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The LNG Shipping Market Is Increasing with Many Countries Looking to the Future

The requirements for LNG shipping look set to grow as the global natural gas markets are being reshaped as more existing and emerging markets look at increasing imports of LNG. With many countries looking to diversify energy dependency on Russian gas exports, Europe is looking to the US to increase its imports of LNG. Poland

LNG Transfer Systems – What you need to know

The LNG market place has increased significantly over the last few years Strong LNG demand has seen rises in the shipping rates of LNG across the world and with global demand for LNG forecast to increase by a factor of 50% by 2020. LNG as a fuel for shipping offers huge advantages over conventional oil-based

Growth for LNG in ASIA looks very promising

Asia is seeing rapid growth with expanding population and urbanisation and increasing standards of living. LNG is becoming the fuel of choice in this area, with both land based import terminals and floating storage and regasification units (FSRUs) becoming increasingly popular. Coal still remains a popular option in terms of cost, however with the lower

Alternative fuels for shipping to reduce pollution and costs

The Shipping Fuel Issues Of Today And Tomorrow As time goes by, the need to have clean, renewable sources of energy increases. It’s only natural, as history has shown, that certain sources of energy dwindle in reserve, popularity, and safety – causing society at large to scramble towards better solutions. Sometimes, these solutions are right

Where is the LNG market going and can it increase energy security?

The LNG market has gone through significant changes over the last decade and will almost certainly see further changes as use of this fuel diversifies into other markets. Experts expect the production of LNG to increase by 10 % year on year until at least 2020. The current market supply is still over the current

How Safe is LNG?

Is LNG Safe for Fuel? Historically, liquefied natural gas is considered safe and non-toxic. There are a few safety concerns though when it comes to the subject. Many times, the negatives tend to confuse the realities, and people tend to have a misconception about LNG safety subject. This article separates safety facts from concerns. LNG

How to reduce risk of Bunkering

Be Safe when Bunkering! Bunkering procedure – reduce risk of accidents.   Bunkering is a risky process and one which, if not handled correctly, has caused accidents in previous maritime situations. In some unfortunate cases even leading to fatalities. The health, security and safety of our crew, team members, the environment and those stakeholders that

Could the LNG industry help hold down the price of British wholesale gas in 2018

With increased LNG supplies of up to double the amount of last winter the demand for natural gas should be diminished, which should limit gas prices. Also the cost of coal has come down from around $90 per tonne to around $60 per tonne. The price of winter gas rose to around 52 pence per

The Trump Administration Backs the Construction New LNG Export Facility

Progressive legislative actions and bold statements from the Trump Administration are some of the various indicators that seem to strongly suggest the United States of America is favourably considering the construction and heavy reliance of the newly developed LNG export facility. The concept of building an LNG exporting terminal was initially proposed by energy companies

Vladimir Putin said that Russia not only can but will be world’s largest LNG producer

On Thursday President Vladimir Putin said that his country not only can, but will become the largest LNG producer in the World. The president did not give a time table for reaching this ambitious goal. At present Russia has one LNG export facility, Sakhalin which produces around 9.6 million tons of LNG per year. However