Small Scale Lng News

Stolt-Nielsen Limited opened 2026 with a solid—if more tempered—financial performance, underscoring both the resilience of its diversified logistics portfolio and the mounting pressures facing global chemical shipping markets.The London-based group reported first-quarter revenue of $716.8 million and net profit of $47.5 million for the period ending February 28, 2026, compared to $675.6 million and $151.4 million, respectively, in the same period a year ago. The sharp year-on-year profit decline was largely attributable to one-off gains booked in 1Q25…

Stolt-Nielsen Limited and Nippon Yusen Kabushiki Kaisha announced that, through Stolt-Nielsen’s subsidiary Stolt-Nielsen Gas Ltd., Stolt-Nielsen has entered into a share purchase agreement to sell 50% of Avenir LNG Limited to NYK Line. Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels.With this partnership, Stolt-Nielsen and NYK Line will expand their future small-scale LNG and LNG bunkering opportunities through the joint venture…

Wärtsilä Gas Solutions has secured a contract to supply LNG cargo handling and fuel gas supply systems for two 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels under construction at Zhejiang XinLe Shipbuilding yard in China.The vessels will be owned by a Hong Kong-based shipowner. The order was booked in the fourth quarter of 2025.The contract covers the delivery of LNG cargo handling and fuel gas supply systems, including system engineering and design, as well…

Stolt-Nielsen, through its subsidiary Stolt-Nielsen Gas, has confirmed it is in discussions with a strategic buyer, regarding the potential sale of up to 50% of its interest in Avenir LNG.Avenir LNG is an industry leader in small-scale LNG supply and is focused on supporting the marine energy transition through one of the largest fleets of small-scale LNG vessels. Avenir LNG owns and operates a fleet of five modern small-scale LNG bunkering vessels, with two newbuildings under construction.The potential sale agreement is subject to final documentation and customary approvals…

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly being powered by LNG due to its lower environmental footprint compared to conventional fuels and its full compliance with the most recent standards in terms of emissions.This agreement further expands Eni’s activities in the small-scale LNG bunkering market in the Mediterranean Sea…

Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two more units.The delivery of the first of these methanol-ready vessels will be in the first half of 2026.The newbuild vessels are designed to carry a range of cargoes, including fuel oil, biofuels, and methanol in their cargo tanks, enhancing their utility and market potential.The company's twin small-scale LNG bunker vessels, Alice Cosulich and Paolina Cosulich, are now fully operational, meeting the growing demand from LNG-fueled vessels. In addition, the company is diversifying our fleet because it believes in a multi-fuel future.

Shipping and energy logistics company Crowley said Tuesday it is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services.Crowley’s advanced energy group will operate the service to manage the ship-to-ship LNG transfer services. With a potential start date in 2024, Crowley is preparing to provide bunkering and related…

Fratelli Cosulich Bunkers (S) Pte Ltd. christened and launched its second Small Scale LNG carrier - the Paolina Cosulich - at the CIMC SOE shipyard in China.The event  was attended by Diana Mok - Managing Director at Fratelli Cosulich Bunkers (S) Pte Ltd, acting as the godmother of the vessel. Paolina Cosulich will sail under the Italian flag with Captain Vincenzo Scotto at the helm. The 5,300 DWT vessel can carry 8,200 m3 of LNG and 500 m3 of MGO and will be fitted with Wartsila's Dual Fuel technology.Boil off management techniques will be used by the LNG subcooling plant…

Titan, the independent supplier of low and zero-emission fuels, acquired two small scale LNG carriers – the Seapeak Unikum and Seapeak Vision – from Seapeak, the Canadian gas transportation company formerly known as Teekay LNG Partners. The vessels will be retrofitted to ensure suitable LNG bunkering capabilities, enabling them to both transport and bunker LNG, liquefied biomethane (LBM), and in the longer-term hydrogen derived e-methane (e-LNG).Both sister vessels have a cargo capacity of 12,000 ccbm and measure 152 x 19.8m. The vessels will join Titan’s fleet in March this year.

Avenir LNG Limited announced it has signed a Memorandum of Understanding (MOU) with Oxelösunds Hamn AB for the development and construction of an LNG/BioLNG Terminal in the Port of Oxelösund, Sweden.As part of the agreement, Avenir intends to acquire 100% of the shares in OXGAS AB, the dedicated project company for the terminal which is currently owned by Oxelösunds Hamn AB.OXGAS AB has secured all environmental and construction permits required to build the LNG/BioLNG Terminal in the Port…

liquefied natural gas (LNG) supplier Avenir LNG announced it has appointed Abigail Baltar as its new chief financial officer.Baltar first joined Avenir assuming the role of head of finance in 2020. She brings with her over 20 years of financial, investment and corporate finance experience, the last 11 of which have been within the shipping and oil and gas industry.Avenir LNG chief executive officer, Peter Mackey, said, "I am delighted to appoint Abigail as our CFO. She has built a strong track record since she joined Avenir and has been critical to our recent success and growth.

Avenir LNG announced its wholly owned subsidiary Avenir Marine has organized the first LNG and BioLNG delivery in the Port of Lübeck, Germany. On June 10, the chilled fuel was bunkered into TT-Line’s new RoPax ferry Nils Holgersson at the Scandinavian quay of the Baltic Sea port.To execute the operation Avenir teamed up with LIQUIND 24/7 GmbH, a leading German LNG infrastructure provider, and Landwärme GmbH, one of Europe’s leading biomethane traders. The fuel delivered to the…

Avenir LNG Limited has taken delivery of the Avenir Achievement, the second 20,000 cbm dual-purpose, liquefied natural gas supply and bunkering vessel (LBV) delivered from Nantong CIMC Sinopacific Offshore & Engineering Co. (“SOE”). The Avenir Achievement is the sixth vessel to be delivered into the Avenir fleet.The vessel will be equipped with BOG reliquefication and simultaneous operations (SIMOPs) capabilities, making her the world’s largest, most efficient and versatile LNG Bunker Supply Vessel.From delivery…

JAX LNG, a small-scale LNG facility located along the St. Johns River in Jacksonville, Fla., recently completed the first fueling of a marine vessel in the United States with a blend of liquefied natural gas (LNG) and renewable LNG (RLNG).JAX LNG loaded the RLNG/LNG blend into the Clean Jacksonville bunker barge to fuel the Isla Bella. The Isla Bella is the world’s first LNG-powered container ship and was put into service by TOTE Maritime Puerto Rico in 2015. Element Markets supplied the renewable natural gas (RNG) used to produce the RLNG via renewable thermal certificates (RTCs).

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal project will feature a leased Floating Storage and Regasification Unit (FSRU) that will be located at the First Gen Clean Energy Complex in Batangas City in the Philippines.BW Group in April secured a 5-year contract with FGEN LNG for the charter of BW Paris…

French energy group Total said Monday it had realized the first ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in France. The world’s largest LNG bunker vessel in operation, Total’s Gas Agility, completed on Friday evening, April 30th, at the Port of Dunkirk the refueling of the world’s largest containership powered by LNG, the CMA CGM Jacques Saade, with around 16,400m3 of LNG.This inaugural operation also marks Dunkerque LNG terminal’s first loading of…

Keppel Offshore & Marine has delivered its second newbuild LNG carrier, the Avenir Accolade, to Avenir LNG.The LNG carrier can also function as an LNG bunkering vessel (LBV), making it the third LBV that Keppel has delivered."The dual-fuel Avenir Accolade attests to Keppel’s growing track record in solutions for the gas value chain and reinforces Keppel’s Vision 2030 to seize opportunities in LNG solutions," said the company which in January announced it would exit the drilling rig building business.The 7…

Marine fuels solutions company Peninsula said its first ever liquefied natural gas (LNG) bunker supply was a record breaker.At the end of January, in partnership with PETRONAS Marine, Peninsula completed its first LNG bunker supply to H-Line Shipping in Malaysian waters, marking the first LNG bunker delivery to the world’s largest LNG-powered bulk carrier, the 180,000 dwt eco-friendly HL Green, on its inaugural voyage. At 2,760 cubic meters it ranks among the largest LNG bunker deliveries performed to date.“Delivery took place safely and was completed within 20 hours…

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm, a longtime supporter of the oil and gas industry, said many of its U.S.-flag vessel assets, engineering and logistics services could quickly and easily pivot to support the emerging energy sectors.“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations…

The European Commission will co-finance the construction of the first vessel to be fully dedicated to liquefied natural gas (LNG) bunkering at the Port of Algeciras, Spain.The grant agreement was signed with Enagás and the Port Authority of Algeciras Bay on Tuesday.Enagás said the project is "boosted" by the Enagás start-up that specializes in small-scale LNG supply infrastructure, Scale Gas, and the Port Authority of Algeciras Bay (APBA).The initiative, coordinated by Enagás…

Wilson Sons is the largest integrated port and maritime logistics operator in Brazil, operating more than 80 workboats. Marcio Castro, Executive Director Tugboat Division, discusses with Maritime Reporter the size, shape & technical direction of the fleet.Mr. Castro, to start, how did you come to a career in maritime?I graduated in System Engineering at Rio de Janeiro State University (UERJ), I also have an MBA in Business Administration (Coppead/UFRJ). I joined Wilson Sons in 2003…

Portugal’s Navalrocha Shipyard is reporting a flurry of activity in 2020 as it navigates the COVID-19 outbreak and prepares for a packed order book in the coming months.Navalrocha commercial director Sergio Rodrigues said the shipyard had recorded several landmarks during a highly memorable period in its history, completing its first multimillion Euro refit for a seismic survey vessel before managing its first ballast water treatment system (BWTS) installation.The projects were accompanied by a series of other deals involving bunker tankers…

Golar Power, which offers integrated liquefied natural gas (LNG) based downstream solutions, and Petrobras Distribuidora S.A. (BR Distribuidora) announce the formation of a Partnership for the development of an LNG distribution businesses in Brazil. According to a press release, the intention is to introduce LNG as an alternative to the fuels currently available to Brazil’s cargo and people transportation, industrial, thermoelectric generation, commercial and residential sectors.Both Golar Power and BR Distribuidora believe that LNG is an innovative and potentially disruptive solution for the transportation sector in Brazil that delivers environmental benefits as well as important economic gains for customers, society and for Brazil as a whole.