Avenir launches world’s largest LNG bunkering vessel

Avenir Allegiance [Image: Avenir LNG]

London-headquartered Avenir LNG Limited (NOTC:AVENIR) reports that the 20,000 cu.m Avenir Allegiance, the world’s largest dual-purpose, LNG supply and bunkering vessel, has been launched at China’s Zhoushan Changhong International Shipyard Co. Ltd.

Due for delivery from CIMC SOE in the third quarter of this year, the 116 meters long x 19 meters beam ship will be the first 20,000 cu. m vessel to join the Avenir LNG fleet and the world’s largest LNG bunkering vessel.

Allegiance will be Cayman Island flagged and the fourth of six newbuilds delivered to Avenir LNG, in which Stolt-Nielsen Limited, Golar LNG Ltd and Höegh LNG Holdings Ltd. are majority shareholders.

Avenir’s first newbuild delivery (the Avenir Advantage) took place in October 2020 and will be followed by the Avenir Accolade, Aspiration, Allegiance, Ascension and Achievement this year.

“As the largest LNG bunkering vessel in the world, the Avenir Allegiance is a clear demonstration of our commitment to developing new LNG supply chains globally,” said Avenir LNG CEO Peter Mackey. “She will play a critical role in helping the shipping industry to transition to LNG as a more environmentally sustainable fuel. The Allegiance will operate as both an LNG bunkering vessel and an LNG supply vessel. This highly flexible vessel underscores our strategy of simultaneously unlocking multiple new LNG markets with multi-functional assets. We can deliver LNG to a broad range of customers from a single vessel, improving efficiency in the LNG supply chain and ultimately reducing costs to our end-customers.”