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Titan LNG rebrands as Titan to reflect commitment for decarbonisation

New name better reflects Titan’s commitment to delivering all bunker fuels that decarbonise the shipping industry such as LBM and any hydrogen-derived green fuel in the future.

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Independent bunker fuel supplier to the marine industry Titan LNG on Wednesday (15 June) announced it has rebranded as Titan. 

The new name better reflects Titan’s commitment to delivering all the fuels that decarbonise the shipping industry in a substantial way, such as liquefied biomethane (LBM), and any hydrogen-derived green fuel in the future, says the firm. 

Titan specialises in providing shipping and industrial customers with end-to-end clean bunker fuel solutions. This includes project planning, physical supply and delivery, as well as risk management and hedging services to mitigate price fluctuations.

As an independent clean fuel company, Titan is not locked into conventional liquefied natural gas (LNG) long-term and can work with other suppliers of low carbon and carbon neutral fuels to enable reliable availability and supply anywhere in the world, the company explains. 

“As one of the first companies in Europe to provide safe delivery of LNG and LBM, we have proven ourselves to be pioneers in the market and continue to expand our services globally. Dropping the single product focus from our name reflects how we will use our expertise for other fuels that will emerge after LNG. Our extensive investment program for the immediate and long-term future is 100% dedicated to carbon neutral fuel infrastructure, such as LBM production plants and LBM bunker vessels,” said Niels den Nijs, CEO, Titan.

“Today, LBM is the fuel of choice for many shipowners which provides a clear pathway into a carbon neutral future with the possibility to blend in hydrogen-derived e-methane when available. However, we recognise that decarbonization will require a range of solutions, and when other alternative fuels become available at scale, we are ready to add them into our supply portfolio.”

Titan collaborates with various shipowners to create clean fuel delivery programs that are tailored, safe, and cost-effective. It currently operates four LNG and LBM supply vessels across Europe; two FlexFuelers, the Green Zeebrugge, plus regularly chartered vessels. The newbuild program, that consists of the Krios and Hyperion series, will join Titan’s expanding infrastructure in late 2024 on the back of the long-term contracts in place. 

Titan will only produce, source, and supply carbon neutral products that originate from second generation residues or renewable electricity to produce hydrogen from electrolysis, e-fuels, including hydrogen-derived e-methane, green methanol, and green ammonia. 

Engine manufacturers are designing and building dual or multi-fuel engines that are, or will be, capable of using many of the future fuels being considered. This protects the capital investments made by vessel owners today and reduces future fuel risks, regardless of whether technologies change or not. 

Niels den Nijs concluded: “The name change represents the natural evolution of our company, the conversations we are having with current and future clients, together with the various EU fundings we have received for LBM production plants and hydrogen-derived e-methane projects. We are excited about the future and believe that Titan is perfectly placed to support shipowners and the industry as it transitions to a net zero carbon future.”

The Titan rebrand follows the news that, in partnership with Attero and Nordsol, Titan has recently been awarded €4.3m in funding for a LBM production plant in Wilp, the Netherlands. 

The FirstBio2Shipping project, set to be completed in 2023, will achieve a decentralised production of LBM designated for use in the maritime industry. More LBM projects are underway, as well as hydrogen derived e-methane projects that are nearing final investment decisions. 

Related: Titan, Attero and Nordsol receive USD 4.8 million funding for bio-LNG marine fuel production plant
Related: Titan LNG “FlexFueler 002” bunker barge delivers 60 mt of bio-LNG bunker fuel to “Fure Vinga”
Related: Titan LNG enters partnership for bunker fuel supply to Brittany Ferries’ newbuild hybrids
Related: Titan joins SEA-LNG to share knowledge and expertise on LNG as a bunker fuel
Related: France: Titan LNG collaborates with Corsica Linea on delivery of LNG and bioLNG bunker fuel

 

Photo credit: Titan
Published: 16 June, 2022

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Newbuilding

Singapore: EPS orders ammonia, LNG dual-fuel vessels from China

EPS signed one contract for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International.

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Singapore-based Eastern Pacific Shipping (EPS) on Wednesday (28 February) said it signed two new contract orders in a signing ceremony in Shanghai, one for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International. 

The contracts signed cover four 210,000 dwt ammonia dual-fuel bulk carriers and two 111,000 dwt LNG dual-fuel LR2 oil tankers, expanding our fleet of green vessels on water. 

“These are pivotal for EPS, testament to our continued commitment towards the decarbonisation of shipping,” EPS said in a social media post.

Manifold Times recently reported EPS signing a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel

The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate exceptional propulsive efficiency, will be fitted later this year, helping the 183-metre, 50,000 DWT oil and chemical tanker reduce overall energy consumption by approximately 10%, depending on vessel routing.

Related: Singapore: EPS orders its first wind-assisted propulsion system for tanker

 

Photo credit: Eastern Pacific Shipping
Published: 1 March 2024

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LNG Bunkering

Malaysia: Port of Tanjung Pelepas completes first LNG bunkering operation

Landmark event involved the CMA CGM Monaco, a 14,024 TEUs containership operated by French shipping giant CMA CGM.

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Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, on Wednesday (28 February) announced a significant milestone with the successful completion of its first Liquefied Natural Gas (LNG) bunkering operation. 

The landmark event involved the CMA CGM Monaco, a 14,024 TEUs (Twenty-foot Equivalent Units) capacity containership operated by French shipping giant, CMA CGM.

Tan Sri Che Khalib Mohamad Noh, Chairman of PTP in a statement remarked this latest milestone demonstrates PTP’s commitment to continuously enhance its competitive advantages in an increasingly competitive global market.

“The successful completion of our first LNG bunkering operation also underscores our unwavering commitment to sustainability and environmental leadership. We are proud to partner with Petronas Trading Corporation Sendirian Berhad (PETCO) and CMA CGM on this initiative and showcase PTP’s capabilities as a leading facilitator of clean and efficient maritime operations.”

“This milestone paves the way for further growth in LNG bunkering at PTP, contributing significantly to the decarbonisation of the maritime industry.”

Commenting on this achievement, Mark Hardiman, Chief Executive Officer of PTP stated this latest milestone further highlights PTP’s position as the largest transshipment hub terminal in Malaysia.

“In preparation for the LNG bunkering operation, PTP worked closely since March 2022 with PETCO and CMA CGM, as well as with various other related government agencies to organise table-top exercises (TTX) and workshops, before carrying out the deployment exercise.”

“The success of the bunkering operation is a result of the seamless collaboration and preparations involving rigorous safety procedures through in-depth operational and risk assessments, modelling, and validation. We thank PETCO, CMA CGM all other involved parties for their joint efforts in operationalising the bunkering capability and we welcome partners to work with us to accelerate maritime decarbonisation,” said Hardiman.

Port of Tanjung Pelepas (PTP) is Malaysia’s largest transshipment hub with the capacity to handle 13 million TEUs annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.

 

Photo credit: Port of Tanjung Pelepas
Published: 1 March 2024

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Alternative Fuels

Wallenius Wilhelmsen to order four additional methanol DF PCTCs

Newbuilds will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

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Wallenius Wilhelmsen PCTC order

Roll-on/roll-off (Ro-Ro) shipping company Wallenius Wilhelmsen on Tuesday (27 February) declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels.

The 9,300 CEU methanol dual fuel vessels can utilise alternative fuel sources, such as methanol, upon delivery. They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

“Together with our customers we are committed to further shaping our industry and accelerating towards net zero. These new vessels are a vital part of that journey,” says Xavier Leroi, EVP & COO Shipping Services.

This latest commitment brings the total number of Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) to eight. Wallenius Wilhelmsen also retains further options.

The first of the Shaper Class vessels already ordered are expected to be delivered in the second half of 2026. The four additional vessels under the declared options will be delivered between May and November 2027.

 

Photo credit: Wallenius Wilhelmsen
Published: 1 March 2024

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