Cryopeak, Japan's Sumitomo Sign LNG Bunker MoU
Cryopeak LNG Solutions and Sumitomo Corporation have a signed memorandum of understanding to jointly develop an LNG bunker-fuels supply chain in North America’s Pacific Northwest ports, such as Vancouver, Fraser River Port, Roberts Bank and Prince Rupert, Canada, Cryopeak said on September 21.
Under this MoU, Sumitomo will offer Cryopeak’s end-to-end LNG fuelling solutions to existing and potential customers in ports on the west coast of North America.
Richmond BC-based Cryopeak said it is developing a proprietary design for a 4,000 m3 LNG bunkering barge to be used in an articulated tug and barge configuration (ATB), with plans to be in operation in 2023. The ATB will provide ship-to-ship transfers of LNG to vessels that use LNG as a fuel source and ship- to-shore transfers to small-scale marine distribution infrastructure in the North American Pacific Northwest.
Cryopeak has a partnership with Island Tug & Barge to develop the LNG bunkering ATB and jointly provide LNG bunkering solutions to the shipping industry.