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TITAN CARRIES OUT LARGEST-YET LNG BUNKERING

Thursday, July 11, 2019 

Titan LNG has successfully completed the largest LNG bunkering operation to date, on Heerema’s new LNG fuelled crane ship ‘Sleipnir’, recently constructed in Singapore, and which was supplied with over 3000 metric tonnes of chilled LNG.

According to Titan LNG CEO  Niels den Nijs, this is the largest quantity of LNG that has ever been bunkered and proves that this upcoming fuel is available anywhere now. “I’m extremely proud of the Titan team that has successfully completed the largest LNG bunkering in the world”, he said.

“It was a complex project to supply this eight-legged innovative crane vessel, the Sleipnir. I’d like to thank Pavilion Gas and SLNG for the support in Singapore and Anthony Veder and Bernhard Schulte Shipmanagement, our shipping partners, that completed this Dutch-Singaporean project. Titan LNG looks forward to supplying Heerema with more LNG in the future to fulfil our mission of lowering harmful emissions of the marine and industrial sector.”

Koos-Jan van Brouwershaven, CEO Heerema, said: “Not only is the Sleipnir the world’s largest and strongest vessel, it is also first of its kind as far as sustainability goes. Sustainability is an integral part of HMC’s identity, embedded in our daily work practices. But we intend to do far more than that. It shows that we act sustainable because we want to. Not because we have to. This specific project of bunkering LNG is proof of this ambition. We are very pleased to work together with Dutch Company Titan LNG, since it provided us with good solutions for bunkering, in Singapore as well as in Spain.”

Titan LNG chartered the Coral Fraseri for this delivery, the newest addition to the Anthony Veder small scale LNG pool of vessels. The ship loaded in Singapore at the SLNG terminal where Titan LNG sourced the fuel from Pavilion Gas, the Singaporean gas and LNG supplier. The Coral Fraseri followed the Sleipnir offshore and performed a ship-to-ship operation to cool down and fill the tanks.

Titan believes the business case for LNG-fuelled vessels remains very compelling and hurdles are coming down for the widespread adoption of this cleaner fuel. The economics have worked out well for early adopters of LNG as a marine fuel, using ECA and IMO 2020 compliant fuel compared with the current price of heavy fuel oil.

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