In this issue

 

A consortium of fourteen leading marine industry companies have formed a new coalition, known as SEA/LNG, to support the widespread adoption of LNG as a fuel in the sector.

LNG technology specialist GTT has received Type S (Special Tasks) approval classification for its LNG Bunkering Simulator, the first system of its type related to the simulation of LNG Bunkering operations.

Japanese transport company Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract  with Gas Sayago for a floating storage and regasification unit (FSRU) project that will support LNG bunkering operations in Uruguay.

New analysis of LNG fuelling operations and potential LNG bunker volumes at the port of Antwerp suggests relatively slow growth rate up to 2025.

Technology research and advisory company Technavio has called the construction of new LNG fuelling infrastructure ‘essential’ to support the growth of the fuel in the maritime sector.

Cross-border LNG project Poseidon Med II has carried out  an on-site survey of Patras Port in Greece as part of a recent workshop aimed at boosting the acceptance of LNG as a fuel for shipping.

French LNG solutions provider Axègaz has been greenlit by the European Commission for €27.8 million in funding to develop its LNG Motion project, which will support the roll-out of LNG fuelling stations for road transport in Europe.

Marine certification agency DNV GL has issued guidance to the EU around methods to support wider adoption of LNG as a marine fuel in Europe.

Thursday, 14 July 2016

The Maritime and Port Authority of Singapore (MPA) has announced new measures to support the development of LNG fuelling and bunkering within Singapore and the wider maritime community.

The coordination committee of the EU’s Connecting Europe Facility (CEF) has approved funding of €15 million that will help expand LNG bunkering networks across the Baltic region.

Collaborative LNG association Gainn is to launch testing of a novel LNG engine designed to power high-speed vessels.

Italian vehicle manufacturing company, Iveco and German energy company, Uniper, have opened Germany’s first LNG truck fuelling station in Ulm in the south of the country.

Marine infrastructure firm Keppel Corporation (KCL) and energy major Shell have signed a joint venture agreement to develop LNG bunkering in Singapore.

The first shipment of LNG has arrived at Finland’s Pori LNG bunker station and terminal, paving the way for regional growth in the fuel.

News Nudges

Cochin Eyes role as LNG bunker hub

The port of Cochin in India is reportedly set to develop its role as a global bunker destination, according to discussion held at the International Bunkering Conference. Authorites at the Cochin Port Trust and the Indian Customs, Central Excise and Service Tax department discussed challenges in “bunker sales and bunkering business” in India and hailed the Cochin Port model for its promotion of LNG bunkering trade. The Port Trust also called for further facilitation of floating bunker storage. Located on the Laccadive Sea, Cochin Port is a major Indian Ocean port and one of the largest ports in India.


Engie, AES sign LNG joint venture

Fuel specialists ENGIE AND AES have entered a joint venture to market and sell LNG to third parties in Central America. The venture operate via the Costa Norte LNG terminal in Colón, Panama. The terminal is currently under construction and is jointly owned by AES and Inversiones Bahía. It will have capacity of approximately 1.5 million tonnes of LNG per annum. ‘This joint venture further strengthens the joint marketing agreement signed by Engie and AES late last year, whereby both groups agreed to jointly market LNG in the Caribbean, from AES’ Andres regasification facility in the Dominican Republic,’ Engie said in a statement.