ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte. Ltd. to lease Singapore’s first liquefied natural gas (LNG)-powered bunker tanker, Sinanju said, in a statement Friday, Kallanish Energy reports.
The 7,990 deadweight tonnage (dwt) new build will be the first LNG bunker tanker for Singapore and Sinanju and will deliver ExxonMobil’s new Engineered Marine Fuels (EMF.5) to ocean-going vessels within Singapore port limits beginning in 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% beginning next year, from 3.5% currently, Reuters reported.
Sinanju managing director Ju Kai Meng said the use of LNG for the tanker would help reduce greenhouse gas emissions in the bunker industry, Reuters reported.
The vessel is expected to join Sinanju’s 13-vessel bunker fleet in December.
This post appeared first on Kallanish Energy News.