LNG Bunkering

GTT wraps up H1 with ‘success’ in LNG marine fuel sector

Performance ‘confirmed the attraction of ship-owners for its membrane technologies,’ says CEO.

Published

8 years ago

July 30, 2018

Admin

Liquefied natural gas (LNG) membrane containment systems engineering firm Gaztransport & Technigaz (GTT) completed its first half (H1) of 2018 with positive news from activity in the LNG marine fuel sector.

“In the field of LNG fuel, the success recorded by GTT confirmed the attraction of ship-owners for its membrane technologies,” said Philippe Berterottière, Chairman and CEO of GTT.

“After the order for nine giant container carriers from CMA CGM at the end of last year, in January the Group obtained one order for a bunker ship to be operated by TOTAL to supply the LNG to these container carriers.

“In early July, GTT obtained a major success with the order of LNG tanks intended for the future Ponant icebreaker cruiser. In this particular case, GTT will be responsible for the construction of these tanks, thereby offering its partners a true turnkey solution.”

The company’s overall results recorded net income of EUR 75.7 million (USD $88.27 million) in H1 2018, a 20% increase from net income of EUR 63.1 million in the similar period last year with respective operating margin of 59.5% and 55.5% during the comparative periods.

Revenue in H1 2018 was EUR 127.2 million, compared to revenue of EUR 113.7 million in H1 2017.

A summary of LNG fuel activity of GTT in H1 2018 are as follows:

One order for a bunker ship with a capacity of 18,600 m3. It will be equipped with the Mark III Flex technology and built at the Chinese shipyard Hudong Zhonghua. Positioned in northern Europe, its purpose will be in particular to supply LNG for the future CMA CGM container carriers. It will be operated by the Mitsui OSK Lines Ltd. ship owner and chartered by the dedicated bunker subsidiary Total Marine Fuels Global Solutions (TMFGS).
In July 2018, GTT also recorded one order from Vard to build LNG tanks for the PONANT Icebreaker, the first LNG-powered cruiser icebreaker. This is a new step in the development of the LNG fuel activity, as it is an especially new and environmentally-friendly vessel.
In April 2018, GTT signed a Technical Assistance and License Agreement (TALA) with Sembcorp Marine, a company based in Singapore, to design and build FSRUs, average-size LNG carriers and Sembcorp Marine’s Gravifloat platforms using GTT’s membrane containment systems.

Published: 30 July 2018

LNG Bunkering

Bunkering vessel “Avenir Advantage” completes first LNG delivery to cruise ship

Ship delivered LNG to Royal Caribbean Group’s “Icon of the Seas” in Honduras, marking its first LNG bunkering operation for the cruise line and expanding small-scale LNG supply in the Caribbean.

Published

23 hours ago

August 20, 2026

Admin

Bunkering vessel “Avenir Advantage” completes first LNG delivery to cruise ship

Bunker supplier Avenir LNG on Wednesday (19 August) said its bunkering vessel Avenir Advantage has completed its first LNG bunkering delivery to Royal Caribbean Group’s cruise ship, Icon of the Seas in Honduras, marking a milestone for the company’s LNG supply operations in the Caribbean.

The company said the operation supports the cruise industry’s transition towards lower-emission marine fuels while demonstrating the flexibility of small-scale LNG infrastructure in the region.

Avenir LNG thanked Axpo Group, the vessel’s crew, shore teams, port stakeholders and other partners involved in the operation.

The company added that it aims to support further safe and reliable LNG deliveries in the future.

Photo credit: Avenir LNG
Published: 20 August, 2026

LNG Bunkering

Amazónica LNG joins SEA-LNG as coalition expands into South America

SEA-LNG announces the membership of Amazónica LNG, a Colombian LNG import, storage and regasification company developing bunkering-ready infrastructure on the country’s Caribbean coast.

Published

2 days ago

August 19, 2026

Admin

Amazónica LNG joins SEA-LNG as coalition expands into South America

Industry coalition SEA-LNG on Tuesday (18 August) announced the membership of Amazónica LNG, a Colombian LNG import, storage and regasification company developing bunkering-ready infrastructure on the country’s Caribbean coast.

Amazónica LNG is a joint venture between port logistics specialist Retramar and private equity investor Affinity Energy. The company operates the Palermo LNG terminal in Sitio Nuevo, Magdalena, on Colombia’s Caribbean coast near Barranquilla, combining a floating storage unit with regasification and small-scale LNG distribution capability.

Cartagena and Barranquilla have a focus on cargo and cruise activity along Colombia’s Caribbean coast. In 2025, CONTECAR and the Sociedad Portuaria Regional de Cartagena together handled over 4 million TEUs of containerised cargo. This is around 63% of all containerised cargo handled by Colombia’s public-service port companies.

The Cartagena Cruise Terminal serves 34 cruise lines, while the Sociedad Portuaria Regional de Barranquilla handled approximately 3.5 million tonnes of cargo in 2025. Together, these showcase the scale of maritime activity that will support the development of LNG bunkering infrastructure in the Colombian Caribbean.

Within this context, LNG offers an immediate route to decarbonisation that is available today, helping the maritime value chain reduce greenhouse gas and local air emissions. It also gives the sector a pathway to meet increasingly demanding international decarbonisation requirements over time, as compatible vessels and infrastructure enable the shift to liquefied biomethane and e-methane.

Alberto Consuegra, CEO of Amazónica LNG, said: “The opportunity for Amazónica LNG is focused firmly on unlocking LNG as a practical transition fuel for the region. We make this possible by further advancing shipping decarbonisation as Cartagena and the Colombian Caribbean establish themselves as a future-ready bunkering hub serving Latin America and the wider Caribbean. Joining SEA-LNG will help us expand our network and join a coalition of first movers who are dedicated to advancing the methane decarbonisation pathway.”

Steve Esau, COO of SEA-LNG, added: “Amazónica LNG’s membership extends SEA-LNG’s reach into Latin America at a pivotal moment, growing the infrastructure which is critical for methane’s global adoption. As decarbonisation requirements tighten across international shipping, Amazónica LNG’s infrastructure on Colombia’s Caribbean coast will accelerate the adoption of the methane pathway.”

LNG bunkering infrastructure continues to expand rapidly worldwide, with LNG now available at more than 220 ports globally, and LNG-fuelled vessels accounting for almost 90% of all alternative-fuel ships currently on order.

Amazónica LNG’s membership adds Latin American port and terminal expertise to a coalition dedicated to the growth of global methane marine fuel value chain spanning owners, ports, fuel producers, OEMs, insurers, classification societies that enables the transition to sustainable shipping.

Photo credit: Amazónica LNG
Published: 19 August, 2026

LNG Bunkering

Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres.

Published

3 days ago

August 18, 2026

Admin

Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Singapore-based shipping firm Eastern Pacific Shipping (EPS) on Monday (17 August) said the company has successfully completed its 700th LNG bunkering operation, carried out for vehicle carrier Lake Victoria in Emden, Germany.

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres (m3).

“Reaching 700 LNG bunkering operations reflects not only the scale of our investment in alternative-fuel capabilities, but also the experience, coordination and commitment of our teams at sea and ashore,” EPS said in a social media post.

“As we continue to grow and diversify our fleet, every operation adds to the practical experience needed to support shipping’s energy transition.”

Manifold Times previously reported the company completed a total of 530 LNG bunkering operations with over 2.4 million m3 of LNG bunkered, from the start of recorded data to 31 Dec 2025.

In its 2026 ESG Report, EPS said its fleet is among the largest dual-fuel fleets in the industry, with over 170 vessels designed to operate on alternative fuels.

In 2025, 25% of the fuel consumed by EPS fleet were alternative marine fuels, including LNG, LPG, ethane, and biofuels.

Photo credit: Eastern Pacific Shipping
Published: 18 August, 2026