Seapath and Pilot LNG have formed a joint venture to develop, construct, and operate the first dedicated liquefied natural gas (LNG) bunkering facility in the Galveston Bay area, on the US Gulf Coast.
Prices for LNG have dropped below that of very low sulphur fuel oil (VLSFO) and sales volumes have jumped significantly as owners switch back natural gas.
Japan has launched its first dual-fuel LNG bunkering vessel which is part of an effort to develop the country’s supply chain and bunkering capabilities.
Nantong CIMC Sinopacific Offshore & Engineering, subsidiary of CIMC Enric has signed contracts with Seaspan ULC of Canada for two 7,600 cu m LNG bunkering vessels plus an option for one additional vessel.
Fratelli Cosulich has ordered an LNG bunkering vessel for $45m in China.
The Maritime & Port Authority of Singapore (MPA) has awarded a third LNG bunkering license to Total Marine Fuels.
Singapore’s first LNG bunker tanker has become commercially operational on Tuesday and is ready to supply LNG as a marine fuel.
Malaysia’s Petronas and Japan’s Jera Co, Inc. have signed a memorandum of understanding (MOU) to explore the use of alternative bunker fuels such as LNG, ammonia and hydrogen.
The world’s largest LNG-powered bulk carrier HL-Green has completed its first LNG bunkering in Malaysia in operation, arranged by Peninsula Petroleum with Petronas Marine.
Bunker supplier Peninsula Petroleum has launched an LNG bunkering business as a growing number of its customers take delivery of dual-fuelled vessels.