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PETRONAS LNG vessels to cut emissions and boost efficiency with Jotun’s antifouling coatings

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PRESS RELEASE

Kuala Lumpur, Malaysia, Sandefjord, Norway 18 May 2016: PETRONAS has selected Jotun’s Hull Performance Solutions (HPS) antifouling system for two LNG vessels chartered from MISC. Advanced antifouling coatings and a full suite of performance measurement sensors will now be applied to Seri Amanah and Puteri Zamrud in a move that will increase vessel efficiency, substantially cut fuel costs and reduce CO2 emissions by 10%.

Jotun is an established leader in antifouling coatings that limit the growth of organisms on hulls and HPS provide measurable hydrodynamic performance gain. This delivers complete insight into long-term hull performance – including fuel and emission savings - demonstrating proof of ROI.

“As a responsible energy company, we are committed to meet the world’s energy needs in a sustainable way and minimising our impact on the environment,” comments Mr. Ahmad Adly Alias, Vice President of LNG Marketing & Trading of PETRONAS. “By choosing the right antifouling coating, we can enhance the efficiency of our vessels, helping us in our continual effort to reduce fuel cost and the carbon footprint of our operations worldwide.”

Morten Sten Johansen, Jotun’s Regional Sales Director HPS, says the documented proof of HPS’ efficacy is a compelling proposition for ship operators concerned with both environmental and business performance.

He explains: “We recently released details of the first five year dry-docking for the very first vessel to be treated with HPS, the Penguin Arrow (Bulk Carrier, 51,414 DWT). The data from its 60-month operational period showed that CO2 emissions were cut by some 12,055 tonnes, translating to a total fuel saving of USD 1.5million. This is real proof of real performance.

“HPS’ combination of silyl methacrylate coating technology and a ISO 19030 compliant measurement system delivers significant, and proven, emission and cost savings. We, and a growing number of ship operators, see this as ’low hanging fruit’ when it comes to increasing vessel efficiency and safeguarding the environment.”

PETRONAS has operations in over 50 countries around the world and is a fully integrated oil and gas company responsible for Malaysia’s national oil and gas resources. The firm is committed to applying the latest technological solutions to improve performance as it moves towards achieving a sustainable energy future.

Johansen notes: “Major industry players like PETRONAS represent a growing cluster of environmentally responsible operators who recognise the value and benefits of advanced antifouling coatings. They, like us, are focused on contributing to a more efficient and sustainable industry. Improving hull coatings and performance is a fundamental part of that push.”

-End-

More about PETRONAS

Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. It was established in 1974 and is the custodian for Malaysia’s national oil and gas resources.

2 pictures enclosed:

Hull Performance Guarantee Signing Ceremony - from left to right, Mr. Ahmad Adly Alias, VP LNG Marketing & Trading, Mr. Hanafi Jamal, GM Fleet management, Mr. Vincent Tan, GM Jotun Paints (Malaysia) Sdn Bhd, Mr. George Lim, Regional Marine Director SEAP.

For more information:

www.jotun.com

Morten Sten Johansen
Regional Sales Director HPS - Asia & Pacific
Jotun (Singapore) Pte Ltd
Singapore 637236
Mobile:+6596600378,Direct:+6565088288
E-mail:msj@jotun.com

Sonya Natasya Rashid
Head, Stakeholder Management
LNG Marketing & Trading
Upstream, PETRONAS​
E-mail: sonya_natasya@petronas.com.my

Siri Moldestad Sanna
Global Marketing Communication Manager
Mobile: +47 90132780,Office: +47 334 57000
E-mail: siri.sanna@jotun.no

Jotun is one of the world's leading manufacturers of decorative paints, marine, protective and powder coatings. The Group has
63 companies and 37 production facilities on all continents, and more than 9800 employees. Jotun products are available in more than 100 countries through own subsidiaries, joint ventures, agents, branch offices and distributors. The Jotun Group’s sales in 2015 was NOK 16.3 billion. The Jotun Group is organised into four segments and seven geographical regions, and
has its head office in Sandefjord, Norway.

Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. It was established in 1974 and is the custodian for Malaysia’s national oil and gas resources.