Titan LNG has rebranded as Titan reflecting its commitment to delivering fuels that decarbonise shipping including liquefied biomethane (LBM) and any hydrogen-derived green fuel in the future.
Titan specialises in providing shipping and industrial customers with end-to-end clean fuel solutions.
This includes project planning, physical supply and delivery, as well as risk management and hedging services to mitigate price fluctuations.
Niels den Nijs, CEO, Titan, said: “As one of the first companies in Europe to provide safe delivery of LNG and LBM, we have proven ourselves to be pioneers in the market and continue to expand our services globally. Dropping the single product focus from our name reflects how we will use our expertise for other fuels that will emerge after LNG. Our extensive investment program for the immediate and long-term future is 100% dedicated to carbon neutral fuel infrastructure, such as LBM production plants and LBM bunker vessels.
“Today, LBM is the fuel of choice for many shipowners which provides a clear pathway into a carbon neutral future with the possibility to blend in hydrogen-derived e-methane when available. However, we recognise that decarbonisation will require a range of solutions, and when other alternative fuels become available at scale, we are ready to add them into our supply portfolio.”
The Titan rebrand follows the news that, in partnership with Attero and Nordsol, Titan has recently been awarded €4.3m in funding for a LBM production plant in Wilp, the Netherlands.
The FirstBio2Shipping project, set to be completed in 2023, will achieve a decentralized production of LBM designated for use in the maritime industry. More LBM projects are underway, as well as hydrogen derived e-methane projects that are nearing final investment decision.
Titan rebrand reflects LBM and hydrogen green fuel plans
