Page 14 - GLNG Week 01 2021
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GLNG                                         NEWS IN BRIEF                                             GLNG








       EUROPE                                 Håkan Agnevall, President and CEO,   after the recent approval by the European
                                           Wärtsilä Corporation, commented: “This   Commission - based on the EU Merger
       Wärtsilä technologies for           large repeat order for a broad scope of   Regulation – for the acquisition of joint
                                                                                control of Gastrade by DESFA, Ms. Elmina
                                           Wärtsilä solutions from a valued customer
       12 LNG-fuelled container            marks the value of quality, reliability and   Kopelouzou, DEPA Commerce, GasLog
                                                                                Cyprus Investments and the Bulgarian
                                           sharp customer focus. It also highlights our
       ships support CMA CGM               wide range of competences across marine   Bulgartransgaz (BTG).
                                           technologies. Both CMA CGM and Wärtsilä
                                                                                DESFA, December 30, 2021
       in decarbonising their              have a common strategy in applying LNG   Fears Europe could run
                                           solutions to prepare the way towards carbon
       maritime operations                 free shipping.”
                                           WÄRTSILÄ, January 04, 2022
       The technology group Wärtsilä has again                                  out of gas this year fall on
       been selected to supply a broad scope of   GTT obtains tank design       warmer weather, rising LNG
       solutions for new LNG-fuelled container ships
       ordered by CMA CGM, a global leader of   order for a new LNG carrier  deliveries, but gas supplies
       shipping and logistics based in France. This
       latest series comprises 12 container vessels to   from Samsung Heavy     remain tight
       be built in China. Six 13,000 TEU container
       vessels are being built at the Hudong-  Industries                       The draw down from Europe’s gas storage
       Zhonghua Shipbuilding (Group), with the                                  facilities has flattened out thanks to the arrival
       other six 15,000 TEU container vessels   GTT announces that it has received, at the   of warmer weather and a “flotilla” of US LNG
       under construction at the Jiangnan Shipyard   end of December 2021, an order from its   deliveries as of January 3, according to AGSI+
       (Group). The valuable orders were placed in   partner the Korean shipyard Samsung Heavy   data.
       Q3 and Q4 2021.                     Industries for the tank design of a new   The slowdown in the draw-down from gas
         The Wärtsilä equipment is scheduled for   LNGC[1].                     storage tanks suggests that Europe will have
       delivery to the yards commencing in 2022,   As part of this order, GTT will design the   enough gas to get through this year’s heating
       and the first of the 12 vessels is expected to   tanks of the vessel which will offer a capacity   season but it is going to be a close run thing
       be launched in Q3 2023. Wärtsilä was earlier   of 174,000 m3. The LNGC tanks will be   and gas in storage’s ability to meet demand
       contracted to supply a similar scope for nine   fitted with the GTT Mark III Flex membrane   remains vulnerable to sudden changes in the
       23K TEU CMA CGM vessels which have   containment system.                 weather in the next three months.
       been delivered and five 15K TEU whereof 2   Delivery of the vessel is scheduled for the   As the chart shows, the draw-down of gas
       vessels are delivered, and 3 vessels are under   last quarter of 2024.   from Europe’s storage facilities slowed and
       construction now.                   GTT, January 04, 2022                even increased a little over the Christmas
         By contracting these ships to operate with                             holidays. As of January 3 the tanks were
       LNG fuel rather than conventional marine   DESFA participation in the    56.24% full.
       diesel fuels, CMA CGM is emphasising its                                   That is still far less than the same day in
       support for efforts to decarbonise maritime   Gastrade shareholding      2021, when tanks were 72.81% full, 87.15% on
       operations. LNG eliminates almost all air                                January 3, 2020, and 68.84% on the same day
       pollutants such as sulphur oxides (Sox:   scheme ratified                in 2019. The winter in 2019 was particularly
       -99%) and nitrogen oxide (NOx: -92%) and                                 cold, whereas the winter in 2020 was notably
       particulates (PM10: -91%) and achieves a first   The participation of the National Natural   warm.
       step toward decarbonisation. The dual-fuel gas  Gas System Operator (DESFA) in the   The differences between the temperatures
       engines on the vessels are already compatible   shareholding structure of Gastrade –  the   of those winters in 2019 and 2020 contributed
       with renewable energies such as biomethane,   company that develops the floating storage   to creating a V-shaped market that is the
       synthetic methane and e-methane.    and regasification unit (FSRU) of liquefied   root cause of the current gas crisis, as bne
         “At CMA CGM we are committed to   natural gas (LNG) in Alexandroupolis – with   IntelliNews has reported.
       promoting sustainability in all our operations.   the acquisition of 20% of its share capital   While Europe went into the current
       We are happy to work with Wärtsilä as they   by the Operator, was officially ratified. The   heating season with the lowest levels of
       have a similar decarbonisation target and   shares’ transfer agreement was signed by the   gas in storage for years, the warming
       a very broad scope of solutions to offer.   CEO of DESFA, Ms. Maria Rita Galli and the   temperatures have reduced demand, allowing
       The choice of dual fuel gas vessels powered   Founding Shareholder and Chairman of the   a combination of suppliers to keep the amount
       by LNG for our new ships is part of our   Board of Gastrade, Ms. Elmina Copelouzou,   of gas in storage flat in recent weeks.
       commitment to build a zero-carbon future,”   earlier today, at the Gastrade premises in
       said Xavier Leclercq, vice president of CMA   Athens.
       SHIPS.                                 The signing of the agreement came











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