Bomin Linde LNG inks LOI with Furetank Rederi

Bomin Linde LNG agreement with Furetank follows announcement earlier this month that it had signed a time charter agreement for 7,500 cu.m LNG bunker vessel with Bernhard Schulte Bomin Linde LNG agreement with Furetank follows announcement earlier this month that it had signed a time charter agreement for 7,500 cu.m LNG bunker vessel with Bernhard Schulte

OCTOBER 25, 2016 — Hamburg, Germany, based Bomin Linde LNG has signed a letter of intent with Swedish shipping company Furetank Rederi on long-term cooperationon the supply of Liquefied Natural Gas (LNG) in the Baltic Sea region.

Last year Furetank Rederi began retrofitting its tanker Fure West for dual fuel operation. It will also own two of the four 163,000 dwt LNG fueled tankers ordered by Gothenburg, Sweden, headquartered Gothia Tanker alliance from Chinese shipyard AVIC Dingheng Shipbuilding for delivery during 2018/2019. All four will be commercially managed by Furetank Chartering.

According to the LOI, Bomin Linde LNG will supply the Furetank Rederi vessels ship-to-ship with a new LNG bunker supply vessel, both in ports and potentially offshore using DP2 equipment. The commissioning of this Klaipeda, Lithuania, based supply vessel, the largest of its kind to date, is also scheduled for late 2018.

Sonja Nesshoever, Director LNG Portfolio, Bomin Linde LNG said, "We are looking forward to develop a safe and flexible LNG supply chain in cooperation with a frontrunner like Furetank Rederi. As an important step forward to reduce costs for our clients and to optimise shipping routes we will also jointly explore the possibility of introducing LNG in Lightering Areas of the Baltic Sea."

Lightering Areas are designated zones which allow for offshore bunkering outside port boundaries.

"I am glad to have found a strong and reliable partner with Bomin Linde LNG being able to offer access to a unique LNG supply network in the Baltic Sea", adds Lars Höglund, Managing Director of Furetank Rederi.

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