In this issue

 

Authorities in Singapore and Japan are to collaborate on a new joint study examining the potential for LNG as a fuel for car carriers.
Free ReadNorwegian transport fuel specialist Cryo Shipping has announced plans to develop LNG bunkering infrastructure and services in Northern Norway. The firm plans to introduce short-sea shipping services for the transport…
LNG shipping company Golar LNG has announced that it expects to conduct the first LNG bunkering with the floating liquefied natural gas vessel (FLNG) Hilli Episeyo in mid-September.
Dry bulk carrier ESL Shipping has launched the first LNG-fuelled handysize bulk carrier Viikki at the Jinling shipyard in Nanjing, China.
Low carbon specialist Cenex is to partner with French LNG fuelling firm Air Liquide to trial a fleet of gas-powered heavy-goods vehicles across the UK as part of ongoing research…
Free ReadGas specialist LNG Rolande and authorities at Gate terminal in Rotterdam have completed refuelling of the first LNG-powered truck at the site. Rolande oversaw the refuelling of the IVECO Stralis…
Oil and gas major Shell has concluded a time charter agreement with inland transportation firms Victrol NV and Compagnie Fluviale de Transport (CFT) for a new LNG bunkership.Oil and gas…
The U.S. Coast Guard (USCG) has issued a policy letter warning marine operators about the risks associated with simultaneous LNG bunkering activities, or SIMOPS.
Free ReadAuthorities at Port Fourchon in Texas have announced plans to develop a 150-acre LNG facility, with capacity to refuel next generation vessels operating in the Gulf of Mexico.  The Greater…
Thursday, 24 August 2017
Spanish shipbuilder Astilleros Gondán has delivered a third LNG-fuelled escort tug, Audax, to Norwegian shipowner Østensjø Rederi. 
Fuelling specialist JAX LNG has received approval for its plans to construct a Fuelling specialist JAX LNG has received approval for its plans to construct a waterfront LNG bunkering facility in Jacksonville. 
The Spanish Port Authority of Ferrol-San Cibrao is to collaborate with gas specialist Reganosa to develop LNG bunkering capacity.
Free ReadSouth Korea’s Incheon Port Authority (IPA) has reported fuel savings of up to 24% from its LNG-powered vessel Econuri. According to the IPA’s calculation, over a journey of 1,643 kilometers…
Shell’s first LNG bunkering vessel, Cardissa, has arrived at its home port of Rotterdam, docking for the first time at the Yukonhaven terminal.

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.