Galveston LNG Bunker Port (GLBP) has 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 to the customer via a Jones Act-compliant LNG bunker vessel beginning in 2029.

The port said that the agreement was signed following the recent North American LNG Bunkering Summit in Virginia Beach, VA, where the need for additional U.S. LNG bunkering infrastructure took center stage.

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, according to the port.

Galveston LNG Bunker Port said in a press release that 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 entering service in 2027, 2028, and even 2029 may not be able to secure LNG supply unless commitments are made in early 2026 to accommodate the necessary infrastructure build-out.

The port added that 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.

According to the press release, GLBP remains the first and only permitted LNG bunker facility in the region, poised to begin operations in late 2028.

The company added that it is currently in negotiations with several other international shipping companies in the container and car carrier segments for the remaining volumes of the terminal’s initial phase.