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Keppel receives orders for 4th, 5th LNG bunkering capable vessels

08 Oct 2018

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

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