Port of Singapore issues LNG bunkering RFP

JULY 28, 2015 — With more than 42 million tonnes of bunker sales last year, Singapore is the world’s top bunkering port. As part of its efforts to keep that lead, the Port of Singapore today launched its first Request for Proposal (RFP) for interested parties to apply for the Liquefied Natural Gas (LNG) bunker supplier license that would allow the licensee 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.

Interested applicants have until September 2015 to submit their proposals to MPA. The shortlisted proposals will be announced by MPA by end of this year.

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 program 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-fueled vessels for the pilot program.

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

Details of the RFP can be accessed HERE