TFG Marine to supply methanol in Singapore with new bunker tanker

Global bunker supplier Fratelli Cosulich has ordered a chemical tanker that TFG Marine will use deliver methanol to ships in Singapore.

PHOTO: Cargo terminal at the Port of Singapore. Getty Images

Fratelli Cosulich has placed an order for a 8,000 cbm-capacity bunker chemical tanker to be constructed by Taizhou Maple Leaf Shipbuilding in China. The cargo tanks of the vessel will be coated to enable them to carry green methanol and biofuels, the company said.

"We believe in a multi-fuel future and this is an additional important step by our Group in that direction, after having built two LNG bunker vessels," said Fratelli Cosulich's head of marine energy Guido Cardullo.

This new vessel will be chartered at a fixed rate to bunker supplier TFG Marine and is expected to be delivered in the last quarter of 2025 in the Port of Singapore.

Singapore is getting ready to provide reliable supply of green methanol from 2025, as more shipping companies are set to adopt green methanol as a fuel to help reduce their carbon footprint. Methanol-fueled ships are being ordered across the globe.

By Debarati Bhattacharjee

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