Wednesday, 29 July 2015

Port of Singapore Launches First Request For Proposal for LNG Bunker Supplier Licence

July 29, 2015. 

The Port of Singapore launched today its first Request for Proposal (RFP) for interested parties to apply for the Liquefied Natural Gas (LNG) bunker supplier licence, which would allow the licencee to supply LNG bunker to vessels in the Port of Singapore.

In their submissions to the Maritime and Port Authority of Singapore (MPA), applicants are to propose an end-to-end LNG bunkering supply solution that details, amongst other things, their bunkering supply and delivery model, LNG sources and marketing plans for the sale of LNG to customers in the Port of Singapore.

As part of efforts to develop LNG bunkering, MPA has been collaborating closely with partner agencies, industry stakeholders and technical experts, to develop LNG bunkering standards, procedures and facilities. Last year, MPA announced commencing work on a pilot programme with interested parties of the LNG bunker supply chain to establish operation protocols for LNG bunkering. MPA will also provide funding of up to S$2 million per vessel for up to six LNG-fuelled vessels for the pilot programme.

Successful applicants of the RFP are expected to supply LNG bunker to support the LNG bunkering Pilot Programme that is scheduled to commence in early 2017.

The bunkering industry is an important and integral part of Singapore’s global hub port. With more than 42 million tonnes of bunker sales last year as the world’s top bunkering port, Singapore plays a key role in powering world shipping and promoting the use of cleaner fuels for ship bunkering.

Source: http://themaritimehub.org

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