Titan LNG signs bunkering contract with AMS

This agreement comprises the first bunkering supply contract for Titan LNG’s LNG bunkering pontoon, FlexFueler, which is due to be operational in mid-2018.

The pontoon will serve as an ordinary floating bunkering station for inland waterway vessels. For larger seagoing vessels, it will be pushed to receiving vessels to bunker them while continuing their cargo loading or unloading operations.

Igor Jansen, Director at AMS, Zwijndrecht, said: “We are very pleased with the FlexFueler project and think it is the best way to kick start the LNG bunkering market. By running on LNG, we are not only operating economic and future proof vessels, but we are also ensuring that we play our part in reducing greenhouse gas emissions and more importantly reducing local emissions.”

Niels den Nijs, Commercial Director at Titan LNG, added: “Although the LNG bunkering market is already maturing and is moving towards a spot market, some vessel operators choose to contract their supply with experienced parties such as Titan LNG. Due to our indexed pricing structure, customers have a guaranteed, competitive cost base.”

Ton van der Molen, Director at AMS, said: “We have worked with Titan now for over a year and have selected them as long-term supplier based on their strong track record in safety and solid delivery operations.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24042017/titan-lng-signs-bunkering-contract-with-ams/