July 29 (Reuters) - TFG Marine, a marine fuel supplier
majority owned by commodities trader Trafigura, said
on Monday it signed a long-term agreement with Consort Bunkers
to charter four new barges that can deliver various low-carbon
fuels to ships.
The shipping sector is striving to meet decarbonisation
targets by using low-carbon fuels ranging from biofuels to
methanol and ammonia to reduce emissions.
TFG Marine is one of the top three bunker fuel suppliers in
Singapore, the world's top refuelling port. It will take
delivery of the four 6,500-deadweight ton IMO type 2 tankers in
late 2024 and into 2025, it said in a statement.
These barges will form part of TFG Marine's ongoing efforts
to renew its fleet to carry low-carbon fuels that will help
shipping to decarbonise, said Kenneth Dam, TFG Marine's global
head of bunkering.
"We see a multi-fuel future for our industry, with methanol,
biofuels, ammonia, and more all playing a role alongside
traditional marine fuels in meeting the goals of the Paris
Agreement," he said.
The vessels will be capable of carrying conventional marine
fuels and biofuels up to B100, as well as any grade of liquid
methanol in the future, TFG Marine said.
These tankers will be equipped with Mass Flow Meters (MFM)
to accurately measure bunker flows for transparency, it added.
In January, TFG Marine agreed to lease a methanol dual-fuel
bunker barge being built by the Fratelli Cosulich Group to be
delivered in late 2025 for marine fuel sales at the Singapore
port.
Other partners in TFG Marine include shipowners Frontline ( FRO )
and Golden Ocean ( GOGL ).