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Published: 2018-11-05

Nauticor to supply ESL's newbuilds with LNG

Ports & terminals Nauticor to supply ESL's newbuilds with LNG

Photo: ESL Shipping

The two parties have entered into a long-term agreement covering the supplies of liquefied natural gas (LNG) for the Haaga and Viikki dry bulkers through the Port of Oxelösund.

According to a joint statement, Nauticor's 7,500 m3 of capacity LNG bunkering vessel Kairos, which will come online by end-year, will be pivotal in the development of the supply chain for ESL Shipping’s two vessels ("Kairos" is an ancient Greek word meaning the right, critical, or opportune moment). Furthermore, Nauticor will closely cooperate with its sister company AGA that's operating the Linde Group's LNG terminal in Nynäshamn.

"The new vessels combine innovative hull design, the use of LNG as fuel and other energy saving measures, thereby reduce emissions significantly and make shipping even more sustainable. We are glad that we can offer this environmental-friendly mode of transport to our customers with the supply of LNG in the port of Oxelösund being secured by Nauticor," Mikki Koskinen, Managing Director, ESL Shipping, said.

Mahinde Abeynaike, CEO, Nauticor, also commented, "Building up on the experience that we have gained in the development of LNG supply chains for maritime customers in the North Sea and Baltic Sea, we are very happy to support a frontrunner like ESL. Their initiative to order two LNG-fuelled bulk carriers is another important milestone for making shipping more sustainable in Northwest Europe."

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