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Largest LNG Vessel Ready To Set Sail
The largest LNG gas supply vessel (GSV) in the world has had its naming ceremony in Hamburg, Germany, and is preparing to set sail.
MV Kairos, which is owned by Babcock Schulte Energy (BSE), has been chartered by Nauticor. The company plans to use the vessel to deliver the fuel within the Baltic Sea and North Sea.
The Kairos is equipped with a scalable cargo handling and fuelling solution, which allows it to carry out both ship-to-ship bunkering and transhipment operations, LNG World Shipping reported.
According to the news provider, the vessel “eliminates the release of boil-off and flash gas to the atmosphere during normal operations”, as a result it offers an “environmentally responsible shipping alternative”.
Mahinde Abeynaike, chief executive of Nauticor, said that “people and nature in northwest Europe will benefit from a substantial reduction of emissions at sea and in port”.
Speaking to LNG Industry about the MV Kairos, CEO of Babcock International Group Archie Bethel explained that the launch of the vessel is a “milestone” for the company’s joint venture with Bernhard Schulte.
“We combine technology and deep engineering expertise to create value for our customers in a sustainable way and, through this, we are forging a new approach for LNG bunkering,” Mr Bethel stated.
The global market for LNG bunkering is expected to grow significantly in the coming years, according to a recent report by Global Market Insights. The organisation expects the market to exceed $12 billion by 2024, driven in part by the new, stricter emissions regulations introduced in North America and Europe.
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