Portland Port has secured a licence to conduct ship-to-ship (STS) LNG transfer operations. This licence opens a new line of business on the English Channel while positioning Portland as a new service provider on one of Europe's busiest trading corridors. The approval allows LNG STS transfers to be carried out alongside berths or at anchor in both the inner and outer harbour.
According to the port, the new capability will help reduce transit times, streamline operations, and make use of its existing marine infrastructure. The first licence has been issued to STS Marine Solutions, an international LNG and oil STS provider recognised for its experience in Australia, Malta, and the UAE. The company aims to expand the UK's LNG transfer capacity starting from Portland.
Ship-to-ship LNG transfer is an important service, particularly in small-scale LNG distribution and bunkering. Europe's winter energy demand and LNG's rising use as bunker fuel are expanding the STS services market. Portland Port has strengthened its transformation strategy by transitioning from its coal-import port history to clean energy transport such as LNG.
Key Takeaways:
1. Portland Port has secured a licence to conduct ship-to-ship LNG transfer operations.
2. The licence allows LNG STS transfers alongside berths or at anchor in inner and outer harbours.
3. The first licence has been issued to international provider STS Marine Solutions.
4. The new capability will reduce transit times and leverage existing marine infrastructure.
5. Portland Port is transitioning from its coal-import history to clean energy transport such as LNG.
