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.


Alisios vessel. Axpo completes first LNG bunkering in Valencia, with over half bio-LNG  

Ship-to-ship transfer to a container vessel makes Valencia the company's fourth Spanish port for LNG bunkering.

Christening ceremony of Makua vessel. Matson christens Makua, first of three LNG-ready Aloha Class container ships  

Dual-fuel vessel, due for delivery in early 2027, is the first of three ships worth around $1bn.

CMB.Tech logo. CMB.Tech seeks Singapore-based ammonia operations manager for Asia Pacific  

New hire will oversee ammonia chartering and bunkering and liaise with Far East partners.

Lumi Aurora vessel. IINO Lines deploys first Ice Class IB VLGC on long-term charter to Borouge International  

LPG-fuelled Lumi Aurora will carry North American gas to Borouge International's Porvoo plant in Finland.

Abelina Wagenborg vessel launch. Wagenborg launches first EasyMax 2.0 vessel, prepared for methanol, ammonia and LNG  

Abelina Wagenborg, built at Niestern Sander, is the first of a new generation designed for multiple alternative fuels.

NYK and MISC joint venture signing. NYK–MISC joint venture signs charter for 18,700-cbm LNG carrier with Malaysia LNG  

Asia LNG Transport will operate the dual-fuel diesel-electric newbuild, due from Hudong-Zhonghua in 2028, on routes to Japan.

Tsuneishi logo. Study finds methanol dual-fuel retrofit of Kamsarmax bulk carrier would take about 75 days  

Report by Mærsk Mc-Kinney Møller Center, involving Tsuneishi, puts conversion costs at 25–30% of the cost of a conventionally fuelled newbuilding.

LR, Shell and GTT joint development project (JDP) launch. Lloyd's Register, Shell and GTT launch joint project on hybrid-electric 200,000-cbm LNG carrier  

Partners to develop a concept combining hybrid-electric propulsion with GTT NEXT1 cargo containment technology for larger LNG carriers.

ClearMariner homepage. ClearMariner expands maritime sanctions screening with ESG, emissions and API support  

Online service now combines sanctions checks with voyage CO₂, CII, EU ETS and FuelEU Maritime estimates.

Long Jing Xin, Flex Commodities. Flex Commodities adds Long Jing Xin to Singapore marine fuels team  

Company appoints associate for marine fuels as part of plan for regional expansion.


↑  Back to Top