News

Titan LNG is proud to announce that the FlexFueler001 has performed the first official bunkering on June the 14th. Our long-term customer Norlines received the LNG in the Port of Rotterdam. This makes Titan LNG the first accredited LNG bunker supplier able to deliver by inland water barge. The LNG bunker permit for Rotterdam and the overall LNG bunkering accreditation were granted last month by an experienced IAPH audit team.

The FlexFueler001 is part of a series of vessels. Titan LNG will deploy the FlexFueler002, currently under construction and ready by mid 2020, in the Port of Antwerp. The third barge will be announced in the coming months.

Samskip, operator of the LNG powered Norlines Vessels – the Kvitnos and the Kvitbjørn -, has a weekly service into Rotterdam and requires a high reliability of LNG supply. Paul Wielaars, Trade Manager West Coast Norway: “We focus on economical, efficient, reliable and environmentally friendly transport. That’s why we are happy with our partner Titan LNG. We’re excited to bunker LNG alongside the terminal. This saves us time as we are no longer dependent on truck to ship operations. Bunkering at the same time as cargo operations take place, can save us up till 8 hours”.

Ronald van Selm, Chief Operating Officer at Titan LNG commented: “We are proud the FlexFueler 001 is up and running after she successfully completed her trials. We can now offer safe, reliable and efficient bunkering that resembles conventional bunkering and are ready to serve more LNG powered vessels in the ports of Amsterdam, Rotterdam and Antwerp”.

The business case for LNG powered vessels remains very compelling. Hurdles are coming down for widespread adoption of this cleaner fuel. The economics have worked out well for early adopters of LNG as a marine fuel, burning an ECA and IMO 2020 compliant fuel at the price of heavy fuel oil currently.

About

Titan LNG is a leading full-service supplier of LNG to the marine and industrial markets in North West Europe. In the Marine market Titan specializes in providing shipping customers with bespoke, end-to-end LNG solutions, including project planning, supply and delivery, as well as risk management and hedging services to mitigate price fluctuations. Titan LNG has extensive track record on delivering LNG as a marine fuel to vessels and has 1 LNG bunker barge in operation and 1 on order Titan is working to provide our services globally on request of customers. With the building of an LNG services network we offer the maritime and industrial industry a reliable alternative to oil that is more sustainable and costs-effective. Titan LNG has a growth strategy in place for multiple ports in NW Europe and the Mediterranean.