This is a legacy page. Please click here to view the latest version.
Thu 4 May 2017, 12:28 GMT

Terntank wins 'Gold Drop' award for LNG-powered ships


Shipping firm described as an 'innovative pathfinder that leads the way'.



Shipping company Terntank has been recognised for its investment in liquefied natural gas (LNG)-powered vessels by being voted the winner of the Port of Gothenburg's newly established 'Gulddroppen' (Gold Drop) Innovation Award.

Terntank's vessel, the Ternsund, was the first ship to ever bunker LNG in Gothenburg and is the first of four 15,000-deadweight-tonne (dwt) LNG-fuelled product tankers ordered by the firm. All four LNG-powered vessels are equipped with a Wartsila 5RT-flex 50 DF dual-fuel, 5,850-kilowatt (kW) main engine.

The other companies nominated for the new award were Preem for its renewable diesel, St1 for its ethanol plant, Nynas for its renewable asphalt and Furetank for its LNG operation - using the LNG-powered Fure West.

"It was unexpected, but highly appreciated. We won in the face of stiff competition. We will naturally continue to work hard to reduce our environmental footprint to a minimum," said Tryggve Moller, President of Donso-based Tarntank Ship Management.

Last year, both the Ternsund and the Fure West received the port's maximum environmental discount of 30 percent on port charges each time they called at Gothenburg.

The Ternsund was delivered last June and is currently operating under a time charter with Finnish company North European Oil Trade (NEOT), transporting petroleum products from the company's St1 refinery in Gothenburg, Sweden.

As previously reported, the vessel also became the first ever ship to take on LNG as bunker fuel in the port of Rotterdam, qualifying for an LNG bunkering premium equal to a 10 percent reduction in port dues.

In its verdict, the Port of Gothenburg said: "Donso shipping company Terntank is an innovative pathfinder that leads the way in greener shipping operations.

"Together with its newly built sister vessels the Ternsund will sail the world's oceans without discharging sulphur or particulates. Thanks to determination, dedication and innovation, Terntank sets the benchmark in the development of next-generation shipping."

The second of Terntank's four LNG-fuelled sister tankers, the Ternfjord, was delivered in September. It is under a time charter agreement with ExxonMobil and is being used to transport oil products from the oil major's refinery plant in Slagentangen, Norway.

The Tern Sea was the third in the LNG-fuelled tanker series delivered to Terntank, in November.

The last of the quartet, the Tern Ocean, was delivered in March.

Image: Terntank's Niklas Johansson, Tryggve Moller and Anna Nyman receive the Port of Gothenburg's 'Gold Drop' Innovation Award.


Windward Hamburg vessel. VARD delivers final CSOV to Windward Offshore, completing series  

Methanol-ready Windward Hamburg joins the fleet as VARD completes delivery of four purpose-built CSOVs.

RSP and Dynamic People partnership signing. Rotterdam Shore Power partners with Dynamic People to digitalise operations  

The shore power developer is building a Microsoft-based digital platform to support its growth.

Dorian LPG logo. Dorian LPG orders three dual-fuel VLGCs from Hanwha Ocean in $345m deal, secures $368.4m credit facility  

US-listed VLGC operator has also fixed 99% of its fleet days at above $88,000 per day.

Seto Azure vessel. Osaka Gas completes first ship-to-ship LNG bunkering in Osaka Bay  

Bunkering vessel Seto Azure is used to supply an LNG-fuelled car carrier at Kobe.

EPS vessels naming ceremony. Eastern Pacific Shipping takes delivery of three LNG dual-fuel Newcastlemaxes five months ahead of schedule  

EPS receives Mount Victoria, Mount Yulong and Mount Wuyi from Qingdao Beihai Shipbuilding.

EmissionLink logo. EmissionLink urges demand aggregation to unlock zero-emission fuel investment  

MD calls for pooled demand to unlock investment and accelerate alternative fuel availability for shipping.

Hydrogen-fuelled vessel render. GMI awards eCap Marine contract for two additional hydrogen-powered bulk carriers  

3,000-DWT newbuilds to be built in India and enter service in Norwegian waters in 2029.

Navios Turquoise vessel. Navios Partners takes delivery of second LNG- and methanol-ready boxship in newbuilding series  

Handover of 7,900-TEU Navios Turquoise follows delivery of sister ship Navios Cyan in May.

Yang Ming and Hanwha Ocean contract signing ceremony. Yang Ming orders six 13,000-TEU LNG dual-fuel vessels from Hanwha Ocean  

Taiwanese carrier expands green fleet with ammonia-ready newbuilds due for delivery by 2029.

AiP award ceremony for 12,500-cbm LNG bunker vessel design. LR awards approval in principle to Chinese yard for 12,500-cbm LNG bunker vessel design  

Lloyd’s Register validates new LNG bunkering vessel concept by CSSC Huangpu Wenchong at SMM 2026.


↑  Back to Top