Connect with us

LNG Bunkering

Avenir LNG executes time charter extensions for LNG bunker vessel duo

Firm announced it has executed two Time Charter Agreements for “Avenir Advantage” and “Avenir Accolade” with PETCO Trading Labuan Company and NFE Transport Partners.

Admin

Published

on

Avenir Accolade

Avenir LNG Limited on Thursday (4 January) announced it has executed two Time Charter Agreements for LNG bunker vessels Avenir Advantage and the Avenir Accolade

Avenir’s affiliate Future Horizon (L) Pte Ltd (a joint venture between Avenir and MISC) has signed a new two-year time charter agreement with PETCO Trading Labuan Company Ltd (PTLCL), a trading arm of PETRONAS. 

“Avenir will continue to collaborate with PTLCL by providing LNG as a marine fuel to their customers in Malaysia and Southeast Asia,” Avenir LNG said in a statement. 

In addition, Avenir has entered into an agreement to time charter the Avenir Accolade for a period of up to two years with NFE Transport Partners LLC, a subsidiary of New Fortress Energy Inc. The Avenir Accolade has been serving New Fortress Energy Inc. under a bareboat contract. 

“This new Time Charter agreement demonstrates Avenir’s commitment to operational excellence while also extending the term of the original agreement up until Q4 2025,” Avenir LNG added. 

Jonathan Quinn, Managing Director of Avenir LNG, said: “It is great to have secured our commercial agreements on our first two vessels. Doing so with our foundation customers clearly demonstrates their ongoing support in Avenir as the go-to provider in the small-scale market. I wish to extend Avenir’s full support to PTLCL and New Fortress Energy for the continued success of their respective businesses.” 

The firm added the time charter agreements further consolidate Avenir’s position as a leading provider of small-scale LNG tonnage, and strengthen the company’s total charter revenue backlog, including options, to USD 115 million. 

Related: Petronas Marine’s “Avenir Advantage” conducts first LNG bunkering operations in Sabah
Related: Petronas Marine “Avenir Advantage” in first LNG bunkering op at Port Klang
Related: Malaysia: Maiden refuelling of LNG bunkering capable ‘Avenir Accolade’ completed

Photo credit: Avenir LNG
Published: 5 January, 2024

Continue Reading

LNG Bunkering

Gasum completes SIMOPS LNG bunkering operation of PCTC “Höegh Sunlight”

Gasum’s LNG bunker vessel “Coralius” made its 920th LNG delivery to “Höegh Sunlight”, a brand new PCTC, with a capacity of 9100 CEU, at the Port of Gothenburg, Sweden on 10 March.

Admin

Published

on

By

Gasum completes SIMOPS LNG bunkering operation of PCTC “Höegh Sunlight”

Energy company Gasum on Wednesday (19 March) announced its delivery of liquified natural gas (LNG) to a car carrier during a simultaneous bunkering and cargo operation (SIMOPS) at the Port of Gothenburg, Sweden. 

The company said it was the first ever LNG delivery to Höegh Sunlight at the Logent Car Terminal on 10 March 2025.

Gasum’s LNG bunker vessel Coralius made its 920th LNG delivery to Höegh Sunlight, a brand new Pure Car and Truck Carrier (PCTC), with a capacity of 9100 CEU, during a ship-to-ship (STS) bunkering operation. 

The company did not specify the amount of LNG supplied to the vessel.

The delivery was a collaboration between Gasum, Glander International, Höegh Autoliners, the Port of Gothenburg and Sirius Agency. 

 

Photo credit: Gasum
Published: 20 March, 2025

Continue Reading

Events

Oman Maritime, Ports and Energy Forum to feature bunkering and energy transition

Experts will explore the latest in conventional and alternative bunker fuels, including LNG and biofuels, along with updates on Oman’s bunkering infrastructure at the forum.

Admin

Published

on

By

Oman Maritime, Ports and Energy Forum to feature bunkering and energy transition

The Oman Maritime, Ports and Energy Forum (OMPEF) is set to showcase the Sultanate of Oman’s expanding capabilities in ports, energy, shipping, maritime logistics, and bunkering. 

The event is designed to highlight how Oman’s maritime-related industries are capitalising on shifting global trade flows, driving innovation, and positioning the region at the forefront of the energy transition.

The event will be held from 28 to 30 April at Muscat in Oman. 

Event Programme Highlights

According to the OMPEF Programme, delegates can look forward to:

  • Keynotes and Panel Discussions: Government and industry leaders share insights on new market prospects, regulatory developments, and collaborative strategies to strengthen Oman’s role in global maritime trade.
  • Technological Advancements: Focus on digitisation and operational efficiencies, including automation, data analytics, and AI-driven solutions to reduce costs and enhance competitiveness.
  • Bunkering and Energy Transition: Experts explore the latest in conventional and alternative fuels, including LNG and biofuels, along with updates on Oman’s bunkering infrastructure.
  • Infrastructure and Port Developments: Updates on expansions and modernisation efforts at key Omani ports - enabling higher throughput, improved logistics, and more seamless supply chain connections.
  • Networking Opportunities: Exclusive gatherings designed to foster international partnerships, expand professional networks, and encourage the exchange of innovative ideas.

Note: Additional information or programme updates can be found at the official event website here or email [email protected].

 

Photo credit: ship.energy
Published: 20 March, 2025

Continue Reading

Alternative Fuels

CMA CGM to participate in bunkering trials of alternative fuels in Singapore

Under a renewed MoU with MPA, CMA CGM also plans to expand its fleet and vessel tonnage, adding more vessels under the Singapore Registry of Ships, including four 23,000 TEU LNG vessels.

Admin

Published

on

By

CMA CGM to participate in bunkering trials of alternative fuels in Singapore

The Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group on Tuesday (18 December) said they have renewed a Memorandum of Understanding (MoU) to advance sustainable shipping and innovation including in the area of alternative bunker fuels. 

Under the MoU, CMA CGM plans to expand its fleet and vessel tonnage, adding more vessels under the Singapore Registry of Ships, including four 23,000 TEU LNG vessels. 

This move reinforces Singapore's position as a maritime hub for CMA CGM and supports the company's goal of achieving Net Zero Carbon by 2050. In this regard, the CMA CGM Group has invested nearly USD 20 billion to order LNG and methanol powered ships and will have 153 ships capable of using low-carbon energies (biogas, biomethanol and synthetic fuels) in its fleet by 2029.

To support the transition to more sustainable fuels, CMA CGM will register and bunker alternative fuel vessels under the Singapore flag. With its expertise and insights on alternative fuels, the company will also participate in bunkering trials.

Notably, CMA CGM Iron, the company’s first of 12 dual-fuel methanol vessels, made its maiden call in Singapore in early March 2025, marking an important step in CMA CGM’s efforts to adopt alternative fuels and collaborate with Singapore on sustainable shipping initiatives.

MPA and CMA CGM will explore pilot trials, including the test bedding of an online registry for carbon accounting, and sharing best practices for zero and near zero emission marine fuels.

Mr Teo Eng Dih, Chief Executive of MPA, said: "This MoU marks a significant milestone of our collaboration with CMA CGM and also demonstrates CMA CGM’s significant support towards our shared vision to drive decarbonisation and digitalisation and support manpower development within the maritime sector. By leveraging our collective expertise and resources, we aim to create a more sustainable and innovative maritime ecosystem."

Mr Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, added, "I am pleased to renew our partnership with the Maritime and Port Authority of Singapore, strengthening Singapore’s position as a key maritime hub for CMA CGM.”

“Together, we will drive forward innovative initiatives, particularly in the adoption of alternative fuels and digitalisation to enhance efficiency and performance. This collaboration reflects our commitment to leveraging top expertise to build a more resilient and sustainable global trade.”

The renewed partnership builds on an earlier MoU signed in 2022 and underscores the shared commitment to strengthening Singapore's position as a premier maritime hub.

Related: New CMA CGM methanol dual-fuel containership makes maiden call in Singapore

 

Photo credit: Maritime and Port Authority of Singapore
Published: 19 March, 2025

Continue Reading
Advertisement
  • Aderco Manifold Website Advert EN
  • Consort advertisement v2
  • EMF banner 400x330 slogan
  • v4Helmsman Gif Banner 01
  • RE 05 Lighthouse GIF
  • SBF2
  • Sea Trader & Sea Splendor
  • Zhoushan Bunker

OUR INDUSTRY PARTNERS

  • HL 2022 adv v1
  • Singfar advertisement final
  • Triton Bunkering advertisement v2
  • MFT 25 01 E Marine Logo Animation
  • SEAOIL 3+5 GIF


  • Synergy Asia Bunkering logo MT
  • Mokara Final
  • CNC Logo Rev Manifold Times
  • Auramarine 01
  • metcore
  • Kenoil
  • 300 300
  • NW Logo advertisement
  • PSP Marine logo
  • MFA logo v2
  • Advert Shipping Manifold resized1
  • VPS 2021 advertisement
  • LabTechnic

Trending