Shell strengthens LNG fuel business with innovative bunker vessel and bunker barge charter
Aug 11, 2017
The Hague, The Netherlands - Shell Western LNG B.V. (Shell) today announced two significant milestones for its liquefied natural gas (LNG) marine fuels business, including the arrival of the Cardissa, a state-of-the-art LNG bunker vessel with capacity to hold around 6,500 cubic metres of LNG fuel. This vessel’s seagoing capability enables Shell to serve customers with LNG fuel from the Gate terminal in Rotterdam to locations throughout Europe.
Shell also finalised a long-term agreement with a joint venture between Victrol NV and CFT to charter a LNG bunker barge with a capacity to carry 3,000 cubic metres of LNG fuel. Operating out of Rotterdam, the LNG bunker barge will provide additional flexibility to bunker a range of customers, including vessels operating on Europe’s inland waterways.
“LNG as a marine fuel has an important role to play in the future energy mix,” said Steve Hill, Executive Vice President of Shell Energy. “With these bunker vessels, as well as the Gate terminal, Shell is demonstrating its commitment to building a robust and reliable supply chain to meet customer needs. With tougher emissions regulations on the horizon, we will continue to work closely with our customers and partners on cleaner energy solutions.”
More ship owners and operators are choosing cleaner-burning LNG fuel over traditional marine fuels to respond to sulphur and nitrogen oxide emissions regulations, including the IMO’s recent decision to implement a global 0.5% sulphur cap in 2020.
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Notes to Editors:
- The development of LNG-fuelled vessels and ships, and the supporting infrastructure, enhances Shell’s position in Europe’s natural gas and LNG market. The now global trade in LNG began more than 50 years ago, when Shell brought the world’s first commercial LNG cargo from Algeria to the UK.
- In April, Shell announced an agreement with Sovcomflot to supply LNG for the word’s first LNG-powered Aframax crude oil tankers. The ships will operate in the Baltic Sea and Northern Europe, transporting crude oil and petroleum products.
- Shell will supply LNG to the world’s first LNG-powered cruise ships following an agreement with Carnival Corporation & plc. When completed, the two vessels will be the world’s largest passenger cruise ships and will enter service in northwest Europe and the Mediterranean in 2019.
- Shell is the first customer of a new, dedicated LNG for transport infrastructure. This dedicated LNG for transport supply infrastructure was announced in July 2014 - "Shell in terminal expansion deal to boost LNG fuel for transport".
- The Shell LNG Bunker Vessel is part of the project ReaLNG: Turning LNG as a marine fuel into reality in the North Sea-Baltic region and is co-financed by the European Union’s Connecting Europe Facility.
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