Titan LNG and Skangas Ink MoU for LNG Bunkering Availability and Optimisation

by Ship & Bunker News Team
Friday November 10, 2017

The Netherlands' Titan LNG today announced that it has signed a Memorandum of Understanding (MoU) with Norway's Skangas AS (Skangas) to cooperate on serving liquefied natural gas (LNG) customers within the marine industry.

The agreement is intended to contribute to the overall availability and optimisation of LNG deliveries within the wider region, and support the provision of a "one-stop-shop" for LNG bunkering customers.

"This is a step in the right directions for us," said Kimmo Rahkamo, CEO of Skangas.

"Having invested heavily in making LNG available for the market in the Nordics we can now gain from our experience and know- how in new geographical areas. This memorandum can lead to a win-win-situation for both our marine customers and our two companies."

Niels den Nijs, CEO of Titan LNG, commenting on the development, said: "vessels require flexibility in order to trade profitably and need to bunker in a variety of ports. Hence ship operators need flexible, reliable and rapid deliveries of LNG. By partnering with Skangas we will develop a broader delivery scope for the operators of LNG powered vessels.

"For ship owners considering if they should go for LNG as their new fuel there is now even less to worry about as we can assist them with both design and increased LNG availability."

Earlier this month, Ship & Bunker reported that Titan LNG bunkered the Wes Amelie at Rotterdam using a "fast bunkering" procedure.