• 2019 November 21 10:43

    DNG Energy to commence LNG bunkering operations from Algoa Bay next year

    DNG Energy, the leading South African LNG infrastructure provider, says it is poised to start LNG bunkering in South Africa’s largest bunkering port, Algoa Bay. In conjunction with its continuing investment into LNG infrastructure by 2020, the development reaffirms the company’s commitment to driving South Africa’s growth as a major global force for LNG bunkering within the commercial shipping industry.
     
    DNG Energy’s continuing development of LNG bunkering facilities at Algoa Bay utilises Africa’s abundance of natural gas reserves to overcome the shortage of infrastructure as a barrier to the adoption of LNG as a fuel. The initiative will improve access to LNG bunkers for commercial vessels on one of the world’s most travelled trading routes, which sees 56,000 vessels transit the region every year. Bunkering operations are expected to commence in Q2, 2020.
     
    Securing of the bunkering licence within Algoa Bay is a significant development for the company. It follows – in 2018 – the commissioning of South African Shipyards to build an 8,000 tonne LNG bunker barge to service the region. Scheduled to come online in 2020, it is the largest vessel by weight ever to be built on the African continent.
     
    As part of DNG Energy’s wider LNG development strategy and five-year initiative launched in 2015, the company is investing more than $5 billion by 2020 in infrastructure programmes across South Africa, Nigeria and Mozambique, funded through a blend of owned and institutional infrastructure capital. Creating thousands of jobs, it will also drive economic growth and sustainability within the regions and the industries it serves.
     
    DNG Energy was founded in 2013 by South African entrepreneur, Aldworth Mbalati. The company’s vision is to achieve energy security and stability with responsible and sustainable energy solutions for Africa. The 100 per cent black-owned African organisation is championing the use of LNG for maritime and road transport as an initial step in contributing to sustainable development, as well as pioneering a pan-African LNG supply network for the global market.
     
    Aldworth Mbalati, Founder and CEO, DNG Energy, commented:
    “The shipping industry faces significant challenges in meeting global sulphur regulations from 2020, as well as ambitious decarbonisation and wider sustainability targets towards 2050. It is increasingly evident that LNG as a marine fuel has an important role to play on this pathway. As a major global maritime hub, the development of LNG bunkering infrastructure in Algoa Bay is therefore a natural step in expanding Africa’s LNG value chain, directly supporting the growth of LNG-fuelled shipping on multiple trade routes and delivering against the industry’s, as well as Africa’s, sustainability goals.”
     
    Africa is an exciting frontier in the global natural gas sector. The African LNG market holds 7.1 per cent of proven global gas reserves and is expected to contribute nearly 10 per cent of global production growth through to 2024. Rovuma Offshore Area 1 Block (Area 1) in Mozambique is the single largest LNG project ever approved in Africa and one of the world’s biggest natural gas fields.
     
    As the continent’s most industrialised country, with heavy coal demand and unreliable power generation, DNG Energy believes gas is the key to helping South Africa meet its increasing energy demands in a responsible way, as well as moving closer towards a decarbonised economy; reducing the country’s energy dependence, and introducing a much better priced and affordable fuel alternative.
     
    Aldworth Mbalati continues:
    “LNG presents further advantages for South Africa as it bolsters its position as a global bunkering hub for international trade. The abundance of natural gas reserves on the African coast enables competitive pricing and reduces supply risks. And from a physical bunkering perspective, as LNG simply vaporises if it escapes, it removes the risk of oil spills during ship-to-ship transfer. LNG also emits zero sulphur oxides (SOx), virtually no harmful particulate matter emissions (PM), and 95 per cent less nitrogen oxides (NOx) than existing oil-based marine fuels, providing a major advantage in terms of improving air quality and human health in ports and coastal areas.”
     
    He concludes:
    “As a region with a sensitive environment, and economies dependent on tourism, the reduction of risks and the protection of our spectacular coastline and its local communities are among our top priorities.
    Given LNG’s impressive environmental credentials and natural abundance in Africa, as well as its growing uptake globally, the business case for expanding LNG bunkering infrastructure continues to hold weight and we are confident in South Africa’s ability to support the global LNG network in powering international ocean-going trade.”

    About Algoa Bay
    DNG Energy’s planned infrastructure development for Algoa Bay comprises a 160,000 cbm floating LNG storage facility, as well as an 8,000 tonne LNG bunker barge commissioned to South African Shipyards. The infrastructure project is expected to come online and commence operations by Q2, 2020.

    About DNG Energy
    DNG Energy is bringing Liquefied Natural Gas (LNG) to South Africa, and in doing so is making a cleaner, cheaper fuel alternative available to the market. A 100 per cent black owned African entity, DNG Energy was founded by South African entrepreneur Aldworth Mbalati, with the vision of achieving energy security and stability with responsible and sustainable energy solutions for Africa. DNG Energy is creating a pan-African LNG supply network, championing the use of LNG for road and maritime transport as a first step in contributing to sustainable development.




2019 December 15

16:41 Coast Guard reopens La Quinta Channel near Ingleside, Texas
15:22 Total moves forward on two deepwater projects in the U.S. Gulf of Mexico
14:05 SAL Heavy Lift becomes world’s first to equip vessels with new hydrogen / methanol injection technology
13:16 Nauticor’s "Kairos" received the first LNG bunker license in the Port of Rostock Hamburg
12:01 USCG begins ice breaking operations in western Great Lakes
11:48 Iridium continues GMDSS readiness with announcement of launch partners
10:41 Farid Salem honored by the Lloyd’s List Lifetime Achievement Award

2019 December 14

15:48 USCG returns majority of New York Waterway ferries to service
14:31 SK Telecom and SHI successfully verified 5G-powered autonomous and remote control navigation test platform using a test ship
13:19 Mitsubishi Corporation participates in FPSO project in Brazil
11:54 SEA\LNG's study underlines LNG as a compelling investment solution for VLCCs on the Arabian Gulf to China trade route
10:46 GTT Training receives the ‘LNG World Shipping Safety Award 2019’
08:55 Draft strategy for development of Russia’s Arctic through 2035 to be presented to Vladimir Putin by year end

2019 December 13

18:17 New ecological equipment enters berths of Multipurpose Reloading Complex in Ust-Luga
17:22 Total's Mozambique LNG Project gets $400 mln loan from African Development Bank
17:03 Port of Los Angeles and Indonesia Port Corporation sign cooperative agreement
16:33 ABB wins contract to power Genting’s next-generation cruise vessels
16:12 ABB completes delivery for the world's most advanced icebreaking LNG carrier fleet
16:03 Windermere Lake Cruises new vessel launched in Damen Technical Cooperation project
15:33 MacGregor deck handling solution supports China’s Xue Long 2 icebreaker operation
15:12 Polarcus awarded 10-month acquisition program offshore Brazil
14:32 Rotterdam Port Fund invests in Fleet Cleaner
14:11 Subsea 7 awarded contract offshore Norway
13:43 Moín Container Terminal reaches 1 million TEUs
13:31 New container terminal opens in northern Italy
13:05 Aker Solutions to provide subsea production system for phase two of Aker BP's Ærfugl
12:30 Jifmar Offshore Services acquires Delta Marine
12:04 SBM Offshore signs FPSO Sepetiba contracts
11:30 Abu Dhabi Ports announces AED 4Bn expansion projects at Khalifa Port on its 7th Anniversary
11:27 Damen signs contract with Cotecmar for DTC hydrographic research vessel
11:12 WMU and EMSA cooperate on capacity building and research
11:03 SAL Heavy Lift becomes world’s first to equip vessels with new hydrogen / methanol injection technology
10:48 Murmansk Sea Fishing Port handled 245,000 tonnes of cargo in 11M’2019, down 20.7% Y-o-Y
10:34 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
10:24 WMU President reports to the IMO Assembly
09:59 Kawasaki Heavy Industries launches the world's first liquefied hydrogen carrier
09:43 MABUX: Bunker market this morning, December 13
09:29 Brent Crude futures price is up 0.65% to $64.62, Light Sweet Crude – up 0.52% to $59.49
09:13 Baltic Dry Index is down to 1,388 points

2019 December 12

18:36 EBRD finances Tekirdag port on Turkey’s Sea of Marmara
18:05 Dutch Drone Delta established with Port of Rotterdam Authority support
17:51 Port of Southampton continues infrastructure investment with £3m crane
17:30 Baltic Workboats shipyard delivers 19 WP Oilrec workboat
17:05 The European Federation of Inland Ports welcomes the Green Deal for Europe
16:46 MOL orders 2 next-generation 'EeneX' coal carriers
16:43 Throughput of port Kaliningrad in Jan-Nov’2019 fell by 21% Y-o-Y to 10.20 million tonnes
16:26 Klaipėda LNG terminal welcomed three large and four small LNG vessels in November
16:05 Air quality sensor in the Port of Rotterdam checks sulphur emissions from shipping
15:57 Throughput of port Vyborg in Jan-Nov’2019 fell by 35% Y-o-Y to 1.12 million tonnes
15:34 Alewijnse wins electrical contracts for two additional Combi Freighters at Damen Yichang Shipyard
15:00 Throughput of port Vysotsk in Jan-Nov'2019 climbed by 6% Y-o-Y to 17.90 million tonnes
14:36 Krasnoye Sormovo shipyard launches dry cargo carrier Pola Anastasia of Project RSD59
14:12 CMA CGM announces FAK Reefer Rates from North Europe to Asia and Middle East
13:53 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
13:31 NLNG signs sales deal with Vitol SA
13:12 Austal USA delivers USNS Puerto Rico to U.S. NAVY
12:49 Throughput of port Primorsk in Jan-Nov’2019 grew by 16% Y-o-Y to 56.25 million tonnes
12:24 Lead nuclear-powered icebreaker of Project 22220, Arktika, left for sea trials
12:00 ABS publishes Fuel Cell Guidance to support industry decarbonization objectives
11:38 Port of Ust-Luga handled 95.31 million tonnes in 11M’18, up 6% Y-o-Y