Bunker One, part of the Danish Østergaard family-controlled Bunker Holding Group, is set to launch LNG bunker supply in northwestern Europe as of January 2025.
Bunker One is expanding its current fuels portfolio by adding physical LNG and mass balanced LBM (Liquefied Biomethane) to its existing activities supplying alternative fuels, and expects to be ready to commence first physical LNG deliveries in January 2025.
The company mentions that the newly established entity Bunker One LNG BV will manage the physical LNG fuel portfolio, including last-mile delivery, and will be headed by managing director, Michael Behmerburg.
Peter Zachariassen, CEO of Bunker One, said that “We are extremely pleased to be welcoming Michael Behmerburg to steer our Bunker One LNG entity. Michael brings a wealth of experience, that is important for us to navigate properly in the upcoming transition.”
Bunker One LNG BV has for the LNG bunkering supply chartered the 10,000 cbm LNG bunker vessel “Coral Fraseri”, and the company is currently in the process of securing bunker permits which will cover key ports in Northwest Europe.
Michael Behmerburg pointed out: “We are working hand in hand with the vessel’s owner Anthony Veder to bring the vessel into operation. The vessel will undergo a regular class renewal at the end of 2024, during which several modifications will be carried out to enhance her capabilities as an LNG bunker vessel.”
“We are very excited about this move to include physical supply of LNG and LBM as part of Bunker Holding’s fuel offering, which builds on our successful activities supplying LNG through third parties. Fossil LNG can offer up to 23% in greenhouse gas (GHG) reductions compared to conventional fuels and accompanies shipping’s transition to a multi-fuel future. Hence, we regard LNG as a stepping stone to bio-LNG and e-LNG, which will help the industry achieve the mid-century decarbonisation targets set by the IMO,” said Valerie Ahrens, senior director of new fuels and carbon markets at Bunker Holding.
