Largest LNG bunker supply vessel ready
A new 7,500m3 capacity LNG bunker supply vessel has started its voyage from Hyundai Mipo Dockyard (HMD) in South Korea to its primary area of operation in Northwest Europe.
Believed to be the world’s largest LNG bunker supply vessel, Kairos has a ballast-free design and CNG tank to store vapour return gas from customer vessels. The Babcock Schulte Energy (BSE) owned ship is expected to provide security of supply in the Baltic Sea as well as significantly contribute to green shipping, and will be ready for operations before the end of 2018.
“The arrival of the “Kairos” in the Baltic Sea will set a milestone for LNG as a ship fuel,” said Mahinde Abeynaike, CEO of Nauticor, which holds 90% of the joint venture that charters the vessel.
“From then on, supply of LNG as a marine fuel in the Baltic Sea is secured on a large-scale basis. This is a great step for sustainable and responsible shipping with a large impact on air and water quality,” he added.
LNG logistics chain
Mindaugas Jusius, CEO of Klaipėdos nafta, which holds the remaining 10% of the joint venture, pointed out that the new ship will ensure an efficient LNG reloading station service in the Port of Klaipėda (Lithuania) and offer a full LNG logistics chain in the Baltic Sea Region to its customers.
“The main advantage and ambition of the new vessel is to ensure more competitive pricing for the LNG reloading station users. It will not only reduce the cost of the LNG supply chain, but will also ensure the smooth and reliable service to distribution station users in Klaipėda,” noted Mr Jusius.
The construction of the vessel started in 2016 when the joint venture signed a time-charter agreement with BSE. In February 2018, steel cutting took place at HMD in Ulsan.
LATEST PRESS RELEASES
Gloryholder has been awarded the contract to design and supply the LNG cargo handling and fuel gas s... Read more
DESMI Ocean Guard’s CompactClean Ballast Water Management System Receives US Coast Guard Type Approval
Aalborg, DK, April 17, 2019– DESMI Ocean Guard A/S is pleased to announce that its CompactClean Ball... Read more
DESMI KaziCat is a true Multi-Purpose Catamaran Vessel despite its compact size; just below 24 meter... Read more
When the UK’s Royal Navy realised that the water pumps for firefighting on a number of its vessels w... Read more
SINGAPORE, 28 March 2019: UBM (Seatrade) and the Singapore Maritime Foundation (SMF), in collaborati... Read more