In this issue

 

Free ReadResearch consortium BioLNG EuroNet has announced plans to expand LNG infrastructure across Europe with investment in LNG trucks, refuelling stations and a BioLNG production plant.  The consortium, which includes Shell,…
Thursday, 31 January 2019
Free ReadKorean shipbuilder Daehan Shipbuilding (DHSC) has received accreditation for a new LNG-fuelled Aframax tanker design.  The 115,000 deadweight-tonne tanker design received Approval in Principle from standards agency DNV GL, paving…
Thursday, 31 January 2019
The Maritime and Port Authority of Singapore (MPA) is to ban open-loop scrubbers, providing a boost for LNG-fuelled vessels in the country. 
Fuel specialist Eagle LNG has completed first bunkering operations of the Taino, the world’s first LNG-powered combination container/roll-on, roll-off (ConRo) vessel. 
Thursday, 01 November 2018
Free ReadThe International Maritime Organization (IMO) has adopted an amendment to its forthcoming 0.5% limit on sulphur in ships fuel oil, designed to prohibit the carriage of non-compliant fuel oil.  The…
Estonian shipping company Tallink Grupp has signed a Letter of Intent with Rauma Marine Constructions (RMC) for the construction of a new LNG-fuelled ferry for its Tallinn-Helsinki route. 
Thursday, 01 November 2018
Finnish energy group Gasum has acquired partner Lyse Group’s share in LNG joint venture Skangas, increasing its shareholding to 100%. 
Free ReadSwedish vehicle manufacturer Scania has introduced the world’s first LNG-fuelled long-distance coach.  The Scania Interlink Medium Decker coach features operational range of up to 1,000 kilometres and is claimed to…
Gibraltese shipyard Gibdock is to retrofit the vessel Napoles to run on LNG fuel on behalf of ferry line Baleària. 
Norwegian shipowner Havila Kystruten has contracted engineering group Rolls-Royce to supply power and propulsion systems for four newbuild LNG-fuelled Ro-Pax vessels currently under construction. 
Standards agency DNV GL and Dalian Shipbuilding Industry Company (DSIC) have signed a joint development project agreement to develop a new LNG-fuelled ultra large container vessel (ULCV). 
Thursday, 01 November 2018
Free ReadLNG development consortium the Green Corridor Joint Industry Project (JIP) has concluded work to design an LNG-fuelled Newcastlemax for transport of iron ore and coal from Australia to China.  The…
Thursday, 01 November 2018
Chinese gas distributor ENN Energy has ordered China’s first seagoing LNG bunker vessel. 
Russian state-run shipping company Sovcomflot has completed the maiden voyage of its LNG-fuelled crude oil tanker Gagarin Prospect. 

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.