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May 31, 2022

Avenir LNG takes delivery of dual-purpose vessel from Nantong

Avenir Achievement will initially work for New Fortress Energy as part of a six-month TCP agreement.

Nantong CIMC Sinopacific Offshore & Engineering has delivered a second liquefied natural gas (LNG) supply and bunkering vessel (LBV) to Avenir LNG.

The 20,000m³ dual-purpose vessel, dubbed Avenir Achievement, is the sixth vessel in the Avenir fleet.

Claimed to be the world’s largest LNG bunker supply vessel, Avenir Achievement features boil-off gas (BOG) reliquefication and simultaneous operations (SIMOPs) capabilities.

Initially, the vessel will work for New Fortress Energy as part of a six-month time charter party (TCP) agreement.

The vessel will thereafter work for Shell NA LNG under a three-year TCP deal, which is slated to begin in the first quarter of next year.

Avenir LNG CEO Peter Mackey said: “This is yet another important milestone for Avenir as we successfully conclude our initial asset development programme, having brought six newbuild vessels and our small-scale terminal in Sardinia into service over the past 18 months.

“We continue to see enormous growth potential in the small-scale LNG segment and we expect to announce our phase-2 growth programme in the second half of 2022, bringing additional small-scale LNG terminals and vessels into the market.

“Our global presence has expanded rapidly with Avenir assets / partnerships now operating in China, Malaysia, the Mediterranean, Baltic sea and Caribbean.”

Last March, Keppel Offshore & Marine delivered a 7,500m³ dual-purpose LNG LBV, called Avenir Accolade, to Avenir LNG.

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