Consort Bunkers and partners agree to speed up alternative fuel bunkering

Consort Bunkers, ClassNK, Yanmar Asia (Singapore) Corporation, and Taiko Asia Pacific have signed a memorandum of understanding (MoU) to work on accelerating the introduction of bunkering ships capable of handling alternative fuels.

Illustration only. Courtesy of Consort Bunkers

Specifically, the parties will cooperate on the project involving Consort Bunkers’ four 7,999 dwt IMO Type 2 tankers ready for biofuel and methanol bunkers ordered at COSCO SHIPPING Heavy Industry (Guandong) Co.

Incorporating previous orders, 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 over a decade. Consort Bunkers has appointed them to take on the same role for this upcoming multi-fuel bunkering ships project.

Under the MOU, the companies agreed to leverage their partnership 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.

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.”

Yasushi Seto, Regional Manager of Southeast Asia and Oceania, ClassNK, commented: “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.”

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