Titan LNG secures EU funding for bio-LNG project

Titan LNG, a Dutch supplier of LNG to the marine and industrial markets, has secured funding EUR11m ($12.6m) funding from the European Union’s Connecting Europe Facility (CEF) for its bio-LNG project.

The company is working to develop and expand a Bio-LNG bunkering supply chain through its Bio2Bunker project, which includes the deployment of three bunker barges in Zeebrugge, Rotterdam, and Lübeck, and it will also construct a mothership, the Titan Hyperion, to resupply its bunker barges for the Amsterdam-Rotterdam-Antwerp region.

Titan LNG believes that LNG-fueled ships are future proof, and the EU funding will provide support for overcoming the barriers to scaling up LNG as a fuel.

“Our customers in the shipping sector are facing a choice for the future: run on MGO, HFO with scrubbers, or go for (bio)LNG, the only proven alternative fuel that is scalable right now,” the company said.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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