As LNG bunker supply operations increase in ARA ports, Titan LNG is chartering the 5,200 cbm-capacity Green Zeebrugge – formerly known as the Engie Zeebrugge – for ‘several years’.
The Green Zeebrugge will join Titan LNG’s two bunker barges already in operation, FlexFuelers 001 and 002, and will provide ‘better loading economics’ for the company.
Michael Schaap, Titan LNG’s Commercial Director Marine, commented: ‘We are excited to announce the chartering of the Green Zeebrugge. January has proven exceptionally busy, underlining the timeliness of our decision to secure this additional capacity.
‘Titan LNG caried out seven LNG operations during one weekend, three of which were to large crude shuttle tankers from Equinor, a term contract partner of Titan’s. Using the Green Zeebrugge we were able to ensure safe and timely deliveries to all the vessels.’
Last November, NYK Line and its partners in the Gas4Sea LNG bunker brand dissolved Marine LNG Zeebrugge, the joint venture company created to manage it. As part of this decision, NYK took full ownership of the Engie Zeebrugge bunker vessel, changing its name to Green Zeebrugge.
Titan LNG is also nearing a Final Investment Decision on the 8,000 cbm LNG Hyperion, which would deliver additional capacity from early 2023.
Titan LNG says it expects to have the largest network of LNG bunkering vessels in Europe by 2025.