Datuk Capt Ahmad Sufian Abdul Rashid, the former Chairman of Malaysian Bulk Carriers Bhd, on Friday (3 September) said he has established LNG Marine Sdn Bhd to meet demand from both liquified natural gas (LNG) producers and sellers, according to Bernama.
LNG Marine is planning to provide LNG as a bunker fuel to international vessels, amongst other activities, according to Capt. Ahmad Sufian.
“LNG Marine, which was set up by experienced engineers including our chief executive officer Zahar Mohd Hashim Zainuddin, would focus on designing, building, operating and co-own bunkering vessels to meet the demand,” he added, as quoted by Bernama.
“ LNG Marine is in discussions with other companies supplying LNG to the ships in the region including Pavilion Energy, Total and FueLNG, which is the joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd.,” he said.
“We need to take this opportunity as we [Malaysia] are producing LNG. To date, there are about 20 LNG bunkering vessels, most of which are operating in Europe.”
LNG Marine has also issued a letter of intent to an experienced shipbuilding yard for its first LNG bunkering vessel, he points out.
“We are planning for the first vessel to be ready for delivery in 2023. However, if necessary, we are ready to charter vessels to meet the demand.”
Increase to 35 units, offering an aggregated capacity of eight million tonnes per year by early 2023.
While this growth has primarily been in North Europe, the number of LNG bunker vessels are also increasing in Asia, of which nine will be positioned in Asia to serve a capacity of two million tonnes per year by 2023. — Bernama
Photo credit: Esmonde Yong from Unsplash
Published: 6 September, 2021
Company is ‘well positioned’ to meet shipping industry requirements of 2020, says Chairman and CEO.
Itochu and Vopak earlier in June 2020 entered into an MOU to study the feasibility of developing an ammonia bunkering infrastructure at Singapore port.
Dry bulk, container and tramp segments most affected.
In general, signing-on crew are required to serve 21-day Stay-Home-Notice (SHN) in the crew’s originating country before departure to Singapore.
Bunker One has tailored this operation to meet its customers' specific needs to be the most efficient refuelling station in the region performing deliveries.
Named Sakura Leader, the vessel was ordered by Shin-Kurushima Dock Co and is already engaged for service, including vehicles for Toyota Motor Corporation.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
