Engie, Mitsubishi, NYK Line launch joint LNG bunkering company

Engie, Mitsubishi, NYK Line launch joint LNG bunkering company

France’s Engie and its Japanese partners Mitsubishi Corporation and NYK Line have launched Gas4Sea, a new brand for joint marketing of LNG as a marine fuel. 

The companies have already signed framework agreement in 2014 for a partnership in the development of LNG bunkering services.

According to the joint statement issued on Tuesday, the partners will begin operations in the fourth quarter of 2016, using a 5000-cbm LNG bunkering vessel being built at the South Korean shipyard Hanjin Heavy Industries & Construction that will operate at the Belgian port of Zeebrugge, as well as other nearby ports.

The three companies intend to expand the bunkering services to other regions as they seek to cooperate further with stakeholders including shipping companies, port authorities, terminal operators, regional suppliers, and local governments and regulators.

Philip Olivier, CEO of Engie Global LNG said that partners “believe LNG has a key role to play in developing a more sustainable shipping activity.”

He said that in the coming months, the partnership will begin supplying United European Car Carriers’ new dual fuel car carriers operating in the North Sea and Baltic Sea.

Jun Nishizava, SVP and deputy COO of Mitsubishi Corporation’s natural gas business division, added that the partnership also hopes to expedite the transition of shipping companies to using liquefied natural gas as fuel.

Senior managing corporate officer at NYK Line, Hitoshi Nagasawa stressed that the use of LNG as marine fuel enables shipping companies to reduce their environmental footprint as it reduces emissions from engine exhaust enabling compliance with increasingly stringent maritime emissions regulations.

Share this article

Follow LNG World News


<< Aug 2019 >>
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >