This is a legacy page. Please click here to view the latest version.
Tue 15 Nov 2022, 11:52 GMT

CNOOC joins LNG bunker supply partnership


Network covering North-West Europe and Singapore is strengthened with the addition of Chinese ports.


Gasum's deliver vessel, Kairos, supplies LNG to Ponant's polar exploration ship, Le Commandant Charcot.
Image credit: Gasum

Gasum, Pavilion Energy and CNOOC Gas and Power Group have signed a strategic collaboration agreement to fortify an LNG bunker supply network for customers in Singapore, North-West Europe and the coast of China.

How it will work: The three companies will leverage one another's local expertise, logistics capabilities and LNG bunkering experience in a move aimed at providing efficiency and operational flexibility in LNG-ready ports covering the Baltic and North Sea ECA; key Chinese ports such as Shenzhen, Guangzhou and Ningbo; as well as Singapore.

Background: The agreement is an extension of Gasum's partnership with Pavilion Energy, signed in October 2020, to jointly develop an LNG bunker supply network in Singapore and northern Europe, including the ARA ports of Amsterdam, Rotterdam and Antwerp.

  • The aim of the 2020 partnership was to combine Pavilion's LNG bunkering expertise in Southeast Asia with Gasum's experience as an LNG bunker solutions provider in Northwest Europe.
  • The incorporation of CNOOC Gas and Power Group — a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC) — is set to strengthen the alliance and boost its geographical coverage with the addition of Chinese ports.

What they said: Mika Wiljanen, CEO of Gasum, commented: "We are very happy about this partnership with Pavilion Energy and CNOOC, not only because it expands our geographical reach and broadens our offering, but this agreement is also an excellent example of the kind of global collaboration that is needed to achieve a carbon-neutral future – no company can do this alone.

  • "The purpose of Gasum is to help our customers and partners transition towards cleaner energy and we see LNG as a very important stepping stone in decarbonizing the maritime industry," Wiljanen added.

Deal   Gasum   LNG  

KUSPC grand opening. ABS grants AiP for LNG bunkering barge design  

Samsung Heavy Industries and Conrad Shipyard receive AiP for basic design under joint development.

Waalvliet vessel. ABB and Econowind combine wind propulsion with digital routing to cut ship emissions  

The partnership integrates wind-assisted propulsion with weather routing to reduce fuel consumption.

Peninsula logo. Peninsula seeks junior cargo trader for Dubai role  

Position centres on the procurement of marine fuels, blending components and associated products.

Island Oil Summer Students Programme. Island Oil opens operations to students in summer internship programme  

Cyprus-based firm gives students hands-on experience across its bunker business.

Launching ceremony of a 20,000-cbm LNG bunkering vessel with hull no. S1129. New 20,000-cbm LNG bunkering vessel for Somtrans Group launched at Chinese yard  

Exmar’s newbuilding supervision team oversaw the launch at CIMC Group’s shipyard in Qidong, China.

BP logo. BP seeks bunker trader for Singapore marine sales role  

Selected candidate will be responsible for key accounts, day-to-day marketing and marine trading,

Yangtze Canal widening project signing. Van Oord consortium completes first phase of Rotterdam’s Yangtze Canal widening  

The project will enable two-way traffic for container vessels of up to 24,000 TEU.

Orca Fisher vessel. James Fisher’s first LNG-capable chemical tanker named at London ceremony  

The Orca Fisher is the first of four dual-fuel FKAB T68 vessels built in China.

World Kinect Corporation logo. World Kinect marine segment posts record quarterly gross profit amid bunker price volatility  

Marine division delivers its best-ever quarterly result as the conflict in the Middle East drives bunker price swings.

Explora III vessel. Explora Journeys takes delivery of first LNG-powered ship in its fleet  

Explora III, delivered by Fincantieri in Genoa, marks the brand’s first LNG-fuelled vessel.


↑  Back to Top