APM 2024 Interview: Opportunities for Singapore bunkering fleet to decarbonise using electrification technology

APM 2024 Interview: Opportunities for Singapore bunkering fleet to decarbonise using electrification technology

APM 2024 Interview: Opportunities for Singapore bunkering fleet to decarbonise using electrification technology

George Lee, Chief Executive Officer, Sea Forrest, explains the benefits and challenges awaiting Singapore bunker tankers should they choose to use electrification technology for decarbonisation.

MT: What are the opportunities open to Singapore bunker tankers should the fleet choose decarbonisation using electrification technology?

Opportunities for Singapore bunker tankers considering decarbonisation with electrification technology include reduced emissions, operational cost savings, and potential regulatory compliance benefits.

MT: Is the current level of electrification technology enough to be applied to bunker tankers?

The current level of electrification technology holds promise for application in bunker tankers; however, further advancements may be necessary to address scalability and efficiency concerns.

MT:  Which types of electrification technologies can the local bunkering fleet consider and what are their advantages and drawbacks?

Local bunker tanker fleets can consider various electrification technologies, including diesel-electric hybrid propulsion, parallel hybrid propulsion, and marinized energy storage for peak-shaving and alternative power. Each option offers unique advantages such as zero emissions, reduced fuel consumption, and decreased emissions. However, the current limitations include higher initial costs.

MT: Are there any challenges for the electrification of Singapore’s bunkering fleet? How can they be overcome?

Challenges facing the electrification of Singapore’s bunker tanker fleet encompass infrastructure development, limitations in battery technology, and regulatory uncertainties. Overcoming these hurdles will likely require collaborative efforts among stakeholders, investments in infrastructure, and the establishment of clear regulatory frameworks.