- TFG Marine, a prominent marine fuel joint venture involving Trafigura, Frontline, and Golden Ocean, has introduced its first liquefied natural gas (LNG) dual-fuelled bunker tanker, named MT Diligence, to its fleet.
- The MT Diligence, with a capacity of 5,000 deadweight tons (dwt), will bolster TFG’s operations in supplying low-sulfur fuel oil and biofuel in Singapore, a major bunkering center.
- Constructed and managed by CBS Ventures Pte Ltd, the MT Diligence adheres to TFG’s technical standards, enabling it to utilize LNG alongside traditional low-sulfur bunker fuels.
- The MT Diligence is equipped with a Mass Flow Meter (MFM) as mandated by the Maritime & Port Authority of Singapore, aligning with TFG’s advocacy for transparent bunkering practices.
TFG Marine Launches LNG-Powered MT Diligence In Singapore
TFG Marine (“TFG”), a premier international marine fuel joint venture established by Trafigura, Frontline, and Golden Ocean, has inaugurated its inaugural liquefied natural gas (LNG) dual-fuelled bunker tanker. The MT Diligence, a newbuild vessel boasting a 5,000 dwt capacity, will integrate into the company’s supply operations of low sulfur fuel oil and biofuel within Singapore, a key bunkering hub.
Built and operated for TFG by CBS Ventures Pte Ltd, the newbuild bunker tanker, the MT Diligence has been designed to TFG’s technical specifications, including stringent safety considerations, so that it can be powered by LNG as well as conventional low sulfur bunker fuels.
“We’re delighted to see this modern, efficient vessel on the water, thanks to our collaboration with CBS Ventures Pte Ltd. Within a short period TFG has grown to be one of the premier suppliers of a range of bunker fuels for vessels calling at the Port of Singapore. Deploying a vessel that can be powered by LNG helps TFG Marine to meet its license requirement and our commitment to the Maritime & Port Authority of Singapore,” said Kenneth Dam, TFG Marine’s Global Head of Bunkering.
Testament To Sustainable Shipping And Industry Collaboration
Ms Lim Li-Lian, Director of CBS Ventures Pte Ltd said: “We are committed to renewing our fleet of vessels using alternative fuels, supporting Singapore’s decarbonisation efforts. The transition to green ships requires additional investment, both in terms of capital and technology. We could not have delivered the MT Diligence without the support of our charterer TFG Marine and our bankers DBS, who have been our trusted partners and collaborators throughout this journey. I would like to thank the Maritime & Port Authority of Singapore for their support and guidance, and for sharing their vision of a more sustainable maritime industry.”
The MT Diligence has been fitted with a Mass Flow Meter (MFM), as required by the MPA. TFG has long been an advocate of the global adoption of calibrated MFMs to bring much-needed transparency to bunkering. A recent whitepaper sponsored by TFG and other key stakeholders recognizes the success of Singapore’s MFM-based bunker licensing system and proposes this as a template for regulators in other regions across the world, promoting transparency and encouraging digitalization in the long-term interests of the bunker industry and helping to further the decarbonization goals of the shipping industry.
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Source: tfgmarine
