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SIBCON 2022: Singapore sets out to drive transformation in bunkering

New initiatives on biofuel as marine fuel, digital bunkering and fuel quality assurance announced at the 22nd edition from 4 to 7 October 2022.

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SMS Chee Hong Tat speaking at SIBCON 2022 1

The Singapore International Bunkering Conference and Exhibition (SIBCON) returns for its 22nd edition from 4 to 7 October 2022, as the world’s largest forum for the marine fuel industry. Organised by the Maritime and Port Authority of Singapore (MPA), the biennial event gathers prominent industry players and thought leaders across the global bunkering community to discuss pertinent issues such as trade and supply chain developments, the evolving marine fuel industry, digitalisation for bunkering, and the push for decarbonisation. Themed ‘Driving the Transformation of Marine Fuels’, SIBCON 2022 welcomes 1,800 attendees from over 45 countries.

Speaking at the opening address, Senior Minister of State for Finance and Transport, Mr Chee Hong Tat, shared that the Port of Singapore remained the top bunkering port in 2021 during the COVID-19 pandemic. He added that looking ahead, the global environment has become more uncertain and Maritime Singapore needs to continue transforming to remain relevant as a global hub port and international maritime centre. Mr Chee outlined three key areas – taking steps to kick start our decarbonisation journey, enhancing services through digitalisation, and providing quality assurance – to guide Singapore’s efforts to tackle the near-term challenges for the bunkering sector.

Senior Parliamentary Secretary for Transport, Mr Baey Yam Keng, officiated the SIBCON exhibition with industry partners and toured the exhibits. This year, some 30 exhibitors comprising bunker suppliers, bunker traders, oil majors, engine manufacturers, and software companies participated in the exhibition.

Taking Steps to Kick-start Decarbonisation for the Maritime Sector

The National Climate Change Secretariat is leading public consultation for the potential raising of our level of ambition to achieve net-zero emissions by 2050. The push for the full electrification of local harbour craft and the use of biofuels will contribute to this national effort. At the port-to-port level, MPA is working with like-minded ports such as the Port of Rotterdam to establish green and digital corridors and develop a global network.

Singapore continues to make progress on the bunkering of biofuel. Approximately 70,000 tonnes of biofuel have been supplied in Singapore to ocean-going vessels across more than 40 biofuel bunkering operations. Currently, there is no international quality standard for biofuel as a marine fuel. As part of efforts to support the multi-fuel transition towards decarbonisation, MPA together with the industry, academia, and relevant government organisations under the national standardisation programme overseen by Enterprise Singapore, have developed a provisional national quality standard for marine biofuel to support the development of biofuel bunkering. MPA has also developed a framework setting out conditions under which licensed bunker suppliers may supply biofuel within the Port of Singapore to support trials conducted by vessels. Please refer to MPA Port Marine Circular No. 21 of 2022 in the Annex for details of the standard and requirements.

On quantity assurance, MPA is working with the Technical Committee for Bunkering, to study the impact of biofuel on the metrological accuracy of Mass Flow Meters and is working with stakeholders to amend the SS 648: 2019 Code of Practice for Bunker Mass Flow Metering to include biofuels within its scope.

MPA is also actively looking into the reduction of energy demand which can be pursued regardless of the choice of new marine fuels. This will help shipping companies reduce costs and lower carbon emissions. On alternative fuels, LNG is a transition fuel and Singapore is ready to supply LNG bunker, with a total of 24 ship-to-ship transfer operations in 2021. Singapore’s second LNG bunker vessel, Brassavola, was christened this week as well.

As part of a multi-fuel future, methanol, ammonia and hydrogen derived from renewables and its carriers as well as biofuels could play significant roles in the decarbonisation of global shipping. MPA will continue to collaborate with public and private sector partners to accelerate the trials and adoption of these new fuels to support our domestic and international sustainability goals.

Strengthening fuel quality assurance

MPA announced in May 2022 that it will co-chair an Industry Expert Group (IEG) with the Singapore Shipping Association (SSA) to strengthen quality assurance of bunkers supplied in Singapore and establish a list of chemicals to be tested and their corresponding concentration limits. The IEG includes relevant professional bodies, including the Chemical Metrology Division from Singapore’s Health Sciences Authority, International Council on Combustion Engines, and International Bunker Industry Association. The IEG is expected to provide their recommendations by Q1 2023. MPA, SSA and the IEG will also share information with the International Maritime Organization and International Organization for Standardization as appropriate.

Accelerating digitalisation of bunkering supply chain

Along with the opening conference at SIBCON 2022, Mr Chee also witnessed the signing of a Memorandum of Understanding (MoU) between the Singapore Trade Data Exchange Services (SGTraDex) and key industry solution providers. The MoU seeks to promote the integration of the SGTraDex with solution providers to enable efficient data flows and systems interoperability across the bunker supply chain.

SGTraDex MOU Signing Ceremony 1

Another industry agreement that was signed in conjunction with SIBCON 2022 includes the MoU between S&P Global Market Intelligence and Bunkerchain on Marine Vessel Pass, an Identity as a Service (IDaaS) that enables ship owners to create digital identities for ships. This could potentially enable vessels to replace wet ink ship stamps and physical signatures.

Joint Oil Spill Exercise to test operational readiness to oil spills at sea

MPA is leading a multi-agency Joint Oil Spill Exercise (JOSE) 2022 on 7 October to test and demonstrate Singapore’s operational readiness to respond to a simulated oil spill incident resulting from a “collision” between a tanker and a bulk carrier near the Raffles Reserved Anchorage. More than 100 personnel from the MPA, Civil Aviation Authority of Singapore, Singapore Civil Defence Force (SCDF) and Singapore Police Force (SPF), together with Shell Companies in Singapore and Oil Spill Response Limited (OSRL) will be participating in the exercise. JOSE 2022 will showcase MPA’s newest patrol craft, MPA Guardian, as the On-Scene Commander platform to direct and coordinate the Whole-of-Government (WoG) responses, as well as to deploy its oil dispersant spray system and oil spill containment booms to control the oil spillage.

During the exercise, apart from showcasing firefighting capabilities at sea, the SCDF will also be involved in the rescue and evacuation operations, including a height rescue scenario where injured crew will be rescued from the upper-deck of a vessel using a lowering system and transferred to SCDF marine vessels for evacuation. SPF’s Police Coast Guard will provide a security cordon of the incident site. This will prevent unauthorised entry by other vessels, facilitate clean-up works, as well as ensure the safety of vessels in the vicinity.

In addition to the deployment of oil spill containment booms and skimmers around the bunker tanker, OSRL will dispatch a Hercules-C130 aircraft to perform a low level and wide-area dispersal of “oil dispersant” over the anchorage to contain the spread of the spillage.

JOSE 2022 is expected to host over 80 delegates from SIBCON 2022.

SPS Baey Yam Keng officiating the launch of SIBCON 2022 Exhibition 1

 

Photo credit: Maritime and Port Authority of Singapore
Published: 5 October, 2022

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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