Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

titanLNG.jpg Photo: Titan LNG

Titan LNG secures $12.6m EU funding to expand bio-LNG project

Titan LNG has secured an EU grant scheme of EUR11m ($12.6m) to develop and expand its bio-LNG (BLNG) project with the addition of three bunker barges.

The grant comes under the EU Connecting Europe Facility (CEF), a grant scheme supporting transport infrastructure, connectivity and the switch to greener fuels for transport.

“Our project Bio2Bunker develops and expands a BLNG bunkering supply chain by introducing three bunker barges in Zeebrugge, Rotterdam, and Lübeck. The bunker barges in Belgium and Germany will be similar to our two existing FlexFuelers with demonstrated operational advantages. For the Amsterdam-Rotterdam-Antwerp region we will construct a mothership, the Titan Hyperion, that will resupply our FlexFuelers,” Titan LNG stated.

Shipping players have a handful of options in terms of choosing which marine fuel to use for the future: run on marine gas oil (MGO), heavy fuel oil with scrubbers, or go for BLNG, a proven alternative fuel that is scalable.

“Titan LNG believes that LNG-fuelled ships are future proof. LNG combined with BLNG and later synthetic liquefied gas (SLG), made by combining green hydrogen and CO2, offer a credible and cost competitive path to decarbonisation whilst immediately improving local air quality,” Titan LNG said.

“We are thankful that the EU shares our vision and offers this support for overcoming the barriers to scaling up BLNG as a fuel,” it added.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

ST876SEA Leaderboard - 728 x 90 (2).jpg