ExxonMobil hires Singapore’s first LNG-fuelled bunker tanker

James Sagar (left) Asia Pacific marine transportation manager of ExxonMobil Asia Pacific and Ju Kai Meng, managing director of Sinanju Tankers; Image courtesy of Sinanju

U.S. energy giant ExxonMobil has signed a two-year time charter agreement with Singapore-based Sinanju Tankers for Singapore’s first liquefied natural gas (LNG) powered bunker tanker.

Sinanju said on Friday that it entered into the charter agreement on July 25 with the U.S. giant’s subsidiary ExxonMobil Asia Pacific.

The charter for a new-build bunker tanker was signed five months ahead of beginning operations.

The 7,990-dwt newbuild will be the first bunker tanker for Singapore and Sinanju to be powered mainly by liquefied natural gas (LNG). The company told LNG World News that the vessel would be christened Marine Vicky on September 3.

The deal will commit Marine Vicky to deliver ExxonMobil’s new Engineered Marine Fuels (EMF.5) to ocean-going vessels within Singapore port limits from the first quarter of 2020.

EMF.5 marine fuels are designed to comply with the International Maritime Organization’s (IMO) global rules that limit the sulfur content in marine fuels to 0.5% from 2020, from 3.5% currently

Under the Maritime Singapore Green Port Program, registered vessels that are serviced by alternative or cleaner marine fuelled harbor crafts during their port stay – such as receiving bunker from LNG-powered bunker tankers – stand to receive a 10 percent port dues concession.

Ju Kai Meng, managing director of Sinanju, said: “Sinanju is delighted to enter into a new phase of collaboration with ExxonMobil, with whom we have had a long and successful working relationship.

We will now focus on competence building through hands-on operations of this LNG-powered bunker tanker. I believe the invaluable experience garnered will serve as a strong foundation towards our preparation to embark on ship-to-ship LNG bunker deliveries from 2021.


 

Marine Vicky; Image courtesy of Sinanju

As for the vessel, the Marine Vicky is a 103-meter long 19-m wide bunker tanker. It is equipped with a 55 cbm LNG tank paired with a fuel gas supply system on deck for engine propulsion.

The vessel is currently being built at Keppel Offshore & Marine’s shipyard in Nantong, China. It is expected to join Sinanju’s 13-vessel bunker fleet in December 2019.

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >