Singapore takes measures to ensure a steady supply of methanol bunkers

The Maritime and Port Authority of Singapore (MPA) is looking for proposals for the supply of methanol as a marine bunker fuel in Singapore from 2025. This is to ensure a resilient supply of methanol to meet the international bunkering needs at the port of Singapore.

The deadline for proposals is February 29, 2024, for methanol supply sources at a commercial scale and to find out the ways to physically transfer methanol.

Teo Eng Dih, MPA chief executive stated that the launch of the expression of interest (EOI) is a milestone towards the development of a methanol licensing framework to enable the supply of methanol at scale in the Port of Singapore.

In July 2023, the world’s top bunkering hub carried out its first bio-methanol refuelling operation for a Maersk box ship. Singapore also has worked on its first dedicated methanol bunkering tanker, Maple which was delivered in Japan to Stellar Ship Management Services, a subsidiary of Global Energy Group (GEG).