Consort Bunkers & Partners To Speed Up Alternative Fuel Bunkering

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  • Singapore’s Consort Bunkers has added to its extensive methanol tanker orderbook with a new deal in China.
  • The company has contracted four 7,999-dwt fuel bunker vessels at Cosco Shipping Heavy Industry (Guandong).
  • No price has been given for the units. Clarksons lists the ships as due in 2026.

Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding (MoU) to accelerate the introduction of more bunker vessels capable of handling alternative fuels, reports ClassNK.

Speeding up alternative fuel bunkering

The MoU comes after Singapore-based Consort Bunkers placed an order with COSCO SHIPPING Heavy Industry (Guandong) Co.,Ltd. to construct four 7,999 DWT IMO Type 2 tankers, ready for biofuel and methanol bunkering.

This latest order brings the total number of biofuel/methanol bunkering tankers joining Consort’s fleet to 13.

Under the MoU, all parties intend to leverage their respective expertise to complete Consort’s fleet renewal and expansion project, including new fuel bunkering vessels, and to contribute to regional and global implementation of alternative fuel use.

Establishing infrastructure capable of refuelling alternative fuels is essential for realising decarbonisation of ships,’ said S. K. Yeo, Director/General Manager, Consort Bunkers. ‘Our biofuel and methanol bunkering tankers reflect our commitment to respond to growing needs in this field quickly and sufficiently. Under the trusted partner ClassNK, Yanmar Asia, and Taiko Asia, we will continue increasing our engagement to offer any necessary bunkering options for the industry.’

Yasushi Seto, Regional Manager of Southeast Asia and Oceania, ClassNK, added: ‘We are honoured to strengthen the good and long relationship among the parties, and we are excited to have the opportunity to be involved in the supply chain for advancing the decarbonisation of maritime transportation.’

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Source: ClassNK