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BUILDING A NET-ZERO MARITIME WORKFORCE Learn more: www.dnv.com/maritime Opinion LNG’s role in Singapore’s multi-fuel future Decarbonisation Delayed but not forgotten: targeting the Net-Zero Framework Offshore Growth strategies for a booming sector Statistics The revealing data behind Singapore’s success 2026 www.rivieramm.comCONTENTS www.rivieramm.com Published March 2026 Regulars 5 COMMENT 6 SINGAPORE BY THE NUMBERS 64 LAST WORD Regulatory and class perspective 8 DNV’s Antony M. Dsouza on the challenges of training for net zero 11 Balancing compliance with costs 12 ABS is using advanced simulation technology to reduce risks 14 How class involvement supports safety in the development of new OSVs Pathways to decarbonisation 16 How Anglo-Eastern is preparing crews for lower emissions operations 17 Eastaway takes aim at net zero 19 BSM (Singapore)’s Raymond Peter on the need for alternative-fuel training 23 Consensus is the key to net zero, says N2 Tankers’ Madhu Vadakkepat 24 WOMAR’s Manish Jain on the impact of delaying the NZF 26 A look at Singapore’s first fully electric tug Shipping, ports and shipmanagement 28 Singapore’s push for methanol bunkering 31 How OSM Thome’s Lisa Holum is inspiring the next generation of seafarers 32 BLU Maritime Consultancy is optimising the shipboard catering process 34 Gulf Marine’s new supply barge 37 How WSM is retaining and training crew 38 How Energios is supporting wind-assisted shipping 40 Improving conditions to attract a new generation of seafarers 41 The Shipfinex blockchain-based platform has gained in-principle approval Offshore 43 M3 Marine’s Mike Meade explains the promising OSV outlook 44 Seatrium’s 37th FPSO project for Petrobras 47 Marine investor buys stake in Marco Polo Marine 48 Looking beyond Malaysia for offshore contracts www.rivieramm.com Singapore Solutions | 2026 11 8 26CONTENTS Published March 2026 www.rivieramm.com Singapore Solutions | 2026 www.rivieramm.com Subscribe Today Subscribe to Singapore Solutions for insightful reporting, expert commentary and unmatched business intelligence. Sign up by visiting our subscription page, www.rivieramm.com/subscribe Managing Editor: John Snyder t: +1 917 886 5192 e: john.snyder@rivieramm.com Senior Production Editor: Kevin Turner t: +44 20 8370 1737 e: kevin.turner@rivieramm.com Head of Sales – Asia: Kym Tan t: +65 6809 1278 e: kym.tan@rivieramm.com Sales Manager, Asia & Middle East: Rigzin Angdu t: +65 6809 1277 e: rigzin.angdu@rivieramm.com Southeast Asia & Australasia Representative: Kaara Barbour t: +61 414 436 808 e: kaara.barbour@rivieramm.com Senior Creative Manager: Mark Lukmanji t: +44 20 8370 7019 e: mark.lukmanji@rivieramm.com Chairman: John Labdon Managing Director: Steve Labdon Executive Editor & Head of Business Relations: Edwin Lampert Published by: Riviera Maritime Media Ltd Mitre House, 66 Abbey Road Enfield EN1 2QN, UK www.rivieramm.com ISSN 2055-6705 (Print) ISSN 2056-7480 (Online) ©2026 Riviera Maritime Media Ltd Disclaimer: Although every effort has been made to ensure that the information in this publication is correct, the Author and Publisher accept no liability to any party for any inaccuracies that may occur. Any third party material included with the publication is supplied in good faith and the Publisher accepts no liability in respect of content. All rights reserved. No part of this publication may be reproduced, reprinted or stored in any electronic medium or transmitted in any form or by any means without prior written permission of the copyright owner. 47 50 Shipbuilding, conversion and repair 50 How the growing Penguin fleet is addressing decarbonisation Technology, equipment and services 53 Nippon Paint Marine discuss the importance of hull coatings 54 How Mintra is helping close the maritime competence gap 56 Optimising fuel consumption with Aquametro 57 Avoiding hardware issues with CetaFuel’s FMS 59 Why owners are reluctant to scrap aging assets 60 The Twenty4X comprehensive fleet management system 62 Spares on tap with on-demand manufacturingMeasure & optimize fuel pe ormance on any type of vessel www.aquametro.com Aquametro Oil & Marine (S.E.A.) Pte. Ltd. 61 Ubi Ave 1 #05-11 , UB Point 408941 Singapore P +65 6899 1980 sales.asia@aquametro-oil-marine.com.sg #MEASUREMENT CONTOIL®/DOMINO® flowmeters AOM Coriolis meters Viscositysensor Sha Power Meter (SPM) #MANAGEMENT & TREATMENT Viscosity control system GreenBLEND blending/switching unit Homogenizer #PERFORMANCE MONITORING Fuel Pe ormance System (FPS) / Remote Monitoring System (RMS) F i t f o r a l t e r n a t i v e f u e l s Own the fl ownoatummaritime.com Every Service, Every Sea We Take You Further •Drydocking & Shipbuilding •Offshore & Subsea •Marine Services & Public Water Transportation •Agency & Maritime Services •Shipping #EnablingTrade #WeTakeYouFurther www.rivieramm.com Singapore Solutions | 2026 John Snyder Managing Editor Singapore doubles down on LNG, but eyes multi-fuel future “ LNG provides the flexibility of gas supply to secure energy security” lifecycle greenhouse gas emissions, such as liquefied bio-methane and e-methane. Additionally, they will be required to monitor and mitigate methane slip from their LNG bunker vessels. This year, almost 1,000 LNG-fuelled ships will be in operation, jumping to more than 1,400 by 2028, according to DNV Alternative Fuels Insight. MPA is requiring all new harbour craft to be fully electric, capable of using B100 biofuels, or be compatible with net- zero fuels by 2030. There are currently about 1,600 diesel-powered harbour craft operating in the city-state’s port. This year also saw the first three methanol bunkering licenses issued by MPA, with one of the recipients, Golden Island, completing the first green methanol bunkering at the port on the dry bulk cargo vessel Brave Pioneer. Upon delivery of the ship into its fleet, Bernhard Schulte Management managing director, Firoze Mirza, said: “Our role as shipmanager is to ensure they can be operated safely, reliably, and at scale.” But handling alternatives and operating dual-fuel engine technology requires advanced training. Like BSM, many of the shipmanagers we spoke to in Singapore know a ship’s best safety system – particularly with the rapid change in regulations and influx of new engines, fuels and digitalisation – is its well-trained crew. They are training cadets and upskilling their crews with specialised LNG, methanol and ammonia training curricula to support their fluency and familiarity with new fuels and technologies. The regulatory, operational, technical and commercial pressures on seafarers have never been greater and their value should never be overlooked. SS A s the world’s largest bunkering hub and container transhipment centre, Singapore is at the epicentre of shipping’s efforts to lower CO2 and greenhouse gas (GHG) emissions. While the IMO Net-Zero Framework may have been dealt a setback, with adoption no longer a certainty, the city-state is moving ahead with its own ambitions for net zero by 2050. Those net-zero ambitions, however, do not preclude the use and supply of fossil fuels – far from it. Singapore is taking a pragmatic approach to lowering its emissions, securing its own energy security and aligning itself to be a major supplier of fuel and energy to shipping and the region for years to come. This means adding the country’s first floating storage and regasification unit (FSRU) to boost the supply of LNG. Singapore LNG chief executive, Leong Wei Hung, said the FSRU “underscores the importance of LNG in Singapore’s energy mix.” Like many of its neighbours, Singapore depends heavily on fossil fuels; it produces about 95% of its power from imported natural gas. LNG provides the flexibility of gas supply to secure its energy security. With more LNG-fuelled ships entering service, the Maritime and Port Authority of Singapore (MPA) issued a call for applications for additional LNG bunkering licenses. With LNG jumping almost 24% to record highs in 2025 and just three companies licensed, the move by MPA should boost capacity of the fuel in the port. But MPA and Singapore still have their eye on the future. Those that are applying for licenses to supply LNG, also must detail how they would supply lower COMMENT | 5Singapore by the numbers Named as the world’s leading container port in the inaugural DNV-Menon Leading Ports of the World report, Singapore had a banner year in 2025. Annually the world’s largest bunker port and major transhipment hub, Singapore posted records for tonnage, TEUs and bunker sales in 2025. Sales of alternative fuels - biofuels, LNG and methanol - all showed significant growth. (source: Maritime and Port Authority of Singapore) KEY PORT STATISTICS FOR 2025 3,220.32 Vessel arrivals (millions of GT) (Growth y-o-y: 3.5%) 131,821 Vessel arrivals (Growth y-o-y: 4.7%) 614.34 Cargo throughput (millions of tonnes) (Growth y-o-y: -1.4%) 56.77 Total bunker sales (millions of tonnes) (Growth y-o-y: 3.4%) 44.66 Container throughput (millions of TEUs) (Growth y-o-y: 8.6%) BUNKER SALES BREAKDOWN FOR 2025 Growth y-o-y (in thousands of tonnes) 56,775Total bunker sales3.4% Conventional fuel sales54,8224.6% Biofuel sales1,37956.2% LNG sales57123.9% Methanol sales3.087.5% Next >