Wed 22 Oct 2014, 14:37 GMT

Agreement to develop US Gulf LNG bunker network


LNG America and Buffalo Marine sign cooperation agreement.



LNG America has announced an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of a liquefied natural gas (LNG) bunker fuel network for the U.S. Gulf Coast region.

LNG America is developing a hub-and-spoke delivery system for LNG as fuel for the marine market and other high horsepower applications. Ultimately, LNG America says it plans to establish a "robust delivery infrastructure to ensure the secure and safe delivery of LNG as fuel in major US ports".

Buffalo Marine is a leading bunkering company in the Gulf of Mexico with over 50 vessels dedicated to bunkering in the region.

"The agreement will incorporate Buffalo Marine’s logistical, commercial, and administrative expertise regarding bunkering operations with LNG America’s experience with LNG as fuel for high horsepower applications; understanding of the emerging demand for LNG as a bunker fuel; and overall business-development efforts related to LNG bunkering," LNG America said in a statement.

Keith Meyer, President and CEO of LNG America, said: "Combining the bunkering experience of Buffalo Marine with our LNG experience and our progress towards building the infrastructure necessary to support LNG bunkering will help us to provide the best possible service to the emerging LNG fueled marine customers while using the best safety practices available from both industries."

"Bunkering LNG in North America presents a unique opportunity for shippers—a cost effective, readily available, and extraordinarily clean fuel," stated Patrick Studdert, President of Buffalo Marine Service. "Our decades of bunkering experience in the region will mix well with LNG America’s LNG expertise in order to insure safe adoption and use of LNG as a marine fuel."

Image: LNG America barge.


Illustration of balance scale with cargo ship and penalty block. FuelEU penalties spark contract disputes as first-year compliance costs emerge  

Shipowners and charterers negotiate biofuel handling, payment timing, and multiplier penalties under new regulations.

Marina Bay Sands, Singapore. Singapore tops first global container port ranking by DNV and Menon Economics  

The port leads across all five assessment pillars in inaugural industry report.

Jack Spyros Pringle, Lloyd’s Register. Marine fuel procurement becomes strategic imperative as regulatory pressures mount: LR  

Operators must adopt comprehensive fuel strategies amid supply constraints and compliance costs, says Lloyd's Register.

Xinfu124 ultra-large LNG carrier. Private Chinese shipbuilder plans to deliver eight dual-fuel boxships  

Yangzi Xinfu is fully booked until May 2029 and expected to post annual sales revenue exceeding $1.4 billion.

Østensjø Rederi newbuild tug render. Østensjø Rederi orders methanol-ready tug from Spanish shipyard  

Norwegian operator contracts Astilleros Gondán for vessel with diesel-electric hybrid propulsion system.

Bound4blue worker in safety gear. Bound4blue establishes China production base for wind propulsion systems  

Spanish wind propulsion firm targets Asian shipbuilding market with outsourced manufacturing network.

Alfa Laval and Hanwha Ocean Ecotech sign MoU. Alfa Laval and Hanwha Ocean Ecotech partner on ammonia fuel systems  

Collaboration aims to develop ammonia fuel technology for dual-fuel vessels in the Asian market.

Meg Dowling, Lloyd's Register. Nuclear-powered boxships could deliver $68m annual savings: Lloyd's Register  

Small modular reactors could eliminate fuel costs and carbon penalties while boosting cargo capacity, says report.

Minerva Bunkering and Autoridad Portuaria de Las Palmas (APLP) signing ceremony. Minerva Bunkering extends Las Palmas terminal concession by 15 years  

Bunker supplier adds barge capacity and explores new terminal for energy transition fuels.

Liam Blackmore, Lloyd's Register. Ammonia Energy Association releases gas detection whitepaper with Lloyd's Register input  

Lloyd's Register contributed expertise to new guidance on ammonia detection systems for the maritime sector.