Galveston LNG Bunker Port signs agreement for LNG Bunker Fuel

Galveston LNG Bunker Port executes Heads of Agreement with an international shipping company for the supply of LNG bunker fuel
Galveston LNG Bunker Port, LLC (GLBP), a Texas-based developer of the first U.S. Gulf Coast dedicated LNG bunkering facility, today announced the signing of a commercial commitment with an international shipping company for the provision of LNG bunker fuel in Galveston Bay. The Heads of Agreement covers LNG as a marine fuel to be delivered via Jones Act–compliant LNG bunker vessel beginning in 2029. With this milestone, GLBP reinforces its position as the most advanced, most certain, and fastest-to-market LNG bunkering project on the U.S. Gulf.
GLBP’s forthcoming terminal, scheduled to begin operations in late 2028, will supply LNG by barge to vessels calling at Port Houston, the Port of Galveston, and the Port of Texas City.
This commercial milestone builds on the recent announcements that the GLBP project has secured all necessary major state and federal permits for construction and has selected its EPC contractor. Collectively, these achievements underscore GLBP’s credibility and project maturity to deliver essential LNG bunkering infrastructure and strengthen U.S. maritime fuel resiliency.
Demand for new U.S. LNG bunker supply continues to grow. This agreement was signed on the back of the recent North American LNG Bunkering Summit in Virginia Beach, VA, where the need for additional U.S. LNG bunkering infrastructure took center stage.
International ship classification society DNV reports about 781 dual‑fuel ships are already in operation globally and projects the total fleet to reach roughly 1,400 vessels by 2030, with many new builds already confirmed. However, many industry analysts warn that existing LNG‑bunkering infrastructure will not keep pace with the orderbook, risking a supply shortage over the same period. Vessels coming in service in 2027, 2028 and even in 2029 may not be able to find LNG supply unless commitments are made in early 2026 to accommodate the necessary infrastructure build-out.
GLBP is currently in negotiations with several international shipping companies in the container and car carrier segments for the remaining volumes of the terminal’s initial phase. At full buildout, the terminal will have a total capacity of up to 720,000 gallons per day accompanied by two 3-million-gallon storage tanks.
Global demand for LNG bunkering continues to accelerate, driven by the rapid expansion of dual-fuel newbuilds and the broader industry shift toward affordable, lower-carbon marine fuels.
Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
ABS opens Offshore & Marine Support Center in Bergen
ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























