Page 12 - GLNG Week 02 2022

GLNG NEWS IN BRIEF GLNG

the 5,300-dwt-vessel is intended to serve
customers in the Mediterranean region.
Andrea Cosulich, president at Fratelli
Cosulich LNG: “Developing the LNG
infrastructure is a key area for us, and we are
very pleased that Schottel is supporting us
with the delivery of high efficiency propulsion
systems in this project. We are convinced
that their experience and competence will
adequate supply when demand is at its peak – customers the best value, and we are happy to enable secure, reliable and optimized vessel
which are normally the coldest days of winter get started on this important project.” operations.”
in Wisconsin.” “We congratulate the men and women The main propulsion of the LNG
Both facilities, slated for construction in of Bay Shipbuilding on the start of this bunkering vessel consists of two diesel-driven
Bluff Creek and Ixonia, Wisconsin, will each innovative, landmark vessel that will help Schottel EcoPellers type SRE 360, with a
have the capacity to store twelve million the maritime industry meet demand for propeller diameter of 2.3 metres. In addition,
gallons of liquefied natural gas and will be cleaner operations with reduced emissions,” two Schottel TransverseThrusters type STT
accompanied by an above-ground water said Tucker Gilliam, vice president, Crowley 1 CP will be installed in order to ensure
storage tank for fire protection. Shipping. “In partnership with Shell, this maximum manoeuvrability also in port
“CB&I built the first LNG peak shaving vessel will expand the availability of LNG to areas. With this thruster configuration, the
facility in North America which is still in vessels and help advance the transition to 113-metre long and 20-metre wide vessel will
operation today,” Canals said. “Its construction lower-emission fuels as the industry seeks to achieve a free sailing speed of 13 kn.
dates back to 1965 and is a testament to the reduce emissions.” SCHOTTEL, January 13, 2022
quality and longevity of performance that you Dean Sahr, Crowley’s manager of new
can expect from facilities designed and built construction and LNG engineering, pushed
by CB&I.” the button on the state-of-the-art metal cutter MIDDLE EAST
Mechanical completion is expected in the to cut the first piece of steel in Sturgeon Bay
fall of 2023 – in advance of the winter peak on Jan. 6. The vessel is designed by Crowley Egypt’s hydrocarbons trade
heating season. Engineering Services, the company’s naval
CB&I, January 11, 2022 architecture and marine engineering solutions surplus shoots up by 278%
group.
Fincantieri Bay Shipbuilding customers’ growing needs with the energy y/y to $564mn in October
“Shell is working hard to meet our
begins construction of solutions they are looking for,” said Tahir 2021
Faruqui, general manager, Global DLNG for
largest US-built LNG barge Shell. “As we continue to expand our LNG Egypt’s hydrocarbon trade surplus shot up
bunkering network, we are excited to see
to $564mn in October 2021 from $149mn
Fincantieri Bay Shipbuilding started work underway on this vessel, one which in October 2020 largely due to booming
construction on the largest LNG (liquefied will support the shipping sector’s continued LNG exports boosting exports of refined
natural gas) bunkering barge ever built in the progress toward decarbonisation.” hydrocarbon products, Amwal Al Ghad
United States. FINCANTIERI BAY SHIPBUILDING, January 10, newspaper reported citing CAPMAS.
Bay Shipbuilding is expected to complete 2022 Hydrocarbon imports jumped by 44% year
construction on the barge in late 2023 on year to $836mn on the back of an 85%
under contract with Crowley, the largest y/y spike in exports of refined hydrocarbon
independent operator of tank vessels in the EUROPE products to $570mn, while imports of crude
US. Crowley will operate the vessel under a oil remained flat at around $250mn in
long-term charter with Shell NA LNG. Schottel to supply October 2021 compared to the same month
The 416-foot vessel, which will have the the previous year.
capacity for 12,000 cubic metres (3.17mn propulsion systems for Meanwhile, hydrocarbon exports grew
gallons) of LNG, will be the largest Jones Act- by leaps and bounds, surging by 70% y/y to
compliant vessel of its kind, and the second new Italian LNG bunkering $1.4bn in October 2021, largely reflecting a
Jones Act-compliant bunker barge Shell has tripling of refined hydrocarbon exports to
under a time charter in the US. vessel $931mn propelled higher by skyrocketing
Serving the US East Coast, it will be used LNG exports supported by record LNG prices
to help expand current LNG network capacity The German propulsion expert Schottel on global markets. However, crude oil exports
and meet demands for cleaner energy sources has been selected to supply main and expanded by 325% y/y to $330mn in October
for ships. auxiliary propulsion systems for an 8,000 2021 as crude oil prices recovered from the
“We are excited to get this project started, cbm LNG bunkering vessel. Currently nadir they reached in the depth of coronavirus
and equally pleased that it builds on our under construction at Chinese Nantong (COVID-19) related lockdowns on mobility
relationship with Crowley and Shell,” said CIMC Sinopacific Offshore and Engineering in 2020.
Craig Perciavalle, Vice President & General shipyard, it is the first LNG bunkering vessel
Manager of Fincantieri Bay Shipbuilding. ordered by Italy-based shipping group Fratelli
“Our team is committed to giving our Cosulich. After its delivery in summer 2023,

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