Japanese integrated trading and investment business conglomerate Marubeni Corporation and Thai state-owned oil and gas company Public Company Limited (PTT) has entered into a joint feasibility study for a liquefied natural gas (LNG) bunkering project at Laem Chabang port in Thailand.
Laem Chabang port is the largest industrial port in Thailand which has more than 8,000 vessel arrivals per annum, says Marubeni.
A third expansion plan is being implemented at the port, and the two companies are expecting demand for LNG bunkering to grow in this area due to increased exports and the tightening of environmental regulations.
“This joint study will verify the feasibility of an LNG bunkering project that utilises a fuel supply ship that is compatible with an existing PTT managed LNG receiving terminal in Map Ta Phut (located in Rayong, approximately 200km southeast of Bangkok),” states Marubeni.
“This area is called the Eastern Economic Corridor (EEC) in Thailand, a special economic zone where infrastructure development is being strategically implemented.
“The Japanese government is expressing its support and contributing to infrastructure development in the area to help bolster Thailand’s industrial development.”
Photo credit: Marubeni
Published: 28 December, 2017
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
Maersk, CMA CGM, BP and Stena Bulk give insights on availability of the three potential bunker fuel types, their plans, transition from fuel oil and LNG to alt fuels, how important sustainable marine fuels are to shipowners and more.