Avenir LNG Ltd.

10/26/2021 | Press release | Distributed by Public on 10/26/2021 03:00

GEFO’s newbuild product tanker MT Tosca conducted its first LNG ship-to-ship bunkering operation in Malaysia

London/Hamburg, October 26th, 2021: Last Friday, "MT Tosca" conducted its first liquefied natural gas (LNG) ship-to-ship operation at the anchorage area of Pengerang in Malaysia. The 7,000 dwt product tanker is currently on its maiden voyage from Shanghai to Europe and the first vessel in the GEFO fleet that is equipped with a dual-fuel engine.

For the organization of the bunkering operation, GEFO engaged the small-scale LNG suppliers Avenir Supply & Trading and LIQUIND Marine. The companies joined forces and contracted the small-scale LNG bunker supply and delivery by utilising the "Avenir Advantage" 7,500cbm LNG Bunker Vessel, which is owned by Avenir and commercially operated by Petronas.

The operation was the first collaboration for the companies and demonstrates the ability to flexibly supply LNG as a marine fuel globally, utilising Avenir's LNG Bunker Vessels which are strategically located across key trade lanes. Following this successful collaboration, the companies will continue to jointly seek opportunities to enable the competitive and flexible supply of LNG to various customers in strategic locations, with a focus in Europe.

Christian Schneider, managing director of LIQUIND Marine, strongly believes in the advantages of partnerships to ensure the global supply of LNG to customer vessels: "With the successful execution of our first LNG bunkering outside of Europe, we have clearly shown our commitment to supporting our customers in their transformation towards using more sustainable fuels. Our commitment is not limited to areas where we have own infrastructure but includes partnerships and the use of third-party assets."

Peter Mackey, Chief Executive Officer of Avenir LNG commented "We are glad to have worked with our partners Liquind Marine and Petronas to enable the swift and effective supply of LNG for GEFO which further demonstrates Avenir's strategy for becoming a global supplier of small-scale LNG. We look forward to broadening our relationship with Liquind Marine and are hopeful to continue offering LNG bunkers to future clients via our fleet of 6 LNG Bunker Vessels."

Avenir Supply & Trading Limited is a wholly owned subsidiary of Avenir LNG Limited which supplies small-scale LNG to off-grid industry, power generation and marine transport. Avenir LNG has quickly become one of the leading providers of small-scale LNG solutions; working with local partners to unlock new markets for natural gas.

LIQUIND Marine GmbH is a subsidiary of the Berlin-based LNG infrastructure developer LIQUIND 24/7. With fifteen LNG truck fueling stations in operation and another twenty locations in development, the company is leading the German market for the supply of LNG to truck customers. Building up on the experience gained throughout the last years, the company is securing its market position and extending its operations into new segments, including the supply of LNG to marine and inland waterway customers.