World's first LNG refueling ship ordered

UPI

Japan's NYK says the ship is designed with EU climate  regulations in mind.
        By Daniel  J. Graeber   |          
July 2, 2014 at 8:52 AM  
 
 
 
 
Breakthrough deal signed for refueling ships powered by liquefied natural gas.     UPI/Stephen Shaver
| License Photo
 
 
 
 
TOKYO, July 2 (UPI) --Japanese shipping company NYK  announced Wednesday it signed contracts to build the first ever vessel used to  fuel ships powered by liquefied natural gas.

NYK signed contracts with Hanjin Heavy Industries &  Construction Co. Ltd. in South Korea to build the world's first so-called  bunkering vessel that will be designed to provide LNGto ships fueled by the super-cooled gas.

Bunkering is the ship-to-ship transfer of fuel.

NYK said the LNG fueling vessel will be delivered from its South Korean  shipyard to a port in Belgium by 2015. It will be designed specifically to  service vessels operating in the North and Baltic Seas.

NYK said the fueling vessel is fit for purpose in a European community  working to curb greenhouse gas emissions.

The measure is part of a joint initiative between NYK, Mitsubishi Corp. and  French energy company GDF  Suez.

"GDF Suez regards LNG as the future of bunkering," said Jean-Marie Dauger,  the company's vice president in charge of LNG business, said in a statement.

The LNG used for the bunkering vessel will be sourced from the French  company's portfolio. GDF Suez is the third-largest LNG supplier in the  world.

Read more:  http://www.upi.com/Business_News/Energy-Resources/2014/07/02/Worlds-first-LNG-refueling-ship-ordered/1111404304652/#ixzz36NUAcuBm