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SMW 2023: Joint opening ceremony held for MarineTech Conference and Sea Asia Exhibition

Sea Asia will feature more than 10 national pavilions, as well as zones dedicated to specific areas such as bunker fuels and lubricants, decarbonisation solutions, and marine supplies.

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The Maritime and Port Authority of Singapore (MPA) on Tuesday (25 April) said the MarineTech Conference was opened by Mr Chee Hong Tat, Senior Minister of State for Finance and Transport. 

Held from 25 to 26 April 2023 at the Marina Bay Sands Expo and Convention Centre, the conference brings together more than 50 global industry speakers from 16 countries to discuss challenges and innovation opportunities, share insights on emerging technologies, and identify ways to accelerate maritime transformation.  

Topics on smart ports and ships, green and digital shipping corridors, innovation and start-ups, decarbonisation and green technologies, maritime cybersecurity, and technologies to empower seafarers, was discussed across 14 panel and speaker sessions. 

Key overseas speakers include Francis Zachariae, Secretary-General, International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA), as well as representatives of major shipping companies, innovation and venture capital players and industry associations such as International Association of Ports and Harbours and the Digital Container Shipping Association.

MOU Signings at MarineTech Conference 

MPA and PSA Singapore renewed the Memorandum of Understanding (MoU) on Port Technology Research and Development Programme. As part of the MoU, MPA and PSA will each commit $12 million to support transformative R&D projects. 

The conference also hosted the signing of other MoUs and agreements between industry partners including:

  • ZEBOX co-innovation agreement with Bureau Veritas Marine & Offshore, PSA unboXed and Synergy Marine Group to develop game-changing solutions with startups for operational efficiency, assets optimisation and decarbonisation, workflow automation, and future of work;
  • Master Agreement Framework for Maritime AI Research Programme led by A*STAR’s Institute of High Performance Computing to drive industry transformation and adoption of maritime AI solutions; and
  • MoU by Coastal Sustainability Alliance and its new partners to support decarbonisation of Singapore’s domestic harbour craft sector by developing an electric vessel ecosystem, including charging stations, marine logistics and services, as well as workforce upgrading.

Sea Asia 2023

Sea Asia 2023 was opened today by Mr Baey Yam Keng, Senior Parliamentary Secretary, Ministry of Sustainability and Environment & Ministry of Transport. Organised in conjunction with Singapore Maritime Week, Sea Asia is a flagship tradeshow held biennially to provide a platform for industry professionals to connect, collaborate, and explore the latest trends shaping the future of the maritime industry. 

From 25-27 April 2023, the 9th edition of Sea Asia will see over 300 exhibitors from more than 70 participating countries showcasing innovative solutions across the maritime value chain. The event will feature more than 10 national pavilions, as well as zones dedicated to specific areas such as marine fuels and lubricants, decarbonisation solutions, and marine supplies. Within the MarineTech zone, the PIER71™pavilion featured various R&D and technology solutions developed by maritime enterprises, start-ups and technology developers under the PIER71™ programme.

One such exhibitor is SunGreenH2, a Singapore based cleantech start-up that had won a Special Mention in the 2022 edition of PIER71’s™ Smart Port Challenge for its proposal on their hydrogen producing electrolysers. Since then, it has secured opportunities to pilot their high-performance electrolyser on Jurong Island, which is able to produce two times more green hydrogen from purified water at 10% lower energy consumption. Beyond Singapore, the start-up will be deploying their first commercial electrolysers with Spain’s Naturgy Innovahub and has also been invited by the Hamburg Government to demonstrate their electrolyser at the German Aerospace Research Institute ZAL in May 2023. 

The tradeshow will also offer a unique opportunity and space for attendees to participate in knowledge-sharing sessions and dialogues led by industry professionals. Titled “Knowledge Sharing Theatre’, there will be more than 25 presentations and product demonstrations led by exhibitors over three days. 

Port Authorities Chief Information Officers Cybersecurity Network (PACC-Net)

In conjunction with the Singapore Maritime Week 2023, an inaugural table-top exercise (TTX) for the Port Authorities Chief Information Officers Cybersecurity Network (PACC-Net) will be held on 27 April 2023 to test and exercise the information sharing protocols. 

The TTX will involve Chief Information Officers and Chief Information Security Officers from international port operators and authorities including MPA, Montreal Port Authority, National Ports Agency of Morocco, Port Klang Authority, Port of Seattle, and Tanger Med Special Agency (Port Authority). The TTX will simulate a ransomware affecting multiple ports across regions, and PACC-Net members will work out a collaborative response to share critical information early and manage the ransomware.

The proposal for PACC-Net was tabled by MPA at the 5th edition of the Port Authorities Roundtable in Kobe, Japan in 2019 and launched in October 2020. The PACC-Net aims to enhance cybersecurity awareness within the maritime sector and facilitate early sharing of cyber information to counter potential maritime cyber security threats. These collaborations are important as the industry become more digitalised and connected as a cyber incident in one place can quickly impact the supply chain globally.  

Note: The full list of MoUs signed by industry partners during MarineTech Conference can be found here and details on SMW 2023 can be viewed here.   

 

Photo credit: Maritime and Port Authority of Singapore
Published: 26 April, 2023

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Alternative Fuels

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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Alternative Fuels

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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Alternative Fuels

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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