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World's biggest LNG buyer JERA to begin LNG bunkering business

World's biggest LNG buyer JERA to begin LNG bunkering business

JERA, the world's largest purchaser of liquefied natural gas announced that through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK, it has launched the LNG bunkering sector in central Japan.

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The goal of the move is to provide the necessary infrastructure for LNG-fueled carriers and to encourage the conversion of ships to LNG fuels to help achieve the International Maritime Organization ( IMO) objective of halving shipping greenhouse gas emissions by 2050 compared to 2008.

Earlier this month, an LNG bunkering vessel supplied the fuel to an under construction LNG-fuelled pure-car and truck carrier owned by Nippon Yusen, marking Japan's first ship-to - ship LNG bunkering.

Japan's number of LNG-powered ships is still small, but JERA expects it to rise in the midst of a global push for decarbonization, a company spokesman said, adding that their bunkering service would be restricted in Japan's central region.

According to DNV GL info, there are 174 LNG-fuelled ships in service globally, with 226 more on order.

JERA is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co Inc. for thermal power generation and fuel.

Maritime Business World 

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