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LNG Bunkering

Gasum to charter new LNG bunker vessel to serve Northwestern European market

Vessel, to be named “Celcius”, will be built by RMK Marine yard in Turkey and the delivery is scheduled for 2027; will be owned by a Joint Venture between Gasum and Sirius Shipping.

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Gasum to charter new LNG bunker vessel to serve Northwestern European market

Nordic energy company Gasum on Monday (17 February) said it has chartered a new LNG and bio-LNG bunker vessel that will serve Gasum’s customers starting 2027. 

The new vessel, to be named Celsius, will enable Gasum to fulfil its strategic ambition to increase LNG and bio-LNG availability in the Northwestern European maritime market.

Celsius will be owned by a Joint Venture between Gasum and Swedish shipping company Sirius Shipping. The vessel will be built by RMK Marine yard in Istanbul, Turkey.

Gasum to charter new LNG bunker vessel to serve Northwestern European market

Sirius Shipping and Gasum have a long history together, as Gasum has been the charterer of the bunker vessel Coralius since 2017 and Sirius Shipping has been managing Gasum’s bunkering vessel Seagas since 2012.

The investment is part of Gasum’s strategy to secure the availability of LNG and bio-LNG to its customers in the Northwestern European area as demand increases in the coming years. The number of LNG-powered dual fuel vessels calling at ports in Northwestern Europe is growing significantly.

“Ship owners are now seeing that switching to LNG and bio-LNG is one of the best ways of reducing emissions in maritime logistics already today, instead of waiting for other technologies that have not yet reached maturity or the required scale or infrastructure,” said Gasum CEO Mika Wiljanen. 

“This state-of-the-art bunker vessel is an important investment in our ability to continue to deliver the quality service our customers expect from us now and in the future.”

“This newbuilding project is proof of that we are getting closer towards our vision – to become the long term first choice, for our colleagues, customers, and for society. We’re proud to be able to continue the collaboration with Gasum that started in 2012, and with this new and improved LNG vessel, it will continue for decades”, states Jonas Backman, Managing Director of Sirius Shipping.

Experience gathered by both Gasum and Sirius Shipping as well as the crew of the Coralius during the last eight years and nearly 1,000 bunkerings has been vital in designing an updated version of the bunker vessel. This has led to, for example, better fuel efficiency, improved tank insulation, larger cargo capacity and improved fender handling for safety and efficiency.

The vessel will further be equipped with a high-performance Gas Combustion Unit (GCU) capable of performing customer vessel cool-down operations at record speeds.

As regulation tightens, Gasum’s evolving services enable its customers to reduce emissions in a cost-effective way. In 2024 Gasum launched the maritime pooling service to provide FuelEU Maritime regulation compliance as a service to companies operating vessels on traditional fuels.

Gasum is able provide LNG and bio-LNG bunkering services to all shipping companies that have vessels running on LNG. LNG and bio-LNG are fully interchangeable, and they can be mixed at any ratio.

Gasum’s goal is to offer 7 TWh of renewable gas to its customers yearly by 2027, including biomethane and e-methane. Achieving this goal would mean a combined carbon dioxide reduction of 1.8 million tons per year for Gasum’s customers.

 

Photo credit: Gasum
Published: 19 February, 2025

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

B100 discount to LSMGO widens to $541/mt in Rotterdam; Singapore’s B100 drops to $106/mt below LSMGO; Rotterdam LBM at $639-833/mt discounts to LSMGO.

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ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

20 July 2026

  • B100 discount to LSMGO widens to $541/mt in Rotterdam
  • Singapore’s B100 drops to $106/mt below LSMGO
  • Rotterdam LBM at $639-833/mt discounts to LSMGO

B100’s premium over HSFO in Rotterdam has narrowed by $50/mt over the past week to $64/mt, while its discount to VLSFO has widened by $83/mt to $105/mt.

B100 has become far more competitive against LSMGO in Rotterdam, with its discount widening by $180/mt over the past week to $541/mt, as a surge in conventional fuel prices left B100 broadly unchanged by comparison.

B100’s price has risen by $109/mt in Singapore, but its discount to LSMGO has still widened by $102/mt to $106/mt, as LSMGO surged by an even greater $211/mt.

Rotterdam’s LNG premium over VLSFO has widened by $35/mt to $201/mt for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, LNG has flipped to a $15/mt premium over VLSFO, from a $22/mt discount the prior week.

Liquefied biomethane (LBM) discounts to VLSFO in Rotterdam have narrowed by $50-52/mt to $203-396/mt over the past week. Against LSMGO, LBM discounts have widened by $45-47/mt to $639-833/mt, depending on engine type.

In Singapore, LNG is now $42/mt cheaper than LSMGO for vessels with Otto MS engines, and $134/mt cheaper for vessels with diesel SS engines.

ENGINE on Fuel Switch Snapshot: LSMGO surges to greater premium over biofuel

Liquid fuels

HSFO and VLSFO prices in Rotterdam have jumped by $66/mt and $99/mt respectively over the past week, while LSMGO has surged by an even steeper $196/mt. A $9.69/bbl ($71/mt) rise in front-month ICE Brent futures, to $87.94/bbl ($645/mt), drove bunker prices sharply higher across the board.

Bunker fuel availability is tight for prompt delivery dates in the ARA ports, with buyers advised to enquire about stems between 5-7 days ahead to get good coverage, a trader said.

Rotterdam’s B100 price has risen by $16/mt over the past week. Dutch ZRE A ticket prices were unchanged at €107.50/mtCO2e.

Singapore’s HSFO and VLSFO prices have risen by $130/mt and $132/mt respectively, while its LSMGO price has gained an even steeper $211/mt over the past week.

VLSFO availability in Singapore has been tight, with several suppliers reporting low stock levels. Recommended lead times have widened from 13–17 days last week to 14–19 days now.

Liquid gases

Rotterdam’s LNG prices have surged by $134-136/mt over the past week, while its LBM prices have climbed by $149-151/mt.

LBM discounts to LNG in Rotterdam have narrowed by $15/mt to $404-411/mt.

Singapore’s LNG bunker benchmarks have surged by $196-197/mt over the past week.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 21 July, 2026

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