Singapore Expands LNG Bunkering Licences for Marine Fuel | Mariner News
The Maritime and Port Authority of Singapore (MPA) has announced the opening of applications for additional LNG bunkering licences in the Port of Singapore. This strategic move aims to expand the availability of liquefied natural gas as a vital marine fuel, supporting the global shipping industry’s decarbonisation efforts. Both existing licensees and new entrants are encouraged to apply, reflecting Singapore’s commitment to becoming a leading hub for green maritime solutions.
Enhancing Singapore’s LNG Bunkering Framework
This initiative follows recent updates to Singapore’s LNG bunkering licensing framework, which now encompasses sea-based LNG reloading and the provision of liquefied bio-methane and e-methane. These advancements signify a progressive step towards diversified and sustainable marine fuel options. Successful applicants will need to demonstrate robust end-to-end supply arrangements, from securing LNG supply to safe handling and delivery to vessels in the Port of Singapore.
Key Requirements for Future LNG Bunker Operations
Applicants must own or charter at least one LNG bunker vessel (LBV) registered with the Singapore Registry of Ships for the entire licence period, complying with MPA’s stringent standards. A crucial component of the application process is the submission of a detailed proposal outlining their contributions to international shipping’s decarbonisation goals. This ensures that new licensees align with Singapore’s vision for a greener maritime future and promote sustainability.
This expansion of LNG bunkering licences solidifies Singapore’s role as a proactive leader in fostering sustainable maritime practices. By inviting more players into the market, the MPA aims to enhance competition, drive innovation, and ultimately provide a more resilient and sustainable marine fuel supply chain for the global fleet.
