Sembcorp Marine : NYK and FueLNG Achieve First PCTC LNG Bunkering in Singapore

NYK and FueLNG Achieve First PCTC LNG Bunkering in Singapore

Singapore, 9 March 2023: Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore & Marine Ltd¹ and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fuelled Pure Car and Truck Carrier (PCTC) vessel in Singapore.

NYK's Jasmine Leader, one of the largest PCTC vessels in the world, successfully completed her LNG bunkering with FueLNG Bellina on 8 March 2023.

This marks a significant milestone in NYK's sustainability efforts and FueLNG's mission to promote LNG as a marine fuel.

"We are delighted to have achieved the first PCTC LNG bunkering through Jasmine Leader in Singapore," said Yuji Nishijima, Executive Officer in charge for fuel procurement of NYK. "This marks a significant step towards achieving our long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group's ocean-going businesses, and we are grateful to FueLNG and the Maritime and Port Authority of Singapore for their collaboration and support in making this possible."

Mr Tahir Faruqui, Chairman of FueLNG and Head of Shell Downstream LNG, said, "This achievement highlights FueLNG's commitment to advancing the adoption of LNG as a marine fuel, and we are pleased to work with NYK to demonstrate the feasibility and safety of this technology for a large-scale PCTC in Singapore. LNG is the lowest carbon fuel currently available at scale today and we will continue to collaborate with our customers to drive the growth of decarbonised LNG bunkering in the region."

The bunkering operation was carried out in accordance with Singapore's Technical Reference 56 for LNG Bunkering. This standard is a key part of the Maritime and Port Authority of Singapore's framework to ensure safe, reliable and transparent LNG bunkering operations in Singapore.

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.

Notes to Editors

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About NYK

Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of the world's leading transportation companies. At the end of March 2022, the NYK Group was operating 814 major ocean vessels, as well as fleets of planes and trucks. The company's shipping fleet includes 354 bulk carriers, 118 car carriers, 55 containerships (including semi-containerships), 85 LNG carriers (including those owned by equity method affiliates), 68 tankers, 37 wood-chip carriers, one cruise ship, and 96 other ships (including shuttle tankers and multi-purpose and project cargo vessels). The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York/New Jersey, Singapore and Shanghai. On 3 February 2021, NYK announced the NYK Group ESG Story, which aims to further integrate ESG into the company's management strategy. In order to continue to be a corporate group that remains essential to society and industry, the NYK Group aims to be a sustainable solution provider that creates new value while maximizing profits and achieving social and environmental sustainability from a long-term perspective.

Learn more about NYK at www.nyk.com/english/.

About FueLNG

FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (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 licence by the Maritime and Port Authority of Singapore 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.sg.

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 specialised 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 decarbonisation.

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 are supported by four commercial units: Rigs & Floaters; Repairs & Upgrades; Offshore Platforms and Specialised 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:

NYK
Media Relations Team
Corporate Communication Group NYK Line
Telephone: [phone]
Email: [e-mail]

FueLNG / Sembcorp Marine

Ms Chua Mun Yuen
Head, Investor Relations and Corporate Communications
Tel No: [phone]
Email: [e-mail]

Ms Serene Lam
Manager, Investor Relations and Corporate Communications
Tel No: [phone]
Email: [e-mail]

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