Keppel Singmarine, the subsidiary of Keppel Offshore & Marine (Keppel O&M), has signed two additional contracts with Stolt-Nielsen Gas B.V. (Stolt-Nielsen Gas), a subsidiary of Stolt-Nielsen Limited for liquefied natural gas (LNG) bunkering capable newbuildings.
The LNG bunkering capable newbuildings are from an options exercise by Stolt-Nielsen Gas to build two additional small-scale LNG carriers worth a total of around S$105 million (USD 75.9 million).
“These LNG carriers will be the 4th and 5th vessels capable of LNG bunkering as well as the 11th and 12th LNG powered vessels that Keppel will be building,” notes Abu Bakar, Managing Director (Gas & Specialised Vessels), Keppel O&M.
The two LNG carriers will each have a capacity of 7,500 m3, and come equipped with engines that can run on both diesel and LNG.
To be completed in 4Q 2020 and 1Q 2021 respectively, the carriers will have a class notation for bunkering which enables the provision of LNG bunkering services if required.
Keppel in June announced FueLNG Pte Ltd and Pavilion Gas Pte Ltd each ordering a LNG bunkering tanker for delivery in 2020.
Local shipbroking firm Sovereign Shipping says Singapore is in preparations to have LNG available as a marine fuel by 2020.
Related: Singapore will have two LNG bunkering vessels operating by 2020
Related: Singapore prepares to be LNG bunker ready by 2020, says broker
Related: First LNG bunkering vessel in South East Asia ‘on order’
Published: 8 October, 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.