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Petronas cooperates with Tiger Gas in LNG bunkering business

Partnership began in 2020, when both companies signed a sale and purchase agreement to supply the Chinese market with LNG via ISO tanks.

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PETRONAS Cooperates with TIGER GAS in LNG Bunkering Business

Malaysia-listed oil and gas company Petronas, through its Petronas Marine brand, on Wednesday (8 March) said it has inaugurated the liquefied natural gas (LNG) bunkering business with long-term partner Tiger Gas.

This follows the completion of its maiden ship-to-ship LNG bunkering operation of approximately 500 tonnes of LNG for the latter’s Tiger Maanshan, the world’s largest dual-fuel deck cargo ship.

The developments results in Tiger Gas thus becoming the first Chinese customer of the Petronas LNG bunkering business.

Present at a commemorative event held at the Tiger Gas office were Petronas Vice President of Refining, Marketing & Trading Ahmad Adly Alias; Chief Representative of Petronas Beijing Representative Office Lisy Lee; Head of Petronas Marine’s LNG Bunker Sales Mohd Firdaus Bin Kamilrudin; Chairman of Tiger Group Gerry Wang; Vice Chairman of Tiger Gas CC Xue; President of Tiger Gas Junfeng Xu; and Vice President of Tiger Gas, Glenn Qu; as well as other senior leaders from both companies.

Petronas Vice President of Refining, Marketing & Trading Ahmad Adly Alias said, “We are committed to making sustainability the cornerstone of our operations in China by providing energy solutions that would help accelerate the progress towards the country's ‘Dual Carbon’ goal whilst collectively contributing to the energy industry growth alongside our partners.”

The partnership between Petronas and Tiger Gas began in 2020, when the two companies signed a sale and purchase agreement to supply the Chinese market with LNG via ISO tanks. This ground-breaking solution allows small and medium-sized businesses located at remote areas access to natural gas, while helping them achieve their sustainability goals.

Chairman of Tiger Group Gerry Wang said, “Tiger and Petronas have maintained a sound partnership for a long time. Today, offshore ship-to-ship LNG bunkering has greatly shortened the turnaround of LNG carrier vessels, laying a solid foundation for a more efficient and greener LNG supply chain. In the future, Tiger Gas will continue to work together with Petronas to facilitate the energy transition.”

“2023 marks Petronas’ 20th anniversary in China. Petronas has supported the fast-growing clean energy needs of our Chinese partners with sustainable quality products and solutions for the past two decades and will continue doing so, as we forge ahead together to achieve our net zero aspiration,” said Petronas in a statement.

“Moving forward, Petronas will remain committed to the Chinese market, empower the Chinese energy industry and contribute to the country's economic development. Petronas will work with its Chinese partners and create a green and sustainable future together.”

 

Photo credit: Petronas
Published: 9 March, 2023

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Winding up

Singapore: Liquidators arrange creditors meeting for Otto Marine Limited

Meeting will be held from 3pm on 24 July at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095, according to Government Gazette notice.

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steve pb from Pixabay

A meeting for creditors of Otto Marine Limited, which is in liquidation, has been scheduled to take place on 24 July, according to a Government Gazette notice on Thursday (11 July). 

The meeting will be held from 3pm at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095

The agenda of the meeting will be as follows:

  • To update on the liquidation administration;
  • To approve the Liquidators’ fees and disbursements;
  • To approve the declaration of preferential dividend(s) pursuant to Section
  • 328(1)(b) to 328(1)(f) of the Companies Act, Cap. 50;
  • To consider and if thought fit, to appoint a committee of inspection; and
  • Any other business.

The details of the liquidators are as follows: 

Chee Yoh Chuang
Lin Yueh Hung
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 July, 2024

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LNG Bunkering

Titan completes first STS LNG bunkering operation in Cuxhaven

Port of Cuxhaven in Germany had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth, says Titan.

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Titan completes first STS LNG bunkering operation in Cuxhaven

LNG bunker fuel supplier Titan on Thursday (11 July) said it completed the first-ever LNG bunkering operation by ship in the port of Cuxhaven.

Titan’s bunker vessel Optimus successfully delivered LNG to dredger Vox Ariane operated by its long-term client Van Oord. 

“Our ship-to-ship bunkering in Cuxhaven represents a pioneering step in the region's LNG infrastructure development, as the port had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth,” it said in a social media post. 

“LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping’s clean fuels transition.”

Titan added the improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also opened up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forward.

 

Photo credit: Titan
Published: 12 July, 2024

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LNG Bunkering

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Firm said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier in the Port of Drammen, Norway.

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UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) on Wednesday (10 July) said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier Auto Achieve in the Port of Drammen on 4 July.

The firm said this was the first time UECC received LNG by barge to any of their vessels in their home country Norway. 

“We also believe that it was the first time LNG was delivered by barge to any vessel in Drammen, and most likely the entire Oslofjord,” UECC said in a social media post.

The LNG was supplied by the Molgas Energy Holding vessel Pioneer Knutsen, owned by Knutsen Group OAS.

“UECC is very pleased to see the expansion of the LNG barge network in Norway,” it said. 

 

Photo credit: UECC
Published: 12 July, 2024

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