Titan LNG has been granted €11.000.000 funding from the EU’s Connecting Europe Facility (CEF); the EU’s grant scheme supporting transport infrastructure, connectivity and the switch to greener fuels for mobility.
The company’s Bio2Bunker breakthrough project develops and expands a bio-LNG bunkering supply chain by introducing three bunker barges in Zeebrugge, Rotterdam, and Lübeck. The bunker barges in Belgium and Germany will be similar to Titan’s two existing FlexFuelers with demonstrated operational advantages. For the Amsterdam-Rotterdam-Antwerp region, they will construct a mothership, the “Titan Hyperion” that will resupply the FlexFuelers.
“Our customers in the shipping sector are facing a choice for the future: run on MGO, HFO with scrubbers, or go for bio-LNG, the only proven alternative fuel that is scalable right now. Titan LNG believes that LNG-fueled ships are future proof. LNG combined with bio-LNG and later synthetic liquefied gas, made by combining green hydrogen and CO2, offer a credible and cost competitive path to decarbonization whilst immediately improving local air quality,” said the company.
“We are thankful that the EU shares our vision and offers this support for overcoming the barriers to scaling up bio-LNG as a fuel. We would like to thank our partners and customers that supported our application,” they added. “We look forward to expanding our LNG supply points on land and sea in the future!”
Source: Titan LNG
