Newbuilding production is scheduled to start production in September 2022, with units to be delivered from September to December 2023.
Operation is in collaboration with Petronas Marine, Petronas Energy & Gas Trading Sdn Bhd, Petronas Dagangan Berhad, and external partner Sabah Ports.
Group will also be setting up an Industry Consultation and Alignment Panel (iCAP) to solicit inputs in response to the recommendations from the study.
Newbuilding will be embarking on maiden voyage to Europe where she will be stationed at the HIGAS LNG Terminal in the Mediterranean.
‘Malaysia is a significant LNG bunkering hub, with over 100,000 vessels passing through the Malacca Strait each year,' says spokesman of LNG Marine Sdn Bhd.
Under the MOU framework, both organisations will establish a collaborative process dedicated to R&D, knowledge sharing and business collaboration.
“Smart”, “Cyber”, “Welfare”, and “Green” notations will be given to Singapore-registered vessels to enhance their commercial attractiveness.
Programme will have a special emphasis on the potential application of the system for methanol-fuelled Maersk vessels.
‘We are very excited about the acquisition of Marinvest, the world’s pioneer in building and operating eco-friendly methanol-fueled vessels,’ says Founder & CEO of MSEA Group.
“Elbsummer” bunkered with a blend of marine biofuel produced from 100% sustainable feedstock and marine gas oil before it was set to sail to Helsinki, Finland.