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Global Energy orders Singapore’s first methanol bunker tanker

Photo: BV Global Energy orders methanol bunker tanker in Japan
Global Energy Trading (GET) and Stellar Shipmanagement have ordered Singapore’s first dedicated methanol bunker tanker to be built in Japan.

GET and Stellar have ordered a 4,000 dwt, IMO Type 2 Chemical and Oil Tanker, at Sasaki Shipbuilding in Japan.

The new vessel will join GET’s fleet in Singapore at the end of 2023 and will be the first Category A bunker tanker in the world’s largest bunkering port. The new tanker will allow GET to offer methanol bunkers in Singapore from 2024, and the company is also expanding its offerings with biofuel.

Loh Hong Leong, Group Managing Director of Global Energy Group, commented: “We have made an important step to support the industry’s effort on carbon emissions reduction by introducing alternative and green fuel bunkering supply chain solutions. The new tanker could pave the way for the next generation of a more versatile bunkering tanker.”

The two companies have partnered with Bureau Veritas which is also classing the newbuilding. Meanwhile a team from Stellar supervise construction of the tanker in Japan.

Learn more about methanol as a alternative fuel from a recent episode of the Seatrade Maritime Podcast

Kelvin Kang, General Manager of Stellar Shipmanagement, commented: “Methanol as bunker fuel will add a new dimension to the bunkering industry in Singapore, we are pleased to work with Authorities, Class BV and relevant industry experts to develop methanol bunkering procedures and standards for the safe bunkering and STS operations.”