Independent downstream liquified natural gas (LNG) and biogas supply company Cryo Shipping on Tuesday (26 January) performed the largest LNG bunkering operation to date when it supplied 103,500 dwt shuttle tanker Altera Wave in Malaysian waters along the Singapore Strait, it claims.
Norwegian registered shuttle tanker, Altera Wave, is part of a series of innovative newbuildings developed by innovative shipping company, Altera Infrastructure.
According to the company, Altera Wave and her sister ships are among the world’s most environmentally friendly shuttle tankers ever built, as they utilise LNG as primary propulsion fuel.
The bunker operation was carried out via ship-to-ship delivery where Altera Wave was supplied with LNG from CRYO Shipping’s hired bunker vessel.
The operation was made possible due a partnership between Cryo Shipping and Petronas – the Malaysian state-owned oil & gas company.
“Our good collaboration with Petronas gives us a unique opportunity to offer an optimal LNG bunker service in South East Asia for our customers, and anchors CRYO Shipping’s position as a global player in the international LNG bunker market,” noted the company.
“Our background from shipping has been crucial in gaining market share,” explains managing director, Nicholai H. Olsen.
“It is important for Cryo Shipping to offer LNG supply from bunker vessels combined with delivery from trucks, containers and terminals. Additionally, offering Ship-To-Ship LNG bunkering is crucial in terms of the increasing growth of LNG-powered ships that are expected to be in operation during this decade.
“The market outlook for the next 10 years is strong and exponential growth, and CRYO Shipping’s investments are important to ensure a good market position at the commencement to the disruptive energy market.”
To date, Cryo Shipping has an investment program of USD 100 million for “green” infrastructure including both investment in LNG bunker vessels and small-scale LNG terminals.
Photo credit: Cryo Shipping
Published: 27 January, 2021
On 5th June 2021, VPS carried out a Remaining On Board (R.O.B.) survey on board a Singapore-registered bunker tanker at short notice by the Charterer and quickly identified the theft of 98 metric tons of bunker fuel.
The Bunkerchain Pte Ltd and Helmsman LLC sponsored event will be moderated by Gabian Chew, Senior Editor of Singapore bunkering publication Manifold Times.
No quarantine required if vessels have not called at Brazil, India, Nepal, Pakistan, the Philippines and South Africa during the 21 days prior to arrival at Hong Kong port, according to Marine Department notice.
CCIC discuss the progression of MFM technology for bunkering at Singapore port with Manifold Times; and possible development of a primary facility for MFM calibration.
‘The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,’ says Malcolm Cooper, CEO, VPS.
A foreign vessel was involved in an alleged unauthorised STS incident with bunker tanker Pearl Melody on 5 June, Director and General Manager of Consort Bunkers tells Manifold Times.
14 Jun 2021