The bunkering industry is on the precipice of massive change as the broader maritime industry undergoes decarbonisation. How ready is the bunkering sector for this change, and what do owners and operators need to be on the lookout for when it...
![Vessel bunkering in Singapore port]( "Vessel bunkering in Singapore port")
Singapore tops the rankings for bunker volumes sold with over a third of the global market among the world’s top 17 bunkering destinations last year.
![A rendering of a Maersk methanol-fuelled vessel]( "A rendering of a Maersk methanol-fuelled vessel")
February 2023 was a strong month for newbuild orders of vessels with alternative fuel systems, with methanol-fuelled vessels outnumbering LNG by two-to-one.
Construction has kicked off at the Jiangsu Huadian Ganyu LNG receiving station project in Lianyungang, Jiangsu province, which will build the first LNG terminal in Lianyungang.
Shell Western LNG B.V (Shell) and Hapag-Lloyd signed a multi-year agreement for the supply of LNG to Hapag-Lloyd’s ultra large dual-fuel container vessels of 23,500+ teus.
Drop-in biofuels can be used to reduce emissions from ships today but assurance as to their sourcing and blending remains an issue.
Marine fuel tester VPS is expanding into emissions monitoring and reduction with the acquisition of Emsys Maritime.
Biofuels have the potential to be an economically viable fuel for the maritime industry, but more work is needed to ensure availability and technical compatibility.
A global bunker trader has set out a bleak picture of the long-term implications of the worldwide decarbonisation effort to date.
![Tyler Baron, CEO of Minerva Bunkering, speaking at Fujcon on Tuesday (Peter Shaw-Smith)[6].jpg](https://www.seatrade-maritime.com/sites/seatrade-maritime.com/files/styles/tax_thumbs_standard/public/Tyler%20Baron%20CEO%20of%20Minerva%20Bunkering%20speaking%20at%20Fujcon%20on%20Tuesday%20Peter%20Shaw-Smith6.jpg?itok=Oyn5hhl1 "Tyler Baron, CEO of Minerva Bunkering, speaking at Fujcon on Tuesday (Peter Shaw-Smith)[6].jpg"){kind=small}
