In Singapore, Vitol Bunkers has taken delivery of the “Marine Future”, its first specialized bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and […]
In Singapore, the Singapore Sustainable Air Hub Blueprint was launched Monday by Chee Hong Tat, Minister for Transport and Second Minister for Finance, at the Changi Aviation Summit. The Blueprint, which was developed by the Civil Aviation Authority of Singapore (CAAS) in consultation with industry and other stakeholders, sets out Singapore’s action plan for the […]
In Singapore, Cathay United Bank (CUB) Singapore Branch saw its long-term commitment to green finance bear fruit in the final quarter last year after it closed a green trade loan deal with Apeiron Bioenergy (Apeiron), a leading player in Singapore’s sustainable energy sector. The entire loan proceeds will support Apeiron’s procurement of used cooking oil (UCO) […]
In Singapore, Manifold Times reported that Green COP, a deep-tech start-up in sustainable fuel solutions in Singapore, announced the successful conclusion of its angel investment round. With the newly acquired funds, Green COP is poised to establish a sustainable biofuels pilot plant with a daily production capacity of 1 ton. The company has garnered substantial […]
In Singapore, Reuters reports premiums for B24 benchmark marine biofuel have softened in Singapore as feedstock prices fall together with stronger underlying fossil-based marine fuels due to Red Sea disruptions, while tepid demand has failed to keep the premium higher. The premium was as high as $200 per metric ton in Q3 2023 but has […]
In Singapore, Islamic scholars have declared cultivated meat halal if the cell lines come from species Muslims are permitted to eat, such as chicken or beef. Pork remained off-limits, according to the ruling, which also states all ingredients in the final product must also be halal and the product is clean and non-toxic. According to […]
In Singapore, Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within Europe. As one of the […]
In the Netherlands, Offshore Energy reported that Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tons last year, which more than tripled from 140,000 tons in 2022. This was revealed at the Singapore Maritime Foundation (SMF) New Year Conversations event held last week. […]
In Singapore, Ocean Network Express Pte. Ltd. (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol dual-fuel container ships. Each shipyard will build six vessels and are all scheduled to be delivered from 2027. This significant milestone represents ONE’s inaugural fleet of methanol-dual […]
In Singapore, Marine Link reported that Singapore’s Maritime and Port Authority (MPA) said it was seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025. The proposals have to look into methanol supply sources, the bunkering operation model at a commercial scale and ways to physically transfer methanol, according […]
