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.


World Fuel logo. World Fuel’s marine gross profit surges 86% as bunker price volatility drives Q1 results  

Higher bunker prices and volatility propel World Fuel to a strong first quarter, prompting upgraded full-year guidance.

Green Pearl and Lapis Ace (STS) bio-LNG bunkering operation. Axpo completes first ship-to-ship bio-LNG bunkering at Barcelona  

Swiss energy company supplies bio-LNG to MOL's car carrier Lapis Ace at Spanish port.

Dimitris Mertikas, Island Oil. Island Oil appoints Dimitris Mertikas as head of international trading in Dubai  

Bunker firm says hire will strengthen its trading capabilities and knowledge of the Middle Eastern and Greek markets.

International Chamber of Shipping (ICS) logo. LNG and biofuels seen as most viable near-term options, ICS Barometer finds  

Geopolitical instability emerges as shipping’s defining risk in ICS report.

Changhong International Shipyard aerial view. Zhoushan ship exports nearly double in five months amid decarbonisation push  

China's Zhoushan reports 93.7% surge in ship exports driven by rising demand for more advanced and environmentally friendly vessels.

Naming ceremony of Kota Elok and Kota Elan vessels. PIL names two 13,000-teu LNG dual-fuel vessels at Shanghai shipyard  

Two newbuilds are equipped to operate on LNG as well as low-sulphur fuel oil.

Deepwater offshore installation vessel (OIV) render. Contract signed to build methanol-ready deepwater installation vessel  

Chinese shipbuilder CIMC Raffles to construct vessel for Solstad-SBM joint venture.

Verde Marine Energy (VME) logo. Verde Marine Energy completes its first B100 biofuel bunkering in ARA region  

Supplier delivers B100 advanced FAME to Vertom vessel.

CMA CGM Notre Dame vessel. Bureau Veritas classes CMA CGM’s first 24,000-teu LNG dual-fuel mega boxship built by Yangzi Xinfu  

BV highlights work carried out during design, construction and commissioning of new new ultra-large container vessel.

ECSA and A4E logo. Shipping and aviation bodies urge EU to redirect ETS revenues into sustainable fuels  

ECSA and A4E say more than €11bn in annual ETS contributions must fund decarbonisation efforts.


↑  Back to Top