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“K”LINE and FueLNG conclude LNG bunker vessel management agreement

29 Nov 2019

Kawasaki Kisen Kaisha, Ltd. (“K” Line) and FueLNG Pte Ltd., a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum (Pte) Ltd, on Thursday (28 November) concluded a ship management agreement for a 7,500 m3 LNG-Bunkering Vessel (LBV).

The partnership will combine “K” Line’s extensive ship management and liquefied natural gas (LNG) transportation experience with FueLNG’s LNG bunkering expertise, which includes more than 160 truck-to-ship LNG bunkering operations conducted to-date.

The development will provide a reliable, expedient and seamless bunkering process for FueLNG’s customers, said the Japanese firm.

The LBV is expected to commence LNG-bunkering service in Singapore, one of world’s largest bunkering ports, in 2H2020 after delivery from Keppel Offshore & Marine’s shipyard where it is being built.

This will be the first LNG Bunker Vessel providing ship-to-ship bunkering in Singapore.

Keppel in June 2018 announced FueLNG Pte Ltd and Pavilion Gas Pte Ltd each ordering a LNG bunkering tanker for delivery in 2020.

Related: FueLNG achieves Singapore’s 100th LNG bunkering operation
Related: Keppel Singmarine to build $37.6 million LNG bunker tanker
Related: First LNG bunkering vessel in South East Asia ‘on order’
Related: Singapore will have two LNG bunkering vessels operating by 2020

Photo credit: Keppel Corporation
Published: 29 November, 2019

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