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Friday, October 2, 2020 

Sumitomo has signed a Memorandum of Understanding (MoU) with Cryopeak LNG Solutions, a Canadian portfolio company of BP Energy Partners, to jointly develop an LNG bunker fuels supply chain in North America’s Pacific Northwest ports, such as Vancouver, Fraser River Port, Roberts Bank and Prince Rupert, Canada.

Cryopeak is developing a proprietary design for a 4,000 m3 LNG bunkering barge to be used in an articulated tug and barge (ATB) configuration, planned to begin operation in 2023. The ATB will provide ship-to-ship transfers of LNG to vessels and ship- to-shore transfers to small-scale marine distribution infrastructure in the North American Pacific Northwest. Cryopeak has a partnership with Island Tug & Barge (ITB), a marine bulk fuels transporter based in Burnaby, BC, to develop the LNG bunkering ATB and jointly provide LNG bunkering solutions to the shipping industry.

Under the Agreement, Sea-Lng member company Sumitomo will offer Cryopeak’s end-to-end LNG fuelling solutions to existing and potential customers in ports on the West Coast of North America.

Shu Nakamura, Department GM, Sumitomo, said: “We are very proud that the cooperation between Cryopeak and Sumitomo is paving the way towards the development of LNG as a cleaner marine fuel, especially in Vancouver, one of the most eco-friendly ports in the world. With this agreement, we pursue our ambition to build a comprehensive network of LNG bunkering. It also underscores our commitment to offer our customers the best available and technologically proven solution to significantly reduce the environmental footprint of maritime transport.”

“Cryopeak is excited to collaborate with Sumitomo Corporation to further LNG bunkering activity in North America. Both companies are driven by a desire to make purposeful and significant contributions to environmental improvement and sustainability,” said Calum McClure, CEO Cryopeak. “Offering a safe and efficient LNG bunkering solution is critical to the adoption of LNG as a marine fuel to the shipping industry”


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