Titan, the independent distributor of reduced as well as zero-emission gas, got 2 little range LNG service providers– the Seapeak Unikum as well as Seapeak Vision– from Seapeak, the Canadian gas transport business previously referred to as Teekay LNGPartners The vessels will certainly be retrofitted to make sure appropriate LNG bunkering abilities, allowing them to both transportation as well as shelter LNG, dissolved biomethane (LBM), as well as in the longer-term hydrogen acquired e-methane (e-LNG).
Both sis vessels have a freight capability of 12,000 ccbm as well as step 152 x 19.8 m. The vessels will certainly sign up with Titan’s fleet in March this year. They will certainly run in the Mediterranean as well as Northwestern Europe as well as will certainly provide for boosted need for LNG as well as LBM (bio-LNG) in these areas.
The vessels as well as the retrofit are funded by Sole Shipping Group via a long-lasting bareboat charter renting framework. Sole Shipping Group is a significant European carrier of economic leasing frameworks. Titan was encouraged on this purchase by Endegeest Consulting BV.
“Retrofitting these ships so that they can trade and bunker LNG, LBM, and in the longer-term hydrogen derived e-methane, offers Titan even more flexibility in its clean fuel operations,” said Douwe de Jong, fleet development director, Titan. “The team is currently specifying the upgrades and finding a suitable shipyard for the retrofit work.”
The statement of this vessel procurement adheres to the current information from Robert Habeck, vice chancellor of Germany as well as a participant of the German environment-friendly celebration, that Germany has actually approved an overall of EUR62 million to a collaboration of 3 business, consisting of Titan, for the building of the Titan Krios brand-new construct LNG shelter vessels.
