Bay Shipbuilding to build second 5,500-cubic-meter LNG barge
The vessel will be a sister to Polaris' Clean Canaveral
(STURGEON BAY, Wis.) – Fincantieri Bay Shipbuilding has agreed to partner with PNE Marine Holdings, an affiliate of Polaris New Energy, to build a second 5,500-cubic-meter liquefied natural gas (LNG) bunker barge. This new barge will be a sister vessel to the LNG bunker barge Clean Canaveral, which will deliver to Polaris in mid-November.
Demand for economical supply of LNG for the maritime sector is growing rapidly. Over the next several years, 400 new vessels utilizing LNG are expected in service. LNG is a leading solution to fuel the maritime sector as the industry advances its sustainability goals through a transition to lower-carbon fuels. The new articulated tug-barge (ATB) will add to Northstar’s growing fleet delivering LNG to cruise ships, container vessels, bulk carriers, car carriers and tankers that are in service or on order today.
The ATB will be fitted with four 1,375-cubic-meter IMO Type C tanks. It will utilize a cargo-handling system designed and developed by Wartsila. Upon completion, the vessel will be 340 feet long overall, 66 feet wide, and 32 feet 10 inches deep. The barge will be ABS Oceans class.
PNE and Polaris are subsidiaries of Northstar Terminals, a portfolio company of funds managed by Oaktree Capital Management L.P.
– Fincantieri Bay Shipbuilding