Singapore’s MPA awards grant for two LNG bunkering vessels

For illustration purposes only (Image courtesy of Singapore LNG)

The Maritime and Port Authority of Singapore (MPA) said on Monday it will provide S$6 million ($4.5 million) to FueLNG and Pavilion Gas for the construction of two liquefied natural gas bunkering vessels, in a move that will help promote ship-to-ship LNG bunkering in Singapore.

FueLNG, a joint venture between Keppel and Shell Eastern Petroleum, and Pavilion Gas will each receive a co-funding grant of up to S$3 million for their respective LNG bunker vessel.

The vessels are slated for delivery in 2020, and will be amongst the first of their kind in Asia, the MPA said in its statement.

This is 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, the statement said.

“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. 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,” Andrew Tan, Chief Executive of MPA, said,

 

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 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 1

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >

Cryogenic Storage Tanks

The program committee looks forward to having the opportunity for intensive, objective and professional…

read more >