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.
| DWT | 33,590.76 mt |
|---|---|
| GRT | 19,899 |
| Build | 2012 |
| Flag | Singapore |
| Type | IMO II/III Chemical Tanker |
Fleet
| VESSEL NAME | D/W(K/T) | G/TON | FLAG | TYPE | BUILT |
|---|---|---|---|---|---|
| CRESCENT RIVER | 113,271 | 59,333 | Singapore | Aframax Tanker | 2019 |
| OCEANA RIVER | 113,206 | 59,333 | Singapore | Aframax Tanker | 2019 |
Note: Information updated as of 2 November 2022.
Energy
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.
Related News
Thank you Maritime and Port Authority of Singapore (MPA) and Singapore Management University for the great support to Singapore Maritime Industry. The learning never stops.
Please be informed that our office will be closed on:
1 September 2023 (Friday) – Polling Day for Singapore Presidential Elections
A suspicious fraudulent website using our corporate logo and images of our vessels without our permission has been reported.
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global IT conference, aimed at driving its digital transformation (DX) strategy and strengthening security, at its head office in early March.
