23 lng shipping news february 20

7
Total is managing a massive ship- building project under tender for 15 icebreaking LNG vessels, a new kind of ice-class LNG carrier. Yamal LNG, a Russian arctic LNG production project expected to supply 16.5 MTPA, is a joint venture of international gas pro- ducers, with Total owning 20 per- cent and with Russian Novatek owning 60 percent. Commercial operations are expected to begin in 2017. A third player, China National Oil and Gas Exploration and Devel- opment Corporation (CNODC), a subsidiary of China National Petroleum Corporation (CNPC), in January gained a 20 percent participation interest. CNPC is helping finance the project, including through disproportional contributions to charter capital and shareholder loans, said Novatek. Non-Russian shipping compa- nies were expected to take part in the tender to transport the gas thanks to a new law allowing non-Russian companies to participate. Total was expected to evaluate bids for 2-3 days last week and make a decision on the shipown- ers. Japanese operator Mitsui OSK Lines was said to be participating in the bidding. China’s first LNG tanker operator, China LNG Ship- ping Holdings, is reportedly partic- ipating in the bidding. The tender concerned 15 of the 16 vessels in the fleet, all with a LNG cargo capacity of 170,000 cubic metres, with one vessel being delivered earlier for reasons of caution. Besse said that the shipowner for the first vessel was likely to be Russian. Icebreaker decision Following seasonal ice patterns, the planned icebreaker fleet will supply gas to Asian markets in the summer, and to European termi- nals the rest of the year. Europe can serve as a hub to for trade with South America. The ships will be the first known ice-class LNG carriers able to break 1.6 metres of ice at 5 knots. The icebreaking hull on the vessels makes them capable of op- erating on the North Sea Route without the requirement for full- time assistance by Russian nu- clear-powered icebreaker vessels. Besse said, “We have decided to do icebreaking LNG carriers be- cause some time ago we studied the possibility of hiring full ice- breakers with LNG carriers. That means we will have 10 icebreakers followed by LNG carriers, which was a little bit crazy, so we were thinking that to be independent was easier for everybody. “At the same time we are working the company that pro- vides icebreakers in Russia, and they will provide assistance. We have sea travel and also we have river travel. “Russian icebreakers will pro- vide assistance in case we have trouble, which is not impossible, because you have to permanently clean the berth on the river be- cause you can’t break ice on the side of the ship. So we will have assistance there but apart from that, we will have ships icebreak- ing all the time. “The first ship will be devel- oped in February of 2016, and then we will do ice trials because the season where the ice will be thickest is between Februrary and May. We hope we will have enough ice to try the ship,” said Besse. The project breaks with the typical model of ship acquisition by ordering all ships from one Ko- rean shipyard, DSME, but the diffi- cult arctic nature of the project, and the technical requirements, mean this is practical. Terminal tender Negotiations for a terminal part- ner are underway, Besse added. “We went to standard European terminals. We had a good compe- tition between ports in England, France. It’s not decided yet.” The project will require a Euro- pean terminal to receive trans- shipments from Yamal. Besse said, “In Spain, we found a place where a terminal was built, but they never receive any LNG, so it’s a good partner for us. We are also working with a British partner.” A LNG JOURNAL TITLE ON LNG TANKERS 20 February 2014 LNG Shipping News Yamal LNG tenders icebreaking tanker fleet SHIPPING NEWS AGENDA Regas unit under construction for Caribbean FLSRU partners 3 SHIPYARDS MAINTENANCE Nakilat, Bureau Veritas building high pressure reliq first 4 Potential Mexican spot tender this month – ICIS 2 BUSINESS Speaking at Informa’s LNG Shipping Conference, Jacques Besse, Head of LNG shipping for Total Gas and Power, said, “We decided on icebreakers to try to keep the water open so that we can go faster, and one of the targets was to be independent of any assistance.” TECHNOLOGY Sevan Marine selling TORP’s transfer unit for FLNG 5 Yamal LNG is in an area that requires specialised transport. LNG vessels ordered 6 LNG ORDERBOOK

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23 Lng Shipping News February 20

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Page 1: 23 Lng Shipping News February 20

Total is managing a massive ship-building project under tender for15 icebreaking LNG vessels, a newkind of ice-class LNG carrier.

Yamal LNG, a Russian arcticLNG production project expectedto supply 16.5 MTPA, is a jointventure of international gas pro-ducers, with Total owning 20 per-cent and with Russian Novatekowning 60 percent. Commercialoperations are expected to beginin 2017.

A third player, China NationalOil and Gas Exploration and Devel-opment Corporation (CNODC), a subsidiary of China National Petroleum Corporation (CNPC), in January gained a 20 percentparticipation interest. CNPC ishelping finance the project, including through disproportionalcontributions to charter capitaland shareholder loans, said Novatek.

Non-Russian shipping compa-nies were expected to take part in the tender to transportthe gas thanks to a new law allowing non-Russian companiesto participate.

Total was expected to evaluatebids for 2-3 days last week andmake a decision on the shipown-ers. Japanese operator Mitsui OSKLines was said to be participatingin the bidding. China’s first LNGtanker operator, China LNG Ship-ping Holdings, is reportedly partic-ipating in the bidding.

The tender concerned 15 of the16 vessels in the fleet, all with aLNG cargo capacity of 170,000cubic metres, with one vesselbeing delivered earlier for reasonsof caution. Besse said that the

shipowner for the first vessel waslikely to be Russian.

Icebreaker decisionFollowing seasonal ice patterns,the planned icebreaker fleet willsupply gas to Asian markets in thesummer, and to European termi-nals the rest of the year. Europecan serve as a hub to for tradewith South America.

The ships will be the firstknown ice-class LNG carriers able to break 1.6 metres of ice at 5 knots.

The icebreaking hull on thevessels makes them capable of op-erating on the North Sea Routewithout the requirement for full-time assistance by Russian nu-clear-powered icebreaker vessels.

Besse said, “We have decidedto do icebreaking LNG carriers be-cause some time ago we studiedthe possibility of hiring full ice-breakers with LNG carriers. Thatmeans we will have 10 icebreakersfollowed by LNG carriers, whichwas a little bit crazy, so we werethinking that to be independentwas easier for everybody.

“At the same time we areworking the company that pro-vides icebreakers in Russia, andthey will provide assistance. Wehave sea travel and also we haveriver travel.

“Russian icebreakers will pro-vide assistance in case we havetrouble, which is not impossible,because you have to permanentlyclean the berth on the river be-cause you can’t break ice on theside of the ship. So we will haveassistance there but apart fromthat, we will have ships icebreak-

ing all the time.“The first ship will be devel-

oped in February of 2016, andthen we will do ice trials becausethe season where the ice will bethickest is between Februrary andMay. We hope we will have enoughice to try the ship,” said Besse.

The project breaks with thetypical model of ship acquisitionby ordering all ships from one Ko-rean shipyard, DSME, but the diffi-cult arctic nature of the project,and the technical requirements,mean this is practical.

Terminal tenderNegotiations for a terminal part-ner are underway, Besse added.“We went to standard Europeanterminals. We had a good compe-tition between ports in England,France. It’s not decided yet.”

The project will require a Euro-pean terminal to receive trans-shipments from Yamal. Besse said,“In Spain, we found a place wherea terminal was built, but theynever receive any LNG, so it’s agood partner for us. We are alsoworking with a British partner.” �

A LNG JOURNAL TITLE ON LNG TANKERS 20 February 2014

LNG Shipping NewsYamal LNG tenders icebreaking tanker fleet

SHIPPINGNEWS

AGENDA

Regas unit underconstruction forCaribbean FLSRUpartners 3

SHIPYARDS

MAINTENANCE

Nakilat, Bureau Veritas building highpressure reliq first

4

Potential Mexicanspot tender thismonth – ICIS

2

BUSINESS

Speaking at Informa’s LNG Shipping Conference, Jacques Besse, Head of LNGshipping for Total Gas and Power, said, “We decided on icebreakers to try to keep thewater open so that we can go faster, and one of the targets was to be independent

of any assistance.”

TECHNOLOGY

Sevan Marine sellingTORP’s transfer unitfor FLNG

5

Yamal LNG is in an area that requires specialised transport.

LNG vessels ordered

6

LNG ORDERBOOK

Page 2: 23 Lng Shipping News February 20

With respect to Mexico’s energydemand he said, “One of the sur-prises is Mexico coming into thespot market. There’s a great like-lihood that a new tender will beannounced in the new 2-4 weeksto meet new demand in Mexico.Mexico is the biggest newcomer.”

“South American import vol-umes have surged,” said Kazmin,noting, “The South American de-mand increase represents 4.2MTPA or 7 percent increase yearon year, as Brazil, Chile, Mexicotap LNG markets, a trend whichlooks likely to continue.”

In Latin America, the mainsource of demand is Argentina,which buys most of its volumes on tender. State oil companyEnarsa, a YPF buying agent, willtypically hold one or two ten-ders, said Kazmin.

The state owned oil companyin Brazil, Petronas, continues toimport LNG, buying cargos sporad-ically. Kazmin explained, “Petro-bras is one of the more creativecompanies. It uses CENA terminalin Portugal as storage, basically.”

Despite the uptick in SouthAmerican demand, “East Asia stilldominates short term markets andthis trend is likely to continuegoing forwards.”

Forces majeures“Nigeria has been the major

source of volumes for Asian mar-kets. Most of the volumes comingto Asia are diversions from EU cus-tomers, from Spanish, Portugueseand French clients. I think Nigeriais stretched as far is it possiblycan and in 2014 it will not offer as many spot cargoes, due to

the force majeure in 2013,”Kazmin said.

The Yemen LNG project, a ven-ture led by French producer Total,has also faced ‘sustained attacks.’“There’s a lot of nervousness inmarkets regarding Yemen. Terror-ist attacks have happened aroundthe facility keeping buyers frombuying,” he added.

In Egypt, producers LNG BGGroup with GDF Suez in Egypt can-not structure a supply position.Kazmin said, “The reason for thatis that a lot of volumes are nowbeing diverted to the domesticmarket and there isn’t much thatBG Group can do. BG Group de-clared a force majeure, while GDFSuez has yet to do so.” �

Potential Mexican spot tender this month – ICIS

� NEWS LNG Unlimited 20 February 20142

Roman Kazmin, Editor of Daily LNG Markets for ICIS Heren, said a Mexican tender is expected this month duringa presentation at Informa’s LNG Shipping Conference on February 6.

LNG Shipping News2nd Floor, 2-5 Benjamin StreetLondon EC1M 5QLUnited Kingdom www.lngjournal.comTel: +44 (0)20 7017 3404

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No part of this publication may bereproduced or stored in any form by anymechanical, electronic, photocopying,recording or any other means without theprior written consent of the publisher.Whilst the information and articles in LNGShipping News are published in good faithand every effort is made to check accuracy,readers should verify facts and statementsdirect with official sources before acting onthem as the publisher can accept noresponsibility in this respect. Any opinionsexpressed in this publication should not beconstrued as those of the publisher.”

The joint venture, KT MaritimeServices Australia, headquarteredin Perth, clinched a 25 year con-

tract to operate three bollard-pullvessels to assist in offloadingproduct. The vessels will operate

at the Port of Broome, a fuel andcontainer receival point in WestAustralia.

The 42 metre-long, 100-tonnesupport vessels will help performberthing duties for LNG tankers. Inaddition, it will help with offshoreoperations support, for exampleemergency response.

David Parmeter, director, KTMaritime said “To be part ofShell’s first deployment of Float-ing LNG technology is an impor-tant milestone for our business,and we look forward to supportingthe Prelude FLNG development

throughout its operations.“This joint partnership com-

bines the technical innovation andexpertise of KOTUG, with Teekay’sexperience as a marine operatorin Australia.”

Fellow KT Maritime Director MrArd-Jan Kooren said “We are proudto be working with Shell Australiain pioneering FLNG technology, andlook forward to changing the gametogether over the decades ahead.”

The contract includes a com-mitment to employ Indigenoustrainees, with the help of Aborigi-nal Marine Services in Perth. �

Shell awards Teekay/Kotug contract to support Prelude FLNGA joint venture of a subsidiary of Canada-headquartered operator Teekay LNG and Dutch operator Kotug International, will supply Shell with Infield Support Vessels.

ISV vessel illustration.

FSRU Excelerate was South America’s first LNG import terminal in 2008.Source: YPF

Page 3: 23 Lng Shipping News February 20

Hyundai Merchant Marine ownseight LNG carriers and operatedthe first South Korean carrier serv-ice launched in 1994 for Korea GasCorp. It also owns other vessels in-cluding containers, oil tankers andcar carriers but only the LNG fleetis being sold because of its viabilityin a depressed shipping market.

In a statement, Hyundai Mer-chant Marine said it has chosenIMM Investment Corp. of SouthKorea as the preferred bidder forthe LNG transport business, andthat it plans to complete the dealin the first half.

IMM Investment is based inSeoul under the management ofChief Executive Sung-be Ji. Theprivate equity and venture capitalfirm specializes in co-investing inbuyout transactions.

The decision to sell the LNGunit for 1.1 trillion won ($1 bil-lion) was made by parent HyundaiGroup, the troubled conglomeratewhich was once affiliated to

Hyundai Motor Group.The Hyundai LNG vessels were

all built between 1994 and 2000,but their resale value as second-hand ships could still be as much asa combined $1.6Bln, analysts said.

Shares of the separately-listedHyundai Merchant Marine rose 9percent to 14,850 won after theannouncement of the sale to IMM.

Shipments to KoreaThe LNG fleet, whose vessels arepainted a distinctive blue, pro-vides high cash flow through itslong-term contracts with Kogas,the world's largest corporate im-porter of LNG.

"The sale is our best option torestore market confidence, and wewill concentrate our efforts to im-prove competitiveness in containersand bulk carriers going forward,"Hyundai Merchant Marine said.

Korea's first LNG vessel was thecompany's "Hyundai Utopia" and ithas a long-term charter contract

with the state-run natural gascompany up for renewal this year.

Despite the agreed sale of thecompany, it was business as usualfor the LNG fleet. The 125,182cubic metres capacity "HyundaiUtopia" was on its way to the Bon-

tang liquefaction plant in Indone-sia to pick up a cargo for deliveryto Kogas.

The Hyundai Group has plannedto sell a total of around 4 trillionwon ($4Bln) to pay off debts andoverhaul the company. �

20 February 2014 LNG Unlimited NEWS � 3Hyundai sells LNG vessel fleet to Korean equity fundHyundai Merchant Marine, the holding company of the Hyundai Group from which HHI’s shipyard was spun off,is selling its LNG vessels to an investment fund to help finance the Hyundai Group's debt repayments.

Regas unit under construction for Caribbean FLSRU partners Wison Offshore & Marine will build a barge-based regas unit for a joint venture of Belgian shipping companyExmar and Pacific Midstream Holding Corporation, a fully owned affiliate of Canadian producer Pacific RubialesEnergy Corporation.

Delivery of the regas unit to a loca-tion not yet made public will be inthe fourth quarter of 2015. Thepartners have a pre-existing rela-tionship, with Pacific Rubiales char-tering Exmar's FLSRU.

Under the agreement for theregasification unit, Wison affili-ates will be responsible for theturnkey engineering, procure-ment, construction, installationand commissioning of the projectwith delivery anticipated in thefourth quarter of 2015.

The agreement marks Wison'ssecond award this year for abarge-based floating LNG regasifi-cation facility following a previousannouncement in January of anagreement with US-based VGS foran LNG import project located off-shore the eastern state of Andhra

Pradesh in India."Through our work on the

Caribbean FLNG unit, Wison hasworked very hard to solidify our re-lationship with Exmar and PacificRubiales, two of the leaders in theLNG market, and we are honoredthat they continue to put theirtrust in Wison for the delivery ofthese projects," said L. DwayneBreaux, President of Wison .

"With this being our secondfloating regasification bargeaward in as many months, wehope to further solidify our placein the industry as one of the lead-ing suppliers of LNG facilities,"Breaux stated.

FLSRU production In an unrelated project believed

to be sited at another location,

Pacific Rubiales and Exmar are de-veloping the Caribbean FLSRU ex-port project using feed-gas fromthe La Creciente field in northernColombia. The project is sched-uled for delivery in the first quar-ter of 2015 and will commenceoperations in the second quarterof 2015.

That venture will also com-prise an 88 kilometres-long

pipeline of 18-inch diameter tothe offshore liquefaction bargebeing built by Wison.

The Caribbean project hasbeen underpinned by GazpromMarketing and Trading, the Lon-don-based commodities unit of theRussian natural gas giant, signing adeal in November 2013 to buy500,000 tonnes per annum of LNGfor five years from 2015. �

Exmar FLSRU. Source: Exmar

128,882cbm Hyundai Utopia Source: HMM

Page 4: 23 Lng Shipping News February 20

“There is a lack of suitable train-ers. There is no formalized indus-try training and many people usepart time retired lecturers, whichmeans the course is inconsistent.So there really is no course of op-tion but to invest in ship training.”

“In the LNG industry up to 10years ago, all the engineers weresteam engineers, but now it isquite possible to have someonewith only DFDE experience, sothere this mix of different types ofLNG experience.”

While the entry of new tonnageonto the market in 2015 will meana shortage of staff, Clifton notes,in 2004-2010 the entry of 100 newvessels meant that the industry

has been through a similar phase.SIGTTO recommends taking

precautions such as onboard inter-net connection, shore leave provi-sions, family travel provisions, andadequate accomodation, to pushretention rates and save on train-ing costs.

Clifton noted, “To design extracabin space in vessels you needto consider it well in advance ofdesign.”

Shore staff guidance duein SummerUp to six hundred shore staff maybe required to staff new tonnage.“We heard about the shortage of sea staff but there’s also a

shortage of shore staff,” Cliftonexplained.

“Shore staff need special train-ing,” said Clifton. “There is cur-rently no shore staff guidance butwe are working on that an itshould be released in August.”

Shore staff based in the majorcities may deal with the high priceof relocation. Just like sea staff,shore staff may require leavetime, because they may start tosee less of their families thanwhen they are at sea, when threemonths at sea are followed bythree months of leave. Theprospect of promotion gives sea staff an incentive to move to shore. �

� NEWS LNG Unlimited 20 February 20144

The system, which uses highly ef-ficient dual fuel engines plus asystem to reliquefy part of theboil off gas, could allow largerLNG ships to save engine fuel andlower boil off, at the same time.

“In principle the main advan-tage is that there is an increaseof efficiency against the dual fueldiesel propulsion engine,” said

Carlos Guerrro, business develop-ment manager for Oil tankers andGas carriers, Bureau Veritas Ma-rine & Offshore Division.

He said the two unique Nakilatvessels are under constructionwith Korean Shipyard DSME. The vessels have a capacity of173,400 cubic metres. There is an option for two additional

vessels with the order.There are vessels in existence

that use a similar system, butwithout the same Buckhardt com-pressor configuration.

A reliquefaction solutionfor QMax?Historically LNG tanker enginesare commercially required to get

more efficient in their demandfor fuel as the expense of enginefuel increases, and large ships inparticular have faced a rising requirement to reliquefy the unused boil off gas.

“Normally as the engine ismore efficient then you will haveto equip the vessel with relique-faction or high pressure propul-sion,” said Guerrero.

“This is high pressure, 300bars. This is very new, there areno other vessels that are in serv-ice so I think many of the ownersare still waiting for the evolutionon that, to be sure that there isno risk.”

Shipowners’ remaining con-cerns relate to the difference inpressure in the pipes, which forthe high pressure engine systemreaches 300 bars, versus lowerpressure for a more conventionalsystem. �

Nakilat, Bureau Veritas building high pressure reliq firstBureau Veritas said Nakilat, which is in the midst of a 14-vessel retrofit programme involving converting 2 strokeHFO engines to run off gas, is building up to four vessels that will combine MAN ME-GI Dual Fuel engines with areliquefaction and High pressure Fuel Gas Supply System (FGSS).

SIGTTO sees shortage of trained staff aheadAndrew Clifton, General Manager of the Society of International Gas Tanker and Terminal Operators (SIGTTO),said that there is a limited number of both in house and third party training spaces. He added, “Everybody who is involved in the LNG industry has an industry responsibility. Part of this responsibility is to train, so allshippers should be training cadets.”

Reliq+FGSS for LNG carriers Source: Bureau Veritas

Page 5: 23 Lng Shipping News February 20

MHI and OMT are together devel-oping small and medium size liq-uefied gas carriers, as well as bulkcarriers and container ships. MHIdid not specify whether the lique-fied gas carriers are LNG, LPG orother gases.

The companies are targetingrapid development of new ship de-

signs in a quest to expand their li-censing business. OMT claims toenjoys a solid reputation withinthe Chinese market for its bulkcarrier designs, but will add MHIhull knowhow to offer higher hullperformance.

MHI is promoting engineeringoperations as a growth strategyfor its Shipbuilding and Ocean De-velopment branch, to pursue newbusiness.

Under the newly agreed collabo-rative arrangement, MHI will de-velop propulsion performance,system, along with hull form design,model testing, development of en-ergy-saving devices and propellers.

OMT will create conceptual andbasic designs based on MHI's hullform designs.

China footprintLast month OMT gained a strongerfootprint in China with the acquisi-tion of China-based Grontmij Ma-rine Consulting business. OMT plansto offer a shipbuilders and ownersa licensee model in the country.

A spin off of a group company ofAP Moller-Maersk, OMT has a trackrecord with design of navy ships,container ships, bulk carriers andretrofit solutions, while the OdenseSteel Shipyard (OSS) it used to belong to, has built tankers. �

20 February 2014 LNG Unlimited NEWS � 5Sevan Marine selling TORP’s transfer unit for FLNG

The technology Sevan Marine hasacquired, called HiLoad, is a float-ing structure which locks onto LNGcarriers via a patented friction-based attachment system and pre-vents motion. It may be used foroffshore transfer of LNG to or fromany type of unit, including FLNG.

Following the acquisition ofHiLoad, it plans on marketing it toFLNG operators. “We can sell li-censes to third parties, FLNG Op-erators or others, or we may buildand sell HiLoad units if the com-mercial terms are satisfactory,”said Ødeskaug.

The company is also planningcase studies in offshore field prov-ing the tool can lead to improvedoverall field economics.

The unit has a rough sea stateadvantage, said Ødeskaug, “Theuniqueness of the HiLoad is thatLNG may be offloaded from anFLNG unit in sea-states of Hs 4metres or more to a conventionalLNG carrier without any modifica-tions or special equipment re-quired on the carrier. “

“This gives the operator muchmore flexibility for LNG export andin all areas that are exposed to cy-clones, large swells, strong orchanging currents, large waves andso on. It gives a higher operatinglimit for LNG transfer and conse-quently potential for better regu-larity and project economics.”

Ownership historyTORP’s HiLoad technology wasoriginally developed for offshoreloading of crude oil, and its parentNorwegan Ramory Technology stillholds rights to the oil transferareas of the product.

LNG shipping operator Golar LNGwas an early investor in the tech-nology, and alongside Ramora Tech-

nology, a joint owner of TORP. TORPhad in 2005 planned a regasificationvessel off the US Gulf coast, andGolar LNG announced a heads ofagreement for an option on partownership of the unit, and invested£3 million in the technology.

The US Maritime administrationannounced in 2012 that the appli-cation for TORP’s Bienville Off-shore Energy Terminal had beenwithdrawn.

TORP has been involved in de-veloping other LNG technologies.Its EasyLNG regas terminal solu-tion was sold approximately twoyears ago and the technology isnow commonly used. Rights to EasyLNG were not part of theSevan Marine deal. �

Sevan Marine ASA has acquired the technology rights to TORP’s dynamic position-ing (DP) LNG transfer unit. Lars Ødeskaug, COO for Sevan Marine, said, “There arecurrently no other solutions in the market that can offer offshore transfer of LNG toconventional LNG Carriers in the same sea conditions as the HiLoad.”

Sevan Marine is now licencing the technology.

MHI to collaborate with OMT, designer with afootprint in ChinaJapanese Shipyard Mitsubishi Heavy Industries (MHI) has agreed to collaborate withDanish Odense Maritime Technology (OMT) on engineering vessels including‘medium size liquefied gas carriers.’

MHI has developed the SayaendoLNGC. Source: MHI

NEWSNUDGE GTT launches IPOThe chance to gain a stake inthe French cargo tank manu-facturer will close February 25,with pricing to occur on the26th and Euronext trading tofollow on the next day. Antici-pated income could be $924million, Reuters said.

Höegh’s Lithuania-bound FSRU namedFSRU “Independence” has beennamed and completed a week-long sea trial, on its own coursefrom South Korean shipyardHyundai Heavy Industries. Theproject sees the vessel sched-uled for delivery to Lithuanianterminal company KlaipėdosNafta, in mid-2014

Russia’s Baltic portsbeing fitted for LNGtransshipment andbunkering Russian Deputy Transport Minis-ter Victor Olersky said targeteddevelopment of Russian ports,for example Bronka port inSaint-Petersburg, will be drivenby the creation of terminals forLNG transshipment and bunker-ing, IAA PortNews reports. The announcement came at the Forum of Dredging Compa-nies organized by media-groupPortNews.

STX Launches LNGTanker SCF MitreRussian operator Sovcomflot’s(SCF) ice class LNG tanker, SCFMitre, was launched in a cere-mony last week at Korea’s STXshipyard. Delivery is expectedin early 2015. It is one of twoSCF vessel under a long-termcharter with Shell, said theRussian Maritime Register ofShipping, with the other, SCFMelampus, being deliveredlater this year.

Page 6: 23 Lng Shipping News February 20

DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit

Golar Igloo Samsung TZ Mk. III DFDE 170000 Q1-14 Kuwait FSRU Golar LNG 2031 Wilhelmsen Golar

Clean Ocean Hyundai Heavy TZ Mk. III DFDE 162000 Q1-14 Dynagas 2558 Dynagas

Cool Runner Samsung TZ Mk. III DFDE 160000 Q1-14 Thenamaris 2046 Bernard Schulte

Gaslog NB-6 Samsung TZ Mk. III DFDE 155000 Q1-14 Shell Portfolio GasLog 2042 CERES

Golar Bear Samsung TZ Mk. III DFDE 160000 Q1-14 Golar LNG 2027 WilhelmsenGolar

Independence Hyundai Heavy TZ Mk. III DFDE 170000 Q1-14 Indonesia FSRU Høegh LNG 2548 Høegh LNG

Maran Gas Delphi DSME GT NO 96 DFDE 159400 Q1-14 BG Portfolio Nakilat / Maran Gas 2296 Anangel Maritime (60%)

Maran Gas Lindos DSME GT NO 96 DFDE 159400 Q1-15 BG Portfolio MaranGas 2292 Anangel

BW Gas NB-2 Hyundai Heavy TZ Mk. III DFDE 161880 Q1-15 BW Gas 2572 BW

Gaslog NB-8 Samsung TZ Mk. III DFDE 155000 Q1-15 Gaslog 2044 CERES

Maran Gas Mistras DSME GT NO 96 DFDE 159400 Q1-15 BG Portfolio MaranGas 2405 Anangel

MOL PNG NB-1 Hudong Membrane SSD 170000 Q1-15 PNG / Gorgon Mitsui OSK H1670A MOL

Chevron NB-3 Samsung TZ Mk. III DFDE 160000 Q1-15 Chevron Portfolio Chevron 1941 Chevron Shipping

Chubu NB-3 Mitsubishi H.I. Moss STRH 153000 Q1-15 Chubu Electric NYK 2298 NYK

Dynacom NB-6 Hyundai Heavy TZ Mk. III DFDE 162000 Q1-15 Dynagas 2566 Dynagas

Hoegh NB-4 FSRU Hyundai Heavy TZ Mk. III Azipod 170000 Q1-15 Høegh LNG 2251 Høegh LNG

Shell NB-1 Samsung Membrane FLNG 225000 Q1-16 Shell FLNG Shell 2030 STASCO

Sinopec NB-1 Hudong Membrane DFDE 174000 Q1-16 APLNG China Shipping H1715A TBDGroup / Mitsui OSK

Maria Energy Hyundai Heavy TZ Mk. III DFDE 170000 Q1-16 Tsakos 2612 TBD

NLNG NB-4 Samsung TZ Mk. III DFDE 170000 Q1-16 Nigeria LNG Bonny Gas Transport 2078 BGT

Gaslog NB-9 Samsung TZ Mk. III DFDE 173400 Q1-16 BG Portfolio Gaslog 2073 CERES

Maran NB-14 Hyundai Samho TZ Mk. III DFDE 173000 Q1-16 BG Portfolio MaranGas S690 Anangel

MOL PNG NB-4 Hudong Membrane SSD 170000 Q1-16 PNG / Gorgon Mitsui OSK H1673A MOL

TBN NB-2 STX O&S GT NO 96 DFDE 170000 Q1-16 TBN (x-Alpha) 1671 TBD

Teekay NB-1 DSME GT NO 96 MEGI 173400 Q1-16 Cheniere Teekay LNG 2407 Teekay LNG

Maran NB-16 DSME GT NO 96 DFDE 170000 Q1-16 BG Portfolio MaranGas 2412 Anangel

Gaslog NB-12 Samsung TZ Mk. III DFDE 173400 Q1-17 BG Portfolio Gaslog 2103 CERES

Sinopec NB-4 Hudong Membrane DFDE 174000 Q1-17 APLNG China Shipping H1718A TBDGroup / Mitsui OSK

Flex NB-1 Samsung TZ Mk. III DFDE 174000 Q1-17 Flex LNG TBN TBD

Petronas NB-2 Hyundai Heavy Moss STRH 150000 Q1-17 Petronas 2730 MISC

Teekay NB-5 DSME GT NO 96 MEGI 173400 Q1-17 Teekay LNG TBN Teekay LNG

Flex NB-2 Samsung TZ Mk. III DFDE 174000 Q1-17 Flex LNG TBN TBD

Corcovado DSME GT NO 96 DFDE 159760 Q2-14 Cardiff 2297 Cardiff Gas

PGN FSRU Lampung Hyundai Heavy TZ Mk. III Azipod 170000 Q2-14 Lithuania FSRU Høegh LNG 2549 Høegh LNG

EE NB-1 FSRU DSME GT NO 96 DFDE 173400 Q2-14 Petrobras VT3 Excelerate Energy 2402 TBD

Golar Crystal Samsung TZ Mk. III DFDE 160000 Q2-14 Golar LNG 2022 Wilhelmsen Golar

Golar Penguin Samsung TZ Mk. III DFDE 160000 Q2-14 Golar LNG 2023 Wilhelmsen Golar

Hoegh NB-3 FSRU Hyundai Heavy TZ Mk. III Azipod 170000 Q2-14 Colburn LNG FSRU Høegh LNG 2550 Høegh LNG

Kita DSME GT NO 96 DFDE 159760 Q2-14 Cardiff 2298 Cardiff Gas

Maran Gas Efessos DSME GT NO 96 DFDE 159400 Q2-14 BG Portfolio Nakilat / Maran Gas 2291 Anangel Maritime (60%)

Chevron NB-1 Samsung TZ Mk. III DFDE 160000 Q2-14 Chevron Portfolio Chevron 1920 Chevron Shipping

Golar Frost Samsung TZ Mk. III DFDE 160000 Q2-14 Golar LNG 2055 Wilhelmsen Golar

Maran Gas Posidonia Hyundai Samho TZ Mk. III DFDE 164000 Q2-14 BG Portfolio Nakilat / Maran Gas S625 Anangel Maritime (60%)

Maran Gas Alexandria Hyundai Samho TZ Mk. III DFDE 164000 Q2-15 BG Portfolio MaranGas S627 Anangel

Osaka Gas NB-2 Mitsubishi H.I. Moss STRH 153000 Q2-15 Osaka Gas Mitsui OSK / Osaka Gas 2296 MOL

Chevron NB-4 Samsung TZ Mk. III DFDE 160000 Q2-15 Chevron Portfolio Chevron 1942 Chevron Shipping

Brunei NB-2 Hyundai Heavy TZ Mk. III DFDE 154800 Q2-15 Brunei Fleet Brunei Gas Carriers 2607 STASCO

Dynacom NB-7 Hyundai Heavy TZ Mk. III DFDE 162000 Q2-15 Dynagas 2567 Dynagas

Maran Gas Troy DSME GT NO 96 DFDE 159400 Q2-15 BG Portfolio MaranGas 2406 Anangel

MOL PNG NB-2 Hudong Membrane SSD 170000 Q2-15 PNG / Gorgon Mitsui OSK H1671A MOL

Petronas FLNG NB DSME GT NO 96 FLNG 180000 Q2-15 Petronas FLNG Petronas 6302 TBD

Maran NB-15 Hyundai Samho TZ Mk. III DFDE 173000 Q2-16 BG Portfolio MaranGas S691 Anangel

NLNG NB-5 Hyundai Heavy TZ Mk. III DFDE 170000 Q2-16 Nigeria LNG Bonny Gas Transport 2637 BGT

Gaslog NB-10 Samsung TZ Mk. III DFDE 173400 Q2-16 BG Portfolio Gaslog 2072 CERES

THE WORLD’S NEWEST LNG CARRIERSName Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

� NEWS LNG Unlimited 20 February 20146

Page 7: 23 Lng Shipping News February 20

Kansai NB-1 Kawasaki Moss STRH 164700 Q2-16 Kansai Kansai / Mitsui OSK 1712 MOL

Maran NB-17 DSME GT NO 96 DFDE 170000 Q2-16 BG Portfolio MaranGas 2413 Anangel

NLNG NB-6 Samsung TZ Mk. III DFDE 170000 Q2-16 Nigeria LNG Bonny Gas Transport 2079 BGT

Sinopec NB-2 Hudong Membrane DFDE 174000 Q2-16 APLNG China Shipping H1716A TBDGroup / Mitsui OSK

Teekay NB-2 DSME GT NO 96 MEGI 173400 Q2-16 Cheniere Teekay LNG 2408 Teekay LNG

Kansai NB-2 Mitsubishi H.I. Moss STRH 155300 Q2-17 Kansai Kansai / Mitsui OSK 2299 MOL

Petronas NB-3 Hyundai Heavy Moss STRH 150000 Q2-17 Petronas 2731 MISC

Osaka Gas NB-3 Mitsubishi H.I. Moss STRH 153000 Q2-17 Osaka Gas Mitsui OSK / Osaka 2311 MOLGas / Kyushu

Petronas NB-4 Hyundai Heavy Moss STRH 150000 Q2-17 Petronas 2732 MISC

Sinopec NB-5 Hudong Membrane DFDE 174000 Q2-17 APLNG China Shipping H1719A TBDGroup / Mitsui OSK

SCF Pskov STX O&S GT NO 96 DFDE 170200 Q3-14 Gazprom Portfolio Sovcomflot 1911 Sovcomflot

Clean Planet Hyundai Heavy TZ Mk. III DFDE 162000 Q3-14 Dynagas 2565 Dynagas

Golar Glacier Hyundai Samho TZ Mk. III DFDE 162000 Q3-14 Golar LNG S658 WilhelmsenGolar

Chevron NB-2 Samsung TZ Mk. III DFDE 160000 Q3-14 Chevron Portfolio Chevron 1921 Chevron Shipping

Palu DSME GT NO 96 DFDE 159760 Q3-14 Cardiff 2400 Cardiff Gas

TEPCO NB-1 Mitsubishi H.I. Moss STRH 145500 Q3-14 TEPCO NYK 2289 NYK

Golar Snow Samsung TZ Mk. III DFDE 160000 Q3-14 Golar LNG 2047 WilhelmsenGolar

Maran NB-12 Hyundai Samho TZ Mk. III DFDE 164000 Q3-15 BG Portfolio MaranGas S689 Anangel

NLNG NB-1 Samsung TZ Mk. III DFDE 170000 Q3-15 Nigeria LNG Bonny Gas Transport 2076 BGT

SCF Melampus STX O&S GT NO 96 DFDE 170200 Q3-15 Shell Portfolio Sovcomflot 1912 Sovcomflot

Teekay NB-3 DSME GT NO 96 MEGI 173400 Q3-16 Teekay LNG 2416 Teekay LNG

Uruguay FSRU DSME GT NO 96 DFDE 263000 Q3-16 Uruguay FSRU Mitsui OSK TBN MOL

Adam Hyundai Heavy TZ Mk. III DFDE 162000 Q4-14 Oman LNG 2584 Oman Shipping

Brunei NB-1 Hyundai Heavy TZ Mk. III DFDE 154800 Q4-14 Brunei Fleet Brunei Gas Carriers 2606 STASCO

Cool Explorer Samsung TZ Mk. III DFDE 160000 Q4-14 Thenamaris 2049 Bernard Schulte

Osaka Gas NB-1 Mitsubishi H.I. Moss STRH 153000 Q4-14 Osaka Gas Mitsui OSK / Osaka Gas 2295 MOL

Golar Kelvin Hyundai Samho TZ Mk. III DFDE 162000 Q4-14 Golar LNG S659 WilhelmsenGolar

Gaslog NB-7 Samsung TZ Mk. III DFDE 155000 Q4-14 Gaslog 2043 CERES

BW Gas NB-1 Hyundai Heavy TZ Mk. III DFDE 161880 Q4-14 BW Gas 2571 BW

Yari DSME GT NO 96 DFDE 159760 Q4-14 Cardiff 2401 Cardiff Gas

Chubu NB-2 Mitsubishi H.I. Moss STRH 153000 Q4-14 Chubu Electric Mitsui Osk / Mitsubishi 2297 MOL

Golar Ice Samsung TZ Mk. III DFDE 160000 Q4-14 Golar LNG 2048 WilhelmsenGolar

Golar Eskimo Samsung TZ Mk. III DFDE 160000 Q4-14 Jordan FSRU Golar LNG 2024 WilhelmsenGolar

Maran Gas Sparta Hyundai Samho TZ Mk. III DFDE 164000 Q4-14 BG Portfolio MaranGas S626 Anangel

BW Gas NB-3 FSRU Samsung Membrane DFDE 170000 Q4-15 BW Gas 2074 BW

Maran NB-13 Hyundai Samho TZ Mk. III DFDE 164000 Q4-15 BG Portfolio MaranGas S688 Anangel

MOL PNG NB-3 Hudong Membrane SSD 170000 Q4-15 PNG / Gorgon Mitsui OSK H1672A MOL

NLNG NB-2 Hyundai Heavy TZ Mk. III DFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2636 BGT

SCF Mitre STX O&S GT NO 96 DFDE 170200 Q4-15 Shell Portfolio Sovcomflot 1913 Sovcomflot

Golar Tundra Samsung TZ Mk. III DFDE 170000 Q4-15 Gas Atacama FSRU Golar LNG 2056 WilhelmsenGolar

Chevron NB-5 Samsung TZ Mk. III DFDE 160000 Q4-15 Chevron Portfolio Chevron 2069 Chevron Shipping

Chevron NB-6 Samsung TZ Mk. III DFDE 160000 Q4-15 Chevron Portfolio Chevron 2070 Chevron Shipping

Chubu NB-1 Kawasaki Moss STRH 164700 Q4-15 Chubu Electric K-Line 1713 K-Line

NLNG NB-3 Samsung TZ Mk. III DFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2077 BGT

TBN NB-1 STX O&S GT NO 96 DFDE 160000 Q4-15 TBN (x-Alpha) 1670 TBD

Gaslog NB-11 Samsung TZ Mk. III DFDE 173400 Q4-16 BG Portfolio Gaslog 2102 CERES

SK Marubeni NB-1 Samsung TZ Mk. III DFDE 180000 Q4-16 Ichtys LNG SK Shipping / Marubeni 2080 SK Shipping

Teekay NB-4 DSME GT NO 96 MEGI 173400 Q4-16 Teekay LNG 2417 Teekay LNG

BW Gas NB-4 FSRU Samsung Membrane DFDE 170000 Q4-16 BW Gas 0 BW

Sinopec NB-3 Hudong Membrane DFDE 174000 Q4-16 APLNG China Shipping H1717A TBDGroup / Mitsui OSK

Ichtys NB-1 Kawasaki Moss DFDE 182000 Q4-16 Ichtys LNG K-Line 1718 K-Line

Inpex NB-1 Mitsubishi H.I. Moss STRH 155300 Q4-16 Ichtys LNG K-Line / Inpex 2310 K-Line

Petronas NB-1 Hyundai Heavy Moss STRH 150000 Q4-16 Petronas 2729 MISC

SK Marubeni NB-2 Samsung TZ Mk. III DFDE 180000 Q4-16 Total Portfolio SK Shipping / Marubeni2081 SK Shipping

Sinopec NB-6 Hudong Membrane DFDE 174000 Q4-17 APLNG China Shipping H1720A TBDGroup / Mitsui OSK

Name Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit

20 February 2014 LNG Unlimited NEWS � 7