This is a legacy page. Please click here to view the latest version.
Wed 5 May 2021, 10:57 GMT

GAC in Tacoma tie-up with Puget LNG


Cooperation to supply LNG from Tacoma terminal to GAC's customers in the Pacific Northwest.


Puget Sound Energy's LNG terminal in the Port of Tacoma.
Image credit: GAC Bunker Fuels
GAC Bunker Fuels and Puget LNG have signed a memorandum of understanding (MoU) to cooperate in the supply and sale of LNG marine fuel from Puget LNG's terminal in Tacoma, Washington, to GAC's customers in the Pacific Northwest.

Puget LNG's sister company, Puget Sound Energy (PSE), is constructing an LNG facility at the Port of Tacoma which is due to begin operating in the second quarter of 2021 and become the first such terminal on North America's west coast to provide direct shoreside loading access for a bunker barge.

GAC Bunker Fuels, a division of GAC Group, says it will issue a request for proposal (RFP) for a Jones Act-compliant LNG bunker barge to be constructed, owned, and operated by a third party. It is expected to be operational in 2023.

Loading from Puget LNG's terminal in Tacoma, the barge would be able to bunker vessels in port and have the flexibility in size and design to serve multiple shipping customers. Also, credit terms would be extended to companies that purchase fuel on both a contract and spot basis, GAC notes.

The latest development follows the historic first LNG bunkering of a foreign ship in the United States, in September 2020, when the Fure Ven - a dual-fuel vessel owned and operated by Swedish firm Furetank - was bunkered in Jacksonville by physical supplier Eagle LNG Partners, with GAC broking the LNG fuel and providing ship agency services to the vessel.

Towards the end of last year, GAC also entered into a heads of agreement (HOA) with Houston-based Pilot LNG for LNG fuel to be delivered ex-ship for its clients in the ports of Houston, Texas City, Galveston and Galveston Offshore Lightering Area (GOLA), on a long-term basis.

Commenting on the Tacoma agreement, Nicholas Browne, GAC Bunker Fuels' Global Director, remarked: "This exciting foray into the Pacific Northwest with Puget LNG is the latest expansion of our footprint in the U.S., adding to GAC's growing LNG fuel portfolio."

Browne added: "We have less than ten years to meet the greenhouse gas reduction targets set by the International Maritime Organization for 2030. Right now, LNG is the alternative fuel with the greatest potential and biggest following. GAC Bunker Fuels can help our customers and suppliers meet these targets by providing them with cleaner, cost-effective marine fuels like LNG. This dovetails with our own sustainability strategy, which we are pursuing with fervour and commitment."

GAC Bunker Fuels claims to be the world's only bunkering company with an integrated ISO 9001, 14001, and 45001 certification for bunker procurement that also covers LNG as a marine fuel.


Uni-Fuels Logo. Uni-Fuels advertises for senior bunker trader in Dubai  

Nasdaq-listed firm recruiting for its trading team as it aims to drive growth.

Mineral Europa vessel. Green ammonia bunkered to ammonia-powered bulk carrier in Australian first  

Pilbara Ports, Fortescue and CMB.Tech complete a ship-to-ship ammonia transfer at Port Hedland, supporting plans for a clean fuel bunkering hub in the region.

Sea Change II vessel render. US Coast Guard agrees design framework for hydrogen-fuelled New York ferry  

Switch Maritime and Incat Crowther reach regulatory agreement for a 150-passenger hydrogen fuel cell-electric fast ferry intended for New York's waterways.

Auto Advance vessel. UECC fits WE Tech hybrid power systems on newbuild ro-ro vessels  

Norwegian short-sea operator says battery and shaft generator technology from WE Tech Solutions has cut fuel use and auxiliary engine reliance on three newbuilds.

Terra Clove vessel. Envision's green ammonia used to bunker world's first VLAC  

Chinese energy group supplies vessel owned by Eastern Pacific Shipping as it links production and marine fuel supply chains.

Asia Energy vessel. Wärtsilä converts LNG carrier engines to cut methane slip for Chevron  

Three Chevron-operated LNG carriers have each had one engine converted from dual-fuel to spark gas operation to reduce methane emissions.

Tokyo skyline. Cosulich Marine Energy opens Tokyo office to deepen Japanese market ties  

Fratelli Cosulich's bunker trading arm expands into Japan, building on its 2025 South Korea entry.

TotalEnergies sign outside an office building. TotalEnergies secures five-year LNG supply deal with ADNOC Gas  

Agreement will see ADNOC Gas deliver up to 1.6 million tonnes of LNG to TotalEnergies, with first deliveries expected this year.

Shell flag. Shell seeks senior fuel oil trader to expand Singapore paper trading desk  

Shell is hiring a senior fuel oil trader in Singapore to build proprietary HSFO strategies and expand bunker market relationships.

Frisian Sea vessel. Econowind seeks area sales manager to expand wind-propulsion reach  

Dutch wind-assisted propulsion specialist is recruiting an area sales manager to grow its market presence across a designated geographic region.


↑  Back to Top