Gasum Consolidates Nordic LNG Market
The Liquefied Natural Gas (LNG) company Skangas is renamed Gasum (See MarineLink report ). The Scandinavian distributor and producer of small-scale LNG claimed that the name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of LNG in the region. Gasum operates under one strong brand in the Nordic countries.The energy company Gasum increased its shareholding in Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy…
Skangas Becomes Gasum
Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated gas company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and the LNG infrastructure.The name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of liquefied natural gas (LNG) in the region.
Skangas Inks LNG Bunker Deal with Gothia Tanker Alliance
Skangas entered into an agreement with parts of the Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel.The new agreement comprises current as well as new vessels with LNG propulsion soon to come, said a press release from the supplier of liquefied natural gas (LNG) in the Nordic markets.The main Swedish shipping companies that will get the advantage of the supply agreement with Skangas are Furetank Rederi AB, Erik Thun AB and Rederi AB Älvtank. These shipping…
Gasum Acquires Skangas
Energy company Gasum has increased its shareholding in Norwegian liquefied natural gas (LNG) provider Skangas to 100%. The acquisition strengthens a key element of Gasum's strategy and will further enhance the development of the Nordic gas market and LNG distribution network.According to a press release from the Nordic energy company the increase in shareholding consolidates Gasum's position as the leading Nordic LNG provider and the gas market forerunner.Nordic energy company…
LNG Bunkering to Grow at CAGR of 62.50% CAGR to Reach $247bn in 2023
The global liquefied Natural Gas (LNG) bunkering market is expected to witness a CAGR of 62.5% over the forecast period 2017-2023, and is projected to reach USD 24,684.7 million by 2023.The key factors driving the growth of LNG bunkering market are increase in LNG demand in order to reduce the carbon footprint in the shipping industry stringent international emission policy, the best cost- effective alternative fuel and significant rise in government initiatives supporting LNG adoption.According to a research report from Energias Market Research…
Copenhagen Malmo Port Begins LNG Bunkering
Copenhagen Malmö Port (CMP) now offers bunkering of Liquefied Natural Gas (LNG). First off was the vessel Ireland, which unloaded cement in Malmö. In connection with this she was provided with LNG via tanker lorries. It's about bunkering where safety requirements are extra tough. The bunkering at the end of May was made possible through close cooperation between the LNG supplier SkanGas, the client company Cementa, and CMP. Together the companies have investigated risks, taken precautionary measures and developed routines for bunkering LNG at CMP.
LNG is the Bridge to ‘Zero Emissions’ Shipping
The advent of industry wide tightening of allowable sulfur emissions is getting nearer. Suddenly, with the deadline now little more than one year away, the countdown clock will very soon be ticking much louder. Simply stated, the cap on allowable sulfur content in marine fuels, presently at 3.5 percent in many geographical regions, will be reduced to 0.5 percent in January 2020. The 0.1 percent sulfur cap, already in effect since 2015 in coastal Emissions Control Areas (ECAs) in Europe and North America…
Port of Gothenburg to Start LNG Facility
The Port of Gothenburg has launched the construction of a liquefied natural gas (LNG) facility in an effort to open up new opportunities for LNG-fuelled ships. "Construction of a liquefied natural gas (LNG) facility is now under way at the Port of Gothenburg. The facility will open up new opportunities for LNG-fuelled ships that call at the Gothenburg Energy Port. It will become fully operational during 2018," said a statement from the company. LNG is currently the cleanest marine fuel available to major shipping companies.
Coral EnergICE Named in Finland
The first liquefied natural gas (LNG) carrier to hold 1A Super ice class was named Coral EnergICE during a ceremony at the Port of Turku, Finland on January 25. The 18,000-cubic-meter capcity Coral EnergICE was constructed by German shipbuilder Neptun Werft for owner Anthony Veder, and will be operated by Skangas to transport LNG to the Skangas terminal in Pori and the joint venture Manga LNG terminal Tornio in Finland. The LNG carrier is the third Anthony Veder has delivered to Skangas in the past five years.
Trelleborg Solutions for FLNG Ship-to-Shore System
Trelleborg has hailed the recent test of the Universal Transfer System (UTS) conducted with Connect LNG and Gas Natural Fenosa, as tangible evidence of the new applications that its suite of products for jettyless LNG transfer can unlock in this challenging field. The UTS transferred LNG from the Skangas-chartered LNG carrier Coral Energy to the onshore terminal at the Norwegian port of Herøya on October 7 and is now in full commercial operation. A ‘plug and play’ solution, the UTS requires no modifications to the LNG carrier – instead…
Skangas to Source LNG at Import Terminal on Isle of Grain
Skangas has announced that it has signed a Letter of Intent (LoI) with National Grid Grain LNG. Under the terms of the LoI, Skangas is to source LNG at the Grain LNG import terminal on the Isle of Grain in the UK. Skangas, which produces LNG, struck the deal with Grain LNG to ensure a reliable supply of LNG is available, which is critical to the fast-growing small-scale LNG market. As a result of this recent development, Skangas becomes the first small-scale LNG supplier to enter into such an agreement with a UK-based import terminal.
Finland's Manga LNG Terminal Gets First Cargo
The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas. Once completed in summer 2018, the import terminal will be the largest LNG terminal in the Nordic countries and the second LNG terminal in Finland.
Skangas, Statoil Pact for LNG Reload at Klaipeda
Skangas signed an agreement with Statoil, the Norwegian oil and gas company, for a small-scale LNG reload to take place at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017. This will be the first reload conducted at the terminal and it is the first time Skangas source LNG from Statoil. Skangas eyes this a natural next step to further increase the support for the development of the small-scale market in Northern Europe. Adding this Terminal increases possibilities and competition, which also gives security of supply and all parties’ better opportunities.
Megastar's First LNG bunkering at Skangas Pori Terminal
To be completed at the Meyer Turku shipyard in late January, Tallink’s new liquefied natural gas (LNG) powered fast ferry M/S Megastar was bunkered with LNG for the first time at the newly opened Skangas Pori LNG terminal on January 4. Her maiden voyage will take place from Tallinn to Helsinki in late January. The ferry is fuelled with the cleanest available marine fuel LNG and is compliant with the new, stricter emission regulations of Emission Control Areas (ECAs) such as the Baltic Sea. The hull with unequalled efficiency was designed exclusively for Megastar by Meyer Turku Shipyard.
LNG Ferry Megastar Nears Completion
The construction of Tallink’s new LNG-powered fast ferry Megastar is nearing completion at the Meyer Turku shipyard, where the vessel is receiving finishing touches before transporting its first passengers January 29, 2017. The €230 million ferry is powered by three 12-cylinder Wärtsilä 12V50DF and two six-cylinder Wärtsilä 6L50DF four-stroke dual-fuel gensets. Megastar will run primarily on LNG, though it is also able to run on marine diesel. Megastar will sail the Helsinki-Tallinn route for Tallink, who says the 212-meter-long, 49,000-gross-ton ferry can carry up to 2,800 passengers.
LNG Icebreaker Polaris Bunkers in Pori
Polaris, the newest icebreaker of the Finnish icebreaking service company Arctia, set out from Katajanokka, Helsinki, for icebreaking duty in the Bothnian Bay and arrived January 10 for bunkering at the Skangas liquefied natural gas (LNG) terminal in Pori, where the vessel received approximately 700 m3 of LNG. “Polaris arrived via Utö through the Turku Archipelago to the Skangas LNG terminal in the Tahkoluoto harbor in Pori. The Pori terminal is located by a deep and wide fairway, so it was easy to access and we kept on schedule.
Skangas Names LNG Bunker Supply Ship Coralius
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen, Chair of the Board of Skangas and Chief Executive Officer of Gasum. The 5,800 cbm vessel was commissioned by owners Anthony Veder and Sirius Shipping in 2015 and was built by Royal Bodewes. This new vessel will offer LNG bunkering services for Skangas, a subsidiary of Gasum, mainly operating in the North Sea, the Skagerak area and the Baltic Sea. With this new bunker feeder, LNG as a marine fuel will become more accessible for the Scandinavian region.
Small Scale LNG Market to Grow at 2.5% to 2022
The Global Small Scale LNG Market is expected to grow over the CAGR of around 2.5% during the period 2014 to 2022, says a report by Market Research Future. The growth of the Small Scale LNG Market is majorly driven by increased demand for energy in the Asia-Pacific region. The government initiatives that focus on providing cleaner fuel, is driving the market, especially in countries such as India and China. The market is further driven by the growing adoption of LNG for heavy duty transportation purposes in the Europe and North American regions.
LNG from Skangas
Skangas and ESL Shipping have entered into an agreement for providing gas fuel to ESL’s LNG-powered bulk carrier newbuildings. These two new vessels will start operating during first half of 2018. The first of the two vessels was named “Viikki” in June 2017, honoring the shipping company’s tradition to name its ships for places in Helsinki. “This agreement is a milestone for Skangas. Ms Viikki will be the first vessel that we will serve from the new LNG terminal in Tornio”, explains Kimmo Rahkamo, CEO of Skangas. “There will be more to come. This is supported by ESL Shipping.
Skangas Delivers Milestone Fuel Change
Skangas said its vessel Coralius has for the first time both cooled down tanks and delivered liquefied natural gas (LNG) in one operation. The receiving vessel LEG/C Navigator Aurora was supplied with just under 500 mt LNG in the middle of a voyage between Sweden and South Europe over October 7 and 8, 2017. Going from using diesel oil to LNG requires time consuming but necessary process of cooling down operation of the receiving ship’s fuel gas tanks from ambient conditions to minus 160 degrees.
Skangas, Titan LNG Sign MoU
Skangas of Norway and Titan LNG based in The Netherlands have signed a Memorandum of Understanding (MoU). The two companies will cooperate on serving marine Liquefied Natural Gas (LNG) customers. For ship operators this agreement will contribute to the overall availability as well as the optimization of LNG deliveries in the wider region. Skangas of Norway and Titan LNG based in The Netherlands have signed a Memorandum of Understanding (MoU). The two companies will cooperate on serving marine Liquefied Natural Gas (LNG) customers.
Finland's 1st LNG Terminal Opens
Finland’s first liquefied natural gas (LNG) import terminal at Pori on the west coast was officially opened, says Gasum. Deliveries of LNG to customers began on the same day, the company said in its statement. It enables LNG deliveries to industrial, maritime and heavy-duty road transport customers outside the gas pipeline network and diversifies the Finnish energy market. Access to LNG in Finland will improve considerably following the opening of the terminal. This is an important…
Skangas Secures Framework Agreement with Statoil
Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered to several bases along the Norwegian west coast by ship. Skangas will in addition deliver LNG to Statoil’s tugs at Kårstø. The agreement is valid from 1 April 2017 until the end of 2020 with an option for two plus two years. The supply bases are located at Mongstad, Florø (Saga Fjordbase) and Kristiansund (Vestbase).