Two liquefied natural gas (LNG) bunkering vessels will be starting operations at Singapore, the world’s largest bunkering port, in 2020, says the Maritime and Port Authority of Singapore (MPA).
The port authority Monday awarded SGD $6 million (USD 4.49 million) to FueLNG Pte Ltd and Pavilion Gas Pte Ltd for the construction of two newbuildings capable to ship-to-ship LNG bunkering.
Keppel and Shell Eastern Petroleum JV firm FueLNG Pte Ltd and Pavilion Energy subsidiary Pavilion Gas Pte Ltd will each receive a co-funding grant of up to S$3 million for their respective LNG bunkering vessel.
The vessels are slated for delivery in 2020, and will be amongst the first of their kind in Asia.
Andrew Tan, Chief Executive of MPA, believes the development to be a significant step towards cementing Singapore’s position as a leading LNG bunkering hub in the Far East, catering to large ocean-going LNG-fuelled vessels.
“LNG is a viable marine fuel solution to meet global environmental regulations such as the International Maritime Organization’s (IMO) 0.5% global sulphur cap from 1 January 2020,” he says.
“As the world’s largest bunkering hub, we are pleased to support the building of the first two LNG bunker supply vessels for the Port of Singapore.
“We look forward to the successful applicants contributing to the growth of ship-to-ship LNG bunkering in the Port of Singapore.”
The MPA grant will boost FueLNG’s plans to provide ship-to-ship bunkering of LNG in addition to truck-to-ship LNG bunkering for ship owners, notes Chris Ong, Chairman of FueLNG.
“Leveraging expertise from both Keppel and Shell, FueLNG aims to provide safe, cost-efficient and reliable solutions in LNG bunkering for global customers who pass through the Port of Singapore, which will encourage the adoption of LNG as a marine fuel,” he says.
Frédéric Barnaud, Group Chief Executive Officer of Pavilion Energy, is pleased to receive the MPA grant for the construction of an LNG bunker vessel.
“Pavilion Gas’ commitment to build its LNG bunkering business and infrastructure in Singapore and globally is a strong signal to shipowners and the bunkering community that LNG is a credible solution to achieve IMO’s 2020 ruling,” he says.
Photo credit: Maritime and Port Authority of Singapore
Publication date: 4 June, 2018
Newbuilding construction received Japanese government support for the “Model Project for Measures to Reduce Emissions of CO2 from Vessels Utilizing Alternative Fuels”.
‘Tackling climate change is too big a challenge for one organisation to fix alone. Radical carbon reduction throughout supply chains is an absolute necessity,’ states UECC spokesman.
STX incorporated an LNG-fuelled propulsion system into an existing conventional MR tanker design.
LNG bunkering operation was also the first one in the Baltic Sea where normal cargo was unloaded in parallel.
‘Alliance will benefit the entire industry and help grow Djibouti,’ says Chairman of Red Sea Bunkering, Djibouti ports and Free Zones Authorities, Aboubaker Omar Hadi.
To convert LNG carriers owned by local private firms through Korea Ocean Business Corp finance plans.
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
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.
