Norway’s Kanfer Shipping has signed a letter of intent with China’s Taizhou Wuzhou Shipbuilding Industry Co. for the construction of its first two small-scale LNG bunker vessels, Kanfer said on January 27.  

The vessels, with 6,000 m³ tank capacity each, are scheduled for delivery in the first half of 2023, with the option to build additional vessels. Kanfer will own the vessels together with its partners and charter them out on long-term contracts. 

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“Kanfer sees a rapidly expanding market for LNG bunker vessels as the world maritime industry continues to pivot towards its decarbonisation goals through LNG,” said Kanfer CEO Stig Hagen. “The growing demand for new LNG bunkering vessels makes our decision well-timed.” 

Kanfer develops small-scale LNG sea transport and bunkering vessels, maritime LNG break-bulk and storage solutions. It is part-owned by Singapore-based AG&P.