Titan LNG lines up new bunkering vessel
Titan LNG, a Dutch independent supplier of LNG as a marine fuel launched a development tender for a new LNG bunkering barge, Titan Krios.
The company aims to increase the accessibility of LNG as a marine fuel in the Port of Zeebrugge and in the English Channel ports.
The new vessel, which will fulfill part of the base demand in Zeebrugge that Titan LNG is already supplying, will operate with multiple tanks to segregate streams of LNG and bio-LNG.
As it can be stored and supplied using existing infrastructure, blended with LNG, and dropped into existing engine technology, bio-LNG presents a financially sound long-term investment for many operators and owners looking to decarbonise operations, and comply with emission reductions regulations, the company said.
In line with Titan LNG’s design philosophy, Krios is a compact seagoing LNG bunker vessel with a 4,200-cbm capacity.
The first delivery is expected to be fulfilled in 2023, Titan LNG said. The vessel will feature cargo conditioning equipment and will have 2 bow thrusters for easy maneuvering. The design of the vessel was done by HB Hunte engineering.
The development tender comes just one month after the christening and subsequent launch of FlexFueler002, a co-built LNG bunkering barge from Titan LNG and gas infrastructure group, Fluxys.
Commenting on the move, Titan LNG’s commercial director marine, Michael Schaap, said, “As demand for LNG, and increasingly bio-LNG, accelerates, ensuring the right infrastructure and supply is in place for our customers is essential. LNG is the only fuel choice available today which offers immediate and long-term benefits to reducing GHG emissions, and a clear pathway to achieving decarbonisation targets. With the new Titan Krios joining our expanding fleet, we will continue our efforts to enable a more sustainable future for shipping through global accessibility to LNG, bio-LNG and eventually clean LNG produced from green hydrogen.”