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South Korea: Ministries unveil initiative to advance green tech for shipping & marine fuel

Initiative is in response to upcoming IMO environmental regulations, the EU Emissions Trading System (ETS), and the paradigm shift in the maritime industry.

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The South Korean Ministry of Oceans and Fisheries on Wednesday (23 December) said it has collaborated with the South Korean Ministry of Trade, Industry and Energy to jointly develop the “2030 Green Ship-K Initiative” which was unveiled at the 7th Ministerial Meeting on the Korean New Deal held on Wednesday morning.

The initiative is in response to upcoming environmental regulations set by the IMO, the EU Emissions Trading System (ETS), and the general paradigm shift in the global maritime industry towards more environmentally friendly ships.

The “2030 Green Ship-K Initiative” is part of the Korean government implemented Act on Promotion of the Development and Distribution of Eco-friendly Ships which is set every 10 years but reviewed every 5 years.

The initiative aims to align policies with the Green New Deal and  establish a brand image for Korean ships as eco-friendly.

The main components of the “2030 Green Ship-K Initiative” are as follows:

Development of leading technology for future eco-friendly ships with a focus on developing maritime technology to reduce greenhouse gas by 70%

  • In order to secure world-leading technology for future eco-friendly ships, the initiative includes the localisation and advancement of liquified natural gas (LNG), electricity, hybrid core equipment technology and low-carbon ship technology with mixed fuel.
  • The long run goal is to develop carbon-free maritime fuel technology such as hydrogen and ammonia.
  • The initiative aims to reduce 40% of GHG in25 years and 70% reduction in 30 years.
  • To this end, the government announced it plans to support the Eco-friendly technology development project with an estimated KRW 960 billion (USD 869 million). A preliminary feasibility review for this plan has been scheduled.

Korean maritime technology demonstration

  • Following the development of eco-friendly technology for ships, tests will be conducted to verify the economic feasibility before launching them on a commercial scale.
  • The initiative includes the construction of more than 10 demonstration ships demonstrating eco-friendly technology such as LNG bunkering ships and LNG-ammonia mixed fuel propulsion ships.
  • This portion of the plan is expected to contribute to the vitalisation of the local economy where the shipbuilding and shipping industries are concentrated: Busan (KRW 1.5 trillion), Jeonnam (KRW 1.2 trillion / USD 1.4 billion), Ulsan (KRW 1 trillion/USD 906 million), Gyeongnam (KRW 0.4 trillion/USD 362 million), where the shipbuilding and shipping industries are concentrate.

Promote the retrofit of existing ships to become eco-friendly, achievinga conversion rate of 15%

  • Priority will be given to commercially viable technologies such as LNG and hybrid retrofits, tentatively beginning with ships from the public sector followed by the private sector.

Establishment of bunker fuel supply infrastructure and operation systems

  • The infrastructure for supplying ‘green’ fuels such as LNG and electric power will be gradually expanded (700,000 tons in by 2025 → 1.4 million tons by 2030)
  • To this end, the ministry will diversify the means of supplying LNG bunker fuel, such as operating LNG bunkering vessels and building onshore terminals.
  • In addition, in order to create a market-led ecosystem for eco-friendly ships, the national classification system for eco-friendly ships will provide additional points when selecting a ‘green’ business operator.
  • A support center will be established for analysing and verifying greenhouse gas and air pollutant emissions based on actual eco-friendly ship operation information. The center will be able to facilitate remote diagnosis and predictive maintenance of ships for advanced data-driven management and safe operations.

Before 2030, the reduction in emissions is not expected to be significant as much preparations will be needed, but it is expected that the effects of the technological developments will impact the industry in a meaningful way from 2030 onwards, said the Ministry. 

“The transition to eco-friendly ships is an inevitable obligation under international norms, and as a new challenge in the shipping and shipbuilding sectors, it will serve as an opportunity to advance the industrial ecosystem to the next level,” said the South Korean Government. 

 “With a smooth implementation of this initiative, we will actively support the shipping, shipbuilding, and maritime equipment industries to achieve carbon neutrality in 2050 and create a sustainable ecosystem while developing into a new growth engine that leads to a new era.” 

Related: Naming ceremony held for South Korea’s first LNG-powered bulk carriers
Related: Korea: Construction of first bunkering ship for LNG-fuelled coastal vessels begins
Related: Korea govt planning fuel conversion of 140 state-owned ships by 2030
Related: South Korea to launch $250 million LNG conversion pilot project


Photo credit: South Korean Ministry of Oceans and Fisheries
Published: 24 December 2020

 

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Mass Flowmeter

Hong Kong backs MFM adoption with voluntary scheme to boost bunkering competitiveness

Hong Kong’s Marine Department launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems on their bunker vessels.

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RESIZED EH dual mfm setup

Hong Kong’s Marine Department (MD) on Wednesday (3 June) launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems (MFM systems) on their bunker vessels.

MD said the scheme aims to enhance Hong Kong’s bunkering service quality and the competitiveness of Hong Kong ports, thereby further consolidating Hong Kong’s position as an international maritime centre and a major bunkering port.

Under the Scheme, bunker operators of traditional maritime fuel and biodiesel that install and use MFM systems on their bunker vessels, with the MFM systems inspected and certified by an accredited body in accordance with the International Organization for Standardization’s ISO 22192 Standard or equivalent requirements, can apply to the MD for inclusion in the scheme’s “List of Quality Bunker Vessels”, provided they meet the relevant technical and operational requirements. 

Details of the bunker vessels successfully included in the List will be published on a dedicated page on the MD’s website for reference by shipping companies and relevant stakeholders.

Participation in the Scheme is voluntary. In addition to receiving recognition from the MD, participating bunker operators will benefit from enhanced corporate image and competitiveness through the adoption of MFM systems, thereby boosting customers’ confidence and helping to create new business opportunities.

 A spokesman for the MD, said: “As an international maritime centre supported by our country, Hong Kong has a strategic location adjacent to major international fairways. Coupled with years of development in marine fuel bunkering, Hong Kong possesses rich experience and talent in the field. For many years, Hong Kong has consistently ranked as the seventh-largest bunkering port globally, the second-largest in our country, and the largest in the Greater Bay Area, providing reliable and competitive fuel bunkering services to ocean-going vessels from around the world. 

“As the international shipping industry has an increasing demand for accuracy and transparency in bunkering services, service quality and measurement precision in bunkering operations have become important indicators of a bunkering port’s competitiveness. The Scheme will enhance bunkering accuracy and transparency, further enhancing the quality of Hong Kong’s bunkering services.

The spokesman added that comprehensive port services are one of Hong Kong’s key advantages as an international maritime centre.

“We will also mandate the use of MFM systems on all methanol bunker vessels this year to ensure that Hong Kong continues to provide high-quality bunkering services in the era of green maritime fuels.” 

Note: The application form for the Scheme can be found on the MD’s website. Interested bunker operators can download the application form from the website or contact the MD’s Green Maritime Fuel Team via email ([email protected]) for details.

 

Photo credit: Manifold Times
Published: 4 June, 2026

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Alternative Fuels

MPA and MSC ink MoU to support adoption of alternative bunker fuels

MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency.

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MPA and MSC ink MoU to support adoption of alternative bunker fuels

The Maritime and Port Authority of Singapore (MPA) on Wednesday (3 June) said it signed a Memorandum of Understanding (MoU) with MSC Mediterranean Shipping Company to strengthen collaboration in maritime decarbonisation, digitalisation, innovation, and manpower development. 

The MoU was signed on 25 May 2026 by Mr Ang Wee Keong, Chief Executive of MPA, and Mr Soren Toft, Chief Executive Officer of MSC.

The MoU underscores the shared commitment of MPA and MSC to foster a sustainable, digital, and future-ready maritime sector, while enhancing MSC’s operational and business activities in Singapore. This year also marks the 30th anniversary of MSC establishing its Asia Regional Office and local office in Singapore.

Under the MoU, MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency and operational performance.

MPA and MSC will also collaborate on maritime digitalisation initiatives to improve operational efficiency, including streamlining vessel arrivals and port operations. 

On manpower development, MSC will support internship and scholarship opportunities through Singapore Maritime Foundation’s Maritime Outreach Network (MaritimeONE) platform, an industry-led tripartite partnership comprising industry, government and institutes of higher learning that aims to raise awareness of the maritime industry and attract quality talent into the maritime sector.

Mr Ang Wee Keong, Chief Executive of MPA, said: “This partnership reflects the strong collaboration between MPA and MSC in driving sustainability and digitalisation in the maritime sector. By working together on decarbonisation, operational efficiency and talent development, we aim to strengthen Maritime Singapore’s position as a trusted and future-ready global maritime hub.”

Mr Soren Toft, Chief Executive Officer of MSC, said: “Singapore is a strategically important hub for MSC and a key gateway to the broader Asia region. As we mark 30 years in Singapore, this MOU reinforces our long-term commitment to strengthening our presence here. MSC and Singapore are closely aligned on the priorities shaping the future of global shipping, and we look forward to deepening this partnership to drive the continued growth and resilience of the maritime industry.”

 

Photo credit: Maritime and Port Authority of Singapore
Published: 4 June, 2026

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Emissions reporting

StormGeo and OceanScore link emissions data, compliance workflows

Cooperation combines StormGeo’s expertise in operational vessel and emissions data with OceanScore’s expertise in emissions compliance workflows across EU ETS, FuelEU Maritime and UK ETS requirements.

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StormGeo and OceanScore link emissions data, compliance workflows

Weather intelligence and decision support solutions provider StormGeo and Hamburg-based technology platform OceanScore on Wednesday (3 June) said they have deepened their ongoing cooperation through the signing of a collaboration agreement during Posidonia 2026 in Athens on 2 June.

The cooperation combines StormGeo’s expertise in operational vessel and emissions data with OceanScore’s expertise in emissions compliance workflows across EU ETS, FuelEU Maritime and upcoming UK ETS requirements.

Together, the companies aim to help shipping companies seamlessly navigate increasing regulatory complexity more efficiently — from emissions reporting and data validation to compliance exposure management, pooling and financial settlement.

As emissions regulation becomes an increasingly important part of commercial shipping operations, the need for reliable operational data and streamlined compliance processes continues to grow. The cooperation between StormGeo and OceanScore is designed to support shipping companies with more connected, transparent and actionable processes across operational and commercial teams.

“From the outside, companies like StormGeo and OceanScore may sometimes be perceived as competitors because both operate around emissions and compliance workflows,” said Albrecht Grell, Managing Director at OceanScore. 

“But in reality, the industry increasingly needs both perspectives working together: trusted operational emissions data on one side and commercial compliance execution on the other. Our cooperation reflects that shipping companies are no longer looking for isolated solutions — they need connected processes, automated across different systems and reliable decision-making throughout the full compliance chain.”

By connecting validated operational emissions data with commercial compliance management, the cooperation supports workflows across:

  • emissions reporting and validation 
  • compliance management across EU ETS, FuelEU Maritime and upcoming UK ETS requirements
  • exposure visibility and cost transparency
  • pooling, settlement and financial processes 

The cooperation also aims to improve commercial transparency and coordination across operational and commercial stakeholders.

“StormGeo plays a central role in helping shipping companies turn operational vessel and emissions data into trusted, decision-ready insights,” said Espen Martinsen, Chief Commercial Officer at StormGeo. 

“As emissions regulations become more complex, this data is essential for transparent and efficient compliance management. By working with OceanScore, we can help customers connect StormGeo’s validated operational data with commercial compliance processes, creating a more integrated and practical approach to emissions management.”

The signing ceremony took place at the StormGeo booth during Posidonia 2026 in Athens and was attended by representatives from both companies.

Both companies expect the cooperation to continue evolving alongside upcoming regulatory developments, including FuelEU Maritime, EU ETS, the upcoming UK ETS and future emissions-related frameworks affecting global shipping.

 

Photo credit: StormGeo
Published: 4 June, 2026

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