Page 14 - GLNG Week 17 2021
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GLNG                                        NEWS IN BRIEF                                              GLNG








       ASIA                                transitioned from predominately oil   strides in executing our strategy for Avenir
                                           production and transportation assets, to   LNG. The Avenir team and the crews onboard
       SFL – Newbuild order for            mainly consisting of containerships and   our vessels deserve a huge amount of praise
                                                                                for all they have accomplished during these
                                           dry bulk vessels today. Including this new
       two LNG-fuelled car carriers        transaction, our fixed-rate charter backlog   enormously challenging times.”
                                           from shipping assets will be more than
                                                                                AVENIR LNG, April 26, 2021
       and long-time charters              $2.4bn.”
                                           SFL CORPORATION, April 28, 2021
       SFL Corporation announced today that it                                  Total starts solar energy
       has entered into an agreement with a major   Avenir LNG announces the  supply to the Singapore LNG
       European-based automobile manufacturer to
       charter two newbuild dual-fuel 7,000 CEU car   first bunkering of the Avenir  terminal
       carriers for a 10-year period from delivery in
       2023. The contract is on a time-charter basis,   Accolade by its sister ship   Total, through its wholly-owned affiliate
       and until the new vessels are delivered they                             Total Solar Distributed Generation (DG)
       will charter our two existing car carriers SFL   the Avenir Advantage    dedicated to distributed solar energy, has
       Composer and SFL Conductor. Concurrently,                                completed building, and is now operating the
       SFL has agreed to construct the two newbuild   Avenir LNG today announced that it has   solar power system to supply clean energy
       vessels at a leading shipyard in China, subject   successfully completed the bunkering of   to the Singapore LNG (Liquefied Natural
       to final documentation.             the Avenir Accolade by its sister ship the   Gas) Terminal, operated by Singapore LNG
         The transaction is estimated to add more   Avenir Accolade in Pasir Gudang, Pengerang,   Corporation (SLNG).
       than $200mn in fixed-rate charter backlog,   Malaysia on 26 April 2021. Both ships built by   The carbon reduction of the LNG
       and we are adding state-of-the-art vessels   Keppel Offshore & Marine’s Nantong Shipyard  supply chain is one of the challenges of this
       designed to use liquefied natural gas (LNG) to   are 7,500 cbm, dual purpose, LNG supply and   industry. As LNG terminals are complex
       our fleet. In addition, we intend to cooperate   bunkering vessels (LBV). The Avenir Accolade  infrastructures, SLNG chose Total to install its
       with our customer to use eco-friendly bio-fuel   undertook the operation whilst passing   solar power system for its wealth of expertise
       for the propulsion of the two existing vessels.  through Malaysia on its maiden voyage to   and experience, and strong track record with
         Ole B. Hjertaker, CEO of SFL      deliver the commissioning cargo to Avenir’s   commercial and industrial clients.
       Management, said in a comment: “We are   HIGAS LNG terminal in Sardinia.   The photovoltaic (PV) system is mounted
       extremely honoured to be selected by an   Peter Mackey, CEO Avenir LNG Limited,   onto the roofs of the terminal’s buildings and
       industry leading automobile manufacturer   commented: “We’re thrilled to see the Avenir   is expected to produce 800 megawatt hours
       with clear environmental ambitions. This   Advantage alongside the Avenir Accolade,   (MWh) of clean energy, which is equivalent
       transaction shows our commitment to invest   the first time they are back together since   to providing electricity to approximately 200
       in assets with lower carbon footprint and also   leaving the shipyard in Nantong. We look   average households in Singapore for an entire
       how we can improve performance of existing   forward to welcoming the Avenir Accolade   year. The system has the potential to avoid
       vessels through the use of alternative fuels, in   to our HIGAS terminal in Sardinia in a few   300 tons of CO2 emissions annually, which
       line with our ESG strategy.         weeks’ time with the commissioning cargo   translates to an estimated 4,900 trees planted.
         Over the last 10 years, SFL’s fleet has   onboard. We continue to make significant   Gavin Adda, CEO of Total Solar
                                                                                Distributed Generation Southeast Asia said:
                                                                                “With a strong, growing presence in Asia,
                                                                                and trusted by companies such as SLNG
                                                                                as the solar energy partner of choice, Total
                                                                                Solar DG provides a solution that fulfils both
                                                                                environmental sustainability and cost-saving
                                                                                goals. As a leading solar service provider for
                                                                                commercial and industrial businesses, we
                                                                                look forward to supporting LNG companies,
                                                                                such as SLNG, in driving down their carbon
                                                                                footprint, and use our global experts of tailor-
                                                                                made solar solutions for any business energy
                                                                                needs”.
                                                                                TOTAL, April 29, 2021


                                                                                EUROPE
                                                                                MET Croatia delivers first

                                                                                cargo to Krk LNG terminal

                                                                                Croatian gas supplier MET Croatia Energy
                                                                                Trade said on April 26 it has delivered its first



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