Peninsula Petroleum wraps up its first LNG bunkering

Peninsula Petroleum, the global company in marine fuel solutions, completed a record-breaking first LNG bunker supply to its customer H-Line in Malaysian waters.

Peninsula Petroleum, in partnership with Petronas Marine, completed its first LNG bunker supply.

This operation represents the first LNG bunker delivery to HL Green, the world’s largest LNG-powered bulk carrier with 180,000 deadweight tonnage, on its inaugural voyage. At 2,760 cubic meteres, it ranks among the largest LNG bunker deliveries performed to date.

Peninsula’s CEO John A. Bassadone said that this is a landmark achievement for Peninsula, made possible with Petronas Marine, H-Line, and their charterer POSCO.

Nacho De Miguel, who leads Peninsula’s LNG business, added: “Delivery took place safely and was completed within 20 hours, a record time for the quantity supplied, including the cooling down of an LNG tank.”

Peninsula recently announced the implementation of its LNG bunkering, small-scale LNG business and Global Sustainability Initiative. It is working on multiple deals in strategic bunkering locations worldwide.

It is also committed to developing its own LNG bunkering vessels and is currently in discussions with several shipowners and shipyards to materialise its strategic LNG plan.