Seaspan, AES to collaborate on LNG bunkering company development

Canada-centered Seaspan and AES have signed a memorandum of knowledge (MoU) to collaborate on LNG bunkering company growth.

As spelled out, this collaboration is predominantly aimed at giving Liquefied Purely natural Fuel (LNG) bunkering expert services to shipping and delivery vessels crossing the Panama Canal, as well as checking out selections to supply this and similar companies in regional marketplaces in just the area of influence of the Costa Norte LNG terminal, owned by AES, located in Colón, Panama.

Now, AES is acquiring a venture to expand the aforementioned terminal that contemplates a new LNG refueling infrastructure in methane tankers (Ship Loading Facility) that jointly with the arrival of a small-scale methane tanker to Panama, offered by Seaspan ULC, destined for final deliveries of LNG, will permit the commercialization of LNG as maritime gas from the second fifty percent of 2024, and ultimately the supply of this sort of hydrocarbon, much more environmentally welcoming, in other alternate regional markets.

On top of that, the Ship Loading Facility is scheduled to commence functions in November of this yr as an integral component of the solutions of the Costa Norte LNG terminal in the province of Colon, Panama. This infrastructure guarantees to adjust the landscape of the regional energy sector, enabling the terminal to offer providers for the LNG business.

  • Interesting down: cooling services for LNG carriers reloading or resuming maritime procedure following a period of maintenance downtime.
  • Non permanent storage and reloading: with the ability of the Costa Norte storage tank (180,000 m³), various current market operators will be capable to retail outlet their LNG temporarily and withdraw it on desire.
  • Refueling for bunkering and regional distribution: with a product that replicates the operation of the world’s most important terminals, the Costa Norte terminal will enable the shipping and delivery of stored LNG to be applied both for LNG supply, as maritime gasoline for the growing fleet transiting the Panama Canal, and for rising marketplaces in neighboring nations around the world.

Seaspan is happy to collaborate with AES to supply LNG bunkering in the Panama area and lead the way in providing strength transformation possibilities in the international maritime sector. Jointly we will supply minimal-carbon solutions for ship house owners who want to decarbonize their operations and transition to cleaner maritime fuels.

..stated Ian McIver, president of Seaspan Energy.

We are on the doorstep of a new era in sustainable electrical power. The collaboration with our shipowner husband or wife and the improvements at our Costa Norte Terminal placement us as leaders in driving sustainable, effective and inexpensive solutions to satisfy the growing demands of the sector.

..mentioned Miguel Bolinaga, president of AES in Panama.

These achievements mark the commencing of a innovative transformation in the sustainable electricity landscape that benefits each Panama and the region.

Seaspan, AES to collaborate on LNG bunkering business development
Seaspan, AES to collaborate on LNG bunkering business development