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LNG Bunkering

MOL secures BNPP and CEXIM ‘green loan’ to build LNG bunker tanker

18,600 cbm LNG bunkering vessel will operate in northern Europe to supply LNG for Containerships’s vessels.

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Tokyo-based Mitsui O.S.K. Lines, Ltd. (MOL) on Monday (23 December) said it has signed its first green loan to partially finance the construction of the world's largest liquefied natural gas (LNG) bunkering vessel, which will be owned and operated by MOL.

Net proceeds will exclusively finance the construction of an 18,600 cbm LNG bunkering vessel, which will be operated in northern Europe to supply LNG as a fuel for LNG-fuelled mega Containerships after being delivered from shipyard in early 2020. 

The loan is provided by BNP Paribas (BNPP) and the Export-Import Bank of China (CEXIM), with both banks acting as Mandated Lead Arrangers and BNPP acting as Sole Green Structuring Advisor.

Green Loans are used to raise funds for businesses aimed at protecting and improving the environment.

“LNG bunkering vessels have a key role to play in meeting the shipping industry's growing appetite to use LNG as a cleaner fuel alternative,” said Matthew Forrest, Head of Shipping, Southeast Asia, BNP Paribas.

“With the IMO2020 SOx regulation and the upcoming IMO2050 framework on GHG and CO2 emissions, BNP Paribas is pleased to have acted as Mandated Lead Arranger and Sole Green Structuring Advisor to help MOL in financing one of the world's largest LNG bunkering vessels.

“This is clearly a milestone transaction as it is the first green loan worldwide financing this vessel category. As a leader in both shipping finance and sustainable finance, BNP Paribas is driving green initiatives for clients globally as the shipping industry goes through a period of rapid transformation to drastically cut its carbon output and improve its sustainability performance.”

In early December, Manifold Times reported Total Marine Fuels Global Solutions (TMFGS) and MOL signing a long-term charter contract for a second large LNG bunker vessel, to be delivered in 2021. She will be positioned in the Marseille-Fos area in France.

This bunker vessel will be built by Hudong-Zhonghua Shipbuilding in China. She will have a capacity of 18,600 m³ for a length of about 135 meters and will be fitted with the Mark III membrane containment system provided by French company GTT.

Related: Total and CMA CGM enter LNG bunker agreement for Marseille-Fos ops

Picture credit: Total
Published: 24 December, 2019

 

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Bunker Fuel

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

4.73 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt recorded during the similar month in 2025.

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Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Sales of marine fuel at Singapore port fell by 3.8% on year in July 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.73 million metric tonnes (mt) (exact 4,731,900 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt (4,918,000 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July (against on year) recorded respectively 1.95 million mt (zero from 1.95 million mt), 2.33 million mt (-2.1% from 2.38 million mt), 1,600 mt (+100% from zero), 700 mt (-82% from 3,900 mt) and zero (from zero).

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July, (against on year) recorded respectively 8,200 mt (-83.7% from 50,300 mt), 29,900 mt (-62.9% from 80,500 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 1,400 mt (-46.2% from 2,600 mt). 

LNG and methanol sales were 58,700 mt (+41.4% from 41,500 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 17 August, 2026

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Alternative Fuels

China: SIPG Energy completes first simultaneous two-vessel, two-fuel green bunkering operation

SIPG Energy says the simultaneous LNG and bio-methanol bunkering operations demonstrate Shanghai Port’s expanding capability to supply multiple green marine fuels at anchorage.

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Shanghai port completes first simultaneous two-vessel, two-fuel green bunkering operation

SIPG Energy (Shanghai) Co Ltd (SIPG Energy) on Sunday (16 August) completed what it described as China’s first simultaneous two-vessel bunkering operation involving two different green marine fuels at anchorage, supplying LNG and bio-methanol to two vessels.

The company’s LNG bunkering vessel Hai Gang Wei Lai supplied LNG to PIL’s KOTA ELAN, while methanol bunkering vessel Hai Gang Zhi Yuan supplied domestically produced biomass-based methanol to CMA CGM’s dual-fuel container ship CMA CGM OSMIUM.

According to SIPG Energy, the two bunkering operations were carried out simultaneously and safely, highlighting Shanghai Port’s growing ability to provide diversified and large-scale green-fuel bunkering services at anchorage.

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The operation required enhanced coordination in safety management, resource allocation and emergency response. Shanghai Maritime Safety Administration, Shanghai Customs and Shanghai General Station of Immigration Inspection, along with other supporting organisations, provided regulatory guidance and operational support.

“The combined efforts of all parties significantly improved the efficiency of bunkering at anchorage,” the company said. 

The company said it will continue to expand its safe bunkering capabilities for bio-methanol, LNG and other green marine fuels, while broadening its fuel supply portfolio and service scenarios to support the shipping industry’s transition to lower-carbon marine fuels.

 

Photo credit: SIPG Energy
Published: 17 August, 2026

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LNG Bunkering

Shell expands LNG bunkering footprint in Spain with Valencia

As one of the region’s key maritime hubs, the company said Valencia expands the options available to shipowners seeking LNG supply along major shipping routes.

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Shell expands LNG bunkering footprint in Spain with Valencia

British oil giant Shell on Thursday (13 August) said Valencia has joined its growing network of bunkering locations, making LNG available as a marine fuel.

The successful completion of the first LNG bunkering operation in Valencia marked an important milestone for Spain and further strengthened Shell’s LNG supply capabilities across the Mediterranean. 

In a video shared by the company, bunkering vessel Alice Consulich was shown supplying an undisclosed volume of LNG to the container ship MSC Sabrina.

“As one of the region’s key maritime hubs, Valencia expands the options available to shipowners seeking LNG supply along major shipping routes,” Shell said in a social media post. 

Shell said the achievement reflected the strong collaboration across the maritime value chain, including MSC Mediterranean Shipping Company, the Port of Valencia and Fratelli Cosulich Group.

“We look forward to making more LNG bunker deliveries in Valencia and across the Mediterranean as LNG infrastructure and capabilities continue to expand,” the company said. 

 

Photo credit: Shell
Published: 14 August, 2026

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