Page 10 - GLNG Week 36 2021

GLNG NEWS IN BRIEF GLNG

ASIA The two vessels are Japan’s first LNG- For several years, GTT Group has been
fuelled ferries, which will be operated on extending its range of services to support the
MOL concludes ‘transition the Osaka-Beppu route by MOL Group maritime industry in its digital and energy
transformation, with the launch of Smart
company Ferry Sunflower Limited (President:
loan’ contract for two LNG- Mitsujiro Akasaka: Head Office: Oita-shi, Shipping solutions to optimize the energy
performance of ships.
Oita Prefecture), and slated for launching in
fuelled ferries – first use succession from the end of 2022 to early 2023. unique expertise in studying boil-off gas
The LNG Optim solution, based on GTT’s
LNG, which will be used as fuel on the
of transition loan in Japan, ferries, is expected to reduce the vessels’ management and developed in collaboration
with the Group’s subsidiaries, Ascenz,
emissions of carbon dioxide (CO2) by more
selected as model for METI than 20%, sulphur oxides (SOx) by 100%, Marorka and OSE Engineering, has already
been adopted by major players in LNG
and nitrogen oxides (NOx) by about 85%
climate transition finance compared to conventional fuel oil vessels. shipping.
The studies performed by GTT to design
The ferries have also earned the top rating
Mitsui OSK Lines (MOL; President & CEO: of five stars from the Japanese Ministry of this solution took into account the modelling
Takeshi Hashimoto; Headquarters: Minato- Land, Infrastructure, Transport and Tourism of complex phenomena such as LNG ageing,
ku, Tokyo) today announced the conclusion of (MLIT)’s energy conservation rating system the influence of sea states on boil-off gas
a syndicated “Transition Loan” for two LNG- for coastal ships. These vessels are also generation, as well as the impact of active
fuelled ferries: the Sunflower Kurenai and the expected to contribute to a modal shift in systems like re-liquefaction plants and sub-
Sunflower Murasaki. Japan in addition to playing a key role in a coolers.
The Development Bank of Japan (DBJ; critical maritime infrastructure that supports GTT, September 09, 2021
President & CEO: Hajime Watanabe; Head the movement of people and commodities in
Office: Chiyoda-ku, Tokyo) and Sumitomo Western Japan. 100th ship reloading
Mitsui Trust Bank, Limited (SMTB; President: MITSUI OSK LINES, September 09, ‡
Kazuya Oyama; Head Office: Chiyoda-ku, performed by Elengy
Tokyo) served as the arrangers and Sumitomo
Mitsui Banking Corporation (SMBC) as the EUROPE On August 30, 2021, Elengy’s Fos Cavaou
co-arranger. Ontop of the three banks, this terminal (Marseille) welcomed the LNG
Transition Loan was jointly provided by 10 GTT launches a new smart carrier Gaslog Savannah for the 100th
local financial institutions located mainly ship reloading operation performed at its
in Western Japan, near the routes on which shipping solution to terminals.
the two ferries will be launched, and close to These 100 cargoes, representing around
the shipyards where they will be built. It was optimise vessel operational 6mn tonnes of LNG, were loaded on 58
selected as the first transition loan in Japan for different LNG carriers and transported by our
the Ministry of Economy, Trade and Industry and environmental clients from Elengy’s terminals to 25 countries
(METI)’s climate transition model projects. around the world.
Eligibility for the loan received third- performance Launched in 2012 to meet our clients’ need
party evaluation by the Japan Credit Rating for flexibility, this solution is one of the first
Agency, as the loan conforms to the Climate GTT launches LNG Optim, a new digital service diversifications offered by Elengy, and
Transition Finance handbook published by “Smart Shipping” solution. This tool helps demonstrates the high level of adaptability and
the International Capital market Association LNG operators, and LNGC or LNG-fuelled operational reliability of its LNG terminals,
(ICMA) and the Green Loan Principles (GLP) vessel ship-owners, to prepare the voyages of which are ideally located on two maritime
developed by experienced working groups their vessels in order to reduce the overall fuel coasts (Mediterranean and Atlantic).
such as the Green Bond Principles (GBP) of consumption and to manage Boil-off gas in These 100 reloads add to 73 ship-to-ship
the International Capital Market Association. the tanks. transhipments (from berth to berth, without
using terminal’s tanks) carried out at the
Montoir-de-Bretagne LNG terminal since
2013, 69 since 2018.
With LNG, Elengy is contributing to the
energy transition of all energy players who are
committed to reducing their environmental
footprint. Elengy is also developing its services
to increase the use of LNG and offer a carbon-
neutral service by 2050.
ELENGY, September 06, 2021
Quick release mooring hook

project for FSRU Toscana

For safe side by side mooring a complete
mooring system will be added on the FSRU

P10 www. NEWSBASE .com Week 36 10•September•2021