Connect with us
DNV Decarbonization Insight Series August 2026 - What maritime professionals should know about AI Training

Alternative Fuels

Consort Bunkers receives “Pearl Khaoyai”, prepares for IMO 2030/2050 with IMO Type 2 bunker tanker orders

Enters newbuilding order in early April for six 6,500 dwt IMO Type 2 bunker tankers capable of delivering conventional marine fuels as well as sustainable green fuels including biofuel and methanol.

Admin

Published

on

Pearl Khaoyai 1

Singapore-based bunker supplier and logistics services provider Consort Bunkers Pte Ltd on Tuesday (18 April) took delivery of Pearl Khaoyai at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu shipyard) in Shangdong province, China.

The Singapore-flagged 7,999 dwt bunker tanker is the third of seven ‘K’ series newbuild bunker tankers ordered by the company in 2020 and will be supporting marine refuelling operations of Maersk Oil Trading, Mr SK Yeo, Founder of Consort Bunkers, told Manifold Times.

“The last of our ‘K’ series bunker tankers will be upgraded to become an IMO Type 2 chemical tanker for future-proof bunkering operations involving traditional marine fuels and their green alternatives including biofuel and methanol,” shared Mr Yeo.

“We are expecting delivery of this vessel in the first quarter of 2024; Consort Bunkers will be amongst the first Singapore bunker suppliers to operate a newbuild IMO Type 2 bunker tanker for local marine fuel deliveries when this happens.”

Pearl Khaoyai 2

On the occasion, Mr Yeo said Consort Bunkers also placed a newbuilding order at China Merchants Jinling Shipyard (Nanjing) Co., Ltd. in early April for six 6,500 dwt IMO Type 2 bunker tankers as part of Consort Bunkers’ fleet renewal programme.

The 6,500 dwt newbuilds are also capable of delivering a wide variety of conventional marine fuels as well as sustainable green fuels including biofuel and methanol.

“These six vessels represent our ‘L’ series of bunker tankers that will commence delivery from 2024 to 2025,” he said while stating the latest orders for upgraded IMO Type 2 bunker tankers as necessary for supporting bunkering operations coming IMO 2030.

“Biofuel and methanol – forecasted as amongst likely candidates to assist the shipping industry’s decarbonisation drive towards IMO 2030/2050 – are considered chemicals and have to be transported by chemical tankers outfitted with either stainless steel or coated piping, coated tanks and other features due to safety regulations.

“The decision to support shipping’s decarbonisation led to the construction for a new breed of marine refuelling ships at the Jinling shipyard; it is also aligned with the Maritime Singapore Decarbonisation Blueprint published by the MPA (Maritime and Port Authority of Singapore) last year.

“We also note of the MPA introducing a provisional national standard on specifications of marine biofuel (WA 2:2022) which we took into consideration when committing to the latest IMO Type 2 bunker tanker order.”

Moving forward, Mr Yeo shared of Consort Bunkers selling the 2018-built Pearl Mercury and 2019-built Pearl Majestic to respective European and Middle East buyers; both 8,000 dwt vessels are part of seven ‘M’ series sisterships ordered from a Chinese yard in 2016.

“From 2016 to date [in 2023], construction costs for newbuild bunker tankers capable of carrying convention bunker fuels has appreciated between 30-40%,” observed Mr Yeo.

“Our latest exercise [of ‘L’ series newbuilding orders] has shown a further 15-20% premium in construction costs when factoring in current prices of conventional bunker tankers against the new breed of IMO Type 2 marine fuel delivery vessels.”

Consort Bunkers was ranked 18th on MPA’s list of all bunker suppliers ranked by volume in 2022 (versus 20th in 2021).

Related: Singapore: Consort Bunkers welcomes first of seven 7,999 dwt ‘K’ series newbuild bunker tankers to bunkering fleet
RelatedConsort Bunkers acquires five bunker tankers in Q4; orders up to seven more newbuilds from China
RelatedConsort Bunkers takes productivity to new levels with latest fleet expansion
Related: MPA blueprint prepares marine fuels sector for multi-fuel bunkering transition
Related: Singapore: MPA maritime decarbonisation blueprint sets target for bunkering sector
Related: MPA: Singapore bunker tanker fleet expected to run on net zero fuels by 2050
Related: Singapore: MPA develops framework to support biofuel bunker fuel deliveries
Related: Exclusive: Estimated marine fuel sales figures of Singapore top 10 bunker suppliers by volume in 2022

Photo credit: Consort Bunkers
Published: 20 April, 2023

Continue Reading

LNG Bunkering

Shell expands LNG bunkering footprint in Spain with Valencia

As one of the region’s key maritime hubs, the company said Valencia expands the options available to shipowners seeking LNG supply along major shipping routes.

Admin

Published

on

By

Shell expands LNG bunkering footprint in Spain with Valencia

British oil giant Shell on Thursday (13 August) said Valencia has joined its growing network of bunkering locations, making LNG available as a marine fuel.

The successful completion of the first LNG bunkering operation in Valencia marked an important milestone for Spain and further strengthened Shell’s LNG supply capabilities across the Mediterranean. 

In a video shared by the company, bunkering vessel Alice Consulich was shown supplying an undisclosed volume of LNG to the container ship MSC Sabrina.

“As one of the region’s key maritime hubs, Valencia expands the options available to shipowners seeking LNG supply along major shipping routes,” Shell said in a social media post. 

Shell said the achievement reflected the strong collaboration across the maritime value chain, including MSC Mediterranean Shipping Company, the Port of Valencia and Fratelli Cosulich Group.

“We look forward to making more LNG bunker deliveries in Valencia and across the Mediterranean as LNG infrastructure and capabilities continue to expand,” the company said. 

 

Photo credit: Shell
Published: 14 August, 2026

Continue Reading

LNG Bunkering

Énestas and Power LNG join forces on Galveston bunkering

Énestas will provide capital, LNG transport and storage equipment, and downstream expertise to support Power LNG’s planned liquefaction and marine bunkering facility on Pelican Island.

Admin

Published

on

By

Stabilis Solutions enter 10-year LNG bunkering supply deal for Port of Galveston

Power LNG (Power LNG) and Mexico’s LNG infrastructure and downstream natural gas company Énestas on Wednesday (12 August) announced the execution of definitive agreements establishing a strategic partnership to accelerate the development of LNG infrastructure at the Port of Galveston.

Under the agreement, Énestas will provide capital, LNG transportation and storage equipment, and downstream operating expertise to support the development of the Harborside Terminal and Project Seawolf, Power LNG’s planned LNG liquefaction and marine bunkering facility on Pelican Island.

The partnership creates an immediate pathway to begin LNG distribution by truck while Project Seawolf is under development, supporting marine fueling, virtual pipeline customers, industrial users, and LNG exports throughout the Gulf Coast, Latin America, and the Caribbean.

“Our vision has always been to establish Galveston as the premier LNG hub for the Gulf Coast,” said Austin Terry, Founder and CEO of Power LNG. 

“Énestas brings years of operational experience, proven LNG infrastructure, and a talented team that understands how to deliver LNG safely and efficiently. Together, we can immediately begin serving customers while laying the foundation for one of the most strategic LNG bunkering facilities in North America.”

Project Seawolf will provide LNG for marine bunkering, truck loading, virtual pipeline distribution, and international exports. The facility is strategically located at the Port of Galveston, serving one of the fastest-growing cruise, cargo, and energy corridors in the United States.

For Énestas, the transaction represented an important milestone in the company’s international growth strategy.

“This partnership represents a natural evolution for Énestas as we expand our downstream LNG business into the United States,” said Caio Zapata, Chief Executive Officer of Énestas. 

“For more than a decade, Énestas has developed and operated LNG infrastructure throughout Mexico, helping customers transition to cleaner, more reliable energy. Partnering with Power LNG allows us to leverage that experience in one of the most attractive LNG markets in North America. We see tremendous opportunities in marine bunkering, virtual pipeline logistics, industrial LNG supply, and exports to Latin America and the Caribbean, and we are excited to build that future together.”

The companies expect the partnership to support near-term LNG truck loading operations while advancing the long-term development of Project Seawolf, which is designed to become a regional hub for LNG production, marine fueling, and distribution.

The collaboration also establishes a platform to pursue additional downstream LNG opportunities throughout the Gulf Coast, utilising Énestas’ operational expertise together with Power LNG’s project development capabilities.

 

Photo credit: Port of Galveston
Published: 14 August, 2026

Continue Reading

LNG Bunkering

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Company says the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston.

Admin

Published

on

By

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Clean energy production solutions provider Stabilis Solutions (Stabilis) on Thursday (13 August) said it has completed 97 LNG bunkering operations and delivered more than 150,000 m³ of LNG to customers in the Port of Galveston.

“As the only physical supplier of LNG on the Gulf Coast to reach this milestone, we’ve earned a reputation as a trusted, proven operator — both with local Galveston stakeholders and with the world’s largest cruise operator,” the company said in a social media post.

“That trust is reflected in the 10-year LNG offtake agreement we executed in December 2025.”

The company said the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston. 

“As a Houston-based company, we believe in the Texas economy and the future growth of the Port of Galveston,” it added.

“That belief is why we’ve invested heavily over the past four years in the planning, permitting, and engineering design work to develop the most advanced, derisked, shovel-ready small-scale LNG liquefaction project on the Gulf Coast.”

Manifold Times previously reported Stabilis stating that the proposed Stabilis Galveston LNG Facility is anticipated to be in production by the third quarter of 2028.

It will come complete with the delivery of the first new-build, dedicated Jones Act-compliant LNG bunker barge in the Galveston/Houston area.

This comes following Stabilis receiving a Letter of Recommendation from the US Coast Guard following their formal review of the proposed Stabilis Galveston LNG Facility and associated waterfront LNG loading, marine transportation, and LNG bunkering operations in the Port of Galveston.

Related: Stabilis Solutions targets Q3 2028 launch for Galveston LNG bunkering facility
Related: Stabilis Solutions terminates 10-year LNG supply deal, expects delay in Galveston project

 

Photo credit: Stabilis Solutions
Published: 14 August, 2026

Continue Reading

Trending