Wed 25 Oct 2017 11:24

Elgas and Astomos sign LPG bunkering MoU


Companies to look into collaborating on LPG bunkering projects in the Asia-Pacific region.

Australian LPG marketer Elgas Ltd and Japan's Astomos Energy Corporation have signed a memorandum of understanding (MOU) to look into working together on LPG bunkering projects in the Asia-Pacific region.

"This MoU will enhance cooperation between Astomos and Elgas across all aspects of LPG bunkering, including the sharing of information, research and development and collaboration in securing global supply sites for LPG bunkering within the Asia Pacific," Astomos said.

"Over the past few years, Astomos and Elgas have developed a strong business relationship in the field of seaborne LPG trading. This MoU will strengthen the relationship between the two companies and will contribute to the expansion into new business areas," Astomos added.

Earlier this year, Bunker Index reported that Astomos and Statoil had signed an MoU to look into projects related to the use of LPG as a marine fuel. Both firms will be sharing information and performing research into initiatives related to LPG bunkering - including LPG-fuelled vessels and the development of global supply sites for the supply of LPG as a fuel to ships.

Tokyo-headquartered Astomos operates more than 20 LPG vessels and is involved in LPG trading, import and distribution. It is jointly owned by Idemitsu Kosan (51 percent) and Mitsubishi Corporation (49 percent).
Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.
Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.
Bunker Holding's executive management team, from left to right: CCO Anders Grønborg, COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.
Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.
A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.
Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.
Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.
Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.
Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.
Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

↑  Back to Top


 Related Links