An ammonia bunkering safety study has found that the risks identified for conducting pilot schemes in the Port of Singapore are low or mitigable.

The study was done by the Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and DNV Maritime Advisory, supported by infrastructure consultancy Surbana Jurong and the Singapore Maritime Academy.

It paves the way for a pilot project at three identified sites.

Launching the report on Thursday, GCMD chief executive Professor Lynn Loo said the aim is for the first transfer of ammonia to take place using proxy assets by the end of 2023, subject to obtaining the green light from regulators.