49 Lng Shipping News March 5

WesPac Midstream and CME lastautumn announced a strategicpartnership to provide shipownersa combined LNG bunker supply andship conversion package that in-cludes ship engine conversion, shipconversion finance, infrastructure,supply, and delivery of LNG.

The LNG bunker barge will beused in Tacoma, on the US WestCoast, to fuel RO/RO vessels forAmerican operator Totem OceanTrailer Express (TOTE) on deliveryin 2016.

The partners will later movethe barge to the US East Coast,to Florida, where it will bunkerTOTEs SeaStar dual-fuel con-tainer ships and others calling atthe Port of Jacksonville. lt willload at a future small scale LNGterminal in Jacksonville

Wespac Midstream is buildingthe LNG terminal in a joint venturewith Pivotal LNG, the LNG distribu-tion arm of the regional gas utility,Atlantic Gas and Light (AGL).

The terminal forms part of thepartners integrated LNG fuel sup-ply chain that includes liquefac-tion, supply, and delivery tocustomers in the marine, trucking,rail or mining industries.

CME expects the small scaleLNG terminal, which resemblesthe small scale liquefaction plantsutilities use as peakers, will bethe countrys first liquefactionplant built for marine fuel. It willhave 500,000 gallons to 1BCF stor-age capacity.

The new LNG terminal will besmaller and have lower loadingpressures than US LNG export fa-cilities because LNG bunker bargeshave much smaller cargo tank ca-pacity than LNG tankers.

There is already one regionaldistributor of LNG-as-marine fuel,last month completing its first com-mercial bunkering operation: Har-vey Gulfs Port Fourchon, Louisianaterminal which has 270,000 gallonsof LNG storage capacity.

Marine OfferingCME is acting as a co-investor anddeveloper of infrastructure for theproject, at the same time offeringshipowners services including con-version of ships to run on LNG, fi-nance and consulting.

Finance Partner Oaktree Capi-tal Management, is supportingboth WesPacs LNG infrastructureprojects and CMEs ship upgradeprojects.

Pace Ralli, the cofounder andCEO CME, told LNG Shipping News,We look at this as an integrated so-lution to ship owners. In order forLNG fuelling to occur you need tohave your ship converted, then aliquefaction plant that liquefies thegas onshore, then a barge or somesort of distribution to carry it out tothe ship, and those three legs of thestool represent significant invest-ment. Wespac and CME are supply-ing all three of those to end users.

The operator of the new LNGbarge wont be determined untilafter the vessel is complete and

American policy specificationsabout fuelling are finalised, hesays. The US Coast Guard lastmonth asked for comments on twopolicy letters containing guidanceon LNG fuel transfers.

There are a lot of issues likemanning issues, how the operationwill occur, and the training for ex-ample is a very big component, sothe technical management is goingto be determined at a laterstage, said Ralli.

GTT bunkering technologyThe bunker barge, featuring 2,200cubic metres of LNG cargo capac-ity, is being constructed by Ameri-can barge-building yard, ConradShipyard in Orange, Texas one offive shipyards spread throughTexas and Louisiana.

The partners say a US yard waschosen because of the require-ment of TOTE as the customer forJones Act compliance.

The yard in January gained alicense to build using Frenchmanufacturer GTTs cargo tanktechnology.

The partners think this is proba-bly the first LNG barge ordered touse GTTs recently developed MARKIII Flex cargo tank: The only LNGbunker barge in operation in Europe,Seagas, uses a type C tank.

A LNG JOURNAL TITLE ON LNG TANKERS AND SMALL SCALE 5 March 2015

LNG Shipping NewsWespac and CME book first US LNG bunker ship

SHIPPINGNEWS

AGENDA

Kanfer Shipping onbrink of first chartersfor mobile LNGFSU

3

MARKETS

GUIDANCE

SGMF publishes LNGbunkering guidelines

5

Dual-fuel LNG carriersmarket strong amidrate cuts

2

BUSINESS

A shipowning joint venture of US-based LNG terminal operator Wespac Midstreamand LNG-fuelled ship-conversion company Clean Marine Energy (CME), in late February ordered an LNG bunker barge to supply LNG-as-fuel for ships in the USstates of Washington and Florida.

TECHNOLOGY

Bomin Linde in BalticLNG bunker ship

4

Typical WesPac Midstream small LNG processing plant for both marineand land applications Source: Wespac

LNG fleet and orderbook

10

LNG small scale fleet

8

LNG ORDERBOOK

Over the next 12 years, 3,200 newships will be added to the globalLNG-fuelled ship fleet, and as aresult LNG demand will rise an average of 6% each year, the report said.

Jiangsu Haiqi Ganghua Gas De-

velopment built the first offshoreLNG bunker station In September2013, along the Yangtze in Nan-jing. Natural gas services operatorChina Gas Holding and has alsopromised to build an LNG bunker-ing on the Yangtze River in 2014.

Since the first trailing ofdiesel dual technology in 2010,Chinese maritime companies havecommissioned and put into service30 dual fuel vessels at a rate often per year, including the world'sfirst tugboats operated on diesel-LNG engines, the report found.

Traffic on the Yangtze river,which transports three times thecargo of Americas Mississippi riverand five times as much as EuropesRhine river, could see many LNG-fuelled ship conversions if theMOTs plans are carried out.

Singapore catching upThe Maritime and Port Authority(MPA) of Singapore, the Port ofRotterdam in the Netherlands, andthe Port Of Fujairah, on theUnited Arab Emirate's IndianOcean coast, are all developing

LNG fuel facilities.The Singaporean authorty

signed a Memorandum of Under-standing (MOU) with two Belgianports, Antwerp and Zeebrugge, towork together on LNG bunkeringresearch in 2013.

However, the Port of Rotterdamplans to open an LNG hub by theend of this year.

In Dubai, a venture of Shell andDubai Maritime City (DMC) was an-nounced for developing sustain-able and environment friendlysources of energy in the maritimesector as part of the Green Econ-omy for Sustainable Developmentinitiative of the UAE government.As part of the initiative FinnishLNG propulsion supplier Wrtsiland Dubai Carbon Centre of Excel-lence are collaborating on buildingan LNG powered harbor tug.

Joe McGladdery, a partner withthe London law offices of shippingand offshore law firm,WikborgRein & Co McGladdery, said energycompanies are reducing capitalbudgets to protect against fallingrevenues, putting a number ofLNG projects on hold.

This uncertainty over theprogress of production projectshas exerted further downwardpressure on an already staticcharter market for LNG carriers,and the prospects are not looking

favourable as the number of openships grows and anticipated newcargoes fail to materialise.

The economics of slow-speeddiesel engines works when thereis a marked differential betweenthe relative prices of oil and LNG,but the recent collapse in theprice of oil has been accompaniedby a fall in the price of LNG aswell. This has led to some doubtabout the viability of dual-fuelgas-injection technology in thecurrent market.

However, the ability of dual-fuel gas injection engines to run on as a low-sulphur fuels in European and North AmericanEmission Control Areas ECAs)gives these ships operationalflexibility.

The application of dual-fuel,gas-injection technology to new-buildings and the conversion ofslow-speed diesel engines on existing ships still make sense, despite the recent fall in the priceof oil, McGladdery predicts.

Dual-fuel LNG carriers may escape rate cuts

NEWS LNG Shipping News 5 March 20152

LNG carrier charter rates last month fell to their lowest level since 2010 at around $50,000 per day. Producerslooking to cut LNG shipping costs amid low oil prices meant slashing charter rates, but the need to save fuelmeans they will be looking to charter in service or ordered low-speed, dual-fuel LNG carriers.

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Jiangsu Haiqi Ganghua Gas Development, a joint venture between us andNanjing Hong Kong and China Gas Company (also known as Towngas)launched a floating LNG fuelling vessel in 2013.

Joe McGalddery, partner at Wikborg Rein & Co McGladdery

Asia seen as rising LNG bunker marketA recent report released by industry website Oil and Gas IQ said the Chinese Ministry of Transport (MOT) targetsconstruction of 200-500 vessels solely fuelled by LNG by 2030, with two percent of the country's inland fleet converted by 2015.

Kanfer Shipping began in 2011, aventure of the former CommercialVP for Norwegian ship owner LeifHegh, Stig Hagen.

His planning-stage concept,Kanfer Shipping Solution, is afloating multipurpose ship, offer-ing combined small scale LNGtransport and storage of 500-30,000 cubic metres of LNG cargo.

The floating unit provides ship-ping, storage and, optionally, re-gasification. It could become afuelling point for Ship-to-Ship(STS) LNG bunkering operations.

Hagen says LNG facilitators arestrongly considering chartering thesolution for 10-20 years. LNG facili-tators own pipe networks and havein turn secured agreements withindustrial buyers switching to gas-fired power. The company expectstwo FIDs by the Q3 or Q4 this year.

The company has begun a fi-nancing process and is open topartners to join the ship owningventures and other global ven-tures, but this is not a must to realise the projects.

Like its large-scale predeces-sors, FSRU and FSU, the smallscale floating facility can be rap-idly installed and eliminate risk oflosing irreversible capital in-vestment through the possibilityof selling the facility globally.

The point is that a lot of play-ers are using either diesel oil, heavyfuel oil or LPG for their energy proj-ect, for example to run power at anindustrial park. Basically all islandsaround the world run their electric-ity on diesel. In order to convert toLNG, it takes a certain investment.We cannot do anything about theLNG prices, but we can do quite alot with the LNG logistics cost,Hagen told LNG Shipping News.

You could use this globallybut our focus has so far been upto 30,000 cubic metres and trans-port would be from regional LNGsuppliers, our design mainly envi-sions shipping within 2,000 nauti-cal miles.

Shipping partnerSmall LNG end-users today facenot just high construction costs,but skyrocketing charter rates, as mall scale LNG shipping com-panies in Northeast Europe bankhuge returns.

Shipping companies can do thisbecause there are monopolies, forexample in Europe, Hagen specu-lates. No offense, but this is thenature of the monopoly, saysHagen.

Kanfer Shipping has partneredwith unnamed LNG shipowner thatwill own the solution togetherwith Kanfer and lease it using anopen-book philosophy, new tosmall LNG shipping, offering lowercharter costs to end-users.

This way, There are nomarkups and the return that theship owner is getting is also knownto the charterer, says Hagen.

International LNG supplyKanfer Shipping has also agreedwith an oil major and LNG tradersto secure low-priced LNG on flexi-ble contracts.

Hagen says, We have an LNGsource available, but most ofthese projects are smaller andwith longer distance of LNG distri-bution the landed prices could beless competitive. We are involvedin several projects in the region.

We are evaluating consolidat-ing these volumes and bringing inpartners that have a larger FSU

stationed in this specific regionand bring in LNG from elsewhere,US, Middle East, so we have alter-natives to the established sources.This could provide us with econ-omy of scale.

The company aims to serve notonly growing demand for LNG fuelfor power and distribution in Eu-rope, but also a rising demand forflexible power sources.

Kanfer Shipping solution canbe used alongside a solution of-fered by sister company KanferPower, an LNG-fired power bargessupplying electricity. The powersolution is currently at shipyardtendering stage.

Taken together, the pair is arapid mobile LNG power solutionthat can meet demand in interna-tional markets with unstable nat-ural gas availability, leading toelectricity shortfalls and gasshortages.

Hagen explains, We have alsolooked into the Baltic where thereis a need of LNG due to the geopo-litical situations and energy secu-rity. There are players that wouldlike to get less dependence onnatural gas from Russia eventhough prices are relatively low.

During the last half year wehave focused on Europe, but weare working on concrete projectsin India, Japan and Korea as wellas some interesting opportunitiesin South America and Africa.

5 March 2015 LNG Shipping News NEWS 3Kanfer Shipping teams storageand shipping in LNGFSUKanfer Shipping has signed three letters of intent (LOI) in Europe for charter of future sea-going FSUs that combine small scale LNG shipping, storage, and regasi-fication needs, cutting costs for industrial and maritime LNG fuel buyers.

NEWSNUDGE Gail scraps tenderIndias gas utility Gail has re-portedly cancelled a tenderbuild nine LNG carriers due tothe lack of response before the17 February expiry date, ac-cording to the TradeWinds re-port. The sticking point in theinitial tender was reportedlybuilding some LNG-carrier new-builds in the country as a wayto create a new Indian LNGshipyard. A revised tender isnow being discussed.

Magnolia LNG gets waterway okayThe United States Coast Guardissued a letter of recommenda-tion to US regulatory body FERCin response to a letter in re-spect to the terminal owned byAustralian Liquefied NaturalGas Limited (LNGL) inLouisiana, Magnolia LNG. Theletter states the CalcasieuRiver Ship Channel, that a wa-terway in the Louisiana is suit-able for LNG marine traffic.The proposal for Magnolia LNGforsees using not only LNG car-riers for export but also bargesfor domestic distribution andpossibly LNG bunkering.

Wrtsil and Cryonormjoin on inland LNG fuelhandlingFinnish LNG propulsion equip-ment provider Wrtsil andDutch cryogenic vaporizermanufacturer Cryonorm Sys-tems, which has supplied an in-land LNG barge, agreed toform a consortium to deliverLNG systems for use on Inlandwaterways in EuropeThe part-ners have already developedstandards for both newbuildand retrofit installations, of-fering a low-cost, standard fuelhandling packages that can bebuilt within the same time-frame as LNG-fuelled vesselsthemselves.

Director of Kanfer Shipping, Stig Hagen


The companies plan to developnecessary infrastructure in BalticSea to serve the marine LNG fuelmarket, including possibly devel-oping an LNG bunkering vessel.

The bunkering vessel wouldprovide LNG bunkering services toships, as well as supply feed theLNG reloading station in Klaipeda,and Bomin Lindes LNG bunkeringterminals.

Linde which is building an LNGterminals in the German ports cityof Hamburg, also plans to buildLNG terminals in the Baltic Sea.

Klaipedos Nafta plans to build

an on-shore small-scale LNG re-loading station in the port ofKlaipeda which will be able tooffer small-scale LNG services fortrucks in LNG the Baltic States andin Poland.

Bomin Linde LNG will become auser of the Klaipeda LNG terminaland book regulated LNG reloadingcapacities in order to use the fa-cility as the regional break-bulkinghub for the Baltic Sea.

EU funding break bulkThe Lithuanian terminal operatorbegan operations at Klaipeda LNG

in January, which incorporates theHegh LNGs FSRU Indepen-dence. The terminal providesLNG regasification and reloadingservices on a third-party-accessbasis.

Klaipedos Nafta said it has se-cured EU funding for the on- shoreLNG infrastructure development.

Managing director at BominLinde Mahinde Abeynaike said,We consider this partnership tobe an important milestone in thedevelopment of an efficient sup-ply of LNG to ports at the BalticSea.

Mantas Bartuska, the GeneralManager of Klaipedos Nafta said,Today we are very glad that wehad signed the MOU with one ofthe main LNG market players inthe LNG world. This MOU shows

that the market leaders are start-ing to work on new LNG businessMOU in the Baltic Sea which areenabled by the successful commis-sioning of the Klaipeda LNG termi-nal in the last months of 2014.

Bomin Linde in Baltic LNG bunker ship studyFull-service LNG bunker provider Bomin Linde LNG, a joint venture of German gas supplier and engineeringmultinational Linde and UK fuel wholesaler Mabanaft, has joined with Lithuanian state-owned operator ofKlaipedos LNG terminal, Klaipedos Nafta on supply of LNG-as-fuel.

Source: Linde

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This MOU shows that the market leaders are starting to work on new LNG business

MOU in the Baltic Sea...

The guidelines, covering LNGbunkering hazards and safety sys-tems, were put together by aworking group that consisted ofrepresentatives from SGMF mem-bers including the Swedish Mar-itime Authority, Shell, MOL Group,Lloyds Register, DNV GL, Norwe-gian Maritime Authority, AlkaneMarine and IAPH.

While there are two main in-terfaces in LNG bunkering thecommercial interface between theLNG supplier and the bunker deliv-erer, and the bunker delivererand the receiving ship theguidelines only cover the finalconnection to the ships manifold.

They outline detailed proce-dures using several bunkering in-terfaces, from Shore-to-Ship,Truck-To-Ship (TTS), Ship-to-Ship(STS), and cassette bunkering.

Establish responsibilityIt is recommend that prior tooperations, bunkering players likeship owners and fuel suppliers ensure there are certain rules in place.

All companies need to ensure athird-party regulating authority isin place to define the minimumsafety requirements and developthe LNG procedures they shouldmeet. They also need to appoint aPerson In Charge (PIC) of the

bunkering operation, agreed be-tween all parties before bunkeringoperations begin.

Mooring agreements should en-sure ship masters or players checkfor all kinds of risky port condi-tions and ensure mooring equip-ment is maintained.

Avoid loss of containmentSeveral kinds of fires createdwhen leaks occur, and their likelydamage to infrastructure, is out-lined in detail.

To avoid leaks, players shouldhave procedures to check for gasleak hazards in the three main sit-uations. First they should inspectfor component failure due to per-sonnel mishandling of hoses, con-nections, and hard arms.

Second, thermal valves on allpipe sections should be used toensure that LNG is not trappedanywhere in an isolated pipe.When this happens heated, rapidlyexpanded gas, for example pres-sures of 70 Bar(g), is enough toburst pipes.

Third, to prevent cargo tankrupture when loading LNG into anystorage tank, the filling levelshould be no more than 98% ofstorage tank capacity according to the following Loading Limit formula: Loading Limit= (98% * relative density of fuel at the

reference temperature) / relativedensity of fuel at the loading temperature.)

As far as limiting risk of cargotank rupture likely to result in afireball, the guidelines recom-mend using pressurized, vacuum-insulated LNG tanks to lower risk.

There also is tank and pipe rup-ture risk when mixing LNG fuelwith different quality levels withinan LNG tank, or in contaminatedLNG bunker lines, so the guide-lines refer all players to guidancein the Society of International GasTanker Operators (SIGTTO) publi-cation, Prevention of Rollover andStratification in LNG ships.

Prevent ship damageLNG-fuelled ships and LNG bunkerships and retrofits should includedesign features so ship parts po-tentially coming into contact withthe LNG fuel dont fracture.

These parts should be made ofstainless steel and aluminium astraditional ship steel will becomebrittle or cause hairline fractures(pictured).

The guidelines say, Brittlefractures can cause structural fail-ure and allow LNG to enter areasinside the ship, leading to the for-mation of a flammable or explo-sive atmosphere inside the vessel.

While water curtains can beused to protect steel structuresfrom small leaks of LNG in certaincircumstances, they are not de-signed to protect against largeleaks of LNG, particularly if theleakage is under pressure and di-rected at the steel structure.

It gives a full range of equip-

ment to be used and maintainedto protect all surrounding equip-ment from fracture, including in-sulation blankets, personalprotection equipment (PPE) madeof cotton, gas detection systemsfor the bunkering station, watercurtains, drip trays.

Burn treatment procedureThe risk of cryogenic burns to em-ployees skin mean they shouldnever touch cryogenic pipework,even when wearing Personal Pro-tection Equipment (PPE). Cryo-genic burn treatment involvesimmediately heating with otherskin, for example covering theheated body part with a hand or inan armpit for up to 60 minutes, orinstead a blanket or with water upto 42C. Rubbing skin with LNGon it can cause wounds and avoidimmersion in water over 45C in temperature.

SGMF publishes LNG bunkering guidelinesThe first edition of the Society for Gas as a Marine Fuels (SGMF) LNG Bunkering Safety Guidelines was released on February 18 to provide the LNG bunkering industry with practices that ensure gas-fuelled ships are re-fuelled safely and reliably.

Mooring agreements should ensure ship masters or players check for all kinds

of risky port conditions and ensuremooring equipment is maintained.

5 March 2015 LNG Shipping News NEWS 5

SGMF says its a critical time forthe industry to have reliableguidelines.

An example of a steel fracture caused by improper LNG handlingSource: SGMF


10 small carriers TBN?** 5000? LNG 2015 Bimantara Group

Akebono Maru 3,556 LNG 2011 Japan Yes Chuo Kaiun

Aman Bintulu 18,928 LNG 1993 Malaysia - Japan Yes Perbadanan/NYK

Aman Hataka 18,800 LNG 1998 Malaysia - Japan Yes Perbadanan/NYK

Aman Sendai 18,928 LNG 1997 Malaysia - Japan Yes Perbadanan/NYK

CETS TBN 30,000 LNG 2015 China Yes CETS (CNOOC)

CME TBN 2,200 LNG 2016 US Coast Yes CME

Coral Anthelia 6,500 LNG/Ethylene 2013 Anthony Veder

Coral Energy 15,600 LNG Ice Class 1A 2012 Northwest Europe/Baltics Yes Anthony Veder

Coral Methane 7,551 LNG/LPG/Ethylene 2009 Northwest Europe/Baltics Yes, sometimes Anthony Veder

Coralius 5,800 LNG Ice Class 1A Feb 2017 Northwest Europe/Baltics Yes, for Skangass Anthony Veder

Dalian TBN 27,500 LNG March 2015 China Yes Dalian Inteh Group

Evergas TBN 27,500 LNG/Ethylene 2015 Markus Hook - Rafnes Ethane, for Ineos Evergas








Jahre TBN** 6,200 LNG 2015? Norway Yes Donsotank/Jahre Marine AS

JX Energy TBN 2,500 LNG 2013 Japan Yes JX Energy

Kakurei Maru 2,536 LNG 2008 Japan Yes Hogaki Zosen

Kakuyu Maru 2,500 LNG 2013 Japan Yes Tsurumi Sunmarine

Kayoh Maru 1,517 LNG 1988 Japan Yes Daiichi

LNG Barge TBN 3,000 LNG Barge 2015 US Coast Yes LNG America

LNG bunker barge 1? 2,250 LNG 2015 China Yes Anhui Huaqiang Natural Gas



LNG Inland bunker** 800 LNG 2015 Germany Yes Veka

LNG Prime 2,250 LNG Inland Barge 2016 Northwest Europe Yes Veka Deen LNG

LNG-Oil combi** 2,000 LNG 2014? Germany Yes Veka

Navigator TBN 35,000 Ethane/Ethylene April 2016 Markus Hood - Stenungsund Ethane, for Borealis Navigator

Navigator TBN 35,000 Ethane/Ethylene 2017 US Ethane Navigator



Norgas Bahrain Vision 12,000 LNG/LPG/Ethylene 2011 Worldwide No Norgas Carriers

Norgas Conception 10,000 LNG/LPG/Ethylene 2011 Worldwide No Norgas Carriers

Norgas Creation 10,000 LNG/LPG/Ethylene 2010 Worldwide No Norgas Carriers

Norgas Innovation 10,000 LNG/LPG/Ethylene 2010 Worldwide No Norgas Carriers

Norgas Invention 10,000 LNG/LPG/Ethylene 2011 Worldwide No Norgas Carriers

Norgas TBN** 17,000 LNG/LPG/Ethylene 2015 Worldwide Norgas Carriers

Norgas TBN** 17,000 LNG/LPG/Ethylene 2015 Worldwide Norgas Carriers

Norgas Unikum 12,000 LNG/LPG/Ethylene 2011 Worldwide No Norgas Carriers

North Pioneer 2,500 LNG 2005 Japan Yes Japan Liquid Gas

NYK Bunker barge TBN 5,100 LNG 2016 Northwest Europe Yes NYK

Ocean Yield TBN 36,000 Ethane/Ethylene 2016 US - Teeside Ethane, for Sabic Gaschem Services



PetroChina TBN 30,000 LNG March 2015 China PetroChina

Pioneer Knutsen 1,100 LNG 2003 Norway Yes Knutsen

Seagas 187 LNG Barge 1974 Sweden Yes AGA

Shell Bunker Barge TBN 1 6,500 LNG Barge 2016 Northwest Europe Yes Anthony Veder? / Shell?




Shinju Maru No.1 2,540 LNG 2003 Japan Yes Shinwa

Shinju Maru No.2 2,540 LNG 2008 Japan Yes Shinwa

Short Sea LNG Tanker ** 4,000 LNG 2014? Germany Yes Veka

Sun Arrows 19,531 LNG 2007 Malaysia - Russia - Japan Yes Mitsui

Surya Aki 19,475 LNG 1996 Indonesia - Japan Yes MCGC

Surya Satsuma 23,096 LNG 2000 Indonesia - Japan Yes MCGC

TBN 14,000 LNG Aug 2015 China Yes Zhejiang Huaxiang

TBN 1 27,500 LNG 2015 China? Danyang?



Yuan He 1 30,000 LNG 2015 China Yes CSR

WORLD SMALL SCALE LNG FLEET*Name CBM Cargo Type Built Trading area Trading in LNG? Ship Owner / Operator

For more information please visit http://small-lng.com

*Includes multi-gas, ethylene and LNG bunker ships with 40,000 cubic metres LNG cargo capacity or less

TBN = To Be Nominated indicates ships are still at construction/planning stage

** = project shelved ?=Data to be verified Data last updated = March 4, 2015

Clean Horizon Hyundai Heavy TZ Mk. III TFDE 162000 Q1-15 Dynagas 2566 Dynagas

Gaslog Salem Samsung TZ Mk. III TFDE 155000 Q1-15 Gaslog 2044 CERES

SCF Mitre STX O&S GT NO 96 TFDE 170200 Q2-15 Shell Portfolio Sovcomflot 1913 Sovcomflot

BW Pavilion Leeara Hyundai Heavy TZ Mk. III TFDE 161880 Q2-15 BW Gas 2572 BW

Maran Gas Sparta Hyundai Samho TZ Mk. III TFDE 161870 Q2-15 BG Portfolio MaranGas S626 Maran Gas Maritime

Osaka Gas NB-3 Mitsubishi H.I. Moss STRH 153000 Q2-15 Osaka Gas Mitsui OSK / Osaka Gas / 2311 MOLKyushu

Osaka Gas NB-2 Mitsubishi H.I. Moss STRH 153000 Q2-15 Osaka Gas Mitsui OSK / Osaka Gas 2296 MOL

Clean Vision Hyundai Heavy TZ Mk. III TFDE 162000 Q2-15 Dynagas 2567 Dynagas

Maran Gas Lindos DSME GT NO 96 TFDE 159800 Q2-15 BG Portfolio MaranGas 2292 Maran Gas Maritime

Golar Kelvin Hyundai Samho TZ Mk. III TFDE 162000 Q2-15 Golar LNG S659 WilhelmsenGolar

Maran Gas Mistras DSME GT NO 96 TFDE 159400 Q2-15 BG Portfolio MaranGas 2405 Maran Gas Maritime

Southern Cross Hudong Membrane SSD 170000 Q2-15 PNG / Gorgon Mitsui OSK H1671A MOL

Hoegh NB-4 FSRU Hyundai Heavy TZ Mk. III TFDE 170000 Q2-15 Hegh LNG 2251 Hegh LNG

Cool Explorer Samsung TZ Mk. III TFDE 160000 Q2-15 Thenamaris 2049 Bernard Schulte

AMADI Hyundai Heavy TZ Mk. III TFDE 154800 Q2-15 Brunei Fleet Brunei Gas Carriers 2607 STASCO

Petronas FLNG NB DSME GT NO 96 FLNG 180000 Q2-15 Petronas FLNG Petronas 6302 TBD

Maran Gas Troy DSME GT NO 96 TFDE 159800 Q2-15 BG Portfolio MaranGas 2406 Maran Gas Maritime

Asia Endeavour Samsung TZ Mk. III TFDE 160000 Q2-15 Chevron Portfolio Chevron 1942 Chevron Shipping(Chevron NB-4)

Maran Gas Alexandria Hyundai Samho TZ Mk. III TFDE 161870 Q3-15 BG Portfolio MaranGas S627 Maran Gas Maritime

Maran NB-13 Hyundai Samho TZ Mk. III TFDE 174000 Q3-15 BG Portfolio MaranGas S688 Maran Gas Maritime


LNG Bonny (NLNG NB-1) Samsung TZ Mk. III TFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2076 BGT

BW Singapore Samsung TZ Mk. III TFDE 170000 Q4-15 BW Gas 2074 BW Gas

Energy Atlantic STX O&S GT NO 96 TFDE 160000 Q4-15 Alpha 1670 TBD

Beidou Star Hudong Membrane SSD 170000 Q4-15 PNG / Gorgon Mitsui OSK H1672A MOL

Golar Tundra Samsung TZ Mk. III TFDE 154948 Q4-15 Gas Atacama FSRU Golar LNG 2056 WilhelmsenGolar

LNG Lagos (NLNG NB-2) Hyundai Heavy TZ Mk. III TFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2637 BGT

NLNG NB-3 Samsung TZ Mk. III TFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2077 BGT

Chubu NB-3 Kawasaki Moss TFDE 164700 Q4-15 Chubu Electric K-Line 1713 K-Line

Chevron NB-5 Samsung TZ Mk. III TFDE 160000 Q1-16 Chevron Portfolio Chevron 2069 Chevron Shipping

Shell NB-1 Samsung TZ Mk. III FLNG 225000 Q1-16 Shell FLNG Shell 2030 STASCO

Sinopec NB-1 Hudong Membrane TFDE 174000 Q1-16 APLNG China Shipping Group H1715A TBD/ Mitsui OSK


Maria Energy Hyundai Heavy TZ Mk. III TFDE 170000 Q1-16 Tsakos 2612 TBD

Teekay NB-1 DSME GT NO 96 MEGI 173400 Q1-16 Cheniere Teekay LNG 2407 Teekay LNG


MOL PNG NB-4 Hudong Membrane SSD 170000 Q1-16 PNG / Gorgon Mitsui OSK H1673A MOL

NLNG NB-5 Hyundai Heavy TZ Mk. III TFDE 170000 Q2-16 Nigeria LNG Bonny Gas Transport 2637 BGT

Chubu NB-4 Kawasaki Moss TFDE 164000 Q2-16 MOL K-line 1720 K-Line

Sovcomflot NB 1 DSME GT NO 96 TFDE - Azipod 172410 Q2-16 Yamal LNG Sovcomflot 2418 Sovcomflot

Maran NB-16 DSME GT NO 96 TFDE 173400 Q2-16 BG Portfolio MaranGas 2412 Maran Gas Maritime

Teekay NB-2 DSME GT NO 96 MEGI 173400 Q2-16 Cheniere Teekay LNG 2408 Teekay LNG


Kansai NB-1 Kawasaki Moss TFDE 164700 Q2-16 Kansai Kansai / NYK 1712 NYK


Chevron NB-6 Samsung TZ Mk. III TFDE 160000 Q2-16 Chevron Portfolio Chevron 2070 Chevron Shipping

Teekay NB-1 Shell DSME GT NO 96 MEGI 173400 Q3-16 Teekay LNG 2417 Teekay LNG

Gaslog NB 2073 Samsung TZ Mk. III TFDE 173400 Q3-16 BG Portfolio Gaslog 2073 CERES

Maran NB-16 DSME GT NO 96 TFDE 173400 Q2-16 BG Portfolio MaranGas 2412 Maran Gas Maritime

Maran NB-17 DSME GT NO 96 MEGI 174000 Q3-16 BG Portfolio MaranGas 2414 Maran Gas Maritime




Uruguay FSRU DSME GT NO 96 TFDE 263000 Q3-16 Uruguay FSRU Mitsui OSK TBN MOL

Maran NB-18 Hyundai Samho TZ Mk. III TFDE 174000 Q3-16 MaranGas S735 Maran Gas Maritime

Knutsen OAS 1 Hyundai Heavy TZ Mk. III MEGI 176000 Q3-16 Gas Natural KOAS 2733 0

KLC NB1 DSME GT NO 96 TFDE 174000 Q3-16 0 Korea Line Corporation 2449 0

Maran NB-17 DSME GT NO 96 MEGI 174000 Q3-16 BG Portfolio MaranGas 2414 Maran Gas Maritime

Inpex NB-3 Mitsubishi H.I. Moss STRH 164000 Q4-16 0 K-line 1729 K-Line

Ichtys NB-1 Kawasaki Moss TFDE 182000 Q4-16 Ichtys LNG K-Line 1718 K-Line

Maran NB1 BG DSME GT NO 96 MEGI 173400 Q4-16 MaranGas 2456 Maran Gas Maritime

SK NB1 MEGI Samsung KC-1 TFDE 174000 Q4-16 0 SK Shipping 2153 0


BW Gas NB-4 FSRU Samsung TZ Mk. III TFDE 170000 Q4-16 BW Gas 2118 BW

Petronas NB-2 Hyundai Heavy Moss STRH 150000 Q4-16 Petronas Fleet Petronas 2730 MISC

KLC NB2 DSME GT NO 96 TFDE 174000 Q4-16 0 Korea Line Corporation 2450 0

Knutsen OAS 2 Hyundai Heavy TZ Mk. III MEGI 176000 Q4-16 Gas Natural KOAS 2734 Knutsen OAS


SK Marubeni NB-1 Samsung TZ Mk. III XDF 180000 Q4-16 Total Portfolio SK Shipping / Marubeni 2081 SK Shipping

Petronas NB-1 Hyundai Heavy Moss STRH 150000 Q4-16 Petronas Fleet Petronas 2729 MISC

SK NB2 MEGI Samsung KC-1 TFDE 174000 Q4-16 0 SK Shipping 2154 0


SK Marubeni NB-2 Samsung TZ Mk. III XDF 180000 Q1-17 Total Portfolio SK Shipping / Marubeni 2080 SK Shipping

Sinopec NB-4 Hudong Membrane TFDE 174000 Q1-17 APLNG China Shipping Group / Mitsui OSK H1718A TBD

WORLD LNG CARRIER ORDERBOOKName Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit



DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit

Hyproc. NB1 Hyundai Heavy Industries TZ Mk. III TFDE 170000 Q1-17 0 Hyproc 2813 0

Petronas NB-3 Hyundai Heavy Moss STRH 150000 Q1-17 Petronas 2731 MISC

Hyundai LNG DSME GT NO 96 TFDE 174000 Q1-17 0 Hyundai LNG Shipping TBN 0Shipping NB1

Flex NB-1 Samsung TZ Mk. III MEGI 174000 Q1-17 Flex LNG 2107 TBD




Hoegh NB-5 FSRU Hyundai Heavy TZ Mk. III TFDE 170000 Q1-17 Available Hegh LNG 2252 Hegh LNG

Hyproc. NB2 Hyundai Heavy TZ Mk. III TFDE 170000 Q1-17 0 Hyproc 2814 0

Hyundai LNG DSME GT NO 96 TFDE 174000 Q1-17 0 Hyundai LNG Shipping TBN 0Shipping NB2

Flex NB-2 Samsung TZ Mk. III MEGI 174000 Q1-17 Flex LNG 2108 TBD

Kansai NB-2 Mitsubishi H.I. Moss STRH 155300 Q2-17 Kansai Kansai / Mitsui OSK 2299 MOL

Inpex NB-1 Mitsubishi H.I. Moss STRH 155300 Q2-17 Ichtys LNG K-Line / Inpex 2310 K-Line

Tokyo Gas | MOL NB-1 JMU IHI SPB TFDE 165000 Q2-17 0 MOL/NYK 5070 MOL/NYK

Teekay NB1 Hudong GT No 96 TFDE 174000 Q2-17 0 Teekay/CETS/CLNG H1663A Teekay

JF NB 1 DSME GT NO 96 MEGI 172400 Q2-17 John Fredriksen 2447 0

Sinopec NB-5 Hudong Membrane TFDE 174000 Q2-17 APLNG China Shipping Group / Mitsui OSK H1719A TBD


BG - Teekay NB2 Hudong GT No 96 TFDE 174000 Q2-17 0 Teekay/CETS/CLNG H1664A Teekay


Inpex NB-2 Mitsubishi H.I. Moss STRH 153000 Q3-17 0 K-line 1728 K-Line


Tokyo Gas | NYK NB-2 JMU IHI SPB TFDE 165000 Q3-17 0 MOL/ NYK 5071 MOL/NYK

JF NB 2 DSME GT NO 96 MEGI 172400 Q3-17 John Fredriksen 2448 0


BG - Teekay NB3 Hudong GT No 96 TFDE 174000 Q3-17 0 Teekay/CETS/CLNG/BW H1665A Teekay

Elcano 1 Imabari TZ Mk. III MEGI 178000 Q3-17 Gas Natural Elcano 8177 Elcano

Gaslog NB 2130 Samsung TZ Mk. III XDF 174000 Q3-17 GasLog 2130 CERES


Gaslog NB 2800 Hyundai Heavy TZ Mk. III XDF 174000 Q3-17 GasLog 2800 CERES

MOL - CSDC NB 2 2426 DSME GT NO 96 TFDE - Azipod 172410 Q3-17 Yamal LNG MOL/CSDC 2426 MOL



Teekay - CLNG NB1 2423 DSME GT NO 96 TFDE - Azipod 172410 Q4-17 Yamal LNG Teekay/CLNG 2423 Teekay LNG

Elcano 2 Imabari TZ Mk. III MEGI 178000 Q4-17 Gas Natural Elcaon 8188 Elcano


Teekay - CLNG NB2 DSME GT NO 96 TFDE - Azipod 172410 Q4-17 Yamal LNG Teekay/CLNG 2425 Teekay LNG

Gaslog NB 2131 Samsung TZ Mk. III XDF 174000 Q4-17 GasLog 2131 CERES

BW NB 1 2436 DSME GT NO 96 MEGI 173000 Q4-17 BW Gas 2436 BW Gas

BG - Teekay NB4 Hudong GT No 96 TFDE 174000 Q4-17 0 Teekay/CETS/CLNG/BW H1666A Teekay

MOL - CSDC NB 1 2424 DSME GT NO 96 TFDE - Azipod 172410 Q4-17 Yamal LNG MOL/CSDC 2424 MOL

Mitsui NB-1 Kawasaki Moss TFDE 155000 Q1-18 Cameron MOL 2017 NYK

Mitsui Cameron-1 Mitsui Chiba Moss STRH 180000 Q1-18 0 MOL TBN MOL

Mitsui Cameron-2 Mitsui Chiba Moss STRH 180000 Q1-18 0 MOL TBN MOL

Mitsui Cameron NB-1 Samsung TZ MK. III TFDE 174000 Q1-18 Cameron NYK 2316 NYK

BP NB1 MEGI DSME GT NO 96 MEGI 173400 Q1-18 0 BP 2442 BP Shipping

Gaslog NB 2801 Hyundai Heavy TZ Mk. III XDF 174000 Q1-18 GasLog 2801 CERES




Mitsui Cameron NB-2 Samsung TZ MK. III TFDE 174000 Q1-18 Cameron NYK TBN NYK


BW NB 2 DSME GT NO 96 MEGI 173000 Q2-18 BW Gas 2435 BW Gas

MOL E.On. DSME GT NO 96 0 179900 Q2-18 0 MOL TBN MOL

Mitsui NB-2 Kawasaki Moss TFDE 155000 Q2-18 Cameron MOL 2018 MOL


TEPCO NB-3 Mitsubishi H.I. Moss STRH 153000 Q2-18 Ichtys LNG NYK 2313 NYK

TEPCO NB-2 Mitsubishi H.I. Moss STRH 153000 Q2-18 0 NYK 2312 NYK


MOL - CSDC NB 3 DSME GT NO 96 TFDE - Azipod 172410 Q2-18 Yamal LNG MOL/CSDC 2432 MOL



Mitsui Cameron NB-3 Samsung TZ MK. III TFDE 174000 Q2-18 Cameron NYK TBN NYK




Mitsui & Co Mitsubishi H.I. Moss StaGE 177000 Q4-18 Cameron Mitsui & Co TBN 0

Sinopec NB-7 Dalian S.I. (DSIC) Membrane 0 174000 Q4-18 APLNG Sinopec TBN 0

Teekay DSME GT NO 96 MEGI 173400 Q4-18 Teekay LNG TBN Teekay LNG




Mitsui & Co Cameron NB2 Mitsubishi H.I. Moss StaGE 177000 Q1-19 Cameron Mitsui & Co TBN 0

Sinopec NB-8 Dalian S.I. (DSIC) Membrane 0 174000 Q1-19 APLNG Sinopec TBN 0


Name Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

Documents

49 Lng Shipping News March 5