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Keppel O&M gets contracts for two LNG harbour tugs

Wednesday, October 5, 2016 - 10:55
28655021.8 (37063200) - 29_12_2015 - mtkeppel19.jpg
Keppel Corporation said on Wednesday morning that subsidiary Keppel Offshore & Marine (Keppel O&M) has secured contracts to build its first two dual-fuel diesel liquefied natural gas (LNG) harbour tugs.

KEPPEL Corporation said on Wednesday morning that subsidiary Keppel Offshore & Marine (Keppel O&M) has secured contracts to build its first two dual-fuel diesel liquefied natural gas (LNG) harbour tugs.

The two tugs are expected to use bunkering services provided by FueLNG, a Keppel joint venture with Royal Dutch Shell.

Keppel also said it has entered into a memorandum of understanding with Shell to jointly explore potential opportunities in the LNG sector.

Keppel traded at S$5.35, up four cents, as at 10.45am.

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