Sinanju Logistics Services, the tanker operating arm of Sinanju Tankers Holdings, has entered into a two-year time charter agreement with ExxonMobil Asia Pacific for a newbuild bunker tanker five months ahead of commencing operations.
The 7,990DWT newbuilding, soon to be christened Marine Vicky, will be the first bunker tanker for Singapore and Sinanju to be powered mainly by LNG.
The deal will commit Marine Vicky to delivering ExxonMobil's marine fuels to ocean-going vessels within Singapore port limits from the first quarter of next year.
The BV-classed bunker tanker will have a length of 103 metres, a beam of 19 metres, and a 55-cubic-metre LNG fuel tank. It is being built at Keppel Offshore and Marine's shipyard in Nantong, China, under the the Maritime and Port Authority of Singapore's LNG bunkering pilot programme.
The vessel will join Sinanju's 13-vessel bunker fleet in December 2019.