Tuesday, 07 November 2006 10:22
Voyage charters by LNG carriers present risks
The majority of problems encountered specific to the carriage of LNG have been during the loading or discharging process
One complication is where a vessel is programmed to load different grades of LNG on consecutive voyages and maintains a heel
Nick Barber
The recent expansion of the LNG market as well as innovation in production and storage is also changing the way LNG carriers are used.
The usual practice has been to transport LNG to shore-based terminals in ships on long-term charters, specifically built for a particular route.The stability of the LNG transport industry has been based on a limited number of producers and users carrying out their trade along well travelled routes.
One complication is where a vessel is programmed to load different grades of LNG on consecutive voyages and maintains a heel
Nick Barber
The recent expansion of the LNG market as well as innovation in production and storage is also changing the way LNG carriers are used.
The usual practice has been to transport LNG to shore-based terminals in ships on long-term charters, specifically built for a particular route.The stability of the LNG transport industry has been based on a limited number of producers and users carrying out their trade along well travelled routes.
Published in
Jul / Aug 2006
