Tag: Singapore

Norway invests $27M in marine energy transition research center in Singapore

Norway invests $27M in marine energy transition research center in Singapore

November 6, 2024 |

In Singapore, FME—research center for environmentally friendly energy—and FME Maritime Energy Transition (MarTrans) is an 8-year collaborative project with 65 partners from the maritime industry and research environment. With total funding from the Research Council of Norway and the industrial partners of over NOK 300 million, this will be one of the world’s largest maritime […]

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DBS provides first green loan to finance biomass power plant in Singapore

DBS provides first green loan to finance biomass power plant in Singapore

November 4, 2024 |

In Singapore, DBS, in partnership with homegrown renewable power generator Rexus Bioenergy, announced the company’s first green loan to finance the construction of a biomass power plant in Jurong. Upon completion in 2H2026, the RExus Waste Wood-to-Energy Plant will also explore the potential of carbon capture technology in advancing Singapore’s net-zero ambitions. DBS acted as […]

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CCS and partners to carry out Singapore’s first long-term B100 biofuel trial

CCS and partners to carry out Singapore’s first long-term B100 biofuel trial

November 1, 2024 |

In the Netherlands, Offshore Energy reported that China Classification Society (CCS), Weichai Singapore, Marine Energy and Sustainability Research Department of Nanyang Technological University (MESD), and Pinnacle Marine have signed a research cooperation agreement to test B100 biofuel for 1,000 hours in Singaporean waters. The four-party agreement for this joint project was signed on October 10, […]

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Singapore surpasses Rotterdam as world’s largest bio-bunkering port

Singapore surpasses Rotterdam as world’s largest bio-bunkering port

October 31, 2024 |

In Singapore, PortNews reports Singapore has surpassed Rotterdam as the world’s largest bio-bunkering port. During Q3, Rotterdam’s biobunker sales dropped by more than 40% compared to Q2 and by a quarter on the year while Singapore jumped by more than a quarter compared to Q2 and more than 67% on the year. A market analyst […]

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Singapore offers big incentives for cleaner ships

Singapore offers big incentives for cleaner ships

October 30, 2024 |

In Singapore, the Maritime and Port Authority of Singapore is updating its Green Ship Program, offering incentives for Singapore-registered vessels using low- and zero-emission fuel technologies, starting January 1, 2025. Ships that adopt zero-emission engines, like hydrogen or electric batteries, will qualify for a 100% waiver on both initial registration fees and annual tonnage tax. […]

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Consortium launched to trial B100 ship in Singapore port waters

Consortium launched to trial B100 ship in Singapore port waters

October 30, 2024 |

In Singapore, China Classification Society (CCS) Singapore Branch signed a four-party research cooperation agreement with Weichai Singapore Pte. Ltd., Marine Energy and Sustainability Research Department of Nanyang Technological University and Pinnacle Marine in Singapore. This project is a B100 biofuel ship power development and joint test, which relies on the ships in Singapore port waters for a 1000-hour continuous operation test of […]

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Singapore steers ahead in biofuel bunkering

Singapore steers ahead in biofuel bunkering

October 26, 2024 |

In Singapore, Ship & Bunker reports, the Port of Singapore has overtaken Rotterdam as the world’s largest biofuel bunker port in the third quarter of this year, driven by a 67.5% rise in sales to 227,000 metric tons, surpassing Rotterdam’s 137,175 metric tons. Ronald Backers, the Port of Rotterdam’s head of liquid bulk business intelligence, […]

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Singapore’s LNG-biofuel price gap shrinks amid oil dip

Singapore’s LNG-biofuel price gap shrinks amid oil dip

October 26, 2024 |

In Singapore, bunker intelligence platform ENGINE reported a shrinking price gap between liquefied natural gas and biofuel blends in Singapore, driven by a sharp drop in Brent crude oil prices. Brent futures fell by $5.98/bbl over the week, easing supply concerns in the Middle East and exerting downward pressure on global fuel benchmarks. The narrowing […]

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Senoko Energy and Gentari ink deal to explore importing hydrogen gas from Malaysia to Singapore

Senoko Energy and Gentari ink deal to explore importing hydrogen gas from Malaysia to Singapore

October 26, 2024 |

In Singapore, The Business Times reported that Senoko Energy signed a memorandum of understanding (MOU) with Gentari, the renewable energy arm of Malaysia’s Petronas, to explore sustainable energy solutions in Singapore using hydrogen gas.  Under the deal, both companies will explore the feasibility of importing hydrogen gas from Malaysia to Singapore through this collaboration. The […]

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Sembcorp and PT PLN EPI to develop green hydrogen production facility in Sumatra

Sembcorp and PT PLN EPI to develop green hydrogen production facility in Sumatra

October 23, 2024 |

In Singapore, Sembcorp Industries (Sembcorp) through its wholly-owned subsidiary, Sembcorp Utilities Pte Ltd, and PT PLN Energi Primer Indonesia (PT PLN EPI), a sub-holding company of PT PLN (Persero), have entered into a joint development agreement (JDA) for a green hydrogen production facility in Sumatra, Indonesia, capable of producing 100,000 metric tons per annum. The […]

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