Skangas, Titan LNG Join Forces on LNG Bunkering
- Business & Finance
Norway-based Skangas and Dutch supplier of liquefied natural gas Titan LNG reached an agreement to work together to provide more availability and optimization of LNG deliveries to the marine segment.
The companies recognize that marine customers can benefit from a “one-stop-shop” for their LNG bunkering needs. Through a Memorandum of Understanding (MoU) the parties would drive innovative solutions and operational excellence to meet LNG-fuelled ships’ operational requirements.
“Vessels require flexibility in order to trade profitably and need to bunker in a variety of ports. Hence ship operators need flexible, reliable and rapid deliveries of LNG. By partnering with Skangas we will develop a broader delivery scope for the operators of LNG powered vessels,” Niels den Nijs, CEO of Titan LNG, said.
“For ship owners considering if they should go for LNG as their new fuel there is now even less to worry about as we can assist them with both design and increased LNG availability,” den Nijs added.
Skangas currently operates two vessels that can bunker LNG. The company’s main operating area has been the Baltic and North Sea. Titan LNG is due to take delivery of the FlexFueler1, the first LNG bunkering pontoon in the third quarter of 2018. The pontoon will be able to deliver throughout the Amsterdam, Rotterdam and Antwerp region (ARA). Titan LNG is working on deploying more bunkering pontoons in various locations.