Global multi-sector industry coalition SEA\LNG on Monday (20 April) announced SOHAR Port and Freezone as its first Middle Eastern port member.
SOHAR joins SEA\LNG to promote its investment in LNG bunkering facilities and the use of liquefied natural gas (LNG) as a marine fuel, it said.
MARSA LNG is a venture comprising TOTAL S.A. and OQ, and is developing a LNG liquefaction plant and bunkering facility in SOHAR Port.
“This major LNG Bunkering project will generate in-country value and job opportunities, and will support industry diversification efforts by promoting shipping activities in Oman,” said Mark Geilenkirchen, CEO of SOHAR Port.
“The establishment of this facility will make SOHAR one of the key LNG bunkering facilities on the main shipping trade routes, alongside other strategic ports, many of whom are already SEA\LNG Members, such as the Port of Singapore. MARSA LNG will supply LNG sourced locally in the Sultanate.”
“We are excited to welcome SOHAR to the SEA\LNG coalition. SOHAR is our first Member from the Sultanate of Oman and will provide an attractive global offering once the marine bunkering project is completed,” adds Peter Keller, Chairman of SEA\LNG.
“From our perspective, this is an opportune time to develop LNG capabilities in Oman given the expansive growth of marine activity within the region. We welcome SOHAR to our cause of furthering the use of LNG as an important, environmentally superior maritime fuel.”
Due to its unique location outside the Strait of Hormuz and mid-way between Europe and Asia, SEA/LNG explains that SOHAR is ideally positioned to become a major LNG bunkering hub in the Middle East.
In addition, SOHAR Port and Freezone feature deep-water drafts capable of handling the largest vessels in the world, it adds.
The liquefaction plant and bunkering project will be able to offer attractive business conditions, further enhanced by access to a dedicated logistics chain as well as large domestic gas reserves.
“As well as providing a means to comply with recently enforced sulphur limitations, LNG provides a clear pathway for the shipping industry to decarbonise through the introduction of biomethane and synthetic methane,” adds Keller.
“Now is the time to move forward with LNG as an important maritime fuel. Inaction is not a plan and we cannot afford to wait decades for solutions that may never be realised.
“Investing in LNG capable vessels now provides the shipping industry with a pathway to a low carbon future as well as significant and immediate environmental and health benefits.”
Related: McDermott begins construction of Oman LNG bunkering station at Sohar
Related: Total to develop LNG bunkering service at Oman
Photo credit: SOHAR Port and Freezone
Published: 21 April, 2020
El Coquí scheduled for inaugural LNG bunkering operation with cheaper domestic fuel in summer.
As part of the MoU, Petronas and CNOOC will explore establishing a global bunkering supply network, leveraging on both companies’ experience in LNG bunkering.
CMA CGM Palais Royal has left the shipyard in Shanghai and is a testimony of its commitment to maritime transport’s energy transition, it said.
‘The adoption of LNG as marine fuel in increasing, which is having a positive effect on the demands for new LNG bunkering vessels,’ says CIMC SOE shipyard spokesman.
HMD now reviewing other types of vessels for LNG-fuelled application, such as bulk carriers and container ships.
Small-Scale LNG Facility will help spur the development of LNG as bunker fuel to ships in the Port of Singapore.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
