Stabilis Solutions Provides Technical & Operational LNG Bunkering Services for First LNG-Powered Ship in Long Beach, CA

Rhea-AI Summary

Stabilis Solutions, Inc. (NASDAQ: SLNG) announced the successful bunkering of liquefied natural gas (LNG) for Pasha Hawaii's container ship MV George III in Long Beach, CA. Collaborating with West Coast Clean Fuels, Stabilis provided vital services such as project management and engineering. The operation is aimed at reducing emissions for shipping routes on the West Coast, significantly contributing to regional air quality improvement. The MV George III will bunker biweekly at Long Beach, leading the way for Pasha's plans to deploy additional LNG-powered vessels.

Positive

• Successful bunkering of LNG enhances Stabilis's reputation in clean energy solutions.
• Partnership with Pasha Hawaii and West Coast Clean Fuels signifies strategic alliances in an expanding market.
• Contribution to emission reduction is aligned with environmental initiatives, potentially attracting eco-conscious investors.

Negative

• None.

HOUSTON, TX / ACCESSWIRE / September 13, 2022 / Stabilis Solutions, Inc., ("Stabilis") (NASDAQ:SLNG), recently completed the first bunkering of liquefied natural gas ("LNG") for Pasha Hawaii's ("Pasha") newest container ship MV George III in Long Beach, CA.

In partnership with West Coast Clean Fuels, LLC ("WCCF"), Stabilis provided project development, management, engineering, technical and operational services.

"Pasha's leadership in lowering shipping emissions on West Coast shipping routes is a significant step toward the improvement of the air quality in the region," commented Westy Ballard, President & CEO of Stabilis, "and we are delighted to have partnered with WCCF to play a part."

Ballard further commented, "The Port of Long Beach is an important international trading hub for the U.S., and we look forward to working diligently with the Port and our customers to further advance the lowering of emissions in ocean shipping."

Pasha Hawaii's MV George III is a 774-foot container ship operating between Long Beach, CA, Honolulu, HI, and Oakland CA and is currently scheduled to bunker every second week at the Port of Long Beach. The vessel is the first of three LNG-powered ships that Pasha is putting into service with the second, the Janet Marie, expected in late 2022 and the third expected to be deployed in mid-2023.

About Stabilis

Stabilis Solutions, Inc. is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets across North America. To learn more, visit www.stabilis-solutions.com.

About West Coast Clean Fuels

West Coast Clean Fuels, LLC provides clean fuel delivery solutions for the marine transportation operators serving U.S. West Coast ports, including ocean-going vessels such as transpacific containerships as well as coastwise operations such as ferries and tugs. Collaborating with clients and industry partners, WCCF designs and implements scalable fueling supply chains to link low-carbon fuel sources, such as LNG, RNG, biofuels, electrofuels and hydrogen-based fuels (such as hydrogen, methanol and ammonia), with operators in a safe, reliable and efficient method. WCCF seeks to support California ports as important stakeholders in fleet-scale decarbonization efforts by creating clean fuel hubs for ocean-going vessels, harbor craft, and the trucks and heavy-duty vehicles that serve them. If your maritime organization is looking to transition to clean fueling alternatives, please contact us at info@westcoastcleanfuels.com.

Investor Contact:

Andrew Puhala
Chief Financial Officer
832-456-6502
ir@stabilis-solutions.com

SOURCE: Stabilis Solutions, Inc.

View source version on accesswire.com:
https://www.accesswire.com/715710/Stabilis-Solutions-Provides-Technical-Operational-LNG-Bunkering-Services-for-First-LNG-Powered-Ship-in-Long-Beach-CA

FAQ

What recent LNG bunkering was completed by SLNG?

Stabilis Solutions completed the bunkering of LNG for Pasha Hawaii's MV George III in Long Beach, CA.

How often will the MV George III bunker at Long Beach?

The MV George III is scheduled to bunker every second week at the Port of Long Beach.

What is the significance of SLNG's partnership with West Coast Clean Fuels?

The partnership aims to enhance emissions reduction efforts in ocean shipping, contributing to improved air quality.

How does SLNG contribute to environmental initiatives?

Stabilis Solutions supports clean energy by providing LNG bunkering services, which lower emissions for shipping vessels.