PETRONAS Marine and Titan LNG partner again for another successful STS

Apr 14 2022


World-leading independent alternative fuels supplier, Titan LNG has partnered with PETRONAS Marine – the marine solutions arm of energy multinational, PETRONAS, to deliver LNG under a Term Supply Agreement to VLCC Yuan Rui Yang, chartered by Koch Industries and owned by Cosco.

The ship-to-ship transfer (STS) bunkering of the world’s first LNG-fuelled VLCC took place in the port of Pasir Gudang, Malaysia using the Avenir Advantage – PETRONAS’ long term-chartered barge.

Delivered in February this year, the Yuan Rui Yang is the world’s first LNG-fuelled VLCC. The vessel is 333 metres long, 60 metres wide and 30.5 metres deep. It has a WinGD low-pressure dual-fuel main engine and two 3,500 cubic metre LNG storage tanks.

This is the first delivery under contract agreement between Titan LNG and Koch Industries and marks another milestone for the PETRONAS-Titan collaboration, which has previously supplied LNG across Asia to vessels including the Siem Aristotle and several other smaller vessels that were en route from Asia to Europe. This demonstrates Titan LNG and PETRONAS’ shared purpose to create a cleaner future.

Global access is now a reality as the LNG bunkering pioneers collaborate to deploy expertise worldwide. As the expansion of LNG infrastructure continues to build momentum in meeting cleaner energy demand, multiple players are coming together to ensure availability and supply, as well as technical assistance and compatibility. As an independent supplier, Titan LNG assists customers and partner suppliers in realising the common goal of making LNG the preferred fuel for a sustainable future, helping both sides to optimise the LNG supply process and providing technical knowledge for efficient compatibility checks.

Michael Schaap, Titan LNG’s Commercial Director Marine commented: “We are proud of the strong and ongoing relationship with our supply partner, PETRONAS Marine, and the faith shown by our long-term customer, Koch Industries. As the LNG pathway gains recognition and momentum, taking a collaborative approach enables us to continue to deliver LNG safely across Europe, Asia and around the world.

“Shipping companies such as Cosco and Koch are becoming much more aware of how to meet the 2030 and 2050 decarbonisation targets and recognise that the use of LNG as a marine fuel has a multitude of benefits. Not only its negligible local emissions profile but its clear global emissions reduction pathway through the introduction of bioLNG and hydrogen-derived LNG. This is why Titan is committed to providing access to LNG, and all commercially viable alternative fuels, enabling more shipping companies to start the journey towards a zero-carbon future today.”

Titan LNG’s collaboration with PETRONAS Marine has reached yet another milestone with the safe and smooth LNG bunkering supply to Koch Industries. The collaborators believe that LNG, as the cleanest burning fossil fuel, is currently the best option for the energy transition. PETRONAS Marine as a one-stop marine solutions partner in the region, will continue to ensure reliable and competitive LNG supply for the Asia-Pacific and Europe Trading route.

Global demand for LNG as a marine fuel continues to expand as the LNG pathway through bioLNG and eventually hydrogen-derived LNG becomes increasingly clear. Titan LNG expects to have the largest network of LNG bunkering vessels in Europe by 2025 and will continue to form strategic partnerships with organisations to ensure global accessibility for its customers.
 



Related News

UN says agreement in principle on Yemen tanker oil transfer

(Feb 17 2022)

An agreement has been reached in principle on a U.N.-coordinated proposal that would transfer more than 1 million barrels of crude oil from a tanker that has been moored off the coast of war-torn Yemen since the 1980s to another ship.



SafeSTS & Gall Thomson launch active emergency release system for ‘Vision Zero’

(Sep 16 2021)

Unexpected mooring breakouts have always been recognized as the biggest risk during offshore STS operations. From developing new ways to mitigate the risks to crew at the mooring stations and the hose manifolds, as well as to the environment, from un...



SafeSTS pioneers step-change in ‘green’ technology for ship-to-ship transfers

(Aug 12 2021)

A revolutionary new ship-to-ship cargo transfer system has been developed and patented by SafeSTS for the Dynamic Positioning (DP) shuttle tankers sector.



Tanker stopped for attempting illegal ship-to-ship fuel transfer in Eastern Johor

(Aug 02 2021)

The Malaysian Maritime Enforcement Agency (MMEA) stopped a tanker for attempting an illegal ship-to-ship fuel transfer in the eastern Johor waters.



SafeSTS establishes new bases to meet growing international demand

(Jul 09 2021)

In the last two months, international ship-to-ship transfer company SafeSTS has established new operational bases in Scapa Flow and in Panama to meet the growing international demand for its services.



June July 2022

SIRE 2.0 - OCIMF and Columbia Ship Management perspective; seafarer mental health; EU ETS costs; 33 years after Exxon Valdez; resolving BWTS problems