Keppel Offshore & Marine (Keppel O&M) via its wholly-owned subsidiary, Keppel Singmarine, has secured a contract with Mitsui & Co (Asia Pacific) Pte Ltd (Mitsui AP) to construct Singapore’s first dual-fuel bunker tanker, to be owned and operated by Sinanju Tankers Holdings Pte Ltd (Sinanju), based mostly on a finance settlement with Mitsui AP.
The tanker is scheduled for supply in 2H 2019. As a part of the contract, Sinanju and Mitsui AP have an choice to order a second comparable tanker to be exercised inside six months from the efficient date of the primary contract.
Sinanju will obtain co-funding of as much as S$2 million to construct the vessel as one of many recipients of the Maritime and Port Authority of Singapore (MPA) LNG bunkering pilot programme (LBPP).
Mr Abu Bakar, Managing Director (Gas & Specialised Vessels), Keppel O&M, mentioned, “We are happy to enter this partnership with Mitsui AP and Sinanju. The dual-fuel bunker tanker would be the third vessel to be constructed by Keppel Singmarine beneath the MPA LBPP and the seventh dual-fuel vessel constructed by Keppel O&M, extending our observe file in LNG-fuelled vessels. With options throughout the LNG worth chain, Keppel O&M is in a robust place to seize alternatives because the business adopts greener options.”
The 7,990 DWT dual-fuel bunker tanker would be the first LNG-fuelled bunkering vessel for Singapore and for Sinanju. Built to the necessities of classification society, Bureau Veritas, the bunker tanker will ship marine fuels to ocean-going vessels inside native port limits.
“Sinanju goals to kick begin a inexperienced initiative for bunker tankers working in Singapore; for our vessels to emit much less air pollution whereas boosting the native use of LNG as a bunker gasoline. We shall be in good stead when embarking in ship-to-ship LNG bunkering as our subsequent milestone,” mentioned Mr Ju Kai Meng, Managing Director of Sinanju Tankers Holdings.
Keppel O&M has developed a collection of options throughout the LNG worth chain. It just lately delivered the world’s first transformed Floating Liquefaction (FLNG) vessel Hilli Episeyo, and is presently constructing two dual-fuel harbour. (Source: Keppel Offshore & Marine – Image: Maritime Singapore)
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