This is a legacy page. Please click here to view the latest version.
Mon 22 Jan 2018, 14:47 GMT

Port authority president lauds plan to develop 'Adriatic hub' for LNG bunkering


Venice prepares for LNG bunker demand with projects to build supply barge and terminal.



The president of the North Adriatic Sea Port Authority, Pino Musolino, has heaped praise on a plan to develop the port of Venice into a key LNG bunkering location.

The North Adriatic Sea Port Authority has teamed up with Italian firm Rimorchiatori Riuniti Panfido to look into designing and building an LNG bunkering barge to supply ships calling at Venice's new LNG terminal.

Commenting on the Venice initiative, Musolino said: "I believe that sustainability and technology are two issues that must always go hand in hand. In this context, the new LNG terminal is an excellent example of this philosophy. For this reason, we have decided to support the initiative of two private companies with the aim to help promote the use of LNG as an alternative fuel, both in the port area and for land transport."

Musolino also noted that the maritime landscape would be changing in Italy over the coming years with the arrival of LNG-powered cruise ships and dual-fuel ferries, and suggested that the port will be able to benefit from the expected influx of new gas-ready vessels.

"Being able to count in Venice on a terminal set up for the supply of this new fuel will allow us to become the Adriatic hub for the supply of LNG to new ships," Musolino remarked.

The Port of Venice estimates that by 2030, demand for LNG at the port will be 873,000 metric tonnes per year, with 19.7 percent (approximately 171,981 tonnes) coming from maritime transport, 73 percent from road transport, and the remaining amount from port/local services.

The Venice project is being financed by the European Union under the GAINN4MOS initiative, which was set up to improve the Motorways of the Sea network in six member states (Croatia, France, Italy, Portugal, Slovenia and Spain) by carrying out engineering studies on ship retrofitting and/or construction, port LNG infrastructure, bunkering stations and pilot projects.

GAINN4MOS aims to pilot an LNG ro-pax ship in Italy, and LNG bunkering stations at the ports of Venice, Civitavecchia, Fos-Marseille, La Spezia and Nantes-St Nazaire.

Construction of Venice's LNG terminal could be financed by the EU's Connecting Europe Facility (CEF) and the European Investment Bank (EIB).


Oilmar office in Dubai. Oilmar welcomes summer intern to Dubai branch  

Arpit Aryan will rotate across the bunker fuel trading, finance and operations departments.

Aerial view of the Dubai skyline. Oilmar takes on trading and finance intern in Dubai  

New intern to rotate across trading, operations and finance teams.

Seaspan and Maersk signing. Seaspan and Maersk deepen fleet efficiency collaboration with $75m upgrade programme  

Retrofit package for four 13,000-teu vessels includes installation of shaft generator to reduce auxiliary engine fuel consumption.

European Parliament building in Brussels. EU Parliament vote on soy biofuels could expose bloc to $5.6bn a year in trade sanctions  

MEPs reject regulation that would have phased out soy biofuels, risking WTO retaliation penalties.

Peninsula and Itochu logo. Peninsula and Itochu form joint venture to develop ammonia bunkering in Europe  

The two companies will initially focus on major European and Mediterranean port hubs.

Khushi Vakil, Flex Commodities. Flex Commodities appoints compliance analyst with Morgan Stanley background  

Dubai-based bunker trader hires onboarding specialist to bolster compliance team.

Lyla Pathfinder naming ceremony. NYK names eighth dual-fuel LPG carrier at Kawasaki Heavy Industries yard  

Lyla Pathfinder is capable of operating on both heavy fuel oil and LPG.

Verde Marine Energy and Eleven Energy logo. Verde Marine Energy and Eleven Energy formalise strategic collaboration  

Alliance combines physical supply capabilities with an expanding international trading business.

Laura DiBella, FMC. US Federal Maritime Commission chair to keynote IBIA Convention 2026 in New York  

Laura DiBella to address marine fuel industry leaders on regulation and market direction.

VPS logo. Longer drains, lower cost: The role of oil analysis of synthetic engine oils | Joe Star, VPS  

VPS recommends robust oil analysis programme for the safe extension of drain intervals.


↑  Back to Top