Wed 25 Jul 2018, 11:29 GMT

Baltic bunker buyers hail LNG as a marine fuel


Arctia, ESL Shipping and Tallink speak in favour of LNG as a bunker fuel moving forwards.


Image credit: Fluxys
Senior management representatives of three bunker-buying organizations based in the neighbouring countries of Finland and Estonia have spoken in favour of LNG as a marine fuel in recent comments.

Tom Ekegren, Business Manager at Arctia Oy; Matti-Mikael Koskinen, Managing Director at ESL Shipping; and Tarvi-Carlos Tuulik, Director, Shipbuilding at Tallink Grupp have all explained why their firms will be supporting the use of LNG for their fleets moving forwards.

Ekegren, whose company operates the world's first LNG-powered icebreaker, Polaris, said he expects the role of LNG as a marine fuel to grow in the future - especially in the Baltic Sea.

"Thanks to LNG-based solutions, the construction of high-class ice vessels is possible so that they meet the new energy efficiency requirements," Ekegren remarked.

"By operating Polaris, we are supporting the development of the infrastructure needed to move to LNG and sharing the best practices of LNG within the industry," he added.

ESL Shipping's Matti-Mikael Koskinen posited that LNG will play "a big and prominent role" in the future, and that the use of carbon dioxide-free biogas will also increase.

"Environmental issues are at the heart of more and more businesses and guide decision-making alongside operational and economic factors," he noted.

Last year, ESL launched two LNG-fuelled dry cargo vessels: the Viikki and the Haaga, which are both due to start operating in the Baltic Sea this year.

"The introduction of new LNG-equipped vessels has been a major learning process for our staff. We have already gained a lot of know-how and its accumulation continues. We intend to keep the lead in maritime transport. When we buy new ships, their fuel will be LNG," Koskinen explained.

Meanwhile, according to Tallink Grupp's Tarvi-Carlos Tuulik, LNG is "the best marine fuel option in the Baltic Sea region".

"The good energy density and competitive price of LNG offer an excellent environmentally friendly option for maritime carriers. Low emissions of sulphur oxides and significantly reduced carbon dioxide emissions speak strongly for LNG," Tuulik observed.

"Thanks to sophisticated technology, LNG is now an always-to-take alternative to fuel for new ships. Future technical solutions will enable us to move to absolutely carbon neutral fuels at some point," he added.


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.