Marine Link
Tuesday, November 19, 2024

World’s Largest LNG Bunker Supply Vessel Chartered

Maritime Activity Reports, Inc.

October 11, 2016

(Image: Bomin Linde LNG)

(Image: Bomin Linde LNG)

Liquefied natural gas (LNG) supplier Bomin Linde LNG said it has secured a capacity of 7,500 m3 LNG bunker supply vessel, the largest of its kind to date, via a time-charter contract signed with ship owner Bernhard Schulte on September 30, 2016.
 
The vessel is chartered by a joint venture, established in November 2015, in which Bomin Linde LNG holds 90 percent. The remaining 10 percent are held by Klaipėdos Nafta, the owner and operator of the Klaipeda LNG import terminal.
 
Upon the vessel’s commissioning slated for late 2018, Bomin Linde LNG will use the LNG bunker supply vessel to supply marine customers and small-scale LNG terminals along the Baltic Sea coast. For Klaipėdos Nafta, the vessel secures a flexible LNG transport service to its onshore LNG reloading station.
 
Mahinde Abeynaike, Chief Executive Officer of Bomin Linde LNG, said, “The share of LNG as a marine fuel will grow significantly in the Baltic Sea over the next few years. We intend to be at the front, leading the development. Signing this contract is an important milestone for Bomin Linde LNG and a big step forward for the maritime LNG market in the Baltic Sea region. For the first time ship owners and operators will have access to a complete LNG supply chain in the Baltic Sea region. The new vessel will secure LNG supply at an attractive price level, which is crucial for ship owners and charterers of LNG-powered vessels. Our parent company The Linde Group already operates the LNG terminal in Nynashamn and the smaller LNG bunker supply vessel SEAGAS in Stockholm. Complemented by LNG trucking operations Bomin Linde LNG, with the new large supply vessel can rely on a unique LNG supply network.”
 
The vessel will be highly maneuverable thanks to its propulsion and steering system including azimuth thrusters and pump jets. Even offshore bunkering will be possible using Dynamic Positioning 2 (DP2) technology. Frequency-driven pumps with high flow rates will allow for fast LNG transfer to client vessels with short-term layovers at port.
 
Concurrent to the charter contract, The Linde Group acquired the shares of Bomin Linde LNG held by previous co-owner Marquard & Bahls. “Bomin Linde LNG will complement and expand our existing LNG portfolio, offering customers access to a unique spectrum of LNG infrastructure in the Baltic Sea and North Sea region,” said Bernd Eulitz, Member of the Executive Board of Linde AG.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week