Singapore Seeks Methanol Suppliers for Marine Bunker Fuel



The Maritime and Port Authority of Singapore (MPA) has recently called for proposals to supply methanol as a marine bunker fuel in the Port of Singapore from 2025. This move aims to ensure a resilient supply of methanol to meet the growing demand for international bunkering services, considering the expected arrival of methanol-capable vessels in the coming years. With a focus on developing a methanol licensing framework, the MPA is taking an important step towards enabling the widespread use of methanol as a marine fuel in Singapore.


Ensuring a Resilient Supply

Recognizing the need to secure a reliable and sustainable source of methanol, the MPA's call for proposals seeks to identify potential suppliers who can meet the bunkering needs of the Port of Singapore. By diversifying the fuel options available, Singapore aims to enhance its position as a leading bunkering hub and support the maritime industry's transition towards cleaner energy alternatives.


Submission Details

Interested parties are invited to submit their proposals by February 29, 2024. These proposals should address key aspects such as methanol supply sources, the commercial-scale bunkering operation model, and the physical transfer methods for methanol. By carefully evaluating these proposals, the MPA aims to select suppliers who can offer a comprehensive and efficient solution for methanol bunkering in Singapore.


A Step Towards Methanol Licensing Framework

The launch of this expression of interest (EOI) marks a significant milestone in the development of a methanol licensing framework in the Port of Singapore. By establishing such a framework, the MPA intends to facilitate the seamless integration of methanol as a marine bunker fuel. This will not only ensure a smooth transition for ship operators but also provide a clear regulatory framework that promotes safety, quality, and environmental sustainability.


Bio-Methanol Refuelling Operation

Singapore has already taken strides towards adopting cleaner fuels in its bunkering operations. In July this year, the port conducted its first bio-methanol refuelling operation for a Maersk boxship. This successful endeavor showcased Singapore's commitment to exploring sustainable alternatives and set the stage for further advancements in the use of methanol as a marine fuel.


Maple: Singapore's Dedicated Methanol Bunkering Tanker

To support the growing demand for methanol bunkering services, Singapore is set to welcome its first dedicated methanol bunkering tanker, Maple. Recently delivered in Japan to Stellar Shipmanagement Services, a subsidiary of Global Energy Group (GEG), Maple is expected to join GEG's trading arm's fleet by the end of 2023. This state-of-the-art vessel will play a crucial role in expanding Singapore's methanol bunkering capabilities and further solidify its position as a global leader in sustainable maritime solutions.


Summary

Singapore's call for proposals to supply methanol as a marine bunker fuel demonstrates its commitment to embracing cleaner energy alternatives and ensuring a resilient supply chain for the maritime industry. By developing a methanol licensing framework and actively exploring sustainable options, Singapore aims to position itself at the forefront of the global transition towards greener shipping practices. As the Port of Singapore continues to evolve, these proactive measures will not only benefit the environment but also contribute to the long-term sustainability and competitiveness of the maritime sector.


(This article is sourced from Splash247.com and curated by Thetransporteronline24)

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