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MPA opens LNG storage licences to grow bunkering services

The Maritime and Port Authority of Singapore (MPA) has announced the opening of applications for licences to operate up to two liquefied natural gas (LNG) Floating Storage Units (FSUs) in Singapore’s anchorages.

This initiative follows the award of eight new LNG bunker supplier licences in July 2026, aiming to bolster the growth of LNG bunkering services and to diversify storage and reloading options.

Existing LNG bunker licensees are eligible to apply, with the option to partner with third-party terminal operators for storage and operational expertise. A significant portion of the FSU’s capacity must be dedicated to LNG bunkering, with a minimum requirement for open-access availability to other suppliers.

Applicants must own or charter an FSU with at least 130,000 m³ storage capacity, registered with the Singapore Registry of Ships, and adhere to MPA’s safety and operational standards. Each licence will be valid for five years.

To align with international shipping’s decarbonisation goals, FSUs must be certified under the International Sustainability and Carbon Certification European Union (ISCC-EU) framework, enabling them to handle bio-LNG and e-LNG. This certification ensures that the infrastructure supports lower-emission LNG alternatives.

MPA will hold a briefing on 4 December 2026 for interested companies, with applications due by 4 February 2027. This move is part of MPA’s broader strategy to position Singapore as a leading global hub for maritime services.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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