Seaspan signed a Memorandum of Understanding (MoU) with global energy firm AES during the third International LNG Global Forum in Cartagena, Colombia.
This collaboration is primarily aimed at providing LNG bunkering services to shipping vessels crossing the Panama Canal, as well as exploring options for providing services in regional markets within the area of influence of AES’s Costa Norte LNG terminal in Colón, Panama.
According to a statement, AES is currently developing a project to expand the aforementioned terminal, which includes a new LNG refuelling infrastructure in methane tankers (Ship Loading Facility), which, together with the arrival of a small-scale methane tanker to Panama provided by Seaspan ULC, destined for final LNG deliveries, will allow the commercialization of LNG as marine fuel beginning in the second half of 2024, and eventually the delivery of this type of hydrocarbon, more environmentally friendly.
The Ship Loading Facility is set to open in November as part of the services provided by the Costa Norte LNG terminal in the Panamanian province of Colon. This infrastructure has the potential to transform the regional energy economy by allowing the terminal to offer services for the LNG industry.
“Seaspan is proud to collaborate with AES to provide LNG bunkering in the Panama region and lead the way in providing energy transformation opportunities in the global marine sector. Together we will provide low-carbon solutions for ship owners who want to decarbonize their operations and transition to cleaner marine fuels,” stated Ian McIver, president of Seaspan Energy.
Additionally, temporary storage and reloading are available. With the capacity of the Costa Norte storage tank (1,800 m²), various market operators will be able to temporarily store their LNG and withdraw it on demand.
“We are on the doorstep of a new era in sustainable energy. The collaboration with our shipowner partner and the innovations at our Costa Norte Terminal position us as leaders in driving sustainable, efficient and affordable solutions to meet the growing demands of the market,” said Miguel Bolinaga, president of AES in Panama.
Moreover, the Costa Norte terminal will deliver stored LNG to be used for LNG supply, as marine fuel for the growing fleet transiting the Panama Canal, and for emerging markets in neighbouring countries, using a model that replicates the operation of the world’s main terminals.
