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.


VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.

International Maritime Organization (IMO) headquarters. IMO calls for expert nominations for methane fuels technical seminar in May  

Event to cover LNG, biomethane and e-methane production, safe use and blending.

Emvolon logo. Emvolon to present stranded methane conversion technology at Industry Growth Forum  

Company selected from over 270 entrepreneurs to showcase modular fuel production system in Denver.

Oceana Frontier vessel. Tsuneishi Shipbuilding delivers world’s first LNG dual-fuel Kamsarmax bulk carrier  

Japanese shipbuilder manufactures LNG fuel tank in-house, achieving over 50% EEDI reduction.

80-metre high-speed ro-pax ferry render. Incat Crowther designs 80-metre high-speed ro-pax ferry for South Korean Yellow Sea routes  

Vessel will transport 572 passengers and 60 cars between Incheon and Ongjin County islands.

Star Kirkenes vessel. Grieg Maritime Group orders GT Wings jet sails for Star Kirkenes retrofit  

Norwegian shipowner signs contract for two AirWing 20 units with option for three more vessels.


↑  Back to Top