MPA mulls more incentives to push LNG fuel adoption
Maritime and Port Authority of Singapore (MPA) is aiming to add further incentives to its Maritime Singapore Green Initiative (MSGI) to further promote the adoption of LNG as fuel.
Speaking during an event in Singapore, MPA’s chief executive Quah Ley Hoon, said that for now, LNG is the only viable solution at scale for the shipping industry.
She noted that Singapore is also LNG bunkering ready.
MPA expects its two LNG bunker tankers to facilitate ship-to-ship LNG bunkering for ocean-going vessels from the third quarter of 2020 onwards.
The two LNG bunker supplier licenses, FueLNG and Pavilion, have performed more than 150 truck-to-ship LNG bunkering operations. Singapore also performed the first ship-to-ship LNG bunkering of Sleipnir at Sembcorp Marine earlier this July, she noted in her speech.
Quah Ley Hoon added that MPA will continue to work with partners to develop its ecosystem and infrastructure to position itself as a key LNG bunkering hub for the region and the world.
“We expect more LNG vessels to call on our Port. We are preparing for the first simultaneous operations for LNG bunkering and cargo operations next year,” she added.