ALTERNATIVE FUELS GREENPORT

Ship-to-ship bunker contract

12 years ago

LNG supply for ships operating in the Gothenburg area has taken a step forward for the long-term by the signing of a new agreement between North European Oil Trade (NEOT) and Skangass.

Skangass sees the future of LNG bunkering being largely ship-to-ship

The agreement is said to be one of the first ship-to-ship bunker contracts for LNG in Europe.

Tor Morten Osmundsen, CEO, Skangass, said: “LNG has a fantastic potential and we are determined to further develop the infrastructure to serve the market with LNG in an attractive way.”

This, he added, is why Skangass offers LNG supplied to marine customers by truck-to-ship, terminal-to-ship and ship-to-ship, whichever is best suited.

In this case, the newly signed contract involves the service of NEOT’s two new charter vessels which will enter into operation in 2016

Mr Osmundsen pointed out that for this reason a ship-to ship supply of LNG is the logical development for bunkering of LNG in the future as more vessels switch to using it.

It also negates the safety issues and regulatory issues associated with refuelling at terminals.

Skangass said that the agreement with NEOT further confirms the increase in demand for LNG which is largely down to its price is remaining competitive. No doubt the driving force of the Baltic Sea sulphur emission control area (SECA) coming into force in January 2015 is also helping to fuel demand too.