In this issue

 

Free ReadShipping firm Seaspan Ferries Corporation (SFC) has launched a new LNG-fuelled ferry and completed first bunkering operations at its SFC Tilbury Terminal in Delta, British Columbia, Canada. The Seaspan Swift…
Fuelling specialist and developer LNG Gorskaya is to build an LNG bunker station in the port of Mõntu, in western Estonia.
South Korean utility Korea Gas Corporation (Kogas) is to invest US$9 million to develop LNG bunkering infrastructure at Tongyeong, in South Gyeongsang Province, South Korea.
Energy investment company Risco Energy Group has signed a joint venture agreement with fuelling specialist Atlantic, Gulf and Pacific (AG&P) to develop small to mid-scale LNG terminals and supply chains…
Free ReadShipping firm DEPA and ferry operator Attica Holdings have signed a memorandum of understanding (MoU) to study the use of LNG fuel to power passenger ships in Europe. The collaboration…
A consortium consisting of ExxonMobil, Babcock International Group, Bernhard Schulte Ship Management (BSM) and Calor Gas has signed a memorandum of understanding with the Orkney Islands Council to develop LNG…
Vessel design firm LMG Marin is to design the first LNG-fuelled ferry to operate in the Mediterranean Sea.
Thursday, 01 December 2016
Free ReadAuthorities at the port of Rotterdam in the Netherlands have opened a new dedicated berth for LNG bunker vessels. Located at the Gate terminal in the north of the port…
Innovative approaches to the development of small- to mid-scale fuelling infrastructure is vital for LNG to become the fuel of choice in future, Derek Thomas, head of advanced research at…
The PERFECt fuel consortium has moved into its second phase of development exploring the use of combined gas and steam turbine (cogas) systems for container vessels and expects to deliver…
LNG equipment manufacturer Cryostar has announced the provision of a complete LNG solution for two fuelling station in France operated by industrial gas supplier Air Liquide.
Free ReadShipping firm Pasha Hawaii is to expand its fleet with two newbuild LNG-fuelled vessels. The containerships will each have capacity of 3,400 TEU and the first is scheduled for delivery…
French energy firm Engie is to partner with Finnish engine manufacturer Wärtsilä to develop a variety of solutions for LNG fuelling and distribution.
Authorities at the Port of Barcelona have announced plans to boost the use of LNG as a transport fuel at the port.

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.