A bird's-eye view of ships along the coast in Singapore July 9, 2017. REUTERS/Jorge Silva/File Photo
SINGAPORE, Dec 14 (Reuters) – Singapore’s Maritime and Port Authority (MPA) said on Thursday it was seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025.
The call emerged ahead of an expected uptick in methanol-powered ships, as companies ramped up orders of such vessels amid plans to cut carbon emissions with cleaner fuels.
The proposals have to look into methanol supply sources, the bunkering operation model at a commercial scale and ways to physically transfer methanol.
The move is aimed at scaling up methanol bunker supply at Singapore, said MPA Chief Executive Teo Eng Dih, adding that the port authority would also develop a methanol bunkering licensing framework.
Proposals are to be submitted by Feb. 29, 2024, 15:00 Singapore time.
Singapore, which is the world’s largest bunkering hub, conducted its first bio-methanol refuelling operation for a Maersk ship in July this year.
Interest in methanol bunkering has grown as the shipping industry works towards carbon emission targets, with major shipowners and ports stepping up methanol bunkering-related projects globally.
(Reporting by Jeslyn Lerh; Editing by Rashmi Aich)
(c) Copyright Thomson Reuters 2023.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,649 members that receive our newsletter.
Have a news tip? Let us know.
In a significant step to expand Russia’s domestic shipbuilding portfolio the Zvezda shipyard has completed work on its first LNG vessel. Ice-capable gas carrier Aleksey Kosygin departed from the yard near Vladivostok for sea trials on December 25.
Israel has instructed its diplomatic missions in Europe to try to get the Iran-backed Houthi rebel group in Yemen designated as a terrorist organization.
Australian importers are facing unprecedented challenges in container shipping, with some paying up to eleven times more for ocean freight compared to previous years, according to a new report from...
Maritime and offshore news trusted by our 109,649 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
