Sturgeon Bay, Wis., based 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 LNG bunker barge. This new barge will be a sister vessel to the LNG bunker barge Clean Canaveral, which is set for delivery to Polaris later this month.
Demand for LNG as a marine fuel is growing rapidly, with over 400 new LNG-fueled vessels set to enter service over the next several years. Polar New Energy is a unit...