEU market, the Center estimates that 3.22 million tCO₂eq of reductions, relative to an all-VLSFO fleet, will be required to meet the 2% reduction target between 2025 and 2029. Based on analysis of previous years’ fuel consumption, the Center indicates that LNG may have contributed around one-third of the required reduction. Biofuel blends account for the remainder, with biodiesel and bio-LNG dominating the low-GHG fuel mix.

Joe highlights how the pooling mechanism can help extend the impact of lower-GHG fuels across the fleet: “Although LNG is not a drop-in replacement for VLSFO, the pooling mechanism under FuelEU allows an LNG-fuelled vessel to share its over-compliance with other vessels that cannot physically use LNG. Depending on the engine type in the ship, LNG can remain compliant with the 14.5% reduction target through 2039 and can further extend its compliance through banked surplus or by using liquified biomethane.”

Three early lessons from FuelEU Maritime

Drawing on the first year of reporting, Joe Bettles and the Center identify three lessons that may also be relevant for the IMO in the future.

First, the results indicate that a fuel standard for shipping can work. FuelEU’s first year has created incentives for the use of alternative fuels and a market for those who prefer to pay for emissions compliance.

Second, regulations should include mechanisms that support a broader mix of energy sources. Lower-maturity alternatives, such as wind-assisted propulsion, e-fuels and onshore power, still represented a limited share of the mix.

Third, policy stability and clear reduction pathways can help reduce uncertainty for shipping companies and support the business case for investment in cleaner alternatives.

Supporting knowledge sharing across the maritime value chain

Skuld is a Mission Ambassador to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, supporting its work as a platform for collaboration, knowledge sharing and practical insight across the maritime value chain.

“The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a highly valuable forum for us at Skuld. It provides access to a broad network of industry stakeholders and helps us stay close to the challenges shipowners face in meeting regulatory requirements and reducing emissions. Just as importantly, it serves as a platform for dialogue and knowledge sharing across the maritime value chain” – Matias Bøe Olsen, Decarbonisation and transition risk lead, Skuld.

Note: Read the full article on FuelEU’s first-year experiences here.

 

Photo credit: Chris Pagan on Unsplash
Published: 7 August, 2026

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