Gastech Conference & Exhibition is scheduled to be held in Singapore this week. Global shipping, logistics and marine services provider GAC Group has provided its insight into global growth patterns in the LNG shipping sector and emphasised the need for working with ship agents with specialist expertise and capabilities to meet the requirements of gas carriers and companies shipping and trading LNG cargoes. The LNG agent is a vital link in the LNG supply chain, ensuring that port calls by gas carriers are conducted safely and efficiently. This will help to build trust and confidence in LNG shipping as the sector continues to grow and mature.
Making port calls require specialist operational, commercial and technical skills are needed to comply with regulatory, technical and operational requirements. The growth in shale gas production has opened up the market to smaller companies. The smaller gas carriers without LNG experience or port based support network, suffer when making port calls. They lack daily intelligence on the performance of the global gas markets to capitalise on the commercial opportunities available.
GAC has 10 years’ history of serving gas carriers.
- It had handled over 10,000 LNG port calls.
- GAC draws on the global port network and in-house LNG expertise to provide a full service solution for owners and operators of gas carriers.
- GAC has sharable local knowledge of LNG terminals, undertaking an LNG compatibility study for required ports or managing ship-to-ship transfers.
- GAC has the expertise and resources that LNG operators need.
- GAC can provide operational costings for swaps, short notice diversions and arbitrage opportunities ensures they realise the full benefits of this fast-moving market.
GAC is showcasing its full range of ship agency and related services for gas carriers at Stand D380 at Gastech, where GAC’s groundbreaking ‘HullWiper’ ROV (Remotely Operated Vehicle) system will also be on display. Launched in late 2013, the HullWiper ROV system offers an eco-friendly, diver-free, cost-effective and highly efficient hull cleaning solution to LNG carriers.
In August 2015, GAC handled the first gas carriers to off-load at Jordan’s Aqaba port. GAC helped to offload 144,218 cubic meters of LNG from Qatar . GAC also handled ship-to-ship transfers of LNG from the Castillo De Santisteban and the SCF Melampus to the Golar Eskimo.
Source: GAC
