Saturday, February 22, 2025
25.1 C
Lagos

Bonny Gas Transport Charters Prototype Eco-Friendly Newbuild Vessel, AKTORAS

Mrs. Olu Verheijen, the Special Adviser to the President on Energy and vessel’s Sponsor Lady and Godmother, christens AKTORAS, an eco-friendly vessel chartered by Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), in Mokpo, South Korea.

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio.

BGT was founded in 1989 to provide shipping capacity to NLNG’s operations and has been instrumental in solidifying NLNG’s reputation as a major LNG supplier on the global stage. The newly chartered vessel, AKTORAS, owned by Capital Gas Limited, symbolises a pivotal addition to BGT’s fleet, leased under a Bareboat Charter arrangement.

The vessel is equipped with MEGA propulsion systems that reduce emissions and increase efficiency. It is a 174,000 m3 capacity class LNG carrier, with a length of 299.6 metres, breadth (moulded) of 46.40 metres and deadweight of 81,194 tons.

At a ceremonial ship naming event at the Hyundai Samho Heavy Industries shipyard in Mokpo, South Korea, Mrs. Olu Verheijen, Special Adviser to Nigerian President on Energy, christened the vessel as the Sponsor Lady and Godmother, signalling the formal launch of the vessel that will carry LNG from NLNG’s Bonny Terminal to customers around the world.

The event was graced by Ambassador Ferdinard Nwonye, the Nigerian Head of Mission at the Nigeria Embassy in South Korea; Dr Philip Mshelbila, BGT’s Executive Vice President and NLNG’s Managing Director and Chief Executive Officer; Mr. Olakunle Osobu, NLNG’s Deputy Managing Director; and Mr. Abdulkadir Ahmed, Managing Director and Chief Executive Officer of NLNG Shipping and Marine Services Limited (NSML).

Others at the event were Mr. Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development; Mr. Ufuoma Otomewo, NLNG’s General Manager, Commercial; Jerry Kalogiratos, Chief Executive Officer of Capital Gas, among others.

In his commemorative remark, Dr Mshelbila, hailed the charter of AKTORAS as a transformative stride towards decarbonisation and a sustainable future.

“The charter of a newbuild modern tonnage to BGT, on a Bareboat Charter basis, represents a strategic move towards diversifying our shipping portfolio. This vessel signifies a new era of greater efficiency and sustainability for BGT’s fleet. The enhanced fleet capacity will support NLNG as it continues to harness Nigeria’s abundant natural gas resources, reposition itself in the Energy Transition era and prepare for the future, which includes the expansion of its production capacity in furtherance of the commitment to meet the growing demand for clean and sustainable energy solutions on a global scale,” he stated.

Mrs. Olu Verheijen stressed that the vessel would carry the spirit of Nigeria across the vast oceans and into the hearts of nations worldwide.

“This ceremony symbolises the unwavering commitment of Bonny Gas Transport Limited and its parent company, Nigeria LNG Limited, to adapt and thrive in the ever-evolving global energy landscape. Their dedication to future-proofing their business resonates deeply with me, recognising it as a crucial strategy to maintain relevance and competitiveness in the dynamic LNG market.

“In the spirit of progress and renewal, this newly constructed vessel replaces ageing steamships, breathing new life into the fleet and bolstering BGT and NLNG’s capacity to meet the growing demands of the LNG market. This signifies a corporate milestone and a testament to Nigeria’s ambition to assert itself as a leading economic force in Africa and beyond. We are amidst a transformative journey, leveraging our resources to build a resilient economy that fosters development and prosperity. We assure our partners, including those present here, that we mean business,” she added.

In a pre-vessel naming dinner, the Chargé D’ Affaires of the Nigerian Embassy in South Korea, Ambassador Ferdinand Nwonye, urged the Hyundai Heavy Industries in South Korea to invest in a shipyard in Nigeria.

“Nigeria offers the biggest market in Africa and there is no shortage of quality manpower in Nigeria. Establishing a Shipyard in Nigeria will give you easy access to the markets of both West and East African countries. It will be a win-win cooperation for all of us,” he added.

AKTORAS will be managed by NLNG Shipping and Marine Services Limited (NSML).

The occasion signifies BGT’s and NLNG’s relentless march towards a sustainable and low carbon emission future.

spot_img
spot_img
spot_img

Hot this week

LASAA Addresses Community Concerns over Billboard Safety at Abati Barrack

The Lagos State Signage and Advertisement Agency (LASAA) is...

AIICO Celebrates Outstanding Agency Field Force at 2025 Annual Awards Night

Left - Right: Mr. Adewale Kadri (Executive Director, Technical),...

Is the CBN Pushing Nigerians Back into the Banking Halls? 

By Elvis Eromosele  Public institutions in Nigeria have a knack...

Fidelity Bank Enhances Educational Facilities in Benin, Abuja

Fidelity Bank Plc, a leading financial institution, has once...

NCDMB Chief Visits Samsung, Africoat, Insists on Patronage of Local Facilities

The Executive Secretary, Nigerian Content Development and Monitoring Board...

Topics

Insurance Sector Plans 10-year Strategic Plan for Sustainable Growth

The insurance industry in Nigeria says it would soon...

Unity Bank Donates N10m to Fiditi National Open University

From Right: Managing Director/CEO of Unity Bank Plc, Mrs....

Digital Encode Targets Unicorn Status, Showcases Cutting-edge Cybersecurity Solutions @ AfriTECH 4.0

Digital Encode Limited, a leading Cybersecurity and Governance, Risk...

Old Mutual, Axa Mansard, Ecobank, Microsoft for Insurance Tech Confab

Leading thought leaders and C-Suite Executives from corporate organisations...

Equities Market Extends Gains … NSE ASI Up 2.4%

The equities market opened the week positive, extending gains...

CBN: Nigeria’s Food Import Drops by $21bn

The policy of the Federal Government to reduce import...

CIIN Inducts 18 Fellows, 166 Associates to Lead Sector’s Growth

Cross Section of Inductees taking oath of allegiance at...

African Energy Stakeholders Plan Investment Partnerships

The Powering Africa: Summit will return for a fourth...
spot_img

Related Articles

Popular Categories

spot_imgspot_img