November 6, 2015 [Ship & Bunker] - The Maritime and Port Authority of Singapore (MPA) is calling on more ports to be preparing for liquefied natural gas (LNG) bunkering, the MPA announced in a statement.
According to CE Andrew Tan, Asia presents a prominent LNG opportunity, given that many of the world’s most important shipping routes travel through the area.
The high costs involved in building or retrofitting LNG-fuelled vessels, and the need for further development of LNG bunkering infrastructure in ports, necessitates governmental intervention to make LNG widely adopted as a marine fuel,” he said.
It was previously reported that Singapore is currently considering granting more than one LNG bunkering licence over the next two years leading up 2017, the date by which the city-state expects to begin offering LNG bunkering.
Article republished with permission from Ship & Bunker.com
