Shell expands marine LNG bunkering network with US-based LNG barge
HOUSTON — Shell Trading (US) Company announced it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cm of LNG fuel. As the first of its kind to be based in the United States, the ocean-going LNG bunker barge will supply LNG to marine customers along the southern East Coast of the US and support growing cruise line demand for LNG marine fuel.
The LNG bunker barge will be owned and built by Q-LNG Transport, LLC, and operated by Harvey Gulf International Marine, LLC. With its pioneering design and delivery capabilities, the LNG bunker barge will be highly efficient and maneuverable and feature an innovative transfer system enabling it to load LNG from big or small terminals and bunker a variety of customers.
More ship owners and operators are choosing cleaner-burning LNG fuel over traditional marine fuels to respond to sulfur and nitrogen oxide emissions regulations, including the International Maritime Organization's (IMO) recent decision to implement a global 0.5% sulfur cap in 2020.
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.
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May 22, 2018 10am CDT