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New switch to LNG ship could herald Bunker

  • Norwegian-based Skaugen Group (IMSK)has named the first ship in its new series of Multigas carriers, the Norgas Innovation, in a ceremony at the Skaugen JV Shenghui Gas & Chemical Systems’ facilities in Zhangjiagang, north of Shanghai, China. The company believes the ships,

    which can carry relatively small parcels of LNG to dispersed terminals
    could pave the way to LNG becoming a practical marine fuel. Skaugen CEO
    Morits Skaugen said: “This is an important day for everybody at the
    company and especially for those concerned in the development of these
    highly advanced gas carriers. We have been responsible for all elements
    in this project – from initial design right through to construction.
    The vessel is built at our joint venture facilities in China – and I am
    delighted that the first of these unique and highly specialized gas
    carriers will soon be demonstrating first-hand why we decided to
    construct such an innovative, industry-leading ship.” The 10,000 cu m
    Norgas Innovation will initially enter the fleet of Skaugen subsidiary
    Norgas Carriers and carry petrochemical gases and LPG. But, second half
    of 2010, she will be dedicated to Nordic LNG and its Mini LNG business
    in Scandinavia. Nordic LNG – a joint venture between Lyse and I.M.
    Skaugen – will supply natural gas to ’stranded’ customers who do not
    have access to pipeline networks. The Multigas vessel will be used to
    transport the LNG directly industrial to end-users as well as to Nordic
    LNG’s own hub terminals for onward distribution. Skaugen says: “End
    user markets include also the maritime fuel market, where LNG will
    replace bunker oils.” The company says: “Small-scale LNG will enable
    industrial users and power plants in these stranded markets to switch
    from oil based processes and power generation to more cost efficient
    gas and with a significant reduction of CO2 and other emissions. The
    environmental impact of switching to gas are indisputable; 25-30% less
    CO2 emission, 80% less NOx and 100% reduction of both SOx and
    particulate matters.”

    Source: Maritime Global Net

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