According to The Medi Telegraph report, Singapore is pushing the shipping industry to use cleaner fuels such as liquefied natural gas.
Introduction of incentives
The Maritime and Port Authority’s (MPA) chief said in a bid to reduce the city state’s carbon emissions, Singapore is pushing the shipping industry to use cleaner fuels such as liquefied natural gas (LNG).
MPA Chief Executive Officer Quah Ley Hoon said in a speech at an industry event that the country is introducing incentives for ships
- to install engines that use alternative fuels with lower carbon content such as LNG, and
- to use LNG bunker during port stay.
An MPA spokesman said incentives will include concessions on certain fees such
- as port dues,
- initial registration fees and
- tax.
Singapore is the world’s largest marine refueling, or bunkering, hub.
LNG the cleaner fuel
“LNG is a cleaner and greener fuel and it is the only viable solution that is available at scale to the shipping industry (to reduce carbon emissions), so we will give it a bigger push,” she said.
Apart from some cruise liners, not many ships currently use LNG.
IMO’s long term goal
The International Maritime Organization (IMO) has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050.
New IMO rules that come into effect next year only limit sulfur content in marine fuels.
MPA’s initiatives
The MPA has co-funded building of two LNG bunker tankers in Singapore to facilitate ship-to-ship LNG bunkering for ocean going vessels from the third quarter of next year.
It has also awarded bunker supplier licenses to FueLNG and Pavilion Energy, which have performed 150 truck-to-ship LNG bunkering operations so far.
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Source: The Medi Telegraph
