In this issue

 

Singapore LNG Corporation (SLNG) has signed an agreement with Pavilion Energy to deliver LNG storage and reload services on Jurong Island, Singapore.
Renewable developer BayWa Energy has partnered with Volkswagen Group to launch a new LNG filling station for trucks in Wolfsburg, Germany.
Shipping line Stena Bulk has unveiled plans for a prototype product and chemical tanker, capable of running on LNG and reducing greenhouse gas emissions by more than 25%.
Free ReadThe Pilbara Ports Authority (PPA) in Western Australia has signed the country’s first ship-to-ship LNG bunkering services licenses with engineering firm Woodside Energy.  The PPA executed non-exclusive licences with Woodside…
Thursday, 18 June 2020
The Maritime & Port Authority of Singapore (MPA) has issued two new bunker supplier licenses, including provisions for dual-fuelled bunker barges
Nordic energy group Gasum has completed the first LNG bunkering operations for the vessel Sleipnir, the largest semi-submersible crane vessel in the world.
Thursday, 13 February 2020
Free ReadStandards agency DNV GL has launched a new online bunkering platform for LNG, designed to streamline the process from purchasing to delivery. The FuelBoss system provides a single common platform…
Fuelling systems specialist Alternoil has commissioned the largest LNG vehicle fuelling station in Europe, near the city of Bakum in Germany.
Developers of an LNG terminal project in Northern Germany have completed the pre-qualification process to select tenders, paving the way for a final decision within the coming months.
Finnish state-owned gas company Gasum has completed the 200th ship-to-ship LNG bunkering operation from its vessel Coralius.
Thursday, 13 February 2020
Free ReadJapanese shipping line Nippon Yusen Kaisha (NYK) has doubled down on plans to deploy LNG as a fuel in its fleet, announcing its second LNG-fuelled pure car and truck carrier…
Power system manufacturer MAN Cryo has signed a supply contract with Swedish shipping line Wallenius SOL for the provision of LNG fuel-gas supply systems for two newbuild RoRo vessels.
Thursday, 13 February 2020
National gas utility GAIL India has begun trucking imported LNG from Gujarat to Odisha to meet fuelling demand in the eastern Indian state.
Free ReadThe first ship-to-ship bunkering of a cruise ship has been carried out by Nordic energy group Gasum, paving the way for wider uptake of the fuel on international routes. The…

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.