LNG tanker risk

Dec 2, 2000
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Dec 2, 2000
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Easley South Carolina
From Marine Link:

LNG: Gas Demand Drives Investment
quote:

A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities. A new report from energy business advisors, Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten year global investment high of $26 billion per annum by 2015.
More at http://www.marinelink.com/news/investment-demand-drives339244.aspx
 
Dec 2, 2000
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From The Hellenic Shipping News:

LNG Ship Rents May Rise to 8-Year High as Japan Cargoes Expand
quote:

The cost of hiring ships to haul liquefied natural gas may exceed $100,000 a day for the first time since 2003 as Japanese demand for the fuel expands, according to Arctic Securities ASA.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=32503:lng-ship-rents-may-rise-to-8-year-high-as-japan-cargoes-expand& catid=44:latest-news&Itemid=64
 
Dec 2, 2000
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From The Hellenic Shipping News:

Wärtsilä signs Dynamic Maintenance Planning contract for six LNG carriers operated by Ceres LNG Services Ltd
quote:

Wärtsilä has been awarded a five-year technical management contract, based on Dynamic Maintenance Planning, covering six LNG carriers. The contract has been placed by the operator of the vessels, Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipping.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=33219:waertsilae-signs-dynamic-maintenance-planning-contract-for-six- lng-carriers-operated-by-ceres-lng-services-ltd-&catid=44:latest-news&Itemid=64
 
Dec 2, 2000
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From The Hellenic Shipping News:

China to hike LNG, pipeline gas imports to 90 bil cu m by 2015: analysts
quote:

China plans to increase imports of pipeline gas and LNG from 14 billion cubic meters in 2011 to 90 billion cu m by 2015, on the back of the country's rapidly growing domestic gas market, analysts from Bernstein Research said in a report issued Tuesday.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=33771:china-to-hike-lng-pipeline-gas-imports-to-90-bil-cu-m-by-2015-a nalysts&catid=44:latest-news&Itemid=64
 
Dec 2, 2000
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From The Hellenic Shipping News:

MHI Completes Development of EXTREM, New-generation LNG Carrier of Sayaendo Series
quote:

Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of a new-generation liquefied natural gas (LNG) carrier marking an evolutionary advance from Moss-type(1) LNG carriers.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=35121:mhi-completes-development-of-extrem-new-generation-lng-carrier- of-sayaendo-series&catid=44:latest-news&Itemid=64
 
Dec 2, 2000
58,582
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Easley South Carolina
Dec 2, 2000
58,582
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Easley South Carolina
From The Hellenic Shipping News:

GDF Suez’s Boston LNG Terminal Set to Receive Cargo on July 30
quote:

GDF Suez (GSZ)’s liquefied natural gas terminal near Boston is scheduled to receive a cargo July 30, according to vessel tracking data compiled by Bloomberg. Maran Gas Coronis, the tanker carrying the shipment, can move as much as 145,700 cubic meters of LNG...
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=35528:gdf-suezs-boston-lng-terminal-set-to-receive-cargo-on-july-30&c atid=44:latest-news&Itemid=64
 
Dec 2, 2000
58,582
372
283
Easley South Carolina
Dec 2, 2000
58,582
372
283
Easley South Carolina
Dec 2, 2000
58,582
372
283
Easley South Carolina
From The Hellenic Shipping News:

Japan Spot LNG Purchases Climb to 33-Month High After Quake
quote:

Japan, which suffered damage to its nuclear and coal-fired power plants in the March 11 earthquake, boosted Atlantic spot purchases of liquefied natural gas to a 33-month high in June to replace lost electricity generation.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=38623:japan-spot-lng-purchases-climb-to-33-month-high-after-quake-&ca tid=44:latest-news&Itemid=64

Comment: With de-nuclearization being the current buzzword in Japan, they look set to become huge customers for LNG.
 
Dec 2, 2000
58,582
372
283
Easley South Carolina
Dec 2, 2000
58,582
372
283
Easley South Carolina
From The Hellenic Shipping News:

Pertamina, PLN to set up LNG shipping company
quote:

State oil and gas firm PT Pertamina and state electricity utility PT PLN have agreed to jointly establish a liquefied natural gas (LNG) shipping company to supply eight mini LNG receiving terminals to be installed in eastern Indonesia.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=40432:pertamina-pln-to-set-up-lng-shipping-company-&catid=44:latest-n ews&Itemid=64
 
Dec 2, 2000
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Easley South Carolina
From The Hellenic Shipping News:

EG LAUFENBURG : EGL delivers first LNG cargo to Greece
quote:

For the first time EGL has delivered an LNG (liquefied-natural-gas) cargo to Greece. The cargo was unloaded recently in two discharges at Greece's LNG terminal, located on the island of Revithoussa, west of Athens. EGL's first LNG delivery to the Greek natural gas market is a further step in expanding gas activities in South East Europe.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=40904:eg-laufenburg--egl-delivers-first-lng-cargo-to-greece-&catid=44 :latest-news&Itemid=64
 
Dec 2, 2000
58,582
372
283
Easley South Carolina
Dec 2, 2000
58,582
372
283
Easley South Carolina
Dec 2, 2000
58,582
372
283
Easley South Carolina
From The Hellenic Shipping News:

Shell, Petronet LNG May Get Four Spot Cargoes, Ship Data Show
quote:

Petronet LNG Ltd., India’s biggest importer of liquefied natural gas, and Royal Dutch Shell Plc may receive at least four spot and short-term cargoes at the nation’s ports this month, according to ship-tracking data.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=42350:shell-petronet-lng-may-get-four-spot-cargoes-ship-data-show&cat id=44:latest-news&Itemid=64
 
Dec 2, 2000
58,582
372
283
Easley South Carolina