ABS to Class First NA West Coast LNG Bunker Barge
The first liquefied natural gas (LNG) bunker barge on North America’s west coast, which is expected to serve shipping from 2023, is to be built to ABS class.Cryopeak LNG Solutions Corporation and Island Tug & Barge Ltd. (ITB) have developed a design for a 4,000 cubic meter capacity articulated tug and barge (ATB). The design utilizes one of ITB’s tugs to deliver LNG as a fuel to shipping companies calling to ports on the West Coast.Cryopeak CEO Calum McClure recently told MarineLink that design work is underway in Vancouver, B.C. as the partners finalize a shipyard selection.
Cryopeak Inks Deal with Island Tug & Barge for LNG Bunkering
Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia, Canada.Cryopeak and ITB have developed a design for a 4,000-cubic-meter articulated tug and barge (ATB) which is planned to be in operation in 2023. A key feature of this solution is that it will leverage one of ITB's tugs designed and…
BP Energy Partners Acquires Cryopeak LNG Solutions
The private equity firm focused on the energy industry BP Energy Partners (BPEP), LLC announced it has purchased a controlling interest in Cryopeak LNG Solutions Corp, a customer-centric liquified natural gas (LNG) solutions company.Cryopeak will become a portfolio company in BPEP's second private equity fund, BP Natural Gas Opportunity Partners II, LP. In addition to the controlling interest acquisition, BPEP will also commit additional capital to Cryopeak to support its continued growth throughout North America.Cryopeak is focused on providing industrial customers and utilities with access to clean and reliable natural gas in locations where natural gas pipeline services are unavailable…
LNG America & Liquiline Join Hands in Marine Fuel Market
LNG America and Liquiline announce an agreement to jointly develop commercial offerings for LNG marine fuel markets in the North American Pacific Northwest and the transport of LNG in ISO containers to remote markets in Hawaii and Alaska. The parties to the agreement explain that each brings unique skills and experience to the joint initiative: Liquiline has pioneered the use of LNG ISO containers for LNG fuel markets in Northern Europe; LNG America is developing LNG distribution networks including America’s first Jones Act LNG bunker/shuttle vessels. Together, the joint effort will focus on the movement of LNG over long distance by ISO containers being moved by ship and the servicing of local markets by way of LNG bunker/shuttle vessels.
LNG America, Liquiline Partner for LNG Transport
LNG America and Liquiline announce an agreement to jointly develop commercial offerings for LNG marine fuel markets in the North American Pacific Northwest and the transport of LNG in ISO containers to remote markets in Hawaii and Alaska. Each party brings unique skills and experience to the joint initiative. Liquiline has pioneered the use of LNG ISO containers for LNG fuel markets in Northern Europe; LNG America is developing LNG distribution networks including America’s first Jones Act LNG bunker/shuttle vessels. Together, the joint effort will focus on the movement of LNG over long distance by ISO containers being moved by ship and the servicing of local markets by way of LNG bunker/shuttle vessels.
