Posidonia 2014 and the winner is... KAMINCO USA, Galileo’s Cryobox

NAFS awards KAMINCO USA for the most innovative product at Posidonia 2014

“The system is a proven technology having been awarded the Black Diamond award 2014 in USA through Buquebus project installation for technological innovation, project implementation, impact on the market and risks involved”.

During our visit at Posidonia 2014, we came across several products or services. There was a plethora of engine makers, ship designers, specialized pumps and valves, conversion services of existing vessels to LNG fueled, ballast water treatment systems, software solutions, and many others. 
NAFS, as one of the most actively involved media in the maritime industry, once again at the Posidonia exhibition, searched to find the highlight of the event.
Without any doubt, the search for alternative sources of energy was THE topic of interest, since the environmental compliance and the rising cost of energy affects significantly the shipping industry.
The one thing missing, found in only one stand, the stand of the Kaminis Family, was the LNG bunkering solution. 
The only efficient, scalable solution to produce LNG wherever, whenever and as much as you require is Argentinian Company 
Galileo’s Cryobox.

Kaminco, once again introduces to the market the most innovative solution for LNG bunkering and LNG/CNG production on demand. The system is a proven technology having been awarded the Black Diamond award 2014 in USA*. 
KAMINCO USA, through its branch office in Greece, offers turn key solutions for all of Galileo’s technology in Greece and Cyprus.

NAFS, had the opportunity to talk with Mr. Sotiris Kaminis, Branch Manager of KAMINCO Greece. Mr. Kaminis told us about Buquebus which is a real example of the future of shipping. The ferry company has constructed its own terminal with Cryoboxes fuelling large cryogenic tanks ready to fuel any of its ships. Likewise, shipping companies may install their own terminals at their area of preference and assure the best fueling price for their ships. Whether you are close to the grid or not, you can have sustainable access to energy at a much lower operation cost and logistics hassle. 
The idea behind Cryobox is that you can have your LNG wherever your business is, and transfer it as your business moves. The installation is very quick and the cost is far lower than a traditional LNG plant construction. The technology is modular and scalable: As your business grows, you add extra Cryobox units to meet increasing demand.
The only restriction that NAFS has identified is the lack of initiative by the Greek Government to react timely on the market’s demands. It is one thing to preach about market development and support and totally different to act and follow through to its promises.
Once more the only restriction to a new booming market in the Mediterranean Area, is the inability of the Greek Authorities to swiftly apply the legal platform in order LNG to become one more fuel for bunkering purposes. The Shipping Community has recognized the need for a safe, clean, and cost efficient fuel and ease of access to it. Greece is a main hub for commercial vessels, cruise ships and many more, thus, the need for LNG bunkering is imperative.

*Buquebus has been honored with the annual Black Diamond Award. This award is given to the top LNG fuel project to advance technology, open new markets, and achieve the smoothest execution considering the degree of difficulty.
The awarding was held during the last edition of the World LNG Fuels conference, which took place on January 21-23, 2014, at the George R. Brown Convention Center, in Houston, TX, USA.

Source: http://www.nafsgreen.gr/newsite/index.php/top-stories/3408-posidonia-2014-and-the-winner-is-kaminco-usa-galileo-s-cryobox.html