As part of a new agreement, Cryopeak LNG Solutions and Sumitomo Corporation will jointly develop an LNG bunker-fuels supply chain in North America’s Pacific Norwest ports.
The two companies have signed an MoU which will see a focus on developments in areas such as Vancouver, Fraser River Port, Roberts Bank and Prince Rupet, Canada.
Announced yesterday, the agreement aligns with the parties’ initiative to build an industrial platform for procuring and supplying environmentally friendly and low-cost LNG as a marine fuel globally.
Calum McClure, CEO of Cryopeak, said, “Cryopeak is excited to collaborate with Sumitomo Corporation to further LNG bunkering activity in North America. Both companies ae driven by desire to make purposeful and significant contributions to environmental improvement and sustainability.”
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