In Singapore, The Maritime and Port Authority of Singapore announced revisions to its Maritime Singapore Green Initiative, enhancing incentives for ocean-going vessels using clean fuels and technologies. Effective January 1, 2025, the Green Port Programme will merge with the enhanced Green Ship Programme, providing stronger financial incentives for ships adopting eco-friendly operations. Under the new […]
In Greece, Safety4Sea reports Hafnia, in partnership with joint-venture Socatra, announced the first of four 49,800 dwt dual-fuel methanol Medium-Range tankers will be delivered in January 2025 following construction and sea trials at Guangzhou Shipyard International in China. The vessels, capable of running on both methanol and conventional fuels, are designed to support the transition […]
In Singapore, ENGINE Online reports biofuel adoption across the Americas is languishing despite offerings from major suppliers and localized initiatives. In Houston, biofuel like B30-VLSFO costs $792 per metric ton, a stark contrast to the $696 in Rotterdam and $660 in Singapore, where proximity to cheaper Chinese used cooking oil reduces costs. Shell and Stone […]
In Singapore, Manifold Times reports last week in Singapore, the delivered price for 100% used cooking oil methyl ester biofuel significantly exceeded its estimated cargo price. The FOB price for UCOME from China was recorded between $1,000 and $1,015 per metric ton by PRIMA Markets. However, the delivered price in Singapore was quoted at $1,290 […]
In Singapore, BE C&I Solutions Holding Pte. Ltd. (“BECIS”) announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services. Operating across eight strategic markets—India, Thailand, Indonesia, Vietnam, Philippines, Malaysia, China, and Cambodia—BECIS specialises in a variety of decarbonisation solutions, which […]
In Singapore, the shipping sector is increasingly using biofuels, such as Fatty Acid Methyl Esters (FAME), to reduce its GHG emissions. However, concerns have arisen regarding the legitimacy of biofuels and whether they are truly sustainable. Industry bodies are seeing a rising number of cases mislabelling biofuels purported to be made from recycled oils and […]
In New York, MarineLink reports the Global Centre for Maritime Decarbonization unveiled a groundbreaking method that identifies the feedstock origins of Fatty Acid Methyl Esters biofuels within an hour, offering a solution to rising fraud concerns in marine fuel supply chains. This technique creates a unique “fingerprint” for FAME biofuels based on their fatty acid […]
In Singapore on November 28, Maersk held a naming ceremony for its latest dual-fuel methanol container vessel, the A.P. Møller marking the ship’s maiden voyage from Asia to Europe and reaffirming the company’s commitment to sustainable shipping. Named after Arnold Peter Møller, Maersk’s founder, the vessel is the ninth in a planned fleet of 18 […]
In Singapore, UMAMI Bioworks and Steakholder Foods have successfully demonstrated the feasibility of producing 3D-printed cultivated fish products at scalable volumes. The two-year project developed a portfolio of prototype designs for premium cultivated fish fillets, leveraging 3D printing technology to create products that mimic the attributes of various fish species. The work was funded by […]
In the Netherlands, Offshore Energy reported that partners in the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) initiative have concluded a pilot for the bunkering of mass-balanced liquefied bio-methane (LBM). The pilot took place at the Port of Rotterdam on October 19, 2024, when a total of 100 tons of mass-balanced LBM was supplied by […]
