Avenir takes delivery of first LBV

Following her maiden voyage, Avenir Advantage will commence a three-year charter to Petronas LNG Sdn Bhd in Malaysia, becoming the first dedicated LBV in South East Asia. She will supply LNG to fuel ships operating in the region and deliver LNG directly to Petronas small-scale customers.

“With the delivery of the Avenir Advantage, we move one step closer to delivering our shareholders’ vision of creating a small-scale LNG supply and marketing portfolio,” said Milorad Doljanin, Avenir LNG’s chief executive.

“The flexible design of our vessels allows us to support the development of the LNG bunker fuel market whilst adding to the global small-scale supply fleet; thereby supporting our strategic objective of supplying natural gas to otherwise inaccessible areas,” he added.

Avenir LNG is currently building a fleet of six LBVs of 7,500cbm and 20,000cbm capacity and the HIGAS LNG import facility (10,800cbm) in Sardinia, Italy. Avenir Advantage is the first of two ships ordered from Keppel Nantong Shipyard. Each vessel has a cargo capacity of 7,500cbm across two Type C tanks.