In this issue

 

Free ReadThe Gothenburg Port Authority has launched a new bunkering app to ease the use of LNG bunkering at the Energy Port on the west coast of Sweden.  The digital solution…
Norwegian shipping line Knutsen OAS has selected Finnish equipment manufacturer Wärtsilä for the supply and installation of an integrated LNG propulsion and cargo handling solution on a newbuild vessel. 
Singaporean tanker operator AET has completed the first ship-to-ship (STS) LNG bunkering of its newest Aframax tankers at the port of Rotterdam in the Netherlands. 
Free ReadLNG-fuelled container feeder vessel Wes Amelie has completed a world first ship-to-ship refuelling operation, having bunkered with the world’s largest LNG supply vessel Kairos in Sweden.  The operation was completed…
The world’s first LNG-fuelled icebreaker vessel, Polaris, has completed bunkering operations in Finland, ahead of planned operation in the Arctic. 
Infrastructure provider BUA Group is to utilise LNG fuel to power a new cement production facility under construction in Nigeria. 
Joint venture bunker specialist FueLNG has completed its 100th LNG bunkering operation in Singpaore, setting “a new industry milestone” for the island state. 
Free ReadSingapore state-owned developer Pavilion Energy has chartered its first LNG bunker vessel for the supply of LNG in the Port of Singapore.  The vessel is the largest LNG bunker vessel…
The global LNG-fuelled fleet is set to double by 2022, as demand for bunker fuel grows ‘significantly’, according to research by The Oxford Institute for Energy Studies (OIES). 
Thursday, 31 January 2019
The board of directors of Russian national energy firm Gazprom has backed plans to support new LNG bunkering investment in line with expected growth in LNG consumption. 
LNG bunker vessel Coral Methane has completed its first ship-to-ship refuelling operation, in Tenerife in the Canary Islands. 
Free ReadFollowing a tipping point for LNG as a marine fuel last year, industry demand is expected to increase sharply in 2019, according to multi-sector coalition SEA\LNG.  In an outlook statement SEA\LNG…
Thursday, 31 January 2019
Spanish fuel specialist HAM Group has opened the first LNG fuelling station in Extremadura, in western Spain. 
Thursday, 31 January 2019
LNG equipment developer LIQAL has secured a contract for turnkey realization of an LNG refuelling station in Heverlee, Belgium. 

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.