Avenir LNG Limited has actually taken shipment of the Avenir Achievement, the 2nd 20,000 cbm dual-purpose, melted gas supply as well as bunkering vessel (LBV) provided from Nantong CIMC Sinopacific Offshore & &Engineering Co (“SOE”). The Avenir Achievement is the 6th vessel to be provided right into the Avenir fleet.
The vessel will certainly be geared up with BOG reliquefication as well as synchronised procedures (SIMOPs) capacities, making her the globe’s biggest, most effective as well as functional LNG Bunker Supply Vessel.
From shipment, the vessel will originally be used on a 6-month time charter event with New Fortress Energy, prior to beginning a 3-year time charter event with Shell to start in Q1 2023. The time charter event with Shell has the alternative to be expanded approximately 5 years.
Peter Mackey, CHIEF EXECUTIVE OFFICER Avenir LNG Limited, stated: “We are delighted to see the delivery of the Avenir Achievement and the completion of Avenir’s phase 1 newbuilding program. This has been an enormous joint effort from the shipyard and Avenir team through a challenging period over the past three years. This is yet another important milestone for Avenir as we successfully conclude our initial asset development programme, having brought 6 newbuild vessels and our small-scale terminal in Sardinia into service over the past 18 months.”
“We continue to see enormous growth potential in the small-scale LNG segment and we expect to announce our phase-2 growth program in the second half of 2022, bringing additional small-scale LNG terminals and vessels into the market. Our global presence has expanded rapidly with Avenir assets / Partnerships now operating in China, Malaysia, the Mediterranean, Baltic Sea, and Caribbean. I am enormously proud of what the Avenir team has achieved in such a short period of time, especially given the global environment in the last 24 months.”
Avenir has an immensely brilliant future as we remain to develop the business right into the leading small LNG distributor internationally.”
