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KOGAS to start full-scale LNG bunkering business with Shell at Rotterdam

Volume of LNG used as bunker fuel will rise to about 30 million tons worldwide and 1.4 million tons in Korea by 2030, forecasts Korea Gas Corporation.

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세계 최대규모인 18000㎥급 벙커링선인 케이로터스K.Lotus호가 지난주 네덜란드로 출항했다

Korea Gas Corporation (KOGAS) on Tuesday (22 March) said it has received the world’s largest liquefied natural gas (LNG) bunkering vessel K.Lotus from Hyundai Mipo Dockyard on 16 March.

The vessel has been chartered to Shell and is now en route to Rotterdam, the Netherlands where it will supply LNG as a bunker fuel to large LNG-powered ships such as container ships and tankers via ship-to-ship transfer.

The 18,000 m3 capacity K.Lotus is owned by KLBV 1, a joint venture between KOGAS (40%) and Korea Shipping (60%) .

KOGAS President Chae Hee-Bong said his company will use the experience gained from operating K.Lotus to support Korea’s domestic LNG bunkering market and understand more about the LNG bunkering business.

“I will do my best to not only expand KOGAS’ new growth energy business by securing advanced operational know-how for the LNG bunkering business, but also build an industrial environment that grows together with domestic private companies in the transport energy sector,” said Chae.

He notes KOGAS subsidiary Korea LNG Bunkering has started domestic Truck to Ship (TTS, Truck to Ship), Port to Ship (PTS, Port to Ship), and STS (Ship to Ship, Ship to Ship) LNG bunker deliveries since last year.

KOGAS expects the amount of LNG used as bunker fuel will rise to about 30 million tons worldwide and 1.4 million tons in Korea by 2030.

한국가스공사가 LNG 벙커링선 케이로터스K.Lotus호를 현대미포조선으로부터 인도받아 글로벌 에너지 기업 쉘Shell에 용선했다

Related: Hyundai Mipo builds “K. LOTUS”, the world’s largest LNG bunkering vessel
Related: South Korea government to exempt LNG import levies in support of LNG bunkering
Related: KOGAS joint venture appoints Hyundai Heavy Industries to build LNG bunker vessel
Related: South Korea: Ministries unveil initiative to advance green tech for shipping & marine fuel
Related: Korean Register introduces LNG Fuel and Bunkering Simulation Center in Busan
Related: Argus Media: South Korea’s revised gas law promotes LNG bunkering
Related: Korea Gas Corporation forms consortium to establish LNG bunkering joint venture
Related: South Korean government opens tender to endorse LNG bunker tanker building project
Related: South Korea to invest $3.4 billion to support LNG bunkering sector
Related: KOGAS signals intent to improve LNG bunkering capacity
Related: KOGAS and Busan Port enter LNG bunkering study
Related: South Korea: KOGAS supports push for LNG bunkering
Related: Korean government eases regulation for LNG bunkering

 

Photo credit: Korea Gas Corporation
Published: 25 March, 2022

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Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Following the successful deployment of “ONE Singapore” and its sister vessels, “ONE Solidarity” will be deployed on the Mediterranean Pacific South 2 (MS2) service.

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Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Singapore-based container shipping company Ocean Network Express (ONE) on Thursday (3 July) said it celebrated the maiden voyage of containership ONE Solidarity as the ship made its first-ever arrival in Shekou, China. 

“As one of our S-series methanol and ammonia ready container vessels, ONE Solidarity is another demonstration of ONE’s commitment to sustainable shipping,” the company said in a social media post. 

Following the successful deployment of ONE Singapore and its sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific South 2 (MS2) service. 

“Her deployment will boost our service capacity, ensuring faster, more reliable, and highly efficient shipping offerings across key global trade lanes,” the company added.

 

Photo credit: Ocean Network Express
Published: 3 July, 2026

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“Lucia Cosulich” enters final preparation ahead of bunkering operations

Following delivery of the ship in China, it will now enter the final preparation phase ahead of its next operational steps, strengthening Fratelli Cosulich’s ability to provide reliable bunkering solutions.

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“Lucia Cosulich” enters final preparation ahead of bunkering operations

Fratelli Cosulich Marine Energy on Thursday (2 July) celebrated the delivery of Lucia Cosulich at Taizhou Maple Leaf Shipyard in China.

The vessel is the second of four sister methanol-ready IMO II bunker tankers developed within the Group’s fleet expansion programme and follows the launching ceremony held on 2 May 2026.

Designed to support the Group’s bunkering operations and future fuel requirements, Lucia Cosulich is part of the new generation of vessels developed by Fratelli Cosulich Marine Energy to combine operational reliability, safety and fuel flexibility.

Lucia Cosulich will now enter the final preparation phase ahead of its next operational steps, further strengthening the Group’s ability to provide reliable bunkering solutions.

“We wish Lucia Cosulich and her crew fair winds on the next stage of her journey,” the company said. 

Related: Fratelli Cosulich launches second methanol-ready bunker tanker in China

 

Photo credit: Fratelli Cosulich
Published: 3 July, 2026

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DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

In total, 137 alternative-fuelled vessels were ordered in the first half of 2026 compared to 155 in the same period in 2025.

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DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform showed a total of 15 new orders for alternative-fuelled vessels were placed in June 2026.

This consisted of 10 orders for LNG-fuelled vessels, nine of which were car carriers and one a CO2 carrier. The remaining five orders were for LPG/ethane carriers.

Two LNG-bunker vessels were also ordered in June, bringing the total in this segment to seven so far in 2026.

In total, 137 alternative-fuelled vessels were ordered in the first half of 2026, down 11.6% from 155 in the same period in 2025. 

Over half of these (73) were for LNG-fuelled vessels, with most coming from the container (42) and car carrier (21) segments. LPG/ethane carriers were also prominent, with 55 new orders, a significant uptick compared to the first half of 2025 (15). The remaining orders were for vessels fuelled by methanol (2), ethanol (2), ammonia (4), and hydrogen (1).

Deliveries in the first half of the year point to continued uptake of alternative-fuelled tonnage across several segments, with 61 LNG-fuelled vessels and 38 methanol-fuelled vessels delivered so far in 2026.

More recently, Exmar took delivery of what it described as the first oceangoing dual-fuel ammonia vessel, marking a step beyond earlier ammonia-fuelled deliveries, which have largely been associated with pilot or demonstration projects rather than commercial deployment.

DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “What we can take away from the first half of 2026, in terms of the alternative-fuels orderbook, is that we have a market progressing at different speeds depending on segment economics, fuel availability, and the regulatory landscape. Shipowners and other stakeholders are pursuing different pathways based on their individual priorities and requirements.

“LNG remains the leading near-term fuel option, with order activity continuing to be led by containers and car carriers. LPG and ethane carriers have also accounted for a significant share of activity in the first half of the year, while developments in areas such as ammonia and ethanol show that multiple pathways continue to be explored.”

 

Photo credit: DNV
Published: 3 July, 2026

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