In the port of Rotterdam is rewarding ships that score high on the Environmental Ship Index (ESI) receive a discount on seaport dues already paid, for example LNG-fulled vessels.
Belgian region of Flanders plans to remove road taxes for cars fuelled by natural gas or run on electricity, and registration taxes will also be scrapped, and Spain is expected to follow.
American trucking logistics company Ryder System and filling station supplier Clean Energy Fuels will switch two Ryder stations in Orange and Fontana in the US West Coast state of California to Clean Energy’s Redeem brand biomethane fuel.
The Government of Gibraltar has signed a heads of agreement on supply of LNG from Shell’s small scale LNG terminal and storage facility on the North side of Gibraltar Harbour
Dutch LNG filling station provider Cryonorm has started construction on an LNG filling station at a site owned by logistics service provider Rotra in Doesburg, Netherlands. The project is a joint venture of Rotra Forwarding in Doesburg and Cryonorm Systems.
US LNG marketer and producer Applied LNG held an official ribbon cutting ceremony late last month for its LNG filling station and liquefaction facility in Midlothian, 25 miles southwest of the city of Dallas.
Exhibiting at Gastech conference in Singapore, class body ABS said it had approved a Chinese Gas-Block (CGB) offshore terminal and bunkering concept. ABS was separately selected to class WesPac Midstream LLC and Clean Marine Energy’s American LNG bunker barge.
French class body Bureau Veritas has granted an AIP to French LNG containment manufacturer GTT for an LNG bunker tanker design. It has separately released a new notation for LNG bunkering tankers.
DNV GL and its partners have released a technical and economic feasibly study for an LNG-fuelled, turbine-driven Ultra Large Container Vessel (ULCV).
Shanghai-based offshore finance and services provider Landmark Capital has invested in Norwegian company Connect LNG, which in June unveiled a mobile LNG loading system.
The realisation of the LNG filling station in Utrecht, the Netherlands, on October 20 was part of the EU-funded 'LNG4Haul' project, which will see five LNG stations for trucks installed in the country.
Future LNG ConRo ship operator Crowley Maritime Corporation this week has christened the first of four new product tankers for US coastal operation, the first tanker to feature ABS “LNG ready” notation.
Woodside plans LNG truck loading facility expansion
Australian oil and gas company Woodside Energy is reportedly planning to quadruple the size of its Pluto LNG truck loading facility, following the signing of its first customer this week. Sheffield Resources signed an agreement for the equivalent of five terajoules of LNG per day for 15 years as part of the Thunderbird mineral sands project. Woodside plans to expand its LNG truck-loading operations at Pluto to extend its virtual pipeline concept serving mines in the region.
India makes headway on LNG infrastructure
Authorities in India are to introduce close to 20 LNG fuelling stations on some of the country’s main heavy transportation routes next year, according to energy major Petronet LNG. Tenders are currently under consideration with the aim to establish a pilot project base of some 5,000 LNG-fuelled trucks travelling five leading national highways. “Following its successful experiment, this exercise would have a repeat in subsequent year of 2020 for another estimated 5,000 trucks that can run on national highways on LNG with a fuel cost saving of nearly 25 percent as well effectively addressing the issue of fuel pollution,” V. K. Mishra, director at Petronet, said. Indian manufacturers including Tata and Mahindra are also expected to produce LNG-fuelled vehicles and buses helping to drive demand growth.
Study points to “strong investment case” for LNG
A study commissioned by industry coalition SEA\LNG has revealed a strong investment case for LNG as a marine fuel in the container shipping market. The research analyses usage for a newbuild 14,000 TEU container vessel operating on an Asia-US West Coast (USWC) liner routing and compares six fuel pricing scenarios. “The study unequivocally shows that for this vessel type, on this trade route, LNG as a marine fuel delivers the best return on investment on a net present value (NPV) basis over a conservative 10-year horizon, with fast payback periods ranging from one to two years,” Peter Keller, Chairman of SEA\LNG, said. The study was produced by independent simulation and analytics firm Opsiana and indicates that LNG provides a greater ROI than alternative compliance solutions, including the installation of Exhaust Gas Cleaning Systems (EGCS), or scrubbers, across 5 out of 6 of the fuel scenarios explored. It also reveals a diminishing CAPEX hurdle, competitive energy costs, the stability of LNG pricing, and the realistic cost of scrubbers.