In this issue

 

Belgian marine engineering group DEME has placed an order with Dutch shipyard Royal IHC for the world’s first LNG-fuelled Cutter Suction Dredger – Spartacus

The Croatian government has received  €102 million in funding from the European union to build an LNG terminal on the Adriatic island of Krk. 

French energy firm Fosmax LNG has issued a call for expressions of interest to develop further LNG fuelling infrastructure around its existing Fos Cavaou terminal near Marseille. 

Global bunker fuel cost may rise by as much as US$60 billion per year from 2020, according to research by consultancy Wood Mackenzie. 

Swedish equipment manufacturer Alfa Laval has expanded its test and training centre in Aalborg, Denmark as part of an effort to research new gas combustion and LNG fuelling  technology. 

Mobile units for use in offshore wind construction projects may represent a new area of growth in the development of LNG-fuelled transport solutions, according to research by Dutch engineering firm GustoMSC. 

Thursday, 23 February 2017

The International Standards Agency (ISO) has issued new LNG bunkering guidelines that promise to improve processes and help drive uptake of the fuel across the shipping sector. 

French energy firm Engie along with Fluxys, Mitsubishi Corporation and NYK Line has taken delivery of the first purpose-built LNG bunkering vessel from Korean shipbuilder Hanjin Heavy Industries & Construction. 

Spanish shipping line Baleària plans to invest €450 million in LNG-fuelled vessels and intelligent terminals as part of a strategic upgrade programme over the next five years. 

Thursday, 23 February 2017

Industry consortium SEA\LNG has added three new members to its coalition as part of its mission to “break down the barriers” to LNG uptake and establish LNG fuel as an economically viable alternative to fuel oil. 

Fuelling specialist Evol LNG has completed the first commercial LNG bunkering operations in Western Australia’s north-west, having refuelled vessels at King Bay Supply Base and Fremantle Port. 

Chinese equipment manufacturer CIMC Enric is to deliver two storage tanks for an ambitious LNG refuelling project in Zhoushan, eastern China. 

Thursday, 23 February 2017

LNG specialist Skangas has signed a contract with Finnish waste management company Stormossen to deliver LNG fuel to a biogas station in Vaasa. 

A consortium of  energy, shipping and mining companies has launched a joint study into the commercial feasibility of using LNG to fuel future Capesize bulk carriers. 

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.