Tag: Singapore

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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X-Press Feeders orders six more methanol-ready boxboats 

X-Press Feeders orders six more methanol-ready boxboats 

October 17, 2024 |

In the Netherlands, Offshore Energy reports Singapore-based X-Press Feeders placed an order for six methanol-ready, scrubber-fitted containerships with Shanghai Waigaoqiao Shipbuilding in China, scheduled for delivery between Q3 2027 and Q4 2028. This latest order is part of X-Press Feeders’ fleet renewal strategy, aimed at enhancing eco-friendly operations. The 11,000 TEU containerships will be equipped […]

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PIL champions LNG and bio-methane for its future fleet

PIL champions LNG and bio-methane for its future fleet

October 17, 2024 |

In the UK, The Loadstar reports at SIBCON, Pacific International Lines announced shifting towards LNG dual-fuel for its upcoming container ships, with a focus on bio-methane as a sustainable energy source. Chia Yujin, PIL’s head of sustainability said, “We all acknowledge that bio-methane is the next step forward. It’s unrealistic to try to liquefy bio-methane […]

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Glander ramps up bio-LNG bunkering as emission rules shake up shipping

Glander ramps up bio-LNG bunkering as emission rules shake up shipping

October 17, 2024 |

In Singapore, Manifold Times reports Glander International Bunkering is expanding its LNG and bio-LNG bunkering infrastructure across Europe and Asia, driven by decarbonization regulations such as the EU Emissions Trading System and the upcoming FuelEU Maritime regulations. Mustafa El Zein, Glander’s New Fuels Advisor, noted that the big test for LNG as a bunker fuel […]

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KPI OceanConnect expands biofuel bunkering to meet FuelEU demand

KPI OceanConnect expands biofuel bunkering to meet FuelEU demand

October 17, 2024 |

In Singapore, Reuters reports KPI OceanConnect, a global marine fuel trading company, announced plans to expand its biofuel bunkering operations from 70 to 120 ports worldwide by January 2025, driven by increasing demand as FuelEU Maritime regulations take effect. Despite the environmental benefits, Jesper Sorensen, KPI OceanConnect’s global head of alternative fuels and carbon markets […]

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Cathay Cargo and DB Schenker sign SAF program collaboration

Cathay Cargo and DB Schenker sign SAF program collaboration

October 10, 2024 |

In Singapore, Cathay Cargo and DB Schenker jointly held a signing ceremony on Tuesday at the airline’s Cathay City headquarters to mark the global forwarder’s membership of the Cathay Corporate Sustainable Aviation Fuel (SAF) Program. The Cathay Corporate SAF Program was established in 2022 to help tackle climate change. It enables members to purchase SAF […]

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Peninsula boosts bunker biz in Middle East, gears up for LNG

Peninsula boosts bunker biz in Middle East, gears up for LNG

October 10, 2024 |

In Singapore, Reuters reports global marine fuel supplier Peninsula is expanding its operations in the Middle East, increasing its presence in conventional bunker fuel markets while also preparing to ramp up the supply of alternative fuels globally. At the Singapore International Bunkering Conference, Kenny MacLean, Peninsula’s chief operating officer, announced the company’s new supply operations […]

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CMA CGM’s fuel fiddle goes LNG while methanol stays in the kettle

CMA CGM’s fuel fiddle goes LNG while methanol stays in the kettle

October 10, 2024 |

In the UK, The Loadstar reports at the Singapore International Bunkering Conference on October 9, CMA CGM’s Vice President of Bunkering and Energy Transition, Farid Trad, announced that the company is focusing on LNG as a preferred transitional fuel due to its scalability and years of use, while still keeping methanol as an option. Trad […]

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