CGR Arctic Marine has ordered an LNG bunkering vessel for possible deployment in southeast Asia and South America, according to company officials.
CGR has entered into an agreement with China's Wuzhou Shipbuilding and Shanghai Merchant Ship Design & Research Institute (SDARI) to build the 6,000-cbm ship. They announced the partnership Wednesday at the Marintec Shanghai conference.
The ship will partially run off battery power and feature an IMO type C bunker-holding tank with spray foam insulation.
"The vessel will be constructed on speculation but CGR is in detailed discussion with several potential end-users In southeast Asia and South America," LNT Marine technology development manager Andreas Norberg told TradeWinds.
He would not disclose financial details of the newbuild project.
CGR owns the newbuild project and intellectual property rights to vessel design and expects to own and operate the ship after construction in a partnership.
Norway-based CGR is co-owned by Saga LNG Shipping owner David Wu and CGR founder Bard Norberg. Wu is also chairman of LNT Marine, a technology provider for the LNG sector.
“We strongly believe that our LMB 6 design will set new standards in flexibility, environmentally friendly-, cost and energy-efficient LNG bunkering operations in the future", Bard Norberg said in a statement.
Ship construction is set to start 29 June and is scheduled to take 18 months, Andreas Norberg said.
