Eastern Pacific Shipping (EPS) disclosed that alternative fuels accounted for 25% of its overall fuel usage in 2025. The Singapore-headquartered maritime company consumed approximately 340,000 metric tons of liquefied natural gas (LNG) and about 8,000 metric tons of liquefied biomethane (LBM) during the year. Additionally, EPS used around 38,000 metric tons of ethane.
This announcement highlights the increasing adoption of alternative fuels within the shipping industry as companies strive to meet decarbonization targets and comply with evolving environmental regulations. The use of LNG, LPG, ethane, and biofuels represents a strategic move away from traditional heavy fuel oil, aiming to reduce greenhouse gas emissions.
For freight forwarders and shippers, the growing reliance on alternative fuels by major carriers like EPS could have several implications. It may lead to changes in bunkering availability and infrastructure at various ports, potentially affecting routing and transit times. Furthermore, the cost of these alternative fuels, which can be more volatile or subject to different pricing mechanisms than conventional bunkers, could influence freight rates. Forwarders should monitor these developments to anticipate potential impacts on supply chain costs and operational planning.
EPS's continued investment in and utilization of alternative fuels suggests a sustained industry trend towards greener shipping practices, which is likely to accelerate as regulatory pressures intensify.
