Two German companies, Marquand & Bahls, in the form of its subsidiary Bomin, and The Linde Group, have decided to bet heavily on LNG-infrastructure in Europe. This year, the companies therefore entered a joint venture with that exact purpose. The joint venture is 50/50 and will start work in 2012 in Hamburg, the to-be headquarters of the new company.
“With the new joint venture company we want to offer LNG to ship owners as an alternative energy source with a lower environmental impact than traditional bunker fuels. The know-how combination of Bomin and Linde will enable us to offer attractive solutions in this emerging market”, says Dr. Claus-Georg Nette, Member of the Executive Board of Marquard & Bahls AG.