Tanker & Energy

Tanker

“K” Line’s crude oil tankers have adopted the double-hull structure since 2003. We constantly take measures such as conducting marine and onshore trainings as well as oil spill exercises to not only improve skills, but also prevent accidents and minimize harm.

The Relationship between Oil Tankers and Our Lives

The crude oil and petroleum products we transport are used as fuel and raw materials for various products necessary and ever-present in our daily lives. Some examples include the gasoline used for cars, jet fuels for aircrafts, naphtha for plastic bottles, and the crude oil for running electric power plants.

We safely transport these petroleum resources that support our lives to countries around the world through our oil tanker services.

Aframax Tanker

Inaugurated in 2003, our tanker department specialises in the operation of a fleet of quality Aframax tankers in the crude oil transportation market.

With a current fleet of three modern Aframax tankers, we aim to be a first class operator that provides top-notch sea transport services to our customers. We regularly maintain our fleet to the high standards set out by OCIMF and is granted approvals from various Oil Majors.

In line with the current testing tanker market conditions, we strongly believe that safety, reliability and flexibility are the keys to navigating through these tough times in the tanker business. With our nimble fleet and our long-term COA partners’ support, we are able to reduce our market risk exposure in the trough of the shipping cycle, as well as maintain our presence in the spot market. So that eventually when the tanker market recovers, “K” Line Pte Ltd Tanker will be well poised to capitalize on future opportunities.

Genuine Galaxy
DWT33,590.76 mt
GRT19,899
Build2012
FlagSingapore
TypeIMO II/III Chemical Tanker

Fleet

VESSEL NAMED/W(K/T)G/TONFLAGTYPEBUILT
CRESCENT RIVER113,27159,333SingaporeAframax Tanker2019
OCEANA RIVER113,20659,333SingaporeAframax Tanker2019

Note: Information updated as of 2 November 2022.

Energy

Utilizing our expertise in Liquefied Natural Gas (LNG) transportation business over the years, we aim to launch a new business to meet customers’ demand by creating gas demand itself.

The Relationship between Oil Tankers and Our Lives

Liquefied Gas Fuel Business

As advocates for environmental conservation, we aim to introduce LNG as a marine fuel that produces less emission from engine exhaust, resulting in low environmental impact. We also consider developing LNG bunkering services by utilising related vessels that will accelerate the increasing demand on LNG as a marine fuel.

Small-Scale LNG Shipping Business

Many countries have begun to import LNG in smaller packages. We aim to develop small-scale LNG transportation business in countries and regions together with the conventional large-scale transportation service.

LNG Floating Storage And Regasification Business

We are eyeing a business that involves the provision of offshore floating storage and regasification units (FSRUs). Specifically, these should take receipt of LNG at a lower cost than reception from land.

Offshore LNG/LPG-Based Power Generation Business

We strive to develop offshore LNG/LPG-based power generation business to conduct entire operations at the offshore. This includes receipt, storage, regasification, and power generation, and sending electricity to shore.

This business concept would save initial investment compared to land-based power generation project in the area where there is an absence of gas infrastructure.

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