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Interview: Singfar International aims to be a leading global player in sustainable shipping and bunkering

Singfar embarks on plans to put it in good stride to support Singapore and global road to maritime decarbonisation by 2030/2050, shares Pai Hong Yao, Managing Director of Singfar.

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Singapore-based independent vessel owning, newbuilding management, and chartering firm Singfar International Pte Ltd (SFI) has plans to become a leading player in sustainable shipping and bunkering in the republic and beyond, learns Singapore bunkering publication Manifold Times.

In May 2021, SFI entered into a memorandum of understanding with Lianyungang Shenghua Shipbuilding Co., Ltd (LYGSH), China, for the joint development and construction of a series of 7,000 dwt liquefied natural gas (LNG) propelled dual fuel (DF) bunker tankers.

Ambitions in Sustainability

“The maritime industry is currently undergoing massive disruptions to achieve the International Maritime Organisation (IMO)’s vision of decarbonisation by 2050,” shares Mr Pai Hong Yao, Managing Director of SFI.

“We believe this impetus and the rapid advancements in maritime technologies will lead to a greater demand for greener and more efficient vessels.”

“At SFI, we strive to build new vessels which not only comply with the latest regulations, but also allow our charterers and buyers to be at the forefront of the sustainability curve.

“As such, we have divested a number of our conventional and older tonnage over the past six months at fairly attractive market valuations. This will allow us to execute our company strategy to build a younger, greener and more efficient fleet.”

According to Pai, SFI’s pipeline of newbuildings, including two IMO Tier-III (USGC approved) scrubber-fitted Suezmaxes and the series of 5+5 LNG DF bunker tankers ordered from LYGSH, demonstrates the company’s commitment to sustainable shipping.

“SFI’s focus on sustainability also aligns well with the Maritime and Port of Singapore (MPA)’s push for the republic to become a leading hub for maritime decarbonisation,” he states.

“We believe our adoption of the latest technologies, coupled with our extensive newbuilding expertise and vessel management, will allow us to contribute meaningfully to Singapore’s maritime sector’s sustainability agenda.”

Commercial Operations

SFI and its subsidiaries, which mainly derive revenue from charter fees, currently own and manage 26 existing crude and product tankers, of which 23 are bunkering tankers. The company has another two Suezmaxes and a conventional bunker tanker in the newbuilding stage, in addition to the 5+5 LNG DF bunker tankers under joint development with LYGSH.

SFI serves a myriad of local and international charterers, ranging from national oil companies, oil majors, to international trading houses. It has further chartered out a number of vessels to various parties on both spot and time charter contracts – creating customer diversification for its business.

“As SFI embarks on our plans to grow both locally and internationally, we need to be mindful of the challenges posed by the impact of the COVID-19 pandemic on the global economy in the short-to-medium term,” opines Pai.

“For the longer-term horizon, the overall health of the Singapore bunker industry will be vital to our growth plans.”

Alternative Fuels Direction

Looking ahead, Pai firmly believes SFI to be possessing the requisite expertise and experience to support the maritime sector’s transition towards a low-carbon future.

“The market is extremely fluid as developments are constantly made in both fuel sources and engine technologies,” he notes.

“Our core focus will be on supporting the transition to lower carbon fuels, which we are currently pursuing though our investment in the LNG-powered, DF bunker tankers.”

“However, we are also closely monitoring the developments of alternative marine fuels and technologies. SFI has invested in research and development through partnerships with relevant players in an effort to capture early market positions.”

A Global Player with Strong Local Roots

Moving forward, SFI endeavours to build a global fleet that creates value for stakeholders to “make Singapore proud,” according to Pai.

“Our company strives to provide quality tonnage assets on both spot and longer-term basis to third parties in the market,” he exclaims.

“Besides being commercially profitable, we want to be a leader in driving sustainability at the port of Singapore and beyond. The types of investments that we are making at SFI is a clear reflection of that.”

“My vision is to grow SFI into a world-class player in sustainable shipping and bunkering, with strong Singapore roots,” concludes Pai.

Related: Singapore: Singfar International makes shipping market debut with 5+5 DF bunker tanker newbuilding order

 

Photo credit: Singfar International
Published: 31 May, 2021

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Biofuel

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

Bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier “Berge Lyngor”, which was bunkered in Singapore in early May.

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BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

BHP and the Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (3 June) said they have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.

The bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier Berge Lyngor, owned and operated by Berge Bulk, transporting BHP iron ore from Western Australia to China. When run on bio-blend, the vessel has the potential to reduce well-to-wake greenhouse gas emissions by approximately 79 per cent per voyage compared to sailing on very low sulphur fuel oil (VLSFO).

The vessel bunkered in Singapore in early May with a B100 bio-blend comprising 50 percent tallow-derived biodiesel, sourced and supplied by HAMR Energy, and 50 per cent used cooking oil (UCOME) supplied by Mitsui & Co Energy Trading Singapore (METS).

Mitsui also blended the fuel and Dan-Bunkering coordinated and executed the bunkering operation, which was performed by Global Energy’s barge MT Maple.

The BHP and GCMD pilot will assess how biofuels from multiple feedstocks can be blended, handled, and introduced under real-world operating conditions using existing used cooking oil bunkering infrastructure.

At the same time, insights from this pilot will help identify solutions to challenges related to fuel quality, handling, traceability, and onboard vessel performance.

Biofuels for global shipping today rely heavily on used cooking oil – a feedstock whose availability is approaching its projected limits. Biofuel from waste animal fats presents a promising option to expand the supply of lower-emissions marine fuels.

The outcomes of the pilot are expected to shed light on the practical steps to integrate biofuel blends from different feedstocks into existing supply chains. The diversity of biofuels will provide shipowners and operators with greater flexibility to optimise fuel procurement based on cost, availability, and lifecycle emissions performance.

Biofuels derived from different feedstocks can exhibit varying properties that may impact operations, including potential corrosion from oxidation, fuel system clogging caused by wax formation, which this pilot aims to assess.

The pilot will trace and verify the biofuel blend’s integrity aimed at bolstering confidence in emissions reductions reporting. The pilot will also provide insights into how robust tracing can support future marine fuel supply chains where biofuels from multiple feedstocks with varying lifecycle greenhouse gas emissions footprints are blended together.

This project is co-funded by the Maritime and Port Authority of Singapore under the Maritime Innovation and Technology Fund (MINT).

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 3 June, 2026

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Biofuel

NYK starts one-year B100 bio bunker fuel trial on car carrier

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices.

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NYK starts one-year B100 bio bunker fuel trial on car carrier

Japanese shipping firm NYK on Tuesday (2 June) said it has commenced a one-year long-term trial involving the continuous use of 100% biofuel (B100) on an NYK-operated car carrier. 

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices. High-purity biofuels such as B100 are known to be susceptible to degradation from oxygen, light, and heat, raising concerns about the stability of such fuels during long-term use.

In this trial, the biofuel primarily comprises FAME (Fatty Acid Methyl Ester) derived from used cooking oil and similar feedstocks.

The initiative is designed to evaluate the fuel’s effects on the vessel’s equipment and verify operational safety under real-world conditions. 

Through this effort, NYK seeks to accumulate technical expertise that will support the broader use of high-purity biofuels and further accelerate efforts to reduce greenhouse gas (GHG) emissions.

NYK has been advancing the use of biofuels through various initiatives. In 2024, the company conducted a trial using biofuel blend B24 and subsequently expanded practical usage to B30. However, the company said there remains limited global experience with the long-term continuous use of B100.

“By collecting long-term operational data through this trial, NYK aims to accumulate valuable technical insights to support both the safe operation of vessels and the wider adoption of high-purity biofuels,” it said. 

 

Photo credit: NYK
Published: 3 June, 2026

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Ammonia

AM Green plans to build green ammonia plant at Indian port

Initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes, says VOC Port Authority.

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VO Chidambaranar (VOC) Port Authority on Friday (29 May) said it has signed a Memorandum of Understanding (MoU) with India’s ammonia producer AM Green Ammonia to collaborate in the development of a green ammonia production plant.

The plant will have a capacity of one million tonnes per annum (MTPA) at Tuticorin.

The initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes. 

The project is expected to support the development of green fuel corridors connecting VOC Port with major ports in Europe and Asia, thereby strengthening India’s position in the global green fuels value chain.

VOC Port also signed a Memorandum of Understanding (MoU) with Bureau Veritas (India) Pvt. Ltd., to collaborate on Green Port certification, emissions accounting, ESG reporting, safety validation, development of green bunkering practices, and establishment of a Centre of Excellence for green fuels and sustainability.

The port also plans for an upcoming 750 m³ green methanol bunkering facility.

 

Photo credit: Naveed Ahmed on Unsplash
Published: 3 June, 2026

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