Thursday, January 8, 2015

TOTE Signs LNG Supply Agreement

By Mark Edward Nero

TOTE Inc. has signed a long-term agreement with fuel companies Pivotal LNG and WesPac Midstream LLC to supply liquefied natural gas to fuel TOTE’s two new state-of-the-art containerships.

Pivotal LNG and WesPac are constructing a new natural gas liquefaction facility in Jacksonville, Florida. The new Jacksonville LNG facility is expected to be operational in mid-2016 and, according to TOTE, provides the capability to add additional natural gas liquefaction and LNG storage capacity in the future in order to supply other customers in Jacksonville and regional markets.

TOTE’s new dual-fuel ‘Marlin-class’ containerships, the first in the world, are expected to be delivered to Jacksonville in late 2015 and early 2016, and are to operate between Jacksonville and Puerto Rico.

Operating these new LNG-powered containerships will result in significant emissions reductions, making them among the most environmentally friendly ships in the world. Both vessels, powered by dual-fuel LNG engines, greatly surpass the requirements of the U.S. Environmental Protection Agency’s clean air regulations.

“Together with our partners Pivotal LNG and TOTE, we’ve effectively established LNG as the fuel of the future for marine vessels in the U.S.,” WesPac President Dave Smith said. “We look forward to the completion of the project and expanding the facility going forward as more markets transition to clean LNG fuel.”