Singapore Welcomes First Methanol Bunkering Vessel, Pioneering Decarbonization in Maritime Hub

Stellar Shipmanagement and Global Energy Group Lead the Way in Alternative Fuel Bunkering, Setting a New Standard for Sustainable Shipping in Singapore.

SINGAPORE-METHANOL-BUNKERING-VESSEL

Singapore, a global maritime bunkering hub, has achieved a significant milestone in its commitment to serve as a living lab for bunkering alternative fuels with the delivery of its inaugural methanol bunkering vessel. This development is a crucial step in line with the broader maritime industry’s endeavors to drive decarbonization initiatives.

Stellar Shipmanagement Services Pte, a wholly owned subsidiary of Global Energy Group, has successfully received the 4,000 deadweight tonnage (dwt) IMO Type 2 chemical and oil tanker, MT Maple. This vessel, classified by Bureau Veritas, was meticulously constructed by Sasaki Shipbuilding Co., located in Hiroshima, Japan.

Anticipated to integrate into the Global Energy Group fleet by the conclusion of 2023, MT Maple is equipped with cutting-edge features, including twin-screw propulsion, a flow boom, and a mass flow metering system. Moreover, the vessel adheres to the Maritime and Port Authority of Singapore’s (MPA) prevailing licensing requirements for oil product bunker tankers.

MT Maple’s cargo tanks boast a specialized coating of inorganic zinc silicates, ensuring the safe and efficient carriage of methanol, a fuel gaining traction as a low-carbon alternative in the maritime sector.

The construction supervision was conducted by a dedicated team from Stellar Shipmanagement Services, responsible for delivering comprehensive technical management and crewing services for the Global Energy Group’s fleet, which comprises a total of 20 tankers.

Loh Hong Leong, the Managing Director of Global Energy Group, emphasized the pivotal role of IMO Type 2 tankers in accommodating a broader spectrum of marine fuels, particularly biofuels and methanol. This addition, according to Leong, will facilitate trading and supplying two low-carbon transitional marine fuels, thereby supporting the shipping industry’s decarbonization journey.

The significance of Singapore’s first dedicated methanol bunkering vessel was underscored by David Barrow, Vice-President of Marine & Offshore, South Asia and Pacific, Bureau Veritas. Barrow emphasized that the vessel’s capability to deliver methanol to ships calling at Singapore will play a crucial role in developing the industry’s supply and bunkering capabilities, essential for scaling up alternative fuels’ availability.

In response to the growing popularity of methanol as an alternative fuel, a collaborative effort has been initiated. The Maritime & Port Authority of Singapore, together with key stakeholders such as GET, Stellar Shipmanagement, and Bureau Veritas, is spearheading a working group. This group aims to introduce a new bunkering procedure ensuring the safe handling and delivery of methanol as a marine fuel to vessels refueling in the port of Singapore.

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