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SIBCON 2020: TMFGS shares view on post IMO 2020 capacity of LNG cargo and bunker market

‘TOTAL’s LNG trades are expected to grow to 50 million tonnes per year by 2025, and Total is projected to have more than 20 LNG carriers at that time,’ states MD.

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Jerome Leprince-Ringuet, Managing Director of Total Marine Fuels Global Solutions, at the Singapore International Bunkering Conference and Exhibition (SIBCON) 2020 shared some insights on the post IMO 2020 capacity of the liquified natural gas (LNG) bunker fuel market – which he believes is strengthened by the baptism of fire that is the Covid-19 related oil market crash.

“TOTAL’s LNG trades are expected to grow to 50 million tonnes per year by 2025, increasing by 10 million tonnes per year from 2020, and Total is projected to have more than 20 LNG carriers at that time,” said Leprince-Ringuet.

“Right now, LNG is probably the best fuel of choice to balance the shipping energy dynamics until a stable zero carbon fuel can be implemented because LNG allows for much adaptability.

 “An LNG powered vessel will be able to bunker bio gas and e-methane in the future, and those are probably competitive options compared to other zero carbon fuels. 

“Shipowners will also be able to retrofit their vessels later on to handle low flashpoint fuels, and there may be the option of installing carbon capture and storage to further reduce the impact of any carbon emissions.

LNG bunkering post COVID

While Covid-19 related problems have impacted the prices of both conventional fuels and LNG, data shows that the price of conventional fuels is more volatile than gas, says Leprince-Ringuet.

Through the volatility of Covid-19 market conditions, LNG as a bunker fuel has proven itself to be maturing and an economically viable solution as the price spread between LNG and conventional bunker fuel has generally remained consistent compared to 2017.

Changing LNG economics and how this will help shipping

An unexpected development in the energy market is that more LNG trades are being made on a short-term basis (spot trading), according to Leprince-Ringuet.

Traditionally, contracts in the gas trading industry are structured in the form of very long-term contracts (decades). However, 34% of trades last year were short term trades, signaling that globally the energy market is evolving towards spot trading which is more suited to the bunkering industry. 

Leprince-Ringuet’s top tips for LNG bunkering to become a viable option moving forward:

  • Build confidence for decision makers to turn to LNG as a marine fuel
    • It is not easy to turn to a fuel that you need to store at minus 162 degrees Celsius.
    • Crew that operate either LNG bunker tankers or LNG powered vessels need to have the proper training and certification for a smooth and safe transition. 
  • Standardisation of LNG bunkering equipment and administration to establish best practices
    • Standardisation should not just be limited to equipment but should include licensing schemes, port regulations, and everything else that goes with the license to operate.
    • Organisations such as SGMF and IAPH have been proactive in establishing industry regulations and procedures to welcome the uptake of LNG bunkering. 
  • The market for LNG bunkering is diverse, and conventional suppliers will do well to find their niche in order to find opportunities
    • The various types of demand ranges from local, to regional to global and involves different features such as scheduling flexibility, credit risk, and bespoke solutions.

“LNG bunkering requires different skills and organisations compared to conventional bunkering. Therefore, there is space and opportunity for stakeholders to serve the market’s growing needs and bunkering expectations,” concludes Leprince-Ringuet.


Photo credit: SIBCON 2020

Published:  13 October, 2020

 

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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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