Titan LNG has been granted €11 million funding from the European Union’s Connecting Europe Facility (CEF), the EU's grant scheme supporting transport infrastructure, connectivity and the switch to greener fuels for transport.
Titan’s Bio2Bunker project develops and expands a (Bio)-LNG (BLNG) bunkering supply chain by introducing three bunker barges in Zeebrugge in Belgium, Rotterdam in the Netherlands, and Lübeck in Germany.
The bunker barges in Belgium and Germany will be similar to Titan’s two existing FlexFuelers with demonstrated operational advantages. For the Amsterdam-Rotterdam-Antwerp (ARA) region Titan will construct a mothership, the Titan Hyperion, that will resupply its FlexFuelers.
Titan said that its customers in the shipping sector are ‘facing a choice for the future: run on marine gasoil (MGO), run on high sulphur fuel oil (HFO) with scrubbers, or go for (bio)LNG, the only proven alternative fuel that is scalable right now.’
The company added ‘Titan LNG believes that LNG-fuelled ships are future proof. LNG combined with BLNG and later Synthetic Liquefied Gas (SLG), made by combining green hydrogen and CO2, offer a credible and cost competitive path to decarbonisation whilst immediately improving local air quality.’
Titan LNG is a leading full-service supplier of LNG to the marine and industrial markets. On land, it offers LNG supply across Europe by truck and intermodal transport. In the marine market, it specialises in providing shipping customers with end-to-end LNG solutions. This includes project planning, supply and delivery, as well as risk management and hedging services to mitigate price fluctuations.