Maritime Industry Briefing: LNG Bunkering, Electricity Market Competition

## LNG Bunkering Vessel Launched in Southwest Europe Spanish energy company Enagás and Swiss energy firm Axpo have announced the launch of a new liquefied natural gas (LNG) bunkering vessel in southwestern Europe. The vessel will support the growing demand for LNG as a marine fuel in the region. According to the [Offshore Energy](https://www.offshore-energy.biz/spanish-and-swiss-duo-put-lng-bunkering-vessel-to-sea/) report, the new LNG bunkering vessel will operate out of the port of Cartagena, Spain, providing ship-to-ship LNG fuel supply services. This is the latest development in the expansion of LNG bunkering infrastructure, which is seen as crucial to enabling the maritime industry's transition to cleaner-burning fuels. ## PJM Wholesale Electricity Markets Deemed Competitive A new report from Monitoring Analytics, the independent market monitor for PJM Interconnection, has found that PJM's wholesale electric energy market produced competitive results during 2025. As reported by [PR Newswire](https://www.prnewswire.com/news-releases/market-monitor-finds-pjm-wholesale-electricity-markets-competitive-302712500.html), the 2025 State of the Market Report for PJM concluded that the regional transmission organization's markets were structurally competitive and produced competitive results. This is an important finding for the maritime industry, which relies on stable and affordable electricity supplies to power port operations, vessel loading/unloading, and other shoreside activities. The report's findings suggest that PJM's market design and oversight are effectively maintaining competition, which helps ensure reasonable prices for wholesale electricity consumers in the region.