Connect with us

LNG Bunkering

Sri Lanka Board of Investment ‘Hambantota LNG Hub’ includes LNG bunkering ops

‘The Port could also commence using LNG for bunkering thereby making Hambantota Port and its industrial Zone as a ‘Clean Energy Zone’ of the future,’ said Pearl Energy.

Admin

Published

on

Board of Investment of Sri Lanka LNG Hambantota

The Board of Investment of Sri Lanka (BOI) on Monday (24 August) signed an agreement with Pearl Energy (Pvt) Ltd to launch the ‘Hambantota LNG Hub’ – a floating storage LNG trading facility at the Port of Hambantota, which includes plans for developing LNG bunkering.  

The total investment of the project is USD 97.2 Million and Pearl Energy will utilise a floating storage unit (FSU) with an initial capacity of 1 million tonnes per annum (MTPA) to commence commercial operations within 6 months, it said. 

The company said it will first deploy small LNG Carriers to re-distribute LNG to South India & the Maldives providing LNG as a clean and affordable alternative to the industries in these locations.

“Taking the ‘early mover’ Advantage we will strive to place Sri Lanka as a future LNG Hub of the world,” said Tania Siegertsz, Director, Pearl Energy.

“Factors including the strategic location of Hambantota, Newly established stable government and its investor friendly policies along with the fast growing regional demand for LNG Encouraged our investors led by Omar Siraj of Saudi Arabia to place their confidence on this project despite the global economic downturn caused by the Covid-19 pandemic.

“The Port too could also commence using LNG for bunkering thereby making Hambantota Port and its industrial Zone as a ‘Clean Energy Zone’ of the future.”

Hambantota Port has the geographic advantage of being strategically located nearest to the world’s busiest shipping lane with the added benefit of a deep water coastline, noted the BOI.

This allows the port to be capable of handling the world’s largest container ships and supertankers making it an ideal location for the transshipment of goods and natural resources moving across the subcontinent. 

Hambantota is also integrated into the global development strategy of the Chinese government, the Belt and road initiative (BRI), providing the opportunity for wider regional maritime connectivity, added the BOI.


Photo credit : Board of Investment of Sri Lanka
Published: 26 August, 2020

 

Continue Reading

LNG Bunkering

Peninsula supplies LNG bunker fuel to EPS crude oil tanker “Starway”

Peninsula’s LNG bunker vessel “Levante LNG” supplied “Starway” with approximately 3,500 cubic metres of LNG on 29 to 30 November at the Gibraltar Port’s Western Anchorage.

Admin

Published

on

By

Peninsula supplies LNG bunker fuel to EPS crude oil tanker “Starway”

Marine fuel supplier Peninsula on Thursday (7 December) said it has successfully completed the supply of liquefied natural gas (LNG) as a marine fuel to Singapore-based, Eastern Pacific Shipping Pte. Ltd.'s (EPS) Suezmax crude oil tanker Starway.

Peninsula’s Levante LNG, the company’s first purpose built 12,500m3 LNG bunker vessel, supplied Starway with approximately 3,500 cubic metres of LNG on 29 to 30 November at the Gibraltar Port’s Western Anchorage. 

Nacho de Miguel, Peninsula’s Head of Alternative Fuels & Sustainability, said: “EPS vessels like the Starway and her sister, the Greenway, the world’s first LNG fuelled Suezmax tanker, are paving the way for a lower carbon future. Through our investment in assets like the Levante LNG we can close the supply chain loop to give these vessels access to lower-carbon fuels in the world’s leading ports. I want to thank EPS for partnering with Peninsula to help power them towards a more sustainable future.”

Capt. Suraj Sundaresan, General Manager, Operations at EPS, said: “Peninsula bridges shipowners like us who are at the forefront of the industry’s energy transition, and Ports who are evolving to host alternative-fuel powered vessels. Our vision to lower emissions is mirrored in Peninsula’s desire to provide lower carbon options today. The availability of low-carbon fuel supply is incredibly important. As the demand for alternative fuels towards decarbonisation increases, we rely on suppliers like Peninsula to help keep our state-of-the-art alternative-fuelled ships moving.”

Photo credit: Peninsula
Published: 8 December, 2023

Continue Reading

LNG Bunkering

DNV awards AiP to China Merchants Jinling Shipyard for world’s largest PCTC design

DNV has awarded an Approval in Principle certificate to China Merchants Jinling Shipyard (Nanjing) for its 11,000-CEU capacity LNG-fuelled PCTC design at Marintec China trade fair.

Admin

Published

on

By

DNV awards AiP to China Merchants Jinling Shipyard for world’s largest PCTC design

Classification society DNV on Wednesday (6 December) said it has awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for its 11,000-CEU capacity LNG-fuelled pure car and truck carrier (PCTC) design at the Marintec China trade fair. 

Recognized as the world's largest PCTC, the 234m long and 40m wide ship will have 14 decks allowing 11,000 car equivalent units (CEUs) to be stored simultaneously, which not only increases efficiency but also reduces the transport cost per vehicle.

By implementing a combination of decarbonization measures, the so-called “Super Large Smart Green 11,000” design will result in a significant reduction in carbon emissions, in line with the stringent requirements of the Energy Efficiency Design Index (EEDI) Phase 3 and NOx Tier III. The PCTC will use LNG as its primary fuel and will be equipped with a 4,200cbm LNG storage tank.

With the assistance of ship designer Deltamarin, the hull line of the vessel has been optimised through numerous CFD calculations and ship model tests. Additional energy-saving features include a stern flow optimization device and an air lubrication system, which effectively minimise resistance and reduce the required propulsion power. The integration of hybrid propulsion systems and solar power further underlines the commitment to reducing energy consumption.

"We expect the market for electric vehicles to continue to grow, driving demand for PCTCs. Scale, energy efficiency and low carbon fuel are key to reducing emissions from the transport of these vessels. As a leading class for car carriers, DNV is honoured to be entrusted with the assessment of this next generation of car carriers and we look forward to working with China Merchants to bring these vessels to the water," said Norbert Kray, Regional Manager Greater China at DNV Maritime.

According to China Merchants, the shipyard is already in discussions with potential customers for the 11,000 CEU PCTC.

Photo credit: DNV
Published: 7 December, 2023

Continue Reading

Alternative Fuels

China: ClassNK AiP issued to SDARI for three vehicle carrier designs with alternative fuel propulsion

ClassNK has issued AiPs for ammonia ready, methanol dual fuel and ammonia dual fuel vehicle carriers which were developed by Shanghai Merchant Ship Design & Research Institute.

Admin

Published

on

By

China: ClassNK AiP issued to SDARI for three vehicle carrier designs with alternative fuel propulsion

Classification society ClassNK on Wednesday (6 December) said it has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI) at Marintec China 2023.

The first AiP acknowledged an ammonia ready, LNG dual-fuel vehicle carrier with a capacity of 7,000 CEU, a significant first in China’s independently developed design. SDARI integrated the GTT MARK III Flex containment system for LNG and ammonia fuel storage to maximise the cargo capacity efficiently.

ClassNK also granted AiPs for both methanol dual-fuel and ammonia dual-fuel vehicle carriers, each with a capacity of 10,000 CEU, which is envisioned to lead the development of ultra-large vehicle carriers.

‘SDARI has created these three models exemplify the new generation of green vehicle carriers, adaptable to various alternative fuel options and catering to future market demands,” ClassNK said in a statement. 

“ClassNK has engaged in SDARI’s development projects, and carried out its review in accordance with the relevant standards, including its latest structural rules Part C and Guidelines for Ships Using Alternative Fuels.”

“Marking the AiPs as the milestone, ClassNK is committed to further providing expertise to assist the design firm’s initiative in expanding the industry’s pathway for the transition to decarbonisation.”

Photo credit: ClassNK
Published: 7 December, 2023

Continue Reading
Advertisement
  • EMF banner 400x330 slogan
  • v4Helmsman Gif Banner 01
  • Consort advertisement v2
  • SBF2
  • Aderco advert 400x330 1
  • RE 05 Lighthouse GIF

OUR INDUSTRY PARTNERS

  • 102Meth Logo GIF copy
  • HL 2022 adv v1
  • Singfar advertisement final
  • E MARINE LOGO
  • Triton Bunkering advertisement v2


  • Manifoldtimes LogoAdv 300x300px
  • Trillion Energy
  • metcore
  • Golden Island logo square
  • Cathay Marine Fuel Oil Trading logo
  • MFA logo v2
  • CNC Logo Rev Manifold Times
  • SMS Logo v2
  • intrasea
  • Central Star logo
  • Advert Shipping Manifold resized1
  • VPS 2021 advertisement
  • Headway Manifold
  • 400x330 v2 copy

Trending