New Report Supports Houlder's Pursuits in Small-Scale LNG Sector, Says Company

by Ship & Bunker News Team
Wednesday November 1, 2017

Houlder Ltd. (Houlder) says a new report from PwC, "Small going big. Why small-scale LNG may be the next big wave," supports the company's position that small scale liquefied natural gas (ssLNG) - which includes LNG bunkering - is an already profitable, scalable niche industry with significant potential.

"Houlder thrives in new industries as demonstrated by our impact on North Sea oil and gas and, more recently, our innovations in offshore wind.  Our engineering and design teams love the challenge of designing new infrastructure," said Neil Ferguson, Houlder's LNG Storage and Distribution Director.

As Ship & Bunker reported in February, Houlder and KLAW LNG, through Signum Technology Limited (Signum), have signed a memorandum of understanding (MoU) for the development of new LNG bunker and transfer solutions.

"This new collaboration built on both companies experience to develop new bunker and transfer solutions in response to the increased potential reported by PwC," explained Houlder upon the report's release.

The joint Houlder - KLAW LNG team are currently working to develop KHobra systems to offer safe and efficient Ship-to-Ship and Shore-to-Ship LNG transfers.

"Alongside any new equipment, the collaboration offers clients a full set of services available world-wide including vessel installation and integration, site assistance and support," said the company.

Ship & Bunker News Team
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