According to a recent Seatrade Maritime News, Total Marine Fuels Gas Solutions (TMFGS) and Pavilion Energy Singapore have inked a 10-year agreement to develop LNG bunkering in the Port of Singapore.
What is in the agreement?
This year in February, Pavilion chartered an LNGBV newbuilding from Mitsui OSK Lines (MOL). It is currently being constructed at Sembcorp Marine’s Tuas Boulevard Yard in Singapore.
The agreement includes:
- Shared long-term use of 12,000 cu m LNG bunker vessel (LNGBV).
- Both parties will be able to use the bunker tanker for their customers.
Comments from leads
CEO of Pavilion Energy
Frédéric H. Barnaud, group CEO of Pavilion Energy said, “Pavilion Energy is fully committed to leading the maritime industry’s energy transition with LNG as a marine fuel – beginning in Singapore, our home base.”
Managing director of TMFGS
Jerôme Leprince-Ringuet, managing director of TMFGS said, “We are very proud that the cooperation between Pavilion Energy and Total is paving the way towards the development of LNG as a marine fuel, especially in Singapore, the largest bunkering hub in the world.”
“With these agreements, we pursue our ambition to build a comprehensive network of supply for this clean marine fuel. It also underscores our commitment to offer our customers the best available and technologically proven solution to significantly reduce the environmental footprint of maritime transport.”
TMFGS has chartered two LNGBV newbuildings from MOL for deployment in Rotterdam in 2020 and Marseille in 2021 supporting French shipowner CMA CGM, a pioneer in large containerships powered by LNG.
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Source: Seatrade Maritime News