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Pavilion Energy charters its first LNG bunker tanker from MOL

25 Feb 2019

Pavilion Energy on Monday (25 February) said it has chartered its first liquefied natural gas (LNG) bunkering vessel to supply LNG bunkers at the Port of Singapore.

The 12,000 m3 GTT Mark III Flex membrane LNG bunker vessel, which is the largest LNG bunker vessel set for use in the Port of Singapore to date, will be owned by Mitsui O.S.K. Lines, Ltd. (MOL). 

MOL will be collaborating with Singapore-based local bunker tanker owner and operator Sinanju to manage this LNG bunkering vessel.

The vessel will be built by Sembcorp Marine at its shipyard in Singapore for delivery by early 2021.

Featuring a state-of-the-art hull with twin membrane LNG cargo tanks for more efficient boil-off gas management, this vessel fulfills requirements as an LNG feeder and bunker tanker for both coastal and short sea trade.

The SG $3 million (US $2.22 million) grant which was awarded to Pavilion Energy under the Maritime and Port Authority of Singapore’s (MPA) LNG Bunker Vessel Co-Funding Grant will go into the construction of this dual-fuel vessel.

“As the world’s largest bunkering port, we are pleased to support the building of this LNG bunker vessel,” said Quah Ley Hoon, CEO of MPA.

“We look forward to this collaboration catering to growing future demand for ship-to-ship LNG bunkering in the Port of Singapore.”

In June 2018, Pavilion Energy and Total Marine Fuels Global Solutions agreed to co-share the utilisation of this vessel and enable LNG bunker deliveries to both Pavilion Energy’s and Total’s marine fuel customers in the Port of Singapore.

“Pavilion Energy has made substantial headway that will see us supply a cleaner and more sustainable bunker fuel in the Port of Singapore,” said Frédéric H. Barnaud, Group CEO of Pavilion Energy.

“The strategic partnerships with Total and MOL reinforce our commitment to develop robust LNG bunker supply solutions in Singapore as our home base.

“We would like to express our appreciation to MPA and our partners for their strong support behind this important milestone to realise LNG as marine fuel in Singapore.”

Related: Singapore: Total and Pavilion Energy commit to LNG bunkering

Photo credit: Pavilion Energy
Published: 25 February, 2019

 

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