Shipping agency services provider GAC and Spark Commodities sign cooperation accord on data
Gulf Agency Company (GAC), the provider of shipping agency services, has signed a cooperation accord with Spark Commodities of Singapore to support the provision of data to a platform covering the LNG freight market.
Taiwan LNG contract
April 30 (LNGJ) - Gulf Agency Company (GAC), the shipping and marine services company, has secured a contract with the Donggi Senoro LNG export plant in Indonesia to handle its vessels needing agency services at the two import terminals of Tai-Chung and Yung-An in Taiwan. Managing Director Kenny So said the contract win comes after the steady growth of agency business for all types of vessels, including LNG carriers, since the opening of GAC’s Taiwan shipping office in Kaohsiung in 2017. “Winning the DSLNG contract reinforces our optimism about the future of the LNG agency business in Taiwan, which is the world’s fifth-largest LNG buyer. We expect the number of LNG calls to rise, as Taiwan increases its LNG imports to drive power sector growth,” added So.
