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.


Steel cutting ceremony for CMA CGM’s 8,400-teu LNG dual-fuel container vessel. New Times Shipbuilding begins steel cutting on 8,400-teu LNG dual-fuel boxship  

Chinese shipyard begins construction on vessel for CMA CGM with Lloyd's Register classification oversight.

ISCC Logo. Golden Island secures ISCC EU certification for sustainable marine fuel trading  

Singapore-based trader can now supply B100 biodiesel and green methanol with verified sustainability proofs.

Palace of Westminster, London. Uni-Fuels seeks bunker traders for London operations  

Nasdaq-listed marine fuel supplier recruiting for trading team to support global expansion efforts.

Uni-Fuels Logo. Uni-Fuels seeks bunker traders for Piraeus office  

Nasdaq-listed marine fuel provider advertises positions as part of expansion in Greek market.

Aland vessel. EU updates shipping company assignments under emissions trading system  

European Commission publishes revised list of administering authorities based on latest Thetis-MRV data.

WinGD LNG dual-fuel engine with personnel wearing safety helmets. WinGD promotes variable compression ratio retrofits for existing LNG dual-fuel engines  

Engine designer claims technology can reduce emissions and methane slip ahead of 2030 targets.

IBIA Board Elections 2026 Nominees announcement. IBIA announces 11 nominees for four board vacancies in 2026 election  

Voting opens 5 January with results to be announced at AGM on 9 February.

Bureau Veritas and C-Torq Marine Services sign MoU. Bureau Veritas and C-Torq Marine Services sign MoU for hydrogen energy system development  

Partnership aims to secure approval in principle for W-VOLT120 hydrogen-based maritime power system.

Global Ethanol Association (GEA) and SQ Group logo side by side. Jinan Shengquan Group joins Global Ethanol Association as founding member  

Chinese bio-based materials group joins new industry body promoting ethanol for energy security and emissions reduction.

ONE Satisfaction vessel. Ocean Network Express names sixth methanol and ammonia-ready container ship  

ONE Satisfaction is a 13,800-teu vessel scheduled for delivery in February 2026.


↑  Back to Top