Sign up
Log in Sign up
Tue 30 Aug 2016, 08:41 GMT

Gasum and Wartsila in LNG collaboration


Key project areas include gas as a marine fuel, LNG and liquefied biogas (LBG).

Finnish firms Wartsila and Gasum have signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications. The agreement was signed in Helsinki on 29th August.

During the collaboration, Wartsila is to provide the gas value chain technology know-how, and Gasum its expertise in distributing and selling natural gas and biogas. The development work regarding liquefied natural gas (LNG) for marine applications will also utilize the expertise of Gasum's subsidiary Skangas, a leading LNG player in the Nordic market.

Natural gas fuel is increasingly being used for marine engines and in power plant generators, primarily for reasons of environmental compliance. Exhaust emissions from gas-fuelled engines are notably lower than from diesel and coal-fired prime movers.

The project will be divided into work streams, covering areas such as smart power generation, LNG and liquefied biogas (LBG), gas as a marine fuel, operations and maintenance, and biogas. The work is to focus on increasing sales through business development cooperation, and building an LNG infrastructure in places where gas is currently not available. The companies have agreed to share know-how, contacts, marketing, and business development activities, and to work together to develop cost-effective and efficient operation and maintenance activities. The development of LBG markets is another objective of the cooperation.

"By improving the availability of LNG, the present and future needs of both the shipping sector and industrial clients currently outside the natural gas grids will be served. At the same time, LNG utilisation also allows for the use of LBG without additional investment since the same infrastructure can be used for both," Wartsila said in a statement.

"Wartsila has taken a leading position in both the energy and shipping markets as a developer of advanced technology solutions that enable the practical and efficient use of natural gas fuel. This agreement with Gasum will help speed the transition to gas fuel and advance environmental sustainability," commented Wartsila President and CEO, Jaakko Eskola.

"I'm very pleased with the joint co-operation agreement as we're able to improve access to natural gas solutions as efficient and clean energy alternatives in the marine and land markets," said Gasum CEO and chair of the Skangas board of directors, Johanna Lamminen.

Bennett J. Pekkattil and Capt. Alok RC Sharma. TFG Marine calls for digital transformation to manage alternative fuel risks  

CFO says transparency and digital solutions are essential as the marine fuels sector faces volatility from diversification.
Mugardos Energy Terminal. Reganosa’s Mugardos terminal adds bio-LNG bunkering for ships and trucks  

Spanish facility obtains EU sustainability certification to supply renewable fuel with 92% lower emissions.
Global Ethanol Association (GEA) and Growth Energy logo side by side. Growth Energy joins Global Ethanol Association as new member  

US biofuel trade association represents nearly 100 biorefineries and over half of US ethanol production.
Bertha B vessel. H2SITE explains decision to establish Bergen subsidiary  

Ammonia-to-hydrogen technology firm says Norwegian city was obvious choice for its ambitions.
Vessel at sea under dark clouds. Gibraltar Port Authority issues severe weather warning for gale-force winds and heavy rain  

Port authority warns of storm-force gusts of up to 50 knots and rainfall totals reaching 120 mm.
Christiania Energy headquarters. Christiania Energy relocates headquarters within Odense Harbour  

Bunker firm moves to larger waterfront office to accommodate growing team and collaboration needs.
AiP award ceremony for 20K LNGBV design. HD Hyundai Heavy Industries receives design approval for 20,000-cbm LNG bunkering vessel  

Bureau Veritas grants approval in principle following joint development project with South Korean shipbuilder.
Lloyd’s Register technical committee meeting in Spain. Peninsula outlines dual role in FuelEU Maritime compliance at Lloyd’s Register panel  

Marine fuel supplier discusses challenges for shipowners and opportunities for suppliers under new regulation.
Current status of fleet fuel types chart. LNG-fuelled container ships dominate January alternative-fuel vessel orders  

Container ships accounted for 16 of 20 alternative-fuelled vessels ordered in January, DNV reports.
Rick Boom, CIMAC and Professor Lynn Loo, GCMD. GCMD and CIMAC sign partnership to advance alternative marine fuel readiness  

Two-year agreement aims to bridge operational experience with technical standards for decarbonisation solutions.




 Recommended