Geneva DryTMS Awards 2023Sailors SocietyViganVan AalstPort of Stockton
  • Cimbria
  • Vigan
  • Telestack
  • TBA Group
  • Port of South Louisiana
  • Bühler GmbH

New Alternative Fuel Bunkering MOU

(Posted on 04/07/24)

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 towards the introduction of more bunkering ships capable of handling alternative fuels.

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. Incorporating their previous orders, a total of 13 biofuel/methanol bunkering tankers totaling over 90,000 DWT will join Consort’s fleet. ClassNK has been providing surveys and audits, Yanmar Asia has been providing main engines and generator engines, and Taiko Asia has been supplying cargo pumps package and various pumps package in engine room and pump room of the majority of Consort Bunkers’ fleet for more than a decade. Consort Bunkers has appointed them to take on the same role for this upcoming multi-fuel bunkering ships project.

The parties have signed an MOU for the cooperation and partnership regarding this upcoming project and also for the future projects including alternative fuels bunkering vessels. Under the MOU, all parties agreed to leverage their good relationship and 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.

Speaking on the occasion, Mr. S. K. Yeo, Director/General Manager, Consort Bunkers said, “Establishing infrastructure capable of refueling alternative fuels is essential for realizing decarbonization of ships. 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.”

Mr. Yasushi Seto, Regional Manager of Southeast Asia and Oceania, ClassNK said, “We are honored 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 decarbonization of maritime transportation.”

Latest News

Accidents on ships under scrutiny as InterManager submits statistics to IMO

(Posted on 16/07/24)

Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the... Read more

Solutions required for FuelEU Maritime rules compliance, says Columbia

(Posted on 16/07/24)

Solutions must be in place to help ship owners with navigating the complex challenges of complying with... Read more

Boers committed to diversity with relocation of Filipino employees to Germany

(Posted on 16/07/24)

Diversity and nurturing talent is high on the agenda for BCS Group – Boers Crew Services as it... Read more

INTERCARGO joins industry calls for IMO to amend flaws in CII

(Posted on 12/07/24)

With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator... Read more

ICS Türkiye branch celebrates its inauguration in Istanbul

(Posted on 12/07/24)

The Institute of Chartered Shipbrokers (ICS), the professional body for the commercial shipping industry... Read more

Columbia Group and Crowley forge strategic US alliance

(Posted on 12/07/24)

Columbia Group and Crowley have signed a strategic cooperation agreement that broadens both companies... Read more

Inmarsat report advocates data sharing to address preventable incidents

(Posted on 04/07/24)

The 2024 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat company, reveals... Read more

50 years of Hydrex

(Posted on 04/07/24)

On May 16th, 1974, Hydrex was officially born. In the 50 years since then the company has grown from... Read more

INTERCARGO members achieving fewer deficiencies and detentions

(Posted on 28/06/24)

INTERCARGO-registered dry bulk ships continue to outperform the industry average in both deficiencies... Read more

Owners face significant emission bills under EU-ETS without proper management

(Posted on 28/06/24)

The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) marks... Read more

TelestackBühler GmbHTBA GroupCimbriaPort of South Louisiana
  • Sailors Society
  • TMS Awards 2023

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping