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 105,943 members that receive our newsletter.
Have a news tip? Let us know.
DUBAI, April 18 (Reuters) – The leader of Yemen’s Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had carried out “operations” in the Indian Ocean...
(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole. Just as one trader begins to...
The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port processed 743,417 TEUs in March,...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,943 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
