In this issue

 

Free ReadEnergy major Total and shipping firm Mitsui O.S.K. Lines (MOL) have inaugurated the world’s largest LNG bunker vessel, the Gas Agility. The giant refuelling ship began operations this month with…
State-owned oil and gas company Petroliam Nasional Berhad (Petronas) has completed the first commercial LNG bunkering operation in Malaysia
Engineering group Mitsubishi and industrial gases specialist Air Water have launched a trial of a novel compact LNG filling system, designed to serve fuel heavy trucks.
Free ReadA third of ports in Europe have made LNG bunkering available, according to a new study by the European Sea Ports Organisation (ESPO). The organisation’s 2020 environmental report covers more…
Thursday, 19 November 2020
Shipping group NYK Line has launched Japan’s first pure car and truck carrier (PCTC) to be fuelled by LNG, as part of a fleet-wide revamp.
Thursday, 19 November 2020
Japan’s largest LNG-powered vessel, the Sakura Leader, has been refuelled in the country’s first Ship-to-Ship LNG bunkering operation.
Shipping line CMA CGM has welcomed the world’s largest LNG-fuelled container ship to its fleet, the Jacques Saade.
Free ReadAuthorities in Singapore have called for bids from LNG bunker firms to expand refuelling infrastructure across the island state. The Maritime and Port Authority of Singapore (MPA) issued a request…
Thursday, 19 November 2020
The International Association of Ports and Harbors (IAPH) has published a new LNG Ready Terminal tool, providing guidance for safe handling of LNG-fuelled vessels.
Classification society the Korean Register of Shipping (KR) has opened a new LNG bunkering simulation centre in Busan, South Korea.
Fuelling specialist FueLNG has named Singapore’s first LNG bunkering vessel, FueLNG Bellina, ahead of first scheduled operations by the end of the year.
Thursday, 19 November 2020
Free ReadSouth African fuel firm DNG Energy has received approval to commence LNG bunkering in the Port of Coega, South Africa from 2021. The authorization marks the first such license issued…
Thursday, 19 November 2020
Energy major Total has signed contracts to charter four new LNG-powered Aframax-type vessels by the end of 2023.
LNG project development firm Epik is to add bunkering services to its proposed Newcastle GasDock LNG import terminal in Australia.

News Nudges

LNG spot prices drive fuel uptake

Demand for LNG as a martime transport fuel is growing in Asia on the back of lower prices. Data from Refinitiv Eikon suggests LNG spot prices are roughly $131 per tonne less than very low sulphur fuel oil on average across 2020. Analysts predict that while the gap is set to widen as more supply hits the market over the next few years.


Rotterdam LNG bunker fleet rises to nine

Authorities at the Port of Rotterdam report that a total of nine LNG bunker vessels operate in the port area. “The introduction of these new LNG-powered vessels supports the Port Authority’s ambition to serve as a key hub in the import, export, storage and bunkering of LNG,” a spokesperson for the port said. Between them the nine ships are forecast to bunker 300,000 cubic metres of LNG per year.


GTT orderbook grows

LNG specialist GTT has reported that consolidated revenues were up 53% for the first nine months of 2020, boosted by demand for LNG carriers. "With a total of 38 orders booked since the start of the year for all segments taken together, GTT's commercial activity continue to progress at a firm pace, and LNG demand is maintaining its upward trend, driven by Asia,” Philippe Berterottière, CEO of GTT, said. In addition to 12 LNG carriers booked during the first half of the year, a further 6 orders were booked in the third quarter of 2020, this included an order for 10 ice-breaker LNG carriers. The firm also announced that the Korea Fair Trade Commission had concluded a hearing into the firm’s commercial practices with Korean shipyards. “GTT and its counsels participated in this hearing and previously responded in writing to the preliminary conclusions set out by the Examiner Report. GTT will keep the market informed about the KFTC decision when released,” a spokesperson for GTT said.


MAES adds Londerzeel LNG lanes

Belgium fuel retailer MAES has added LNG fuelling lanes at its MAES Londerzeel site. The firm also announced the introduction of Hydro treated Vegetable Oil (HVO100) fuel at its filling stations in Londerzeel and Ruisbroek, Belgium. The fossil-free fuel marks a first for the firm and provides a high-end diesel substitute. The firm states that HVO100 is the most sustainable fuel for diesel vehicles with 89% less CO2, 30% less particulate matter and 9% less nitrogen oxide as compared to regular diesel.