The Marine Selena arrived Singapore on Tuesday morning and is scheduled to start bunkering operations in early January 2018.
The Committee for Aegean Accountability expressed ‘severe concerns’ regarding shareholder value destruction caused by poor financial and operational management.
The operation will be managed by German subsidiary, OBAST Bunkering & Trading in partnership with UTG - Unabhängige Tanklogistik.
The vessel design, unveiled during a technology briefing session, is available in 180,000 dwt and 250,000 dwt versions.
The Singapore-based LNG company will be offering bunkers to the dual fuel LNG harbour tugs of PSA Marine.
An initial $190 million worth of credit extended to six major firms, according to document obtained by Manifold Times.
Bunkering, fuel consumption and emission monitoring systems are part of the technology suite developed by Singapore-based Ascenz.
“PSA Marine is excited to be one of the pioneers in Singapore to own and operate dual fuel LNG harbour tugs,’ says Managing Director of PSA...
MPA injects additional SGD$12 million in funding programmes to promote local adoption of LNG as a marine fuel.
Harmonisation of measurement method along the supply chain will lead to a fair trade, says company spokesman.
