Titan LNG changes name

Dutch firm Titan LNG is now just Titan as the new name “better reflects” the company’s commitment to the decarbonization of shipping and industry.

“Dropping the single product focus from our name reflects how we will use our expertise for other fuels that will emerge after LNG,” Niels den Nijs, CEO of Titan, said in a statement on Wednesday.

He said the company has completely dedicated its “extensive investment program” for the immediate and long-term future to carbon-neutral fuel infrastructure, such as liquefied biomethane (LBM) production plants and LBM bunker vessels.

Titan currently operates four LNG and LBM supply vessels across Europe; two FlexFuelers, Green Zeebrugge, plus regularly chartered vessels.

The newbuild program, that consists of the Krios and Hyperion series, would join Titan’s expanding infrastructure in late 2024 on the back of the long-term contracts in place, the statement said.

According to de Nijs, LBM is the, “fuel of choice for many shipowners which provides a clear pathway into a carbon neutral future with the possibility to blend in hydrogen-derived e-methane when available.”

“However, we recognize that decarbonization will require a range of solutions, and when other alternative fuels become available at scale, we are ready to add them into our supply portfolio,” he said.

“The name change represents the natural evolution of our company, the conversations we are having with current and future clients, together with the various EU fundings we have received for LBM production plants and hydrogen-derived e-methane projects,” den Nijs added.

- Advertisements -

Most Popular

Golden Pass LNG to ramp up construction activities after Zachry deal

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a...

Hudong-Zhonghua confirms TotalEnergies order for LNG bunkering vessel

China’s Hudong-Zhonghua said it had secured an order to build one 18,600-cbm LNG bunkering vessel for French energy giant...

India was top destination for US LNG cargoes in May

India was the top destination for US liquefied natural gas cargoes in May, as Asia overtook Europe as the...

More News Like This

Titan to supply bio-LNG to UECC’s PCTCs in Zeebrugge

Norwegian shipping firm UECC has joined forces with Dutch LNG supplier Titan to bunker its pure car and truck...

Hapag-Lloyd’s containership wraps up largest bio-LNG bunkering op in Rotterdam

Germany’s Hapag-Lloyd has joined forces with Dutch LNG supplier Titan and trader STX to complete what they say is...

Nordsol: Dutch bio-LNG plant nears launch

Dutch tech firm Nordsol and its partners are nearing completion of the bio-LNG plant in Wilp. Nordsol said in a...

Titan wraps up its first UK LNG bunkering op

Dutch LNG supplier Titan marked its debut in the United Kingdom with the completion of a bunkering operation in...