Page 11 - GLNG Week 24 2021
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GLNG                                        NEWS IN BRIEF                                             GLNG








                                                                                will actively promote replacement of its PCTC
                                                                                fleet to next-generation eco-friendly ships and
                                                                                encourage new value creation as a sustainable
                                                                                solution provider.
                                                                                NYK LINE, June 15, 2021


                                                                                AUSTRAL ASIA
                                                                                Oceania Marine Energy

                                                                                and Kanfer Shipping sign

                                                                                Letter of Intent for world’s

                                                                                first ammonia-ready
       Understanding (MoU) with Petrobangla on   building of LNG-fuelled PCTCs at Shin
       16th June 2021. The companies will soon   Kurushima Dockyard and Nihon Shipyard.   LNG bunkering vessel in
       finalise a long term supply agreement to   Twelve new ships are planned to be built, six
       commence the supply of re-gasified LNG to   ships each at the two shipyards. The newly   Australia
       Bangladesh through a cross border natural gas   built ships will be delivered successively from
       pipeline.                           fiscal 2025 to fiscal 2028.          Oceania Marine Energy, an Australian
         H-Energy was authorised by Petroleum   This consecutive building of LNG-fuelled   company focused on connecting natural
       and Natural gas Regulatory Board (PNGRB),   PCTCs is in accordance with the PCTC   resources and energy production to shipping
       the regulatory body in India, to build own and   fleet replacement plan to achieve NYK’s   industry, and Kanfer Shipping, the Norway-
       operate Kanai Chhata-Shrirampur natural gas   environment management target, which is   based shipping company focusing on
       pipeline connecting H-Energy’s LNG terminal   to reduce CO2 emissions per ton-kilometre   small-scale LNG sea transportation and LNG
       in West Bengal passing through various   of transport by 50% by 2050. The use of   bunkering have signed a Letter of Intent (LoI)
       regions of the state and further connecting to   LNG fuel, in addition to hull modification to   to bring the world’s first ammonia-ready LNG
       the Bangladesh border, to enable cross border   improve fuel economy, will contribute to a   bunkering vessel to Australia.
       supply of regasified LNG into Bangladesh.   reduction of CO2 emissions by approximately   Oceania and Kanfer aim to build a long-
       H-Energy is the only company to have   40% compared to ships using conventional   term zero emission sustainable shipping
       received the authorization from PNGRB   heavy fuel oil.                  industry in Australia using LNG as the
       to lay a pipeline till Bangladesh border. Mr.   Through its “Sail GREEN” project, NYK’s   transition fuel and move towards green
       Darshan Hiranandani, CEO of H-Energy said   Automotive Transportation Headquarters has   ammonia and methanol as the targeted
       “this is a key milestone in the future of Indo   been promoting the transition of upcoming   fuel for bunkering vessels operating in the
       Bangladesh energy cooperation. I am grateful   newly built PCTCs to vessels that are LNG-  Northwest and Eastern ports of Australia.
       to the Government of Bangladesh, the team   fuelled, and this began with Sakura Leader,   Oceania is progressing its LNG bunker
       at Petrobangla and the various governmental   which was delivered in October 2020 and   license applications with key port authorities
       agencies of India whose unstinted support   was the first LNG-fuelled PCTC to be built in   and is engaging in preliminary talks with
       has made this happen. Our objective is to   Japan. In fact, the company already has firm   Australian natural gas and green ammonia.
       deliver environmentally friendly, safe, and   plans to launch eight LNG-fuelled PCTCs   Oceania is collaborating with energy,
       economical energy to the state of West Bengal   by 2024. Including these additional 12 new   shipping and industry partners to realise this
       and to Western Bangladesh. Thanks to the   vessels, NYK’s total number of LNG-fuelled   opportunity.
       efforts of all stakeholders, most permissions   PCTCs will increase to 20 by fiscal 2028   “Australia is uniquely positioned to be the
       are in place and we shall see important   through a total investment of about 200   world leader in providing zero-carbon fuels
       milestone after milestone in this project   billion yen.                 to the shipping industry. At Oceania, we are
       happen at a rapid pace.” H-Energy’s wholly   NYK aims to further advance to zero-  thrilled to be working with Kanfer Shipping
       owned subsidiary HE Marketing private will   emission vessels utilising marine fuels that   to activate Australia’s competitive advantage,
       be responsible for sourcing LNG and for   have a lower environmental impact, such as   connecting its production of sustainable
       supplying R-LNG to Petrobangla. Within   hydrogen and ammonia, from around 2030.   energy with its position at the apex of the
       Bangladesh Petrobangla will supply this   For the moment, NYK is positioning LNG   Asia-Pacific commodity trade route. The
       regasified LNG to gas based power producers   fuel as a bridge solution until future zero   opportunity will drive new avenues of high-
       and other gas consumers.            emission ships can be realized.      grade technical employment, while preserving
       H-ENERGY, June 16, 2021                On February 3, NYK released the   our environment and ensuring future energy
                                           NYK Group ESG Story, which aims to   security,” said Nick Bentley, Director of
       NYK to build 12 LNG-fuelled         further integrate ESG into the company’s   Oceania Marine Energy.
                                                                                  Kanfer has an exclusive design license
                                           management strategy and promotes activities
       PCTCs                               that contribute to the achievement of the   with CGR Arctic Marine AS, focused on
                                                                                enabling liquid gas transportation with the
                                           SDGs (Sustainable Development Goals)
       NYK has agreed to a memorandum of   through business activities. To strongly   lowest possible environmental footprint
       understanding (MoU) for the consecutive   promote ESG management, the NYK Group   and achieving zero emission marine


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