Gas - the energy source of the future. Small scale LNG - the regional solution for gas distribution. Oslo 31 May 2013

Size: px
Start display at page:

Download "Gas - the energy source of the future. Small scale LNG - the regional solution for gas distribution. Oslo 31 May 2013"

Transcription

1 Gas - the energy source of the future Small scale LNG - the regional solution for gas distribution Oslo 31 May 2013

2 I.M. Skaugen SE a company with a hundred years of history Incorporated in 1916 Skaugen family Managing 38 vessels More than 20 nationalities 2000 employees USD 240m annual turnover and 461m assets 2

3 a history of innovation and partnerships Early adopter of Steam and Diesel technology, first tanker Conversion of ships to refugee carriers after WWII, First Diesel Electric engines Pioneer in bulk shipment of cement and large scale ship-to-ship transfers Pioneered the specialised cruise concept - RCCL State-of-theart Rig and Supply vessels for offshore oil&gas activities New design concept: «Pure Car Carrier» First Sinoforeign JV Design and ordering of the Super-Coolers ethylene carriers First purposebuilt lightering tankers and pioneered STGS activities in the US gulf Start of design and concept of smallscale LNG Pioneering gas transportation by developing LPG/Ethylene/LNG ( Multigas ) vessels 3

4 Solid long term niche strategy, long-haul petrochemical and regional LNG trade; - Gas transportation is our core business Overview of liquefied gases and their origin Characteristics IMS fleet Natural Gas production Methane Ethane Propane Butane Naphta Gas Oil Liquefaction plant Optional gas feeds Optional liquid feeds Liquefaction plant Steam cracker Steam cracker Petchem gases LNG Ethylene Propylene VCM 1 Butadiene 1 Boiling temp Vessel type 2 LPG/E/LNG LPG/E LPG 6x Multigas Avg. age 2.3 years 2x 12,000 cbm 4x 10,000 cbm 3x Wintergas Avg. age 4.0 years 3x 5,800 cbm 6x Somargas Avg. age 10.0 years 2x 10,000 cbm 4x 8,500 cbm Petroleum Refinery Crude Oil, petroleum refinery LPG -43 2x Noble Avg. age 23 years 2x 8,200 cbm 1x Vintage Avg. age 29.5 years 1x 8,200 cbm 1 Produced only by cracking any of the optional liquid feeds 2 Boiling temperature of gas determines type of vessel that can transport it and the cost e.g. LPG/E can transport LPG and Ethylene, but not LNG 15% of World s Ethylene fleet 4

5 Organized through strategic partnerships and joint ventures around our core business Manage assets with a book value of USD461 million and with gross turnover of USD240million. Core Business Liquefied Gas Transportation - Norgas LPG transportation/petrochemical gases/chemicals/small Scale LNG Abt 2000 employees world wide of which 700 in our core business 38 vessels in operations of which 18 gas carriers our core fleet Listed on the Oslo stockexchange; ticker IMSK Marine Transfer Activities Crude oil lightering and transfer services LNG transfer services LNG terminal ops and mgt China activities Crew training and recruitment LPG transport Cryogenic equipment Mnf JV 5

6 IMS committed to developing Small scale LNG IMS positioning Gas is the «fuel of the future» With the right technology, gas in the form of LNG can be made available as easy as any other fuel The key missing link was the ships; all other technologies like LNG plants&terminals, LNG trucks and other distribution equipment were available «off the shelf» By building our fleet of now six LNG carriers, the shipping element is also now available «off the shelf» Due to our Multigas design, the ships can trade in the petchem market and then be ready for LNG as and when needed 6

7 SPT a world leader in ship-to-ship transfer of LNG Innovator and leader in ship-to-ship transfer of LNG SPT, did perform the first ship to ship transfer of LNG ever made and has done several more since then SPT has developed equipment and procedures to perform safe ship-toship transfer of LNG SPT has a global network of bases close to all major bunkerig hubs. SPT is a JV between IM Skaugen and Teekay Corp. 7

8 Tons per year Small scale LNG making gas as easy available as any other fuel for regional customers Yearly Capacity MG12K and MG10K MG12K MG10K One-way distance NM Ideal for regional supply up to 1200 nm from source Several hundred thousands of tons yearly capacity with one vessel Supply directly to end-users Providing an energy solution previously not available 8

9 One Multigas shipload (12 000cbm) of LNG can; - provide fuel for about cars for a year - provide power for more than housholds for a year

10 Small scale LNG markets regional distribution Gas where there is no gas - Stranded customers too small or too far away from pipelines and currently using other fuels like diesel and fuel oil. Gas where it is needed yesterday - Developing regions - where speed of getting energy supply in place will impact economical growth and laying a pipeline will take time... 10

11 «Stranded» customer key regions for future growth 11

12 Emission values [%] The LNG bunkering market Gas when it is needed in its liquid form as LNG LNG as marine fuel will eliminate SOx, reduce NOx with 80-90% and cut CO2 with 25-30% compared with fuel oil and diesel Diesel engine running on MDO, 1% Sulphur content 120 Dual-fuel engine running on gas New supply chains will needed as ECA zones will be expanding. A MG vessel will be the ideal bulk breaker to supply LNG to bunkering hubs or can act as the bunkering vessel NOx SOx CO2 Particulate Key bunkering hubs Source: DNV 2011 Report, Greener Shipping for North America 12

13 Ship-to-ship bunkering of LNG A tried and tested methode for the safe transfer of LNG Bunkering of LNG will be no different compared to normal bunkering LNG bunkering will be easy since we know how complicated it is Hoses will be used - as safe and reliable as any arm based solution for LNG Based on current legislation for marine STS and SIGTTO 13

14 Small scale LNG supply chain LNG plant LNG terminal Small scale LNG ship End user Rail car Local storage Semi-trailer Small scale LNG Terminal 14 Pipeline

15 The innovative Multigas vessels Key data, MG cbm; LOA 152,3m B 19,8m Draft LNG 6,3m DWT t Speed 17 knots Pump Cap. 2 x 640 cbm/hour Key features; Designed for loading at conventional LNG terminals Re-liq unit to handle boil-off Bow-thruster and becker rudder for high manoeverability Sloshing not an issue due to Type-C tanks Cargo system designed for easy change of grade On-board Nitrogen plant 15

16 12,000 cbm Multigas Main Data Loa: 152,3 m Lpp: 142,4 m B: 19,8 m D: 11,5 m T D : 6,7 m T S : 8,3 m T LNG : 6,3 m Germanischer Lloyd * ; DWT: 12,570 GT: 11,320 NRT: 3,395 Main engine: Shaft generator: Aux. engines: Service speed: 8,200 kw 1,900 kw 3 x 920 kwe 17,0 knots Cargo tank no.1: Cargo tank no.2: Max pressure: Max density: 6,000 m3 6,000 m3 5.2/3.8 bar g 0.97 ton/m3 Min temp.: C Pump capacity: 640/640 m3/h 100 A5, E, Liquefied Gas Tanker Pump Type-2G, head: IW, BWM MC AUT, RI, INERT 120/220 mlc

17 Loading at a «Q-Max» LNG terminal LNG PLATFORM LNG PLATFORM LNG/ETHYLEN/ LPG PLATFORM

18 The World s Largest Small Scale LNG Fleet Vessel Capacity (m 3 ) Delivery Built Class Norgas Innovation /2010 China GL Norgas Creation /2010 China GL Norgas Invention /2011 China GL Norgas Conception /2011 China GL Norgas Unikum /2011 China GL Bahrain Vision /2011 China GL

19 IMS offering growth opportunities in Small scale LNG LNG value proposition World s largest small scale LNG fleet 2x12,000 cbm and 4x10,000 cbm LNG/E/LPG vessels and for immediate availability Key enabler for; Regional supply chains within 1,200 nautical miles of LNG source Early entry to LNG marine bunkering markets Small scale LNG Key advantages: Opens new LNG markets; gas and liquids More flexible and scalable Cost and capital efficient Direct to end customer Un-bundles the supply chain Through SPT LNG lightering and STS, including bunkering solution LNG terminal operations 19

20 The I.M. Skaugen Company Founded in 1916 Listed on Oslo Stock Exchange (ticker: IMSK) Steady as she goes

I.M. Skaugen SE Result 2014 Presentation February 2015

I.M. Skaugen SE Result 2014 Presentation February 2015 I.M. Skaugen SE Result 2014 Presentation February 2015 1 Agenda Highlights Core business Financials 2 Restructuring efforts continued with positive effects USDm Leading to reduced financial expenses and

More information

I.M. Skaugen SE. IMS Innovative Maritime Solutions

I.M. Skaugen SE. IMS Innovative Maritime Solutions I.M. Skaugen SE IMS Innovative Maritime Solutions Annual General Meeting Oslo, March 18th 2010 1 The IMS strategy The company has succeeded in identifying and leveraging g higher growth/higher margin market

More information

I.M. Skaugen SE AGM 2015 Presentation April 28th 2015

I.M. Skaugen SE AGM 2015 Presentation April 28th 2015 I.M. Skaugen SE AGM 2015 Presentation April 28th 2015 1 Agenda Highlights Core business 2 Restructuring efforts continued with positive effects USDm Leading to reduced financial expenses and a lower cost

More information

LNG as a marine fuel in BC. West Coast Marine LNG Workshop 26 th June 2012

LNG as a marine fuel in BC. West Coast Marine LNG Workshop 26 th June 2012 LNG as a marine fuel in BC West Coast Marine LNG Workshop 26 th June 2012 LNG as a Marine Fuel» Marpol Annex VI - Emissions Legislation ECA s commence in 2015 Global sulphur cap in 2020 / 2025 Potential

More information

Ship Transportation of Natural Gas

Ship Transportation of Natural Gas Ship Transportation of Natural Gas Market and Technology. Presented by Jan Koren, Business Director Tankers 26th May, 2005 Slide 1 The Scene is changing what is happening? Dramatic increase in number of

More information

17 TH IMPCA ASIAN METHANOL CONFERENCE NOVEMBER, SINGAPORE 1 METHANOL SHIPPING: A SNAPSHOT KARAN GROVER SHIP BROKER BRAEMAR QUINCANNON PTE LTD

17 TH IMPCA ASIAN METHANOL CONFERENCE NOVEMBER, SINGAPORE 1 METHANOL SHIPPING: A SNAPSHOT KARAN GROVER SHIP BROKER BRAEMAR QUINCANNON PTE LTD 17 TH IMPCA ASIAN METHANOL CONFERENCE 04-06 NOVEMBER, SINGAPORE 1 METHANOL SHIPPING: A SNAPSHOT KARAN GROVER SHIP BROKER BRAEMAR QUINCANNON PTE LTD 2 AGENDA BQ Introduction Methanol Dynamics in Brief Methanol

More information

ADVANCING LNG FOR CLEANER MARINE

ADVANCING LNG FOR CLEANER MARINE WE SEA A BETTER PATH ADVANCING LNG FOR CLEANER MARINE Gas4Sea is setting a new direction in the maritime sector by advancing liquefied natural gas (LNG) as a marine fuel via ship-to-ship transfer. Under

More information

Introduction of Gas Turbine- Powered, LPG Fueled Ship. Byeongyeol Baek Advanced Lead Engineer GE s Marine Solutions March 6 to 7, 2018

Introduction of Gas Turbine- Powered, LPG Fueled Ship. Byeongyeol Baek Advanced Lead Engineer GE s Marine Solutions March 6 to 7, 2018 Introduction of Gas Turbine- Powered, LPG Fueled Ship Byeongyeol Baek Advanced Lead Engineer GE s Marine Solutions March 6 to 7, 2018 Presentation Title February 9, 2 GE s Marine Solutions +1,400 Vessel

More information

A New Contender Shuttle Tankers, Contractor Owner, Service as Needed

A New Contender Shuttle Tankers, Contractor Owner, Service as Needed SPE Workshop: An Industry in Transition: Emerging Challenges for Deepwater Oil Transportation in the Gulf of Mexico Houston - 14 October 2003 A New Contender Shuttle Tankers, Contractor Owner, Service

More information

Dr. Konstantinos Galanis

Dr. Konstantinos Galanis Dr. Konstantinos Galanis Operations & Technical Senior Manager Seanergy Maritime Holdings Corp. To describe the different kinds of ships that are in common use The employment they are engaged in The kind

More information

IMO future plans for regulation

IMO future plans for regulation 1) / MARPOL Annex VI SOx Emission Limit Data: tri-zen MARPOL Annex VI NOx Emission Limits Data: tri-zen IMO future plans for regulation The vessel which has been built since January, 2013 should observe

More information

Cleaner energy and shipping in Indonesia Small scale LNG. By: Jan Valkier

Cleaner energy and shipping in Indonesia Small scale LNG. By: Jan Valkier Cleaner energy and shipping in Indonesia Small scale LNG By: Jan Valkier Jakarta - Mareforum 2012 March 28, 2012 Outline Introduction Anthony Veder Group Fleet LNG focus Our experience in small scale LNG

More information

SHIP POWER: RESILIENCE IN DEMANDING MARKETS

SHIP POWER: RESILIENCE IN DEMANDING MARKETS SHIP POWER: RESILIENCE IN DEMANDING MARKETS Jaakko Eskola, President, Ship Power & Senior Executive Vice President 1 The most complete marine offering on earth 2 Strategic focus Ship Power s strategic

More information

An Outlook for the Maritime Industry Towards 2020

An Outlook for the Maritime Industry Towards 2020 An Outlook for the Maritime Industry Towards 2020 Future Development in Maritime Shipping Kenneth Vareide 2013-02-28 Topics Background and Key Drivers for the Maritime Industry A Outlook Towards 2020 Current

More information

LNG as a ship fuel- developing competence to utilize business opportunities GO LNG Conference Vilnius,

LNG as a ship fuel- developing competence to utilize business opportunities GO LNG Conference Vilnius, LNG as a ship fuel- developing competence to utilize business opportunities GO LNG Conference Vilnius, 2017-04-27 Dr Gerd Würsig, Business Director Alternative Fuels 1 27 April 2017 SAFER, SMARTER, GREENER

More information

LNG AS FUEL: THE TIPPING POINT?

LNG AS FUEL: THE TIPPING POINT? LNG AS FUEL: THE TIPPING POINT? LONDON, 19 th April 2018 LNG-as-a-fuel : an energy transition for the shipping industry Compelling environmental performance World fleet of merchant ships Around 27,000

More information

Providing LNG Supply and Bunkering Solutions. USCG Sector Delaware Bay LNG Bunkering Workshop Margaret Kaigh Doyle

Providing LNG Supply and Bunkering Solutions. USCG Sector Delaware Bay LNG Bunkering Workshop Margaret Kaigh Doyle Providing LNG Supply and Bunkering Solutions USCG Sector Delaware Bay LNG Bunkering Workshop Margaret Kaigh Doyle AGENDA LNG as Marine Fuel - Why, When, Who What is Small Scale LNG Developing Infrastructure

More information

Finding a Green Ship in a Blue Ocean

Finding a Green Ship in a Blue Ocean Finding a Green Ship in a Blue Ocean GreenTech 2013 About RightShip Agenda Existing Vessel Design Index and Greenhouse Gas Emissions Rating A practical application How charterers use the tool How ship

More information

General presentation May 2016

General presentation May 2016 General presentation May 2016 Disclaimer This presentation (the "Presentation") has been prepared by LNG New Technologies ("the Company"). This Presentation has been compiled by LNG New Technologies in

More information

Small Scale LNG From Concept to Reality. Chris Johnson, General Manager, LNG New Markets, Shell

Small Scale LNG From Concept to Reality. Chris Johnson, General Manager, LNG New Markets, Shell Small Scale LNG From Concept to Reality Chris Johnson, General Manager, LNG New Markets, Shell 0 Table of Contents Table of Contents... 1 Background... 1 Aims... 4 Methods... 5 Results... 11 Conclusions...

More information

Prospects for LNG in the South Baltic Sea Region

Prospects for LNG in the South Baltic Sea Region Scientific Journals Maritime University of Szczecin Zeszyty Naukowe Akademia Morska w Szczecinie 2013, 36(108) z. 1 pp. 59 63 2013, 36(108) z. 1 s. 59 63 ISSN 1733-8670 Prospects for LNG in the South Baltic

More information

Potential for LNG Bunkering

Potential for LNG Bunkering Potential for LNG Bunkering Presented by Valery Nemov, Gazprom Export Courtesy of Pace Global Energy Services Porto, September 13 th, 2011 ZMB 1 Agenda Context and Market Overview Key Drivers and Major

More information

Marine Transportation of LNG. Intertanko Conference March 29, 2004 Bob Curt Ship Acquisition Manager, QatargasII Development

Marine Transportation of LNG. Intertanko Conference March 29, 2004 Bob Curt Ship Acquisition Manager, QatargasII Development Marine Transportation of LNG Intertanko Conference March 29, 2004 Bob Curt Ship Acquisition Manager, QatargasII Development Marine Transportation of LNG Topics What is LNG? History of LNG Marine Transportation

More information

Erik Thun Our path towards climate smarter shipping Nautiska Föreningen, 27 November 2018

Erik Thun Our path towards climate smarter shipping Nautiska Föreningen, 27 November 2018 Erik Thun Our path towards climate smarter shipping Nautiska Föreningen, 27 November 2018 Joakim Lund CCO, Thun Tankers Thun Tankers part of Erik Thun AB Our scope has always been tailor making sustainable

More information

LNG BUNKERING. Advancements & Challenges. HHP Summit Jay Gottlieb Houston, TX USA. President Sept 2012 Argent Marine Companies

LNG BUNKERING. Advancements & Challenges. HHP Summit Jay Gottlieb Houston, TX USA. President Sept 2012 Argent Marine Companies LNG BUNKERING Advancements & Challenges HHP Summit 2012 Jay Gottlieb Houston, TX USA President 26-28 Sept 2012 Presentation Topics Maersk-Argent Background LNG as Marine Transport Fuel LNG Bunkering Options

More information

Why LNG? LNG is mainly produced for transportation purposes. More economical to transport gas as LNG compared to pipelines over long distances

Why LNG? LNG is mainly produced for transportation purposes. More economical to transport gas as LNG compared to pipelines over long distances Classification: Internal Status: Draft LNG Shipping TEP 10 Gas Processing and LNG - 2008 Trygve G. Egge 2 Topics Why LNG? Historic overview Commercial fundamentals Technical aspects Operational aspects

More information

READY FOR EVERYTHING

READY FOR EVERYTHING READY FOR EVERYTHING Manos Migadis DYNACOM TANKERS MANAGEMENT LTD Greener Shipping Summit 2018 The Power of Legislation New environmental regulations are making shipbuilding industry to get prepared and

More information

North European LNG Infrastructure Project: Draft Feasibility Report Appendix A Ship Cost Analysis. Date:

North European LNG Infrastructure Project: Draft Feasibility Report Appendix A Ship Cost Analysis. Date: A North European LNG Infrastructure Project: A feasibility study for an LNG filling station infrastructure and test of recommendations. Date: 2011-11-21 Draft Feasibility Report Appendix A Ship Cost Analysis

More information

The World First Ever Very Large Ethane Carrier (VLEC)

The World First Ever Very Large Ethane Carrier (VLEC) The World First Ever Very Large Ethane Carrier (VLEC) Gastech 2017, Tokyo 4 th April 2017 This document contains information resulting from testing, experience and know-how of GTT, which are protected

More information

SUSTAINABLE MARINE TRANSPORTATION CONFERENCE 2014 Singapore Tuesday 8 April Distribution of LNG in Ports By Rolv Stokkmo GASPARTNERS PTE, LTD

SUSTAINABLE MARINE TRANSPORTATION CONFERENCE 2014 Singapore Tuesday 8 April Distribution of LNG in Ports By Rolv Stokkmo GASPARTNERS PTE, LTD SUSTAINABLE MARINE TRANSPORTATION CONFERENCE 2014 Singapore Tuesday 8 April 2-14 Distribution of LNG in Ports By Rolv Stokkmo GASPARTNERS PTE, LTD GasPartners Pte, Ltd GASPARTNERS PTE, LTD a gas brokering

More information

17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)

17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) Not Your Father s

More information

VITAMIN GAS - GAS FORM C

VITAMIN GAS - GAS FORM C VITAMIN GAS - GAS FORM C SPECIFICATION OF THE VESSEL AND THE GAS INSTALLATION ---------------------------------------------------- PREAMBLE 2,811 CBM LPG/VCM GAS CARRIER OWNERS : FGAS PETROL JOINT STOCK

More information

MARITIME LNG, REGULATION AND LOCAL DEVELOPMENT FRAMEWORK 25 November 2014 Andrew Morris, Director

MARITIME LNG, REGULATION AND LOCAL DEVELOPMENT FRAMEWORK 25 November 2014 Andrew Morris, Director MARITIME LNG, REGULATION AND LOCAL DEVELOPMENT FRAMEWORK 25 November 2014 Andrew Morris, Director INTRODUCTION Providing clarity to the regulatory issues around LNG for marine transport SOx emission limits

More information

GUIDANCE ON LNG BoG MONITORING

GUIDANCE ON LNG BoG MONITORING 23 rd May 2017 GUIDANCE ON LNG BoG MONITORING 1 PURPOSE This paper provides guidance to the verifier and the company for the on-onboard monitoring of boil off gas (BoG) and recording of data for the purpose

More information

LNG in Industrial Applications

LNG in Industrial Applications LNG in ndustrial Applications Vilniaus Energetikos Forumas 07 THS DOCUMENT S PUBLC THS DOCUMENT S PUBLC AR LQUDE, THE WORLD LEADER N GASES, TECHNOLOGES AND SERVCES FOR NDUSTRY AND HEALTH Paul K. DANORA

More information

Matthias Ritters

Matthias Ritters LNG as alternative ti fuel -status t and outlook Matthias Ritters 2013-06-19 Content Why LNG as ship fuel? Regulatory development Overview on activities and technologies LNG supply chain and bunkering

More information

Challenges of Gas Engine Introduction

Challenges of Gas Engine Introduction Challenges of Gas Engine Introduction Dr. Christian Poensgen Engineering Director < 1 > LNG for Propulsion Benefits & Challenges Benefits: No additional measures to reach NO x and SO x -limits Will meet

More information

LNG as a marine bunker fuel

LNG as a marine bunker fuel LNG as a marine bunker fuel Technical Committees September 2012 Tim Kent Technical Director, Marine Agenda Drivers for the use of LNG as fuel Issues associated with the use of LNG as fuel Rules, Regulations

More information

Environmentally Friendly & Superior Solution with LNG as Fuel

Environmentally Friendly & Superior Solution with LNG as Fuel Environmentally Friendly & Superior Solution with LNG as Fuel ClassNK R&D Project LNG-Fuelled Vessel Technologies Seminar July 2014 Takashi Unseki Ship & Ocean Engineering Department 2012 MITSUBISHI HEAVY

More information

Society for Gas as a Marine Fuel

Society for Gas as a Marine Fuel Mark Bell Society for Gas as a Marine Fuel June 2015 CONTENT 1.0 Highlight current issues facing the industry Price Availability 2.0 SGMF update who what where when. 3.0 Current projects Work Groups, Outputs

More information

EUROPEAN ENERGY FORUM 2013

EUROPEAN ENERGY FORUM 2013 EUROPEAN ENERGY FORUM 2013 28 th May 2013 1 Wärtsilä Our business areas POWER PLANTS SHIP POWER SERVICES 2 Wärtsilä This is what we bring to the market EFFICIENCY ENVIRONMENTAL SOLUTIONS FUEL FLEXIBILITY

More information

Handling and Transportation of LNG

Handling and Transportation of LNG Handling and Transportation of LNG History and Examples of LNG use Whereas Liquid Petroleum Gas (LPG) is carried under pressure, Liquid Natural Gas (LNG) is carried at atmospheric pressure and has been

More information

Module 1: LNG Fuelled Vessels Design Training. Dr Evangelos Boulougouris University of Strathclyde

Module 1: LNG Fuelled Vessels Design Training. Dr Evangelos Boulougouris University of Strathclyde Module 1: LNG Fuelled Vessels Design Training Dr Evangelos Boulougouris University of Strathclyde Background-Environmental Regulations Trans-European Transport Networks (TEN-T) The aims of TEN-T Interfaces

More information

FOR INDONESIA. P.T GoLNG Indonesia January 2015

FOR INDONESIA. P.T GoLNG Indonesia January 2015 SMALL LNG SOLUTIONS FOR INDONESIA P.T GoLNG Indonesia January 2015 believes in Corporate Social Responsibilities. We are Committed to our firm belief that there is no job so URGENT that it cannot be done

More information

COMPANY PROFILE. seypec.com

COMPANY PROFILE. seypec.com COMPANY PROFILE seypec.com Our Company The Seychelles Petroleum Company Limited (SEYPEC) was created by the Government of Seychelles on the 02nd of April 1985. At the time, the Government recognized the

More information

Non-fuel Methods of IMO Compliance. Prepared for Platts Bunker and Residual Fuel Oil Conference 8th Annual, Houston 22 June 2011

Non-fuel Methods of IMO Compliance. Prepared for Platts Bunker and Residual Fuel Oil Conference 8th Annual, Houston 22 June 2011 Non-fuel Methods of IMO Compliance Prepared for Platts Bunker and Residual Fuel Oil Conference 8th Annual, Houston 22 June 2011 Agenda Introduction Alternative Fuels and Approaches Primary Paths Scrubber

More information

Cass Business School Presentation 29 January London

Cass Business School Presentation 29 January London Cass Business School Presentation 29 January 2018 - London Connecting high quality analytics with commercial decision making Commercial Advice Consulting Market Insights Multiclient Products Retainer Agreements

More information

Palanga, Lithuania 9 & 10 December 2014

Palanga, Lithuania 9 & 10 December 2014 Palanga, Lithuania 9 & 10 December 2014 Modern fleet of 4 vessels Operation @ 7 ports in NO, DK & SE What is a green ship? It is hard to be a pioneer Business case (2009) - Regulations to comply with or

More information

Module 1: LNG Fuelled Vessels Design Training

Module 1: LNG Fuelled Vessels Design Training Module 1: LNG Fuelled Vessels Design Training Compliance Strategies of Owners with the Regulations Dr Evangelos Boulougouris (University of Strathclyde) Minimise Cost Maximize Revenue Maximum Profit Owner

More information

Breakbulk Americas Conference 2015 Wednesday, October 7, Southwest Louisiana: Bracing for the Boom

Breakbulk Americas Conference 2015 Wednesday, October 7, Southwest Louisiana: Bracing for the Boom Breakbulk Americas Conference 2015 Wednesday, October 7, 2015 Southwest Louisiana: Bracing for the Boom The Lake Charles Harbor & Terminal District: The Port of Lake Charles was authorized by the State

More information

ConferenzaGNL 2014 GENOVA 27/10/2014. Tipologie e caratteristiche di navi con propulsione GNL e relative sistemazioni degli impianti M.E.S.

ConferenzaGNL 2014 GENOVA 27/10/2014. Tipologie e caratteristiche di navi con propulsione GNL e relative sistemazioni degli impianti M.E.S. 27/10/2014 GENOVA 27/10/2014 Tipologie e caratteristiche di navi con propulsione GNL e relative sistemazioni degli impianti M.E.S. MARINE ENGINEERING SERVICES PRESENTATION Introduction INTRODUCTION M.E.S.

More information

Design of LNG Powered Ships

Design of LNG Powered Ships Design of LNG Powered Ships Joint PNW SNAME CIMarE SAE Meeting 28 April 2012 Dan McGreer Principal Engineer STX Canada Marine 01 May 2012 Page 1 PRESENTATION OVERVIEW Company Background Market Forces for

More information

Norwegian LNG Network

Norwegian LNG Network Norwegian LNG Network Distribution and Use of LNG for a Cleaner Environment Presentation of the Network LNG Norway with Go LNG Interreg Project Bergen 18 th May 2017 Egil Rensvik, Project Manager, Network

More information

Nauticor: Comprehensive LNG supply for maritime customers in the Baltic Sea. Gdansk, March 7th 2018

Nauticor: Comprehensive LNG supply for maritime customers in the Baltic Sea. Gdansk, March 7th 2018 Nauticor: Comprehensive LNG supply for maritime customers in the Baltic Sea Gdansk, March 7th 2018 Agenda 1. Introduction to Nauticor 2. Truck-to-ship supply in North & Baltic Sea 3. Ship-to-ship supply

More information

LNG as Fuel - Bunkering

LNG as Fuel - Bunkering LNG as Fuel - Bunkering Summit 1st Blue Shipping Environmental Cpt. Stephen BLIGH June 2011 LNG as a Fuel Increased focus on environmental emissions from the shipping industry is materialising as new requirements,

More information

ENABLING LNG. Dr. Stuart Macdonald LNG New Markets Technology

ENABLING LNG. Dr. Stuart Macdonald LNG New Markets Technology ENABLING LNG Dr. Stuart Macdonald LNG New Markets Technology DEFINITIONS AND CAUTIONARY NOTE Reserves: Our use of the term reserves in this presentation means SEC proved oil and gas reserves. Resources:

More information

КМТФ. National Maritime Shipping Company KazMorTransFlot. Astana November 2013

КМТФ. National Maritime Shipping Company KazMorTransFlot. Astana November 2013 КМТФ National Maritime Shipping Company KazMorTransFlot Astana November 2013 GENERAL INFORMATION Date of established 04.12.1998. Shareholder «National company «KazMunayGas» JSC. The National Maritime Carrier

More information

LNG Sampling, Analytically Accurate Practices & Techniques. Ken Thompson President/CEO

LNG Sampling, Analytically Accurate Practices & Techniques. Ken Thompson President/CEO LNG Sampling, Analytically Accurate Practices & Techniques Ken Thompson President/CEO Key Features North America net LNG export to exceed about half of today s total market North America projected to

More information

MAN Diesel & Turbo. MAN Diesel & Turbo Author Current topic

MAN Diesel & Turbo. MAN Diesel & Turbo Author Current topic MAN Diesel & Turbo < 1 > Volkswagen Group 12 brands < 3 > MAN Group Key Figures 2015 MAN SE Business areas Commercial Vehicles Power Engineering Divisions MAN Truck & Bus MAN Latin America MAN Diesel &

More information

LNG bunkering Why, How and When. Nigel Draffin Technical Manager LQM Petroleum Services Inc.

LNG bunkering Why, How and When. Nigel Draffin Technical Manager LQM Petroleum Services Inc. LNG bunkering Why, How and When Nigel Draffin Technical Manager LQM Petroleum Services Inc. SOx, NOx,CO 2 and PM Environmental protection legislation is targeting atmospheric pollution. Sulphur oxides

More information

LNG carriers and bunkering vessels

LNG carriers and bunkering vessels ConferenzaGNL - ROMA 10/04/2014 LNG carriers and bunkering vessels M.E.S. MARINE ENGINEERING SERVICES PRESENTATION SUMMARY INTRODUCTION SUMMARY COMPANY PROFILE History PRODUCTS / SERVICES LNG Extract from

More information

LNG Systems for Marine Application. LNG Reliquefaction & LNG Regasification. Oil & Gas Systems

LNG Systems for Marine Application. LNG Reliquefaction & LNG Regasification. Oil & Gas Systems LNG Systems for Marine Application LNG Reliquefaction & LNG Regasification Oil & Gas Systems LNG reliquefaction plant arrangement for a Q-flex membrane tanker Reliquefaction system for LNG Carriers Hamworthy

More information

Infrastructure. Services

Infrastructure. Services May 2018 Infrastructure Andres DR Colon, Panama In operation since 2003 LNG tank capacity 160,00m 3 serves: AES Andres 319MW and AES DPP 358 MW CCGT plants 3 party power plants >70 industrial clients,

More information

Development of Efficient, Environmentally Friendly and Flexible Shipboard Regasification Vessel

Development of Efficient, Environmentally Friendly and Flexible Shipboard Regasification Vessel 13 Development of Efficient, Environmentally Friendly and Flexible Shipboard Regasification Vessel KENJI TSUMURA *1 MASARU OKA *1 TOSHIO OGATA *2 MAKOTO TABIRA *2 Mitsubishi Heavy Industries, Ltd., (MHI)

More information

Cargo Handling Systems. for LPG, NH3 & Ethylene. Oil & Gas Systems

Cargo Handling Systems. for LPG, NH3 & Ethylene. Oil & Gas Systems Cargo Handling Systems for LPG, NH3 & Ethylene Oil & Gas Systems Cargo handling systems for LPG, NH 3 & Ethylene Gas Carrier Technology Hamworthy s gas system know-how originates from its heritage with

More information

LNG Facts A Primer. Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums. March 10, Kristi A. R.

LNG Facts A Primer. Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums. March 10, Kristi A. R. LNG Facts A Primer Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums March 10, 2006 Kristi A. R. Darby Center for Louisiana State University Overview What is Natural Gas?

More information

GRAIN LNG Challenges & benefits for the deployment of LNG in ports. October 2017 BPA Conference, Poole, UK

GRAIN LNG Challenges & benefits for the deployment of LNG in ports. October 2017 BPA Conference, Poole, UK GRAIN LNG Challenges & benefits for the deployment of LNG in ports October 2017 BPA Conference, Poole, UK What is LNG? LNG is Liquefied Natural Gas Identical to the gas at home Stored as a liquid at 161oC

More information

MEGASTAR BUNKERING EXPERIENCES. Sergei Jefimov Klaipeda

MEGASTAR BUNKERING EXPERIENCES. Sergei Jefimov Klaipeda MEGASTAR BUNKERING EXPERIENCES Sergei Jefimov Klaipeda 15.11.2017 CONTENTS 1. Eesti Gaas in brief 2. Why LNG? 3. Bunkering of Megastar 4. LNG supply chain 5. LNG quality 6. Conclusion EESTI GAAS IN BRIEF

More information

Glossary of Shipping Terms

Glossary of Shipping Terms of Shipping Terms of Shipping Terms Limited St Magnus House 3 Lower Thames Street London EC3R 6HE United Kingdom Tel: +44 (0) 20 7334 0000 Fax: + 44 (0) 20 7334 0539 Email: crs@clarksons.co.uk Corporate

More information

GHG RATING METHODOLOGY

GHG RATING METHODOLOGY GHG RATING METHODOLOGY HOW SHIPS ARE COMPARED Rather than adopting a one size fits all approach, the GHG Rating provides comparison of a peer group of vessels, for example comparing a 100,000 DWT bulk

More information

World s First Dual-Fuel Cruise Ship Challenges and perspectives

World s First Dual-Fuel Cruise Ship Challenges and perspectives World s First Dual-Fuel Cruise Ship Challenges and perspectives Anthony Teo, Technology and LNG Business Development Director 25 September 2017 1 SAFER, SMARTER, GREENER About DNV GL 154 Year History Energy

More information

BLUE GROWTH STRATEGY Blue economy and mecanisms of innovation

BLUE GROWTH STRATEGY Blue economy and mecanisms of innovation Blue economy and mecanisms of innovation Álvaro Rodríguez Dapena Technical Director Puertos del Estado 1.970 1.971 1.972 1.973 1.974 1.975 1.976 1.977 1.978 1.979 1.980 1.981 1.982 1.983 1.984 1.985 1.986

More information

17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)

17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)

More information

LNG as fuel. OTMW-Module 5 Monday 23 rd of November 2015 University of Piraeus. Working together for a safer world

LNG as fuel. OTMW-Module 5 Monday 23 rd of November 2015 University of Piraeus. Working together for a safer world LNG as fuel OTMW-Module 5 Monday 23 rd of November 2015 University of Piraeus Working together for a safer world What is LNG? Economical Drivers Regional - US LNG export dynamics - ECA-NOx area - USCG

More information

Liquefied Natural Gas As Marine Fuel. April 04, 2017

Liquefied Natural Gas As Marine Fuel. April 04, 2017 Liquefied Natural Gas As Marine Fuel April 04, 2017 Port of Vancouver Our Vision The Vancouver Fraser Port Authority vision: to be the world s most sustainable port. Port 2050 Scenario Planning Process

More information

The International Propeller Club Port of Genoa

The International Propeller Club Port of Genoa The International Propeller Club Port of Genoa Towards a 100% renewable energy future: WÄRTSILÄ in the LNG MARKET Marco Golinelli, Director Energy Solutions Wärtsilä Italia Spa STRATEGIA ENERGETICA NAZIONALE

More information

Liquefied Natural Gas (LNG) for Commercial Applications. David Jaskolski Senior Account Manager Pivotal LNG September 2014

Liquefied Natural Gas (LNG) for Commercial Applications. David Jaskolski Senior Account Manager Pivotal LNG September 2014 Pivotal LNG 1 Liquefied Natural Gas (LNG) for Commercial Applications David Jaskolski Senior Account Manager Pivotal LNG September 2014 Forward Looking Statements and Supplemental Information 3 Pivotal

More information

A World of Solutions Visit Product Storage Terminals for Bulk Liquids

A World of Solutions Visit  Product Storage Terminals for Bulk Liquids A World of Solutions Visit www.cbi.com Product Storage Terminals for Bulk Liquids United Arab Emirates The most global experience of any tank company CB&I has more than eight decades of experience designing

More information

US Hydrocarbon Exports Presented by

US Hydrocarbon Exports Presented by September 12, 2017 Luncheon US Hydrocarbon Exports Presented by Tom Seng Assistant Professor Crude Oil Prices 2 Oil Prices Over the Past Year 3 Natural Gas Prices 4 Natural Gas Prices Over the Past Year

More information

Costs and Benefits of Alternative Fuels for an LR1 Product Tanker Key results from a DNV GL and MAN Diesel & Turbo joint study

Costs and Benefits of Alternative Fuels for an LR1 Product Tanker Key results from a DNV GL and MAN Diesel & Turbo joint study Costs and Benefits of Alternative Fuels for an LR1 Product Tanker Key results from a DNV GL and MAN Diesel & Turbo joint study Contents Background...5 Objective of the study...5 Operating pattern...5

More information

Challenges for the maritime industry: environmental requirements... Ralf Plump, PTP lead Environmental Protection, Safety & Environmental Research

Challenges for the maritime industry: environmental requirements... Ralf Plump, PTP lead Environmental Protection, Safety & Environmental Research Challenges for the maritime industry: environmental requirements... Ralf Plump, PTP lead Environmental Protection, Safety & Environmental Research Content Challenges for maritime industry - upcoming environmental

More information

THE PACIFIC ISLANDS CREATION OF NEW LNG SALES MARKETS LNG SUPPLY CONCEPT IN SMALL QUANTITIES 4I S CNMI, LLC. Victor Popolitov - President

THE PACIFIC ISLANDS CREATION OF NEW LNG SALES MARKETS LNG SUPPLY CONCEPT IN SMALL QUANTITIES 4I S CNMI, LLC. Victor Popolitov - President THE PACIFIC ISLANDS CREATION OF NEW LNG SALES MARKETS LNG SUPPLY CONCEPT IN SMALL QUANTITIES 4I S CNMI, LLC Victor Popolitov - President Project MG: New LNG sales market - LNG supply concept in small quantities

More information

Alan D. Hatfield PE Braemar Wavespec USA Houston, Texas. Yukon Energy Corporation LNG Workshop

Alan D. Hatfield PE Braemar Wavespec USA Houston, Texas. Yukon Energy Corporation LNG Workshop LNG Fundamentals Alan D. Hatfield PE Braemar Wavespec USA Houston, Texas Yukon Energy Corporation LNG Workshop January 18, 2012 What is Liquefied Natural Gas (LNG)? Liquefied Natural Gas (LNG) is a clear,

More information

Table of contents. 1. Global Environments 2. Green Ship Technologies in Korea

Table of contents. 1. Global Environments 2. Green Ship Technologies in Korea 1 Table of contents 1. Global Environments 2. Green Ship Technologies in Korea 2 1. Global Environments 3 IMO Regulations International Maritime Organization Energy Efficiency, NOx, SOx, PM/BC, VOCs, Fuel

More information

(Bio-)LNG bunkering for inland navigation

(Bio-)LNG bunkering for inland navigation A. NOBEL & ZN (Bio-)LNG bunkering for inland navigation Input to LESAS project 29 March 2011 Partners and plan A. Nobel & Zn. Bunkerservice, Zwijndrecht Holland Innovation Team Chive Fuels And suppliers

More information

WÄRTSILÄ SHIP POWER JAAKKO ESKOLA SENIOR EVP DEPUTY TO THE CEO PRESIDENT, SHIP POWER

WÄRTSILÄ SHIP POWER JAAKKO ESKOLA SENIOR EVP DEPUTY TO THE CEO PRESIDENT, SHIP POWER WÄRTSILÄ SHIP POWER JAAKKO ESKOLA SENIOR EVP DEPUTY TO THE CEO PRESIDENT, SHIP POWER 1 / Doc.ID: Revision: Status: The most complete Marine Offering on earth 2 / Doc.ID: Revision: Status: Market trends

More information

GL Your competitive edge Take the lead through innovation

GL Your competitive edge Take the lead through innovation Costs and benefits of LNG-fuelled feeder container vessels Dr. Pierre C. Sames, Senior Vice President Strategic Research and Development GL Your competitive edge Take the lead through innovation Contents

More information

Equipment and Solutions LNG / NG STARVAP TM REGASIFICATION APPLICATIONS

Equipment and Solutions LNG / NG STARVAP TM REGASIFICATION APPLICATIONS Equipment and Solutions LNG / NG STARVAP TM REGASIFICATION APPLICATIONS THE CRYOSTAR GROUP CRYOSTAR is a cryogenic equipment manufacturer with more than 600 employees including 150 engineers. With its

More information

2012 International Symposium on Safety Science and Technology Safety aspects of the use of LNG for marine propulsion

2012 International Symposium on Safety Science and Technology Safety aspects of the use of LNG for marine propulsion Available online at www.sciencedirect.com Procedia Engineering 45 (2012 ) 21 26 2012 International Symposium on Safety Science and Technology Safety aspects of the use of LNG for marine propulsion L. VANDEBROEK

More information

Enabling LNG Infrastructure

Enabling LNG Infrastructure Enabling LNG Infrastructure Ship Efficiency Webinar Morten A Christophersen CEO, Connect LNG AS Connect LNG at a Glance Turn-Key Transfer Systems Services Head Office: Slemdalsveien 70 Oslo, Norway Branch

More information

GIBRALTAR STRAIGHT GATEWAY / EXIT TO THE MED. Directly above Gibraltar Airport at 375kts sse dn

GIBRALTAR STRAIGHT GATEWAY / EXIT TO THE MED. Directly above Gibraltar Airport at 375kts sse dn GIBRALTAR STRAIGHT GATEWAY / EXIT TO THE MED Directly above Gibraltar Airport at 375kts sse dn Why gas as a marine fuel? What are the issues? Performance Competition ENVIRONMENT Regulation & Rules Ship

More information

Growth Leadership: Vopak s LNG growth strategy

Growth Leadership: Vopak s LNG growth strategy Growth Leadership: Vopak s LNG growth strategy Capital Markets Day, 7 December 2012 Dirk van Slooten, Global Director LNG Forward-looking statement This presentation contains statements of a forward-looking

More information

INNOVATIONS IN LNG SHIPPING. Karrie Trauth Technical Shipping Manager for LNG Marine Fuel Projects

INNOVATIONS IN LNG SHIPPING. Karrie Trauth Technical Shipping Manager for LNG Marine Fuel Projects INNOVATIONS IN LNG SHIPPING Karrie Trauth Technical Shipping Manager for LNG Marine Fuel Projects DEFINITIONS AND CAUTIONARY NOTE Reserves: Our use of the term reserves in this presentation means SEC proved

More information

LNG basics. Juan Manuel Martín Ordax

LNG basics. Juan Manuel Martín Ordax LNG basics Juan Manuel Martín Ordax LNG basics Definition: Liquefied Natural Gas (LNG) is the liquid form of natural gas. LNG is a natural gas. LNG is a liquid. When cooled at atmospheric pressure to temperatures

More information

POLLUTANT EMISSIONS FROM LNG FUELED SHIPS Assessment and Recommendations

POLLUTANT EMISSIONS FROM LNG FUELED SHIPS Assessment and Recommendations POLLUTANT EMISSIONS FROM LNG FUELED SHIPS Assessment and Recommendations Susana López-Aparicio and Dag Tønnesen NILU - Norwegian Institute for Air Research Table of Content Introduction and Motivation

More information

Equipment and Solutions LNG TRANSPORTATION, CARGO HANDLING AND FUELLING APPLICATIONS

Equipment and Solutions LNG TRANSPORTATION, CARGO HANDLING AND FUELLING APPLICATIONS Equipment and Solutions LNG TRANSPORTATION, CARGO HANDLING AND FUELLING APPLICATIONS THE Cryostar GROUP Cryostar is a cryogenic equipment manufacturer with more than 600 employees including 150 engineers.

More information

OUR CONVERSATION TODAY

OUR CONVERSATION TODAY OUR CONVERSATION TODAY Our goal is to raise the level of awareness around the natural gas supply chain among key stakeholders in order to facilitate positive working relationships and more informed decision

More information

Experience of DNVGL with LNG fuelled vessels and the IGF code in our rules

Experience of DNVGL with LNG fuelled vessels and the IGF code in our rules Experience of DNVGL with LNG fuelled vessels and the IGF code in our rules Benjamin Scholz 1 SAFER, SMARTER, GREENER Content Background Experience with LNG as fuel some indications Bunkering of LNG IGF-Code

More information

University of Technology Gothenburg SHIPPING AND MARINE TECHNOLOGY MARTIME ENVIRONMENT AND ENERGY SYSTEMS. Cecilia Gabrielii Lecturer, PhD

University of Technology Gothenburg SHIPPING AND MARINE TECHNOLOGY MARTIME ENVIRONMENT AND ENERGY SYSTEMS. Cecilia Gabrielii Lecturer, PhD University of Technology Gothenburg SHIPPING AND MARINE TECHNOLOGY MARTIME ENVIRONMENT AND ENERGY SYSTEMS Cecilia Gabrielii Lecturer, PhD Agenda LNG - what is it? Why LNG as a marine fuel? Production,

More information

Modern Small-Scale LNG Plant Solutions

Modern Small-Scale LNG Plant Solutions Modern Small-Scale LNG Plant Solutions Clean and Stand-Alone Small Volume High Energy Density Many Possibilities LNG is becoming increasingly important all over the world for optimizing the natural gas

More information