Seaspan and AES to collaborate on LNG bunkering business progress

Seaspan and AES to collaborate on LNG bunkering business progress

In the framework of the 3rd Worldwide LNG World-wide Forum, held in Cartagena, Colombia, Seaspan has signed a memorandum of comprehension (MoU) with worldwide energy enterprise, AES.

This collaboration is mainly aimed at delivering LNG bunkering products and services to delivery vessels crossing the Panama Canal, as effectively as discovering selections to deliver this and identical providers in regional marketplaces in the place of impact of the Costa Norte LNG terminal, owned by AES, found in Colón, Panama.

At the moment, AES is building a job to increase the aforementioned terminal that contemplates a new LNG refuelling infrastructure in methane tankers (Ship Loading Facility) that together with the arrival of a tiny scale methane tanker to Panama, delivered by Seaspan ULC, destined for closing deliveries of LNG, will permit the commercialisation of LNG as maritime fuel from 2H24, and finally the shipping of this sort of hydrocarbon, extra environmentally friendly, in other substitute regional marketplaces.

The Ship Loading Facility is scheduled to start off operations in November of this 12 months as an integral component of the providers of the Costa Norte LNG terminal in the province of Colon, Panama. This infrastructure guarantees to adjust the landscape of the regional electrical power sector, enabling the terminal to offer you expert services for the LNG field:

  • Cool down: cooling service for LNG carriers reloading or resuming maritime procedure after a period of maintenance downtime.
  • Short term storage and reloading: with the potential of the Costa Norte storage tank (180 000 m3), various market place operators will be able to retail outlet their LNG briefly and withdraw it on demand.
  • Refuelling for bunkering and regional distribution: with a product that replicates the procedure of the world’s major terminals, the Costa Norte terminal will help the shipping and delivery of stored LNG to be applied the two for LNG supply, as maritime gas for the increasing fleet transiting the Panama Canal, and for emerging markets in neighbouring international locations.

“Seaspan is proud to collaborate with AES to supply LNG bunkering in the Panama region and lead the way in offering vitality transformation chances in the world wide marine sector. Collectively we will deliver low-carbon alternatives for ship homeowners who want to decarbonise their functions and transition to cleaner maritime fuels,” stated Ian McIver, president of Seaspan Electrical power.

“We are on the doorstep of a new period in sustainable energy. The collaboration with our shipowner partner and the innovations at our Costa Norte Terminal position us as leaders in driving sustainable, economical and very affordable answers to meet up with the rising demands of the industry,” additional Miguel Bolinaga, president of AES in Panama.

These achievements mark the starting of a revolutionary transformation in the sustainable power landscape that benefits the two Panama and the location.

Read through the short article on-line at: business-progress/