A major milestone for liquefied natural gas (LNG) bunkering at Greece was achieved at late May through the Poseidon Med II LNG bunkering project during a ceremony held at the Greek Ministry of Shipping & Island Policy office.
Representatives of the project witnessed Greek Minister of Shipping P. Kouroumplis presenting the Presidential Decree containing safety provisions for LNG bunkering operations in Greece.
The Presidential Decree is the umbrella legislation that takes into account all national and international rules and practices and provides an overview for the preparation and execution of LNG bunkering at all Greek ports.
“Poseidon Med II project started three years ago aiming at establishing the use of LNG as marine fuel in the East Mediterranean region,” said George Polychroniou, Poseidon Med II Project Manager, Executive Director Strategy, Development, Administration & IT, Public Gas Corporation, DEPA S.A.
“It has since then worked towards this direction, using 26 partners’ know-how and expertise.
“The Presidential Decree that was presented yesterday is a milestone for the project and the necessary step to establish the regulatory framework which will ensure the safe and uninterrupted use of LNG as marine fuel.
“We are proud to see Greece among the pioneers to adopt a comprehensive regulatory framework, demonstrating in this way that LNG is a sustainable solution.
“In parallel, Poseidon Med II has also advanced the technical aspects for the use of LNG, undergoing technical designs for ports infrastructure and LNG fuelled vessels, as well as environmental and economic feasibility studies which will facilitate the effective transition to the LNG era.”
Photo credit: Poseidon Med II
Publication date: 4 June, 2018
‘LNG offers a commercially viable long-term bridging solution to addressing the IMO GHG targets,’ says Chairman.
Platform aims to integrate a growing, but fragmented LNG bunkering market by simplifying daily operations on both supply and demand side.
Duo enters MoU to create a new facility dedicated to improving the safety of LNG as fuel at Busan.
The investment is divided into two phases with an initial investment of EUR 15.6 million up to 2022, followed by the EUR 30 million investment by 2023.
President announces an additional investment of USD 500 million to build a new export facility and other expansions across the U.S. and in the Caribbean basin.
Repsol to install fixed quayside LNG storage and supply system in one of Brittany Ferries’ two Spanish ports.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
