Singapore | October 31, 2025 – In a significant boost to the maritime industry’s decarbonization efforts, MM Marine Inc., in collaboration with its parent company Minerva Bunkering, has been officially recognized for its commitment to environmental stewardship. The companies were named recipients of the prestigious Green Ship Award 2025 during the Singapore Registered Ships (SRS) Forum.
The award, presented by the Maritime and Port Authority of Singapore (MPA), highlights the industry-leading performance of two specific vessels in MM Marine’s fleet: the Amalthea and the Titania.
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Leading the Charge in Sustainable Bunkering
The recognition of the Amalthea and Titania is a direct result of their advanced technical specifications designed to minimize environmental impact.
- The Amalthea: Recently deployed to support Minerva’s operations in the critical Singapore market, the Amalthea is an 8,000 dwt LNG dual-fuel bunker tanker. Powered by twin Yanmar LNG dual-fuel engines, the vessel significantly reduces sulfur oxides SOx, nitrogen oxides NOx, and particulate matter compared to traditional fuel-only vessels.
- Operational Excellence: Both vessels represent a new generation of bunkering infrastructure, integrating high-specification technology to ensure safety and efficiency while meeting the rigorous “Green Ship” criteria set by the MPA.
The Green Ship Award is a component of the Maritime Singapore Green Initiative. To qualify, a vessel must exceed the International Maritime Organization’s (IMO) Energy Efficiency Design Index (EEDI) Phase 3 requirements by 10% or more, or adopt engines capable of running on low-carbon fuels.
A Strategic Milestone for MM Marine and Minerva Bunkering
MM Marine operates one of the world’s most modern and technologically advanced fleets of tankers, ranging from small inland barges to large Suezmax vessels. As a subsidiary of Minerva Bunkering, itself a part of the global Mercuria Energy Group, MM Marine is positioned at the forefront of the global energy transition.
“Achieving this honor reinforces our commitment to innovation, sustainability, and operational excellence in the maritime sector,” the company stated. “We’re proud to play our part in building a greener, more responsible future for global shipping.”
Minerva Bunkering’s CEO, Tyler Baron, has previously emphasized the importance of high-specification tankers like the Amalthea in providing cleaner, more efficient bunkering services in the world’s busiest ports.
The SRS Forum serves as a vital platform for the MPA to champion sustainability and safety within the Singapore Registry of Ships, which remains one of the largest and youngest registries globally. By incentivizing the adoption of green technology through awards and fee concessions, Singapore continues to lead the way toward the IMO’s goal of net-zero emissions by 2050.
For the bunkering sector, the success of MM Marine and Minerva Bunkering serves as a blueprint for how physical suppliers can integrate sustainable assets into their core operations to meet the evolving demands of global shipowners.
Minerva Bunkering: Global Scale and Integrated Strength
Minerva Bunkering is the world’s largest physical supplier of marine fuels and a 100% owned subsidiary of the Mercuria Energy Group, one of the planet’s top three commodity trading firms. With a massive annual delivery capacity of 25 million metric tonnes, Minerva operates an extensive integrated supply chain that ensures fuel quality and provenance from the “refinery gate to the ship flange.” The company maintains a physical presence in over 30 locations and trades in 150 ports globally, supported by a fleet of more than 44 modern, double-hulled vessels and 1.9 million cbm of dedicated storage capacity.
About MM Marine Inc.
MM Marine is a specialized shipping and fleet management subsidiary of Minerva Bunkering, which is part of the global Mercuria Energy Group. Operating one of the world’s largest and most modern fleets of high-specification bunkering tankers, the company manages a diverse range of vessels from small inland barges to large ocean-going Suezmax tankers. Headquartered in Athens, Greece, MM Marine provides comprehensive physical bunkering and cargo transportation services, underpinned by an integrated ship management organization that handles everything from crewing and safety to technical maintenance and chartering.
Source: MM Marine Inc