Singapore-based bunkering shipowner and operator Sinanju Tankers Holdings has entered into a shipmanagement collaboration agreement with Japan’s Mitsui OSK Lines (MOL) for a 12,000 cu m LNG bunker vessel.
The ship is currently on order at Sembcorp Marine and is scheduled for delivery in early 2021. It will be the largest LNG bunkering vessel set for use at the Port of Singapore for ship-to-ship LNG bunker deliveries.
Pavilion Energy and Total Marine Fuels Global Solutions have formed an agreement to co-share the utilisation of the dual-fuel LNG bunker tanker that will be chartered by Pavilion Gas, a wholly owned unit of Pavilion Energy, which is one of two licensed suppliers of LNG bunker fuels in Singapore.
“We are delighted to partner MOL to promote the development of infrastructure and competencies in LNG fuel deliveries for Singapore. MOL’s expertise in LNG and our strong foundation in fuel oil bunkering augurs well for a successful collaboration in meeting the growing demand for LNG as a marine fuel,” said Ju Kai Meng, managing director of Sinanju Tankers.
“While Singapore has entrenched itself as the world’s largest bunkering port, our foray into LNG bunkering is still in its early stages. Sinanju is committed to extend our unstinting support towards developing Singapore as a leading LNG bunkering hub as we have in the marine fuel oils sector,” Ju added.
Sinanju Tankers currently operates a fleet of 13 bunker tankers.