Keppel Offshore & Marine, through its wholly-owned subsidiary, Keppel Singmarine, has secured the building contract with Mitsui & Co. As part of the contract, Sinanju and Mitsui AP have an option to order a second similar tanker to be exercised within six months from the effective date of the first contract.
Sinanju will receive co-funding of up to S$2 million to build the vessel, as one of the recipients of the MPA Singapore LNG bunkering pilot programme (LBPP).
The 7,990 DWT dual-fuel bunker tanker will be the first LNG-fueled bunkering vessel for Singapore and for Sinanju. Built to the requirements of classification society, Bureau Veritas, the bunker tanker will deliver marine fuels to ocean-going vessels within local port limits.
Mr Ju Kai Meng, Managing Director of Sinanju Tankers Holdings, stated:
Sinanju aims to kick start a green initiative for bunker tankers operating in Singapore; for our vessels to emit less air pollutants while boosting the local use of LNG as a bunker fuel. We will be in good stead when embarking in ship-to-ship LNG bunkering as our next milestone.
Mr Taku Morimoto, CEO of Mitsui AP, added:
Singapore, as the world largest bunkering hub is aiming to reduce greenhouse gas emissions by boosting the use of LNG as a marine fuel, and we, as a company serving the LNG industry for decades, would like to contribute further to Singapore's green initiative.