FueLNG’s second bunkering vessel wraps up loading op

Singapore’s FueLNG, a joint venture consisting of Shell and Sembcorp Marine’s Keppel Offshore & Marine, said that its second bunkering vessel has completed its inaugural LNG loading operation.

According to a social media post by FueLNG, the 18,000-cbm FueLNG Venosa completed the loading operation through ship-to-ship (STS) transfer from the 2019-built 174,000-cbm LNG carrier, Pan Africa, on May 30.

FueLNG did not provide any additional information regarding the operation.

South Korea’s Hyundai Mipo held the naming ceremony for FueLNG Venosa on April 21 at its yard in Ulsan.

Korea Line LNG, a unit of SM Group’s Korea Line, owns this LNG bunkering vessel.

The firm ordered this vessel in April 2021 at Hyundai Mipo for about $60 million saying it would go on a charter with an Asian LNG bunkering supplier.

The contract includes a firm period of five years with options to expand it to ten years in total.

FueLNG's second bunkering vessel wraps up loading op
Image: FueLNG

This vessel joins Singapore’s first LNG bunkering ship FueLNG Bellina, owned by FueLNG.

The JV completed the first bunkering operation with this ship to a CMA CGM vessel in March 2021.

In June last year, Shell signed a new deal with France’s CMA CGM to bunker the latter’s LNG-powered containerships.

Under the multi-year bunkering deal, Shell will deliver LNG to CMA CGM’s 13,000-teu vessels in the port of Singapore, starting from the second half of 2023.

Both of these bunkering ships will deliver LNG under the deal.

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