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LNG Bunkering

AET names twin LNG dual fuelled DP shuttle tankers at ceremony

Eagle Blane and Eagle Balder will serve Norwegian energy company Equinor on long-term charter operations.

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Petroleum tanker owner and operator AET on Wednesday (16 October) named two of its newest vessels, the world’s first LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs), Eagle Blane and Eagle Balder.

The 123,100 dwt LNG Dual-Fuel DPSTs were unveiled at a naming ceremony held at the Samsung Heavy Industries (SHI) Geoje Shipyard, South Korea.

The vessels will serve Norwegian energy company Equinor on long-term charter for operations both in oilfields on the Norwegian Continental Shelf of the North Sea, Norwegian Sea and the southern Barents Sea, as well as on the UK Continental Shelf.

Powered using LNG as the primary fuel, the LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs) will also capture 100% of Volatile Organic Compounds (VOC) emissions from their crude oil cargoes during loading and voyage for reuse as a supplementary fuel.

A more efficient dynamic positioning system combined with the LNG Dual-Fuel and VOC Recovery Systems features allow these vessels to save up to an estimated 3,000 metric tonnes (mt) of fuel per year compared with conventional DPSTs of the same size.

The vessels have been constructed by Samsung Heavy Industries (SHI), for AET Sea Shuttle AS (AETSS), a joint venture between Norwegian shipping company ADS Shipping and AET Tankers headquartered in Singapore, as the owner and commercial operator of the vessels.

Project management for the newbuilds was provided by MISC Group’s marine services arm Eaglestar and Norwegian third-party ship management company, OSM Maritime.

“These vessels are proof that environmental sustainability and commercial viability can coexist, and are also testament to the fact that operational performance does not have to be sacrificed in the pursuit of reducing emissions,” said Capt. Rajalingam Subramaniam, AET President & CEO and Chairman of AETSS.

“The goal was always to leverage our combined experience of AET, ADS and SHI to develop vessels that really push the boundaries in what is possible in North Sea dynamic positioning operations, and to prove the value of LNG Dual-Fuel solutions in the energy shipping segment.”  

Commenting at the naming ceremony, Lady Sponsor, Ann-Elisabeth Serck-Hanssen, Senior Vice President for Asset Management in Marketing, Midstream and Processing, Equinor, said:

“Taking these vessels on a long-term contract will further enhance our ability to provide safe, efficient and cost competitive energy for our customers, and we are proud to play our part in what is an important step forward in the development of more sustainable energy shipping solutions.”

Eagle Blane and Eagle Balder have surpassed our expectations, and vessels will provide Equinor with even greater operational flexibility and control and set a new benchmark for shuttle tanking operations,” commented ADS Shipping Chairman, Bjørn Tore Larsen.

“We look forward to the next stage when these ships begin their work, in our further strengthening of the relationship between Equinor, AET and ADS. Our sister company, OSM Maritime are looking forward to managing these vessels from their OSM Ship Management office in Arendal, Norway.”

Yee Yang Chien, MISC President/Group CEO and AET Chairman added: “As partners in this venture, we all shared an aspiration to significantly reduce the environmental footprint of our supply chains while ensuring stable and reliable access to energy now and into the future. We are confident that these LNG Dual-Fuel Shuttle Tankers will be the first of many more used by the offshore industry, and I must thank everyone involved for helping to bring this project to life.”

Photo credit: AET
Published: 17 October, 2019

 

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

B100 discount to LSMGO widens to $541/mt in Rotterdam; Singapore’s B100 drops to $106/mt below LSMGO; Rotterdam LBM at $639-833/mt discounts to LSMGO.

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ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

20 July 2026

  • B100 discount to LSMGO widens to $541/mt in Rotterdam
  • Singapore’s B100 drops to $106/mt below LSMGO
  • Rotterdam LBM at $639-833/mt discounts to LSMGO

B100’s premium over HSFO in Rotterdam has narrowed by $50/mt over the past week to $64/mt, while its discount to VLSFO has widened by $83/mt to $105/mt.

B100 has become far more competitive against LSMGO in Rotterdam, with its discount widening by $180/mt over the past week to $541/mt, as a surge in conventional fuel prices left B100 broadly unchanged by comparison.

B100’s price has risen by $109/mt in Singapore, but its discount to LSMGO has still widened by $102/mt to $106/mt, as LSMGO surged by an even greater $211/mt.

Rotterdam’s LNG premium over VLSFO has widened by $35/mt to $201/mt for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, LNG has flipped to a $15/mt premium over VLSFO, from a $22/mt discount the prior week.

Liquefied biomethane (LBM) discounts to VLSFO in Rotterdam have narrowed by $50-52/mt to $203-396/mt over the past week. Against LSMGO, LBM discounts have widened by $45-47/mt to $639-833/mt, depending on engine type.

In Singapore, LNG is now $42/mt cheaper than LSMGO for vessels with Otto MS engines, and $134/mt cheaper for vessels with diesel SS engines.

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Liquid fuels

HSFO and VLSFO prices in Rotterdam have jumped by $66/mt and $99/mt respectively over the past week, while LSMGO has surged by an even steeper $196/mt. A $9.69/bbl ($71/mt) rise in front-month ICE Brent futures, to $87.94/bbl ($645/mt), drove bunker prices sharply higher across the board.

Bunker fuel availability is tight for prompt delivery dates in the ARA ports, with buyers advised to enquire about stems between 5-7 days ahead to get good coverage, a trader said.

Rotterdam’s B100 price has risen by $16/mt over the past week. Dutch ZRE A ticket prices were unchanged at €107.50/mtCO2e.

Singapore’s HSFO and VLSFO prices have risen by $130/mt and $132/mt respectively, while its LSMGO price has gained an even steeper $211/mt over the past week.

VLSFO availability in Singapore has been tight, with several suppliers reporting low stock levels. Recommended lead times have widened from 13–17 days last week to 14–19 days now.

Liquid gases

Rotterdam’s LNG prices have surged by $134-136/mt over the past week, while its LBM prices have climbed by $149-151/mt.

LBM discounts to LNG in Rotterdam have narrowed by $15/mt to $404-411/mt.

Singapore’s LNG bunker benchmarks have surged by $196-197/mt over the past week.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 21 July, 2026

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