The American Bureau of Shipping (ABS) has been selected to class Singapore’s first LNG bunker barge.
Building work on the 7,500 cubic meters capacity barge is scheduled to start in January 2019 and complete by 3Q 2020. The vessel will be owned and operated by FueLNG, a joint venture between Shell and Keppel Offshore & Marine.
“This project is an important milestone for the region and is a key component of Singapore’s strategy to become the world’s largest bunkering port,” said ABS global gas solutions vice president, Patrick Janssens.
“LNG as fuel has become an increasingly popular option for many shipowners looking to comply with environmental requirements and gain new operational efficiencies. Projects like this are critical to help expand the LNG supply chain and advance adoption of LNG as fuel.”
The project is backed by the Singapore’s Maritime and Port Authority (MPA), which recently granted up to $3 million to FueLNG to build the vessel.
Published: 18 September, 2018
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.