KNOT takes delivery of first LNG-fueled shuttle tanker chartered by Eni

Norway-based Knutsen NYK Offshore Tankers (KNOT) has taken delivery of an LNG-powered shuttle tanker that will go on a long-term charter with a unit of Italy’s Eni.

KNOT is a joint venture by Trygve Seglem’s TS Shipping Invest, the parent of Knutsen, and Japan’s NYK.

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) delivered the 277.54 meters long LNG-powered Frida Knutsen on Tuesday, according to a statement by NYK.

The tanker will start serving ENI Trade & Biofuels in the North Sea and Barents Sea under the charter deal.

NYK said the vessel is KNOT’s first dual-fuel shuttle tanker that can use not only heavy fuel oil but also LNG.

Besides LNG fuel, the vessel features a VOC recovery system and an energy storage system, thereby reducing greenhouse gas emissions, it said.

In February 2020, KNOT signed charter deals with Eni for two 124,000-dwt LNG-powered shuttle tankers.

DSME should soon deliver the second vessel, Sindre Knutsen, to KNOT as well.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

More News Like This

India’s BPCL inks LNG pact with Eni

India’s state-run Bharat Petroleum Corp (BPCL) has signed an agreement with Italy's Eni as it works to further diversify its liquefied natural gas (LNG) supply sources.

NYK wraps up Avenir LNG stake purchase

Japan's shipping giant NYK has completed the acquisition of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen following regulatory approvals.

Knutsen takes delivery of QatarEnergy LNG tanker

Norwegian shipowner Knutsen has taken delivery of another 174,000-cbm LNG carrier built as part of the massive QatarEnergy shipbuilding program.

EU clears NYK’s stake purchase in Avenir LNG

The European Commission has approved NYK's purchase of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen.