FueLNG, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, announced the launch of Singapore’s first LNG bunkering vessel on 1 June 2020. The construction of the 7500 cubic meter LNG bunkering vessel is on schedule to be completed by the fourth quarter of 2020.
The vessel will enable FueLNG to be the first in Singapore to provide regular ship-to-ship LNG bunkering services within the Singapore port, in line with the Maritime and Port Authority of Singapore (MPA)’s plans to increase the adoption of LNG as a marine fuel and to bolster the position of Singapore as a global LNG bunkering hub.
The project comes amid the growing number of LNG bunkering vessels being built worldwide. As of early 2019, there were only six bunkering vessels operational across the global, while one year later, this number had doubled to 12. Nearly 30 additional LNG bunkering vessels are under construction or on order to meet this increasing worldwide demand for LNG as a maritime fuel.
FueLNG declared that its bunkering vessel would further enhance the LNG bunkering infrastructure in Singapore and support the growth of the industry. The company and MPA plans on the fact that the expansion of Singapore’s LNG bunkering infrastructure could lead to more opportunities in related sectors, including ship design, construction, operation and maintenance, as well as in LNG trading, to establish Singapore as a global hub.
(Source: FuelLNG; LNG Industry)