The Marine Vicky is not only environmentally friendly but also cost-efficient. The battery energy system is expected to save the vessel’s owner approximately S$500,000 ($373,000) in fuel costs annually. This is due to the bunker tanker’s ability to operate on battery power alone during its port stay, which typically lasts for two to three hours. The vessel’s battery system also enables it to optimize its engine load and operate at peak efficiency, resulting in further fuel savings.
The Marine Vicky is not the only bunker tanker in Singapore equipped with a battery energy system. The nation’s Maritime and Port Authority (MPA) has given out many subsidies to entice the sector to embrace greener practices. The MPA has awarded Sinanju Tankers a grant of S$2 million ($1.49 million) to upgrade another bunker tanker with a comparable battery energy system.
The MPA has also launched several initiatives to promote the adoption of alternative fuels and technologies in the maritime industry. In 2019, the authority announced a S$100 million ($74.6 million) fund to support the development and adoption of low-carbon maritime technologies. The fund aims to encourage companies to innovate and develop solutions that reduce the industry’s environmental impact.
The adoption of battery energy systems is just one of the many steps that Singapore is taking to achieve its long-term sustainability goals. The country has set a target to reduce its greenhouse gas emissions by 36% from 2005 levels by 2030 and to achieve net-zero emissions as soon as possible after 2050. The maritime industry, which is a significant contributor to Singapore’s economy, must play its part in achieving these goals.
The Marine Vicky is a clear demonstration of Singapore’s commitment to sustainability and innovation. The vessel’s battery energy system sets a new standard for the bunkering industry, showing that it is possible to reduce emissions while maintaining cost efficiency. It is a positive step forward in the industry’s transition towards cleaner and more sustainable solutions.
In conclusion, Singapore’s first bunker tanker equipped with a battery energy system is a significant achievement for the country and the maritime industry. The Marine Vicky is a game-changer, reducing emissions and increasing efficiency while maintaining cost-effectiveness. The vessel is a clear demonstration of Singapore’s commitment to sustainability and innovation and a positive step forward in the industry’s transition towards cleaner and more sustainable solutions. With the support of the government and industry stakeholders, the adoption of battery energy systems and other low-carbon technologies will become increasingly prevalent in the bunkering industry and beyond.
