LNG Bunkering

Poseidon Med II: LNG as maritime fuel in Eastern Mediterranean sea

First post-IMO 2020 conference in Piraeus highlights the port’s key competitive advantages in LNG bunkering that could set the tone for the region.

Published

6 years ago

March 10, 2020

Admin

LNG Bunkering Project, Poseidon Med II on Tuesday (10th March) said its first post-Sulphur conference organised by the Poseidon Med II project partners held at the Piraeus Port Authority Conference Hall on 26 February attracted over 200 delegates mainly from the shipping and energy sector.

The main highlight of the conference was the potential use of liquefied natural gas (LNG) as fuel for maritime transports in Eastern Mediterranean sea.

The European co-financed Poseidon Med II’s role is to set the course for the creation of a viable and efficient LNG supply chain in the Eastern Mediterranean region, in line with the requirements of the International Maritime Organization (IMO) and the European Green Agreement aimed at limiting sulfur oxides emissions in fuel oil used on board ships from 2020 and the gradual de-carbonization of international shipping by 2050.

“Since the Piraeus Hub area represents the greatest port in the Mediterranean in short sea shipping volume with passenger vessels, car carriers, container liners and terminals, and shipyards we encourage and support actions aiming to reduce emissions,” said Yu Zeng Gang, Board of Directors Chairman at the Piraeus Port Authority S.A., at the conference opening.

“It is an ambitious and significant effort reflecting the industry preparation to meet the environmental targets set by international regulations.”

“The advantages of LNG are well in line with the challenges that global shipping has to face by applying the new rules for environmental protection,” said Ioannis Plakiotakis, Greek Minister of Maritime Affairs & Insular Policy in his welcome address.

In her keynote address, Maria Spyraki Member of European Parliament (MEP), highlighted the important role of gas to make the energy transition to clean energy sustainable, as it provides environmental benefits, security of supply and flexibility in the energy system.

At the same time, she pointed to the risk of existing investment in energy storage and transfer of natural gas to become stranded assets.

She therefore urged for the upgrade of existing infrastructure so it could immediately have the capacity to store and transfer hydrogen and natural gas from renewable sources.

“I would like to assure you that DEPA remains fully committed to the successful completion of Poseidon Med II, always keeping its eyes on the future. And we will continue at the same path, visioning and working for more clean, competitive and sustainable maritime transportation in the Eastern Mediterranean,” said Konstantinos Xifaras, Chief Executive Officer of Public Gas Corporation of Greece (DEPA).

“Key to this effort is the dynamic expansion of LNG as marine fuel, which is the most reliable and at the same time the most cost effective one, compared to conventional fuels.”

“DEPA is already preparing for the next day in shipping, building – as part of the Blue Hubs program, which is the evolution of PMII – a state-of-the-art LNG vessel, with total capacity 3,000 cubic meter, based in Piraeus, to refuel coastal and other vessels not only in the country’s largest port but in other ports as well,” he concludes.

Fernando Kalligas, Head of Chief Executive Office of the Hellenic Gas Transmission System Operator (DESFA) pointed out that it is important the key role of LNG in the sustainable shipping decarbonization with the 2020- 2030 decade being the most important one, stressing the urgency for early action to achieve an effective long-term response to climate change.

LNG pricing, the decarbonisation debate, the infrastructure bottlenecks and the shipowners’ perspectives to LNG as fuel pathways were at the core of the discussion of the first session between industry specialists.

Specific emphasis was given to competitiveness of LNG versus VLSFO, the challenge of LNG availability across routes, the methane slip performance for marine engines and incentives and supporting schemes for shipowners to switch to LNG-fuelled vessels.

“Current conditions signify strong prospects for the LNG as a marine fuel, while the deployment of LNG refueling infrastructure in major ports worldwide propel the LNG forward into the markets, at a moment that pricing levels appear to be significantly competitive”.

Focus points of the last panel discussion included Piraeus Port’s readiness to accommodate LNG bunkering operations and the BlueGrid investment plans in supplying LNG bunkering.

Panels also included the Spanish rich experience on LNG bunkering, the significant role of collaboration with local authorities, the training and awareness components for building a positive public perception towards the use of LNG were among the highlights of the session.

“The significant geostrategic location and dimensionality of Piraeus which is very close to Revithoussa LNG Bunkering terminal, provides the port with unique competitive advantages,” said Dimitris Spyrou, Piraeus Port Authority’s Strategic Planning & Marketing Consultant.

“The planned port infrastructure expansion to allow LNG bunkering operations, will secure more benefits for the shipping companies that will lead to more intelligent decision outputs,” he concluded.

Photo credit: Poseidon Med II
Published: 10 March, 2020

LNG Bunkering

Shell expands LNG bunkering footprint in Spain with Valencia

As one of the region’s key maritime hubs, the company said Valencia expands the options available to shipowners seeking LNG supply along major shipping routes.

Published

2 days ago

August 14, 2026

Admin

Shell expands LNG bunkering footprint in Spain with Valencia

British oil giant Shell on Thursday (13 August) said Valencia has joined its growing network of bunkering locations, making LNG available as a marine fuel.

The successful completion of the first LNG bunkering operation in Valencia marked an important milestone for Spain and further strengthened Shell’s LNG supply capabilities across the Mediterranean.

In a video shared by the company, bunkering vessel Alice Consulich was shown supplying an undisclosed volume of LNG to the container ship MSC Sabrina.

“As one of the region’s key maritime hubs, Valencia expands the options available to shipowners seeking LNG supply along major shipping routes,” Shell said in a social media post.

Shell said the achievement reflected the strong collaboration across the maritime value chain, including MSC Mediterranean Shipping Company, the Port of Valencia and Fratelli Cosulich Group.

“We look forward to making more LNG bunker deliveries in Valencia and across the Mediterranean as LNG infrastructure and capabilities continue to expand,” the company said.

Photo credit: Shell
Published: 14 August, 2026

LNG Bunkering

Énestas and Power LNG join forces on Galveston bunkering

Énestas will provide capital, LNG transport and storage equipment, and downstream expertise to support Power LNG’s planned liquefaction and marine bunkering facility on Pelican Island.

Published

2 days ago

August 14, 2026

Admin

Stabilis Solutions enter 10-year LNG bunkering supply deal for Port of Galveston

Power LNG (Power LNG) and Mexico’s LNG infrastructure and downstream natural gas company Énestas on Wednesday (12 August) announced the execution of definitive agreements establishing a strategic partnership to accelerate the development of LNG infrastructure at the Port of Galveston.

Under the agreement, Énestas will provide capital, LNG transportation and storage equipment, and downstream operating expertise to support the development of the Harborside Terminal and Project Seawolf, Power LNG’s planned LNG liquefaction and marine bunkering facility on Pelican Island.

The partnership creates an immediate pathway to begin LNG distribution by truck while Project Seawolf is under development, supporting marine fueling, virtual pipeline customers, industrial users, and LNG exports throughout the Gulf Coast, Latin America, and the Caribbean.

“Our vision has always been to establish Galveston as the premier LNG hub for the Gulf Coast,” said Austin Terry, Founder and CEO of Power LNG.

“Énestas brings years of operational experience, proven LNG infrastructure, and a talented team that understands how to deliver LNG safely and efficiently. Together, we can immediately begin serving customers while laying the foundation for one of the most strategic LNG bunkering facilities in North America.”

Project Seawolf will provide LNG for marine bunkering, truck loading, virtual pipeline distribution, and international exports. The facility is strategically located at the Port of Galveston, serving one of the fastest-growing cruise, cargo, and energy corridors in the United States.

For Énestas, the transaction represented an important milestone in the company’s international growth strategy.

“This partnership represents a natural evolution for Énestas as we expand our downstream LNG business into the United States,” said Caio Zapata, Chief Executive Officer of Énestas.

“For more than a decade, Énestas has developed and operated LNG infrastructure throughout Mexico, helping customers transition to cleaner, more reliable energy. Partnering with Power LNG allows us to leverage that experience in one of the most attractive LNG markets in North America. We see tremendous opportunities in marine bunkering, virtual pipeline logistics, industrial LNG supply, and exports to Latin America and the Caribbean, and we are excited to build that future together.”

The companies expect the partnership to support near-term LNG truck loading operations while advancing the long-term development of Project Seawolf, which is designed to become a regional hub for LNG production, marine fueling, and distribution.

The collaboration also establishes a platform to pursue additional downstream LNG opportunities throughout the Gulf Coast, utilising Énestas’ operational expertise together with Power LNG’s project development capabilities.

Photo credit: Port of Galveston
Published: 14 August, 2026

LNG Bunkering

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Company says the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston.

Published

2 days ago

August 14, 2026

Admin

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Clean energy production solutions provider Stabilis Solutions (Stabilis) on Thursday (13 August) said it has completed 97 LNG bunkering operations and delivered more than 150,000 m³ of LNG to customers in the Port of Galveston.

“As the only physical supplier of LNG on the Gulf Coast to reach this milestone, we’ve earned a reputation as a trusted, proven operator — both with local Galveston stakeholders and with the world’s largest cruise operator,” the company said in a social media post.

“That trust is reflected in the 10-year LNG offtake agreement we executed in December 2025.”

The company said the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston.

“As a Houston-based company, we believe in the Texas economy and the future growth of the Port of Galveston,” it added.

“That belief is why we’ve invested heavily over the past four years in the planning, permitting, and engineering design work to develop the most advanced, derisked, shovel-ready small-scale LNG liquefaction project on the Gulf Coast.”

Manifold Times previously reported Stabilis stating that the proposed Stabilis Galveston LNG Facility is anticipated to be in production by the third quarter of 2028.

It will come complete with the delivery of the first new-build, dedicated Jones Act-compliant LNG bunker barge in the Galveston/Houston area.

This comes following Stabilis receiving a Letter of Recommendation from the US Coast Guard following their formal review of the proposed Stabilis Galveston LNG Facility and associated waterfront LNG loading, marine transportation, and LNG bunkering operations in the Port of Galveston.

Photo credit: Stabilis Solutions
Published: 14 August, 2026