Titan LNG signs first Bunkering Contract for the FlexFueler LNG bunkering pontoon with AM

Titan LNG signs two year bunkering contract with Amulet Management & Services (AMS), owner of the LNG fuelled vessels Green Rhine and Greenstream
Today – April 21st 2017 –  Titan LNG and Amulet Management & Services (AMS) announced the signing of a two year bunkering supply contract for the LNG fueled vessels MS Green Rhine and MS Greenstream.  This comprises the first bunkering supply contract for the FlexFueler, Titan LNGs LNG bunkering pontoon, operational mid 2018.
The FlexFueler, Titan LNGs bunkering pontoon, will serve as a normal floating bunkering station for inland waterway vessels. For the larger seagoing vessels the pontoon will be pushed to receiving vessels to bunker them while continuing their cargo loading or unloading operations.
Commenting on the supply deal, Igor Jansen, Director at AMS, Zwijndrecht, said: “We are very pleased with the FlexFueler project and think it is the best way to kick start the LNG bunkering market. By running on LNG, we are not only operating economic and future proof vessels, but we are also ensuring that we play our part in reducing greenhouse gas emissions and more importantly reducing local emissions.”
Commenting on the contract, Niels den Nijs, Commercial Director at Titan LNG, mentioned: “Although the LNG bunkering market is already maturing and is moving towards a spot market, some vessel operators choose to contract their supply with experienced parties such as Titan LNG. Due to our indexed pricing structure, customers have a guaranteed, competitive cost base.”
Ton van der Molen, Director at AMS, commented: “We have worked with Titan now for over a year and have selected them as long term supplier based on their strong track record in safety and solid delivery operations.”