Singaporean authorities are taking measures to ensure the availability of low-sulfur marine fuels ahead of upcoming emissions regulations in 2020, Lam Pin Min, senior minister of state for transportation and health, said on Wednesday (03/10). (Reuters Photo/Darren Whiteside)
Singapore Bunkering Hub Ready for IMO 2020, Expands LNG Bunkering Group: Minister
BY :ROSLAN KHASAWNEH
OCTOBER 04, 2018
Singapore. Singaporean authorities are taking measures to ensure the availability of low-sulfur marine fuels ahead of upcoming emissions regulations in 2020, Lam Pin Min, senior minister of state for transportation and health, said on Wednesday (03/10).
"[The] MPA is working closely with the industry to ensure that Singapore is ready to supply low-sulfur compliant fuels ahead of 1 January, 2020," Lam said at the Singapore International Bunkering Conference and Exhibition, referring to the Maritime and Port Authority of Singapore.
The MPA will make available a list of licensed bunker suppliers of low-sulfur fuels by mid-2019, Lam said.
Singapore is the the world's largest marine refueling, or bunkering, hub.
The International Maritime Organization is introducing new rules on marine fuels from 2020, limiting the sulfur content to 0.5 percent, from 3.5 percent currently, to curb pollution produced by the world's ships.
Singapore is also continuing to promote the use of cleaner-burning liquefied natural gas as a marine fuel, also called bunkers, at home and abroad.
The MPA also announced on Wednesday that the Suez Canal Economic Zone Authority has joined the LNG Bunkering Port Focus Group, the first Middle Eastern port to do so, in an effort to strengthen LNG-bunkering capabilities across key global ports.
"The growing membership will strengthen the global network of LNG bunkering facilities and give shipping lines more confidence to invest in LNG-fueled vessels," Lam said.
The working group was first formed by port authorities in Singapore, Belgium and the Netherlands in 2014 and is now comprised of 12 ports across Asia, the Middle East, Europe and North America.
Using LNG to power ships instead of fuel oil or marine gasoil can reduce emissions of the pollutants nitrogen oxide and sulfur oxide by 90 percent to 95 percent.
Singapore had record bunker fuel sales in 2017 of more than 50.6 million metric tons.