In this issue

 

Free ReadShipping association the Baltic and International Maritime Council has adopted new standard Bunker Terms that are expected to boost harmonisation across the shipping industry.  The revised contract aims to “reduce…
Advanced infrastructure for drydocking and modification work in Singapore is set to boost the island-state’s role as a regional LNG hub, according to the American Bureau of Shipping (ABS). 
Russian oil major Gazprom Neft has announced plans to construct the country's first LNG bunker barge by 2020. 
Free ReadShipping line Sinanju Tankers has placed an order for Singapore’s first LNG-fuelled bunker tanker.  The order was placed through Sinanju’s partner for the project, Japanese conglomerate Mitsui Group, and the…
Cryogenic storage specialist Chart Ferrox has been awarded a contract to develop Croatia’s first LNG vehicle fuelling station. 
A consortium of Japanese industrial firms has committed to a joint study on ship-to-ship LNG bunkering in Tokyo Bay. 
Thursday, 22 February 2018
The sale of LNG bunker fuel at the port of Rotterdam increased over ten-fold year-on-year in 2017, according to the latest figures from the port authority. 
Free ReadFuel supplier Nauticor has completed the first LNG bunkering operations for the dual-fuel dredger vessel Scheldt River at Brunsbüttel Port, Germany.  The trailing suction hopper dredger was loaded with approximately…
Engineering component supplier Hexagon Composites has been awarded a contract to supply fuel storage tanks for a newbuild LNG supply vessel being built for Babcock Schulte Energy. 
Increases in maintenance costs associated with exhaust gas scrubber systems may give a boost to demand for LNG fuel, according to underwater repair specialist Hydrex. 
Free ReadGlobal energy company Gazprom has announced plans to build two small-scale LNG production facilities to provide fuel for locomotives operated by Sverdlovsk Railway in Russia.  The firm signed a cooperation…
LNG specialist Crowley Fuels has signed a multi-year supply contract with a major pharmaceutical company in Puerto Rico. 
Thursday, 22 February 2018
India’s ruling party has backed measures to drastically upscale LNG imports in the country and drive wide spread adoption of the fuel for transport. 
Thursday, 08 February 2018
Cross-sector industry coalition SEA\LNG has launched a new online tool to map the LNG bunkering infrastructure landscape worldwide. 

News Nudges

2021 a ‘defining year’ for LNG

Research consultancy Wood Mackenzie predicts that 2021 will be a ‘defining year’ for the LNG industry as policymakers drive forward change around the globe. “Decarbonising natural gas will become a strategic priority for the gas industry,” Massimo Di Odoardo, vice president at Wood Mackenzie, said. “Following a raft of LNG project cancellations last year, current high prices will have emboldened LNG developers. However, for new projects to be developed, contract activity will need to pick up. Buyers will be looking to assess their portfolio requirements and just how comfortable they are in committing for new long-term firm LNG vs increasing their spot market exposure.”


Titan, NYK sign Green Zeebrugge charter agreement

Fuel specialist Titan LNG and shipping firm NYK Line have signed a charter agreement for the LNG bunker vessel Green Zeebrugge. The agreement will see Titan LNG charter the vessel from February for the bunkering of LNG in the Amsterdam-Rotterdam-Antwerp (ARA) region. “We are excited to announce the chartering of the Green Zeebrugge. January has proven exceptionally busy, underlining the timeliness of our decision to secure this additional capacity. Titan LNG carried out seven LNG operations during one weekend, three of which were to large crude shuttle tankers from Equinor, a term contract partner of Titan’s. Using the Green Zeebrugge we were able to ensure safe and timely deliveries to all the vessels,” Michael Schaap, Commercial Director at Titan LNG, commented.


Venice LNG facility gains approval

Authorities in Italy’s Veneto Region have approved plans for the construction and operation of a new LNG terminal and bunkering infrastructure. Supported by the North Adriatic Sea Port Authority and co-financed by the European Commission under the CEF (Connecting Europe Facility) initiative the Venice LNG Facility represents €18.5 million investment and is expected to include significant LNG bunkering infrastructure.


Wärtsilä Extends Golar dual-fuel maintenance agreement

Engine manufacturer Wärtsilä has signed a agreement with Golar Management Norway for maintenance on 16 dual-fuel LNG carriers. The five-year extension contract includes four vessels with Wärtsilä 50DF dual-fuel engines and two with 34DF and Wärtsilä 20DF dual-fuel engines. “We are pleased to continue our long-term partnership with Wärtsilä with this service agreement extension. Wärtsilä’s digital remote support capabilities have proved to be of great value for us, saving both time and costs by often eliminating the need to have service people sent onboard in person.” Øistein Dahl, Managing Director of Golar Management Norway, said. The agreement includes dynamic maintenance planning and asset diagnostics, under a predictive maintenance strategy and is complimented by round-the-clock remote support and advice from Wärtsilä Expertise Centres.