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PSA Marine awarded LNG terminal support vessel services contract

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LNG Industry,

Summit Power International Pte. Ltd., Singapore, has announced that its subsidiary, Summit LNG Terminal Co. (Pvt) Limited, has awarded a 15 year contract to PSA Marine Bangladesh Pte. Ltd., a subsidiary of PSA Marine (Pte) Ltd.

Under the contract, PSA Marine Bangladesh will provide berthing, mooring, pilot and personnel transfer services to LNG ships calling at Summit LNG FSRU terminal, with its three escort tugboats, one fast crew boat and one offshore supply vessel.

The award of this contract marks a significant milestone for PSA Marine and commencement of a long term partnership with SPI. Together with Summit LNG, PSA Marine Bangladesh targets to commence operations in early 2019.

Mr. Peter Chew, Managing Director of PSA Marine said, “We are honoured to work alongside Summit Power International and this win is a vote of confidence for our standing and capability as the preferred marine services partner for LNG terminals.”

Mr. Muhammed Aziz Khan, Chairman of SPI said, “Summit is the largest physical infrastructure company in Bangladesh generating 1500 MW of electricity, 1000 MW under construction and 2400 MW under development. Bangladesh requires 15 million t of LNG and Summit will provide infrastructure for that. For our first project of LNG, we are pleased to bring on board PSA Marine to support our venture to develop region’s fast growing LNG market.”

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