AsiaBunkering

Former Malaysian Bulk Carriers chairman returns with LNG bunkering venture

Capt Ahmad Sufian Abdul Rashid, the former chairman of Malaysian Bulk Carriers, is back with a new gas bunkering venture.

LNG Marine has completed the design of its first hybrid LNG bunkering barge and has obtained approval from French classification society Bureau Veritas. A letter of intent has been signed for the construction of a first vessel.

The company will likely tap Malaysian energy major Petronas for supplies.

To date, the majority of LNG bunker barges in operation are based in Europe, with Rashid seeing significant opportunities to grow his new business in Asia.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. On behalf of the global shipping fraternity, a warm welcome to Captain Ahmad S A Rashid for returning to the shipping industry with a new gas bunkering venture. Icons like capt. Rashid are a rare breed who can change the entire domain of the shipping industry by their novel ideas and ventures. Thanks to Sam for posting such an excuting news.

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