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Consort Bunkers ordering up to 20 x IMO Type II bunker tankers in region of USD $350 million

Pearl Legacy, the first of these newbuildings, will be delivered in August and expected to arrive in Singapore around October, SK Yeo, Founder of Consort Bunkers, tells Manifold Times.

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Consort Bunkers ordering up to 20 x IMO Type II bunker tankers in region of USD $350 million

Singapore-based bunker supplier and logistics services provider Consort Bunkers Pte Ltd (Consort) could be investing in up to 20 units of IMO Type II bunkering vessels capable of carrying conventional bunkers, biofuels (of up to B100), as well as methanol, learns Manifold Times.

Consort’s fleet renewal strategy to transition the company into a green and renewable marine fuels supplier formally started in 2023.

In April 2023, we started the first phase of our fleet renewal plan by contracting six ‘L’ series 6,500 dwt IMO Type II bunker tankers with China Merchants Jinling Shipyard (Nanjing) Co., Ltd.,” Mr SK Yeo, Founder of Consort Bunkers, told the bunkering publication.

“We further exercised the option in January 2024 to increase the number of newbuild ‘L’ series 6,500 dwt IMO Type II bunker tankers from six to nine ships.”

He highlighted Pearl Legacy [pictured], the first of these newbuildings, will be delivered to Consort in August; the vessel is expected to arrive in Singapore around October to start bunkering operations.

In July 2024, Consort activated the second phase of its fleet renewal operation by placing an order to COSCO SHIPPING Heavy Industry (Guangdong) Co.,Ltd. for four newbuild ‘O’ series 7,999 dwt IMO Type II bunker tankers.

To date, the firm’s committed orders at both shipyards totals 13 IMO Type II bunkering tankers with delivery by end of 2026.

Consort retains the option to exercise additional bunker tankers and if activated, Consort’s newbuilding order for IMO Type II bunker tankers will increase to 20 units with delivery extended a year to 2027.

“These ships are going to be deployed within the Singapore, United Arab Emirates (UAE), and Europe regions as bunkering vessels when delivered,” Mr Yeo informed.

“The bigger picture is for the company to endeavour to move forward and get ourselves prepared for methanol bunkering which will take place in the future.

“But before this development becomes mainstream, these vessels will still support both conventional marine fuel and biofuel bunkering operations.”

Related: Singapore-based Consort Bunkers, ClassNK and partners team up on multi-fuel bunkering ships
Related: Consort Bunkers receives “Pearl Khaoyai”, prepares for IMO 2030/2050 with IMO Type 2 bunker tanker orders

 

Photo credit: Consort Bunkers
Published: 8 July 2024

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Alternative Fuels

Singapore-based Golden Island, Qingdao Port team up on alternative bunker fuels

Agreement covers green methanol, green ammonia and bio-LNG, with cooperation spanning fuel production and transportation through to storage, sales and bunkering.

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Golden Island, Qingdao Port team up on green methanol, ammonia and bio-LNG

Singapore bunker supplier Golden Island Pte Ltd on Monday (21 September) said it has signed a strategic framework agreement with Qingdao Port International Co Ltd to collaborate on the supply of alternative marine fuels.

The agreement covers green methanol, green ammonia and bio-LNG, with cooperation spanning fuel production and transportation through to storage, sales and bunkering.

“By combining our MPA-licensed bunkering capabilities with Qingdao Port’s incredible logistics and strategic hub position, we are building something truly robust for the global shipping industry’s low-carbon future,” the company said in a statement. 

Qingdao Port International, which operates five major port areas in China, will bring its logistics network, storage facilities and customs clearance capabilities to the partnership.

Golden Island is licensed by the Maritime and Port Authority of Singapore (MPA) to conduct methanol bunkering and is ISCC EU-certified.

The companies are also engaging with container liners, bulk carriers, oil tankers and cruise ships regarding the adoption of alternative marine fuels.

 

Photo credit: Golden Island Pte Ltd
Published: 22 September, 2026

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Ammonia

HD HHI and HD KSOE secure ABS AiP for ammonia bunkering vessel design

ABS awarded approval in principle for the basic design of a 22,000 CBM bunkering vessel capable of supplying ammonia as marine fuel.

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HD HHI and HD KSOE secure ABS AiP for ammonia bunkering vessel

Classification society ABS on Monday (21 September) said it has awarded HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) approval in principle (AIP) for the basic design of a 22,000 CBM bunkering vessel capable of supplying ammonia as marine fuel.

The approval is the result of a joint development project initiated earlier this year. ABS reviewed the design’s general arrangement, machinery arrangement, ammonia cargo handling system and fuel supply system against applicable class and international requirements.

Gareth Burton, ABS Senior Vice President, Global Engineering, said: “Bunkering infrastructure is a critical step for any marine fuel to scale, and it has to be implemented with safety designed in from the start.

“This AIP reflects the industry’s need for fuel flexibility while advancing the safe bunkering of ammonia. ABS is proud to support HD HHI and HD KSOE as they develop technologies that expand fuel flexibility.”

Ryu Hong-Ryeul, Chief Technical Officer (CTO) of HD HHI, said: “As ammonia rapidly emerges as a viable low-carbon alternative fuel, demand for ammonia bunkering vessels is expected to grow in line with the increasing adoption of ammonia-fuelled ships. 

“This AIP marks a significant milestone toward the commercialisation of ammonia bunkering vessels.”

ABS and the HD Hyundai group have worked together across a range of technologies supporting ammonia as a marine fuel. Recent projects have included AIP for HD KSOE’s ammonia cargo handling and bunkering system and initial review for HD HHI’s machinery arrangement in engine room.

 

Photo credit: ABS
Published: 22 September, 2026

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Alternative Fuels

J-ENG completes land-based testing of hydrogen-fuelled marine engine

Engine will be installed on a 17,500 DWT multipurpose vessel to be built by Onomichi Dockyard for MOL and MOL Drybulk, with onboard demonstration testing scheduled to begin in April 2028.

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Japan Engine Corporation (J-ENG) on Friday (18 September) said it has completed land-based testing of the world’s first hydrogen-fuelled engine for large commercial vessels, the 6UEC35LSGH.

During factory testing, the engine achieved a hydrogen co-firing rate of at least 95%, reducing GHG emissions by more than 95% compared with conventional heavy-fuel-oil engines.

By adopting a high-pressure direct injection system, which injects fuel directly into the cylinder at high pressure, J-ENG said the engine achieves stable hydrogen combustion. 

Safety measures were also implemented, including a robust structure to prevent hydrogen leakage and double-walled piping for hydrogen supply lines. 

“Approval testing was conducted in the presence of ClassNK and was completed successfully,” the company said. 

The engine will be installed on a 17,500 DWT multipurpose vessel to be built by Onomichi Dockyard for Mitsui O.S.K. Lines and MOL Drybulk.

Hydrogen fuel will be supplied to the engine through a marine hydrogen fuel system, consisting of marine hydrogen fuel tanks and a fuel supply system, developed and manufactured by Kawasaki Heavy Industries.

In addition, Nippon Kaiji Kyokai (ClassNK) will conduct safety assessments throughout each stage of the engine’s development and the vessel’s design, construction and operation.

The vessel will then undergo sea trials before onboard demonstration testing begins in April 2028. 

Kawasaki will also develop and manufacture bunkering equipment for supplying liquefied hydrogen to vessels. 

“The demonstration will further evaluate the engine’s durability and performance under actual operating conditions,” J-ENG added.

 

Photo credit: J-ENG
Published: 22 September, 2026

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