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

Zhejiang Province wraps up first cross-regional bonded LNG bunkering operation

“Hai Yang Shi You 302” supplied container ship “MSC Maria Laura” with 3,500 cubic meters of bonded LNG at Chuanshan Port Area, after the bunkering vessel received bonded LNG in Zhoushan.

Published

3 hours ago

July 6, 2026

Admin

Zhejiang Province wraps up first cross-regional bonded LNG bunkering operation

Zhejiang Province on Saturday (27 June) completed its first cross-regional bonded LNG bunkering operation at Chuanshan Port Area of Ningbo-Zhoushan Port, according to Hangzhou Customs.

Bunkering vessel Hai Yang Shi You 302 travelled to ENN Zhoushan LNG receiving terminal to load bonded LNG. The vessel then supplied container ship MSC Maria Laura with 3,500 cubic meters of bonded LNG at Chuanshan Port Area.

Zhejiang Province wraps up first cross-regional bonded LNG bunkering operation

Compared with the traditional single-port bunkering model, the cross-regional operation removes the geographical barriers between Zhoushan’s gas supply and bunkering demand in Ningbo’s core port area, enabling cross-port LNG transfer within the province.

“The new operating model addresses longstanding constraints associated with the geographical limitations of LNG supply reloading and tight operational time windows,” said Chen Bangkui, Business Manager at CNOOC Zhejiang New Energy Co Ltd.

“We can now flexibly source bonded LNG from both Zhoushan and Ningbo, significantly improving operational flexibility and efficiency.”

Photo credit: Hangzhou Customs
Published: 6 July, 2026

LNG Bunkering

Port of Bilbao grants Molgas truck-to-ship LNG bunkering licence

Molgas says the licence marked a milestone that strengthens its ability to continue developing new supply opportunities across Spanish ports.

Published

3 hours ago

July 6, 2026

Admin

Port of Bilbao grants Molgas truck-to-ship LNG bunkering licence

Madrid-headquartered Molgas Energy Group on Friday (3 July) said the company has been granted an operating licence to supply LNG bunker fuel to vessels at the Port of Bilbao through Truck-to-Ship (TTS) operation.

Molgas said the licence marked a milestone that strengthens its ability to continue developing new supply opportunities across Spanish ports.

“In addition, in recent weeks, we took part in the presentation of the new LNG Supply Tender Model at the Ministry of Transport and Sustainable Mobility. We participated as part of the Gasnam working group specialising in TTS operations, contributing our expertise to the development of the sector,” it said.

The event was attended by the Secretary General for Air and Maritime Transport, the President of State Ports, and the Director General of the Merchant Marine.

Photo credit: Molgas
Published: 6 July, 2026

LNG Bunkering

Gasum secures LNG bunker fuel supply deal for Fjord1 ferries

Both signed a long-term agreement on the supply of LNG for a group of ferries operating the daily Arsvågen–Mortavika route connecting Stavanger and Haugesund along E39.

Published

3 hours ago

July 6, 2026

Admin

Gasum secures LNG bunker fuel supply deal for Fjord1 ferries

Energy company Gasum on Wednesday (1 July) said it has signed a long-term agreement with Norwegian ferry operator Fjord1 on the supply of liquefied natural gas (LNG) for a group of ferries operating the daily Arsvågen–Mortavika route connecting Stavanger and Haugesund along E39.

The agreement covers fuel supply for four main ferries and one backup ferry.

“We are very pleased that Fjord1 has selected Gasum as its LNG supplier for this important ferry route. The agreement underlines our ability to provide reliable LNG deliveries for demanding maritime operations thanks to our fully integrated and seamless supply chain,” said Jacob Granqvist, Vice President, Maritime, Gasum.

“For Fjord1, reliable fuel supply is essential to maintaining safe and predictable ferry operations on one of Norway’s most important ferry routes. We are pleased to enter into this agreement with Gasum, which supports our focus on operational reliability, efficient logistics and our long-term ambition to provide safe and environmentally friendly transport for our customers, contracting authorities and partners,” said Tor Kristoffersen, Head of regional operations, Fjord1.

Fjord1 is a Norwegian ferry company, transporting over 20 million passengers annually. The company is a supplier of critical infrastructure to coastal Norway.

The Arsvågen–Mortavika ferry connection is an important transport link on the Norwegian west coast. Gasum will bunker the ferries truck-to-ship at both ends of the route, requiring precise scheduling to keep ferry operations running smoothly.

Gasum’s extensive supply network of terminals, vessels and trucks makes the company an optimal partner for an operator such as Fjord1 for whom reliability of fuel supply is essential.

Gasum supplies LNG and bio-LNG to different types of maritime customers, from service vessels to container ships, across North-Western Europe. Gasum is able to offer a unique layer of flexibility to its bunkering services and a seamless transition to low or negative emission bio-LNG either fully or as a blend of any ratio with LNG.

Photo credit: Gasum
Published: 6 July, 2026