CRYO Shipping provides solution for cleaner fuel
Norway-based CRYO Shipping AS has developed a new type of tanker design that will enable ship owners to implement clean and cheap bunkers.
By major conversion of offshore vessels into liquefied natural gas (LNG) tankers the new established company aims to become the world’s first and largest LNG feeder and bunker operator.
"We have developed a new type of tanker design that will be able to supply shipowners with "clean and cheap" LNG bunkers," said a statement from the company.
"We are working with firm conversion project of platform supply vessels into LNG tankers which should be in operation already 1st half 2018," said Nicholai H. Olsen, managing director and partner of CRYO Shipping.
The ships will be able to perform both feeding and ship-to-ship (STS) bunkering operations in all types of waters and ports, CRYO Shipping said, adding that LNG would be used as fuel for their vessels.
In addition, they will install battery technology to supply power during loading, unloading and STS bunkering, which will eliminate local and regional emissions during port stay.
By 2020 the expected numbers of LNG powered ships are about 1,000. As the few small scale LNG tankers that exist today are not designed to meet regularity and supply requirements in a growing LNG market, the use of LNG storage bunkering facilities will result in congested traffic at storage facilities and harbors.