Sembcorp Marine : Naming of Latest Fleet Addition – State-of-the-art LNG Bunker Vessel FueLNG Venosa

Naming of Latest Fleet Addition - State-of-the-art LNG Bunker Vessel FueLNG Venosa

Ulsan, 21 April 2023 - FueLNG, a joint venture between Keppel Offshore & Marine Ltd¹ and Shell Singapore Pte. Ltd., has named its newest addition to the fleet, the LNG bunker vessel FueLNG Venosa, at a ceremony held today at the Hyundai Mipo Dockyard Co., Ltd., in Ulsan, South Korea.

Ms Aw Kah Peng, Chairman of Shell Companies in Singapore, who is the godmother of the vessel, said, "The FueLNG Venosa will support a growing number of LNG-fueled ships that call at the Singapore port, contributing to the country's ambition of becoming a regional hub for LNG bunkering. As an industry, we must work together towards reducing emissions from shipping, and LNG is a key enabler in this transition."

Built in Hyundai Mipo Dockyard Co., Ltd. and chartered from Korea Line LNG Co., Ltd., the FueLNG Venosa is a state-of-the-art LNG bunker vessel with a total capacity of 18,000 cbm, bringing significant economies of scale. The vessel is designed to facilitate safe and quick turnaround of vessels carrying out simultaneous cargo handling and bunkering operations; and is capable of bunkering different types of LNG fuel tanks. Besides bunkering operations, FueLNG Venosa shall provide gas-up and cool-down services to LNG carriers and LNG-fueled vessels after dry docking in Singapore or enroute to loading operations.

Mr Saunak Rai, General Manager of FueLNG, said, "We are thrilled to add the FueLNG Venosa to our fleet, which will help us cater to the growing demand for LNG bunkering services in the Asia Pacific region. The FueLNG Venosa will further enhance our capability to provide our customers with safe, reliable, and efficient LNG bunkering solutions."

The naming of the FueLNG Venosa marks another significant step in FueLNG's efforts to promote the use of LNG as a marine fuel and contribute to a more sustainable future for the shipping industry.

¹ Following the completion of the Proposed Combination of Sembcorp Marine Ltd (Sembcorp Marine) and the restructured Keppel Offshore & Marine Ltd (Keppel O&M) on 28 February 2023, Keppel O&M is now a wholly-owned subsidiary of Sembcorp Marine.

Celebrating the naming success: (From left to right) FueLNG's General Manager Mr Saunak Rai, Korea Line LNG's Senior Vice President (Business) Mr Yeon-Sung Bae, as well as Hyundai Mipo Dockyard's Senior Vice President (Management) Mr Euisung Yoon and Senior Vice President (Production Management) Mr Heung-Won Seo, commemorating the naming of FueLNG Venosa (Photo: Hyundai Mipo Dockyard, all rights reserved)

FueLNG Venosa, the latest state-of-the-art LNG bunker vessel to join FueLNG's fleet, is built for enhanced efficiency and performance, with a total capacity of 18,000 cbm (Photo: FueLNG, all rights reserved)

Notes to Editors

For the high-resolution version of the above images, please click here.

Please click hereto view the video on FueLNG Venosa, the latest state-of-the-art 18,000cbm LNG bunker vessel to join FueLNG's fleet.

About FueLNG

FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Singapore Pte. Ltd., is committed to providing safe, cost-efficient, and reliable solutions in Liquefied Natural Gas (LNG) bunkering in Singapore. FueLNG is able to provide LNG bunkering to a wide variety of vessels through truck-to-ship or ship-to-ship bunkering.

Awarded the LNG bunker supplier license by the Singapore Maritime and Port Authority in 2016, FueLNG works with industry partners to build a world-class LNG bunkering network and encourages the adoption of LNG as a marine fuel.

For more information, visit https://www.fuelng.com.sgor email info@fuelng.com.

About Keppel O&M

Keppel Offshore & Marine Ltd (Keppel O&M) is a world leader in providing total solutions to the offshore, marine and energy industries. Bolstered by a global network of yards and offices, it has extensive know-how across a wide range of capabilities - design & engineering, new builds, conversions & repairs, and support services.

A pioneer in offshore solutions, Keppel O&M has a strong track record in designing and building high-performance offshore platforms, production units and specialised ships. It is a trusted partner in the conversion, repair and modification of diverse and complex rigs and vessels, and is also a developer of integrated solutions for the offshore renewable and infrastructure industries.

Backed by robust operational excellence, Keppel O&M innovates and leverages new technologies to deliver projects on time, on budget, safely, reliably, and to the highest quality.

Following the completion of the Proposed Combination of Sembcorp Marine Ltd (Sembcorp Marine) and the restructured Keppel O&M on 28 February 2023, Keppel O&M is now a wholly-owned subsidiary of Sembcorp Marine.

For more information, visit www.keppelom.com.

About Sembcorp Marine

Sembcorp Marine Ltd provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialized vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine's diversified portfolio of products and solutions cover Renewables, Process, Gas, Ocean Living and Advanced Drilling Rigs with a growing focus on sustainable solutions that advance the global energy transition and maritime decarbonization.

As a premier global player offering offshore renewables, new energy, and cleaner offshore & marine solutions, Sembcorp Marine is committed to delivering high standards of safety, quality, and performance to its customers who include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. The Group's businesses supported by four commercial units: Rigs & Floaters; Repairs & Upgrades; Offshore Platforms and Specialized Shipbuilding.

Sembcorp Marine operates shipyards and other facilities in Singapore, Brazil, China, Indonesia, Japan, Philippines, Norway, the United Kingdom and the United States.

Discover more at www.sembmarine.com.

For more information, please contact:

FueLNG / Sembcorp Marine
Ms Chua Mun Yuen
Head, Investor Relations and Corporate Communications
Tel No: +65 6971 7039
Email: munyuen.chua@sembmarine.com

Ms Serene Lam
Manager, Investor Relations and Corporate Communications
Tel No: +65 6971 7043
Email: serene.lam@sembmarine.com

For the PDF version of the press release, please click here.

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