Tag: Singapore

ExxonMobil and Shell consortium awarded Singapore CCS development

ExxonMobil and Shell consortium awarded Singapore CCS development

March 11, 2024 |

In Singapore, S-Hub consortium, comprising ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd., is proud to be selected to work with the Government of Singapore as lead developers for a cross-border carbon capture and storage (CCS) project. S-Hub and the Singapore Economic Development Board (EDB) signed a Memorandum of Understanding in December 2023 […]

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Singapore Hydrogen Cooperation Committee actively developing and promiting hydrogen

Singapore Hydrogen Cooperation Committee actively developing and promiting hydrogen

February 26, 2024 |

In Singapore, Singapore Hydrogen Cooperation Committee sees hydrogen fuel playing a potential role in the state’s aviation decarbonization journey.  The working group was formed following the signing of the Cooperation Agreement by Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), and Linde in February 2022. Since then, the committee has examined regional and […]

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Vopak commission 40,000 m3 biofuels terminal in Singapore for blending into marine fuels

Vopak commission 40,000 m3 biofuels terminal in Singapore for blending into marine fuels

February 26, 2024 |

In Singapore, Vopak has successfully commissioned 40,000 cubic meters of capacity at its Sebarok terminal for blending of biofuels into marine fuels. The existing pipeline system was also converted to a dedicated biofuel blending service. The new capacity is underpinned by customer commitment. Vopak’s Sebarok terminal is located close to Singapore’s eastern anchorage, where a large […]

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Vitol Bunkers takes delivery of first specialized biofuel bunker barge in Singapore

Vitol Bunkers takes delivery of first specialized biofuel bunker barge in Singapore

February 22, 2024 |

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 […]

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Singapore launches its Sustainable Air Hub Blueprint

Singapore launches its Sustainable Air Hub Blueprint

February 19, 2024 |

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 […]

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Cathay United Bank closes green trade loan with Apeiron Bioenergy

Cathay United Bank closes green trade loan with Apeiron Bioenergy

February 19, 2024 |

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) […]

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Singapore start-up Green COP to launch pilot biofuels plant with new funding

Singapore start-up Green COP to launch pilot biofuels plant with new funding

February 18, 2024 |

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 […]

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Premiums for B24 marine biofuels soften in Singapore

Premiums for B24 marine biofuels soften in Singapore

February 7, 2024 |

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 […]

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Singapore Islamic Council rules cultivated meat is halal, with caveats

Singapore Islamic Council rules cultivated meat is halal, with caveats

February 5, 2024 |

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 […]

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Evergreen Marine signs MOU with X-Press Feeders to use its new dual fuel green methanol vessels

Evergreen Marine signs MOU with X-Press Feeders to use its new dual fuel green methanol vessels

February 5, 2024 |

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 […]

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