Keppel to Build LNG Carriers for Stolt-Nielsen

Keppel

Keppel Offshore & Marine (Keppel O&M) has signed two additional contracts with Stolt-Nielsen Limited, following the exercise of options to build two additional small-scale LNG carriers.

The deal, signed through the companies’ subsidiaries Keppel Singmarine and Stolt-Nielsen Gas, is worth a total of around SGD 105 million (USD 75.9 million).

“These LNG carriers will be the 4th and 5th vessels capable of LNG bunkering as well as the 11th and 12th LNG powered vessels that Keppel will be building. We look forward to furthering this track record as the industry increasingly adopts LNG as a marine fuel,” Abu Bakar, Managing Director (Gas & Specialised Vessels), Keppel O&M, said.

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