Page 11 - GLNG Week 04 2022

GLNG NEWS IN BRIEF GLNG

approximately 6.75 mtpa that would utilise hub to its existing bunkering network in hands to make a positive contribution to the
electric compression, equivalent to adding the Mediterranean, North-west Europe and energy transition and carbon reduction of the
approximately 300 megawatts (MW) of Malaysia. shipping and logistics supply chain.”
demand to the Entergy Louisiana system. In support of establishing Shanghai as a AVENIR LNG, January 24, 2022
SEMPRA INFRASTRUCTURE, January 27, 2022 leading LNG bunkering hub, Avenir sold its
first newbuild 20,000 cbm Avenir Allegiance MOL and Mitsui sign time
to SSES. The Avenir Allegiance is the world’s
ASIA largest LNG bunker vessel and it will provide charter contract for LNG
LNG to the biggest LNG bunker customer at
Press Release announcing the largest container port in the world. The carrier
vessel sale released significant cash back to
the sale of the Avenir Avenir. The proceeds will be used to enhance Mitsui OSK Lines (MOL; president & CEO:
Avenir’s working capital position and fund
Takeshi Hashimoto) today announced that
Allegiance and the JCA with future growth opportunities. on January 28, 2022, it concluded a time
Commenting on the announcement,
charter contract for a newbuilding 174,000
SSES Peter Mackey, CEO of Avenir LNG, said: cubic metre-type LNG carrier with Mitsui
& Co., (president and CEO: Kenichi Hori;
“We are thrilled to play an important role
Avenir LNG today announced it has entered in establishing and promoting China’s first Headquarters: Chiyoda-ku, Tokyo).
into a long-term joint co-operation agreement LNG bunkering hub in Shanghai. This deal This is the fourth contract, following deals
(JCA) with Shanghai SIPG Energy Service marks another major achievement in Avenir’s for three newbuilding LNG carriers signed
(SSES) a Chinese joint venture between development as we continue to expand between September 2014 and January 2015
Shanghai International Port Group (SIPG) our LNG bunkering network globally. We (Note 1). MOL will provide ship management
and Shenergy Group, which is responsible look forward to expanding our long-term services for the vessel, which will be engaged
in delivering LNG bunker to CMA CGM’s relationship with SIPG, Shenergy and CMA to transport LNG mainly for Mitsui & Co.
container ships on behalf of SIPG. Under CGM.” projects around the world.
the JCA, Avenir will be responsible for the Commenting on the announcement, The vessel is equipped with the cutting-
global marketing of LNG bunkering services Dr. LUO Wenbin, GM of Engineering and edge MAN Energy Solutions engine, which
in Shanghai Port as well as support SSES Equipment Department of SIPG, said: “SIPG improved fuel efficiency. It also adopts more
with operational and technical services to is making efforts to build the LNG bunkering environment-friendly specifications than
ensure seamless LNG bunkering operations hub for international vessels in Shanghai Port. current LNG carriers.
for the CMA CGM containerships and future SIPG’s subsidiary SSES establish long-term MOL is prepared to address critical
customers. co-operative relationship with Avenir, which environmental issues in line with “MOL
This important milestone expands will promote the LNG bunkering services Group Environmental Vision 2.1” (Note
Avenir’s bunkering network into the rapidly for CMA CGM and other international 2), with the aim of achieving GHG net zero
growing Chinese market adding another liner customers in Shanghai port and join emissions by 2050 through concerted group-

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