Cryopeak LNG Solutions Corporation has signed a Memorandum of Understanding with Island Tug & Barge Ltd. (ITB), a marine bulk fuels transporter, to deliver LNG bunkering services in Southwest British Columbia, Canada. Cryopeak and ITB have developed a design for a 4,000 m3 articulated tug and barge (ATB), which is planned to be in operation in 2023.
A key feature of this solution is that it will leverage one of ITB’s tugs designed and built in Vancouver to deliver LNG as a fuel to vessels calling to ports on the West Coast. This project marks an important breakthrough for the development of LNG bunkering in Western Canada by allowing shipping companies to secure a lower cost and a more environmentally sustainable fuel source.
“We are excited to partner with Island Tug & Barge to combine ITB’s marine operations expertise with Cryopeak’s expertise in LNG distribution and project development. We look forward to developing this initiative and supporting the use of LNG as a marine fuel on the West Coast,” said Calum McClure, CEO of Cryopeak. “This initiative supports the Port of Vancouver in joining other leading ports globally in offering LNG bunkering services.”
ABS, leader in LNG as a marine fuel, will class this first LNG bunker barge on North America’s west coast. “We are proud to be able to add this exciting project,” said John McDonald, ABS Senior Vice President, Global Business Development. “No one understands better than ABS the potential for LNG to help shipping meet its sustainability goals. So, it is great to be able to support this project, which will further expand the availability of LNG along the west coast.”