Norway’s Kanfer plans LNG bunkering duo at China’s Wuzhou

Norway-based small-scale player Kanfer Shipping said it has signed a letter of intent with Chinese shipyard Taizhou Wuzhou Shipbuilding for the construction of two LNG bunkering vessels.

Kanfer says the Chinese yard would deliver the 6,000-cbm bunkering and distribution vessels in the first half of 2023.

Moreover, the LOI also includes an option for addititional vessels.

The Norwegian firm will own the CGR Arctic Marine-designed LNG bunkering ships together with its partners and plans to charter them on long-term contracts.

To remind, Singapore’s AG&P made an equity investment in Kanfer back in November 2019.

Kanfer chief Stig Hagen says the firm sees a rapidly expanding market for LNG bunkering vessels as the world maritime industry continues to pivot towards its decarbonisation goals through LNG.

In addition, Hagen said the growing demand for new LNG bunkering vessels makes the company’s decision “well-timed”.

- Advertisements -

Most Popular

Excelerate orders FSRU at Hyundai Heavy

US floating LNG player Excelerate Energy has ordered a floating storage and regasification unit (FSRU) at South Korea’s Hyundai...

No bids in Pakistan LNG’s tender for 72 shipments

State-owned Pakistan LNG said it had received no offers for its latest tender seeking bids for a total of...

Eneva, NFE wrap up Brazilian LNG power plant deal

Brazilian energy company Eneva has closed its previously announced deal with US LNG firm New Fortress Energy and joint...

More News Like This

EGAS, Kanfer in Suez Canal LNG bunkering move

Norway-based small-scale player Kanfer Shipping has signed a deal with Egypt's EGAS to charter one LNG bunkering vessel to...

Kanfer looking to charter LNG bunkering ships to players in Spain in Portugal

Norway-based small-scale player Kanfer Shipping is still in talks to find work for its two LNG bunkering vessels and...

Norway’s Kanfer in talks to secure work for two LNG bunkering vessels

Norway-based small-scale player Kanfer Shipping is still in talks to find work for two LNG bunkering vessels it ordered...

Australia’s Oceania Marine, Kanfer plan ammonia-ready LNG bunkering ship

Australia's Oceania Marine Energy and Norway's Kanfer Shipping have signed a letter of intent to bring what they say...