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).


Heinrich Wegener & Sohn Bunkergesellschaft m.b.H. logo. Heinrich Wegener & Sohn joins Global Ethanol Association  

German family-owned bunker firm joins industry body to support ethanol and methanol adoption.

Keel-laying ceremony of vessel with builder's hull no. CHB2048. Second MSC ultra-large LNG dual-fuel boxship enters dry dock at Zhoushan  

Changhong International's Daishan Base receives 19,000-teu container vessel built for MSC.

175,000-cbm LNG carrier vessel render. Deal signed to build four LNG-fuelled gas carriers  

Quartet of 175,000-cbm LNG vessels destined for Shell charter.

Launching ceremony of MSC Leticia X vessel. Changhong International launches LNG container ships and tankers for MSC and Navios  

Chinese shipbuilder launches four vessels in the space of days, spanning LNG container ships and oil tankers.

Norsepower and CHIC signing. Norsepower and Cosco unit sign R&D agreement to advance rotor sail development  

Finnish wind propulsion firm and Chinese manufacturer deepen ties with dedicated research and development pact.

Andrés Galnares and Gorka Hermoso, H2SITE. H2SITE closes Series B round above €42m to scale hydrogen membrane technology  

Fresh capital secured as firm targets large-scale industrial deployment and expansion into Asian markets.

Mitsubishi Heavy Industries (MHI) logo. MHI study points to cost reduction potential in India-to-Singapore green ammonia value chain  

Mitsubishi Heavy Industries analysis finds value chain optimisation could cut green ammonia costs.

YM Wayfinder naming ceremony. Yang Ming names third LNG dual-fuel boxship for Asia–North Europe service  

YM Wayfinder joins two sister vessels already operating on LNG on the FE3 route.

Milind Homkar, Flex Commodities. Flex Commodities appoints Milind Homkar as trade controller  

Dubai-based trader brings in finance and audit specialist to lead trade control function.

Launching ceremony of Kypros Island vessel. Safe Bulkers launches first methanol dual-fuel bulk carrier at Chinese shipyard  

Greek dry bulk operator launches first methanol-powered vessel as part of its fleet renewal programme.


↑  Back to Top