• 2018 June 13 09:52

    LNG Conference 2018 concludes in Helsinki

    Around 80 delegates gathered in Helsinki during last week’s LNG Conference 2018, to discuss the state of the industry, innovative tech and LNG in comparison to other alternative fuels among other topics. The event, hosted by Port of Helsinki and Tallink, was held on 7-8/6/2018 at the Helsinki City Hall and onboard Tallink’s LNG fueled “Megastar” ferry.

    The event, divided into two days, tackled a wide spectrum of topics currently relevant to the development of the LNG market in Europe and the Baltic, while at the same time taking into account the situation on the global scene.

    DAY 1 kicked off with an opening speech by Ville Haapasaari, CEO of the Port of Helsinki, underlining the need for LNG to be comprehensively available. This is especially important, considering the complexity of the fuel market’s future, with a multitude of solutions being available and many stakeholders still undecided as to which path they should take. Therefore, standards must be set well above the minimum level.

    Eero Vanaale of Royal HaskoningDHV, the moderator for the day, was next to take the stage and deliver the first keynote speech. He presented a detailed market overview, taking into consideration the shifts in demand and supply. Should the market continue growing at the projected pace, we might see an undersupply in mid 2020s, with trade expansion driven by projects in countries such as the US, Quatar, Mozambique or Russia.

    According to Chart Industries, the growing energy demand will pose a chance for the LNG industry and allow it to play a significant role. Still, it remains difficult to foresee how governments and countries will respond to new LNG projects, making it one of the key risks for new enterprises.

    LNG bunkering was also mentioned, in particular the fact that it isn’t really a game changer. A view shared by many of the speakers, including Mark Bell of SGMF, stating that the maritime industry, which has been considering LNG as a possible future fuel for a while now, is but a small dot on the world LNG agenda.

    Speaking of the maritime sector, there is significant momentum expected with oil tankers and cruise ships shifting to LNG as fuel, according to GTT’s findings. IMO’s Sulphur Cap 2020 is certainly having an impact on the seafaring industry and shipowners, as is the broader access to LNG supply.

    Safety was another key item in many of the presentations, among them Skangas’. In an examination of the intricacies of designing a small scale LNG supply chain, safety, cost efficiency and stability were named as the most important factors. The need for more off-take has been cited, in order to validate further development, with an increase in throughput necessary to continue cutting costs. 

    LNG bunkering guidance was the topic of EMSA’s presentation, elaborating on the topic of safety of bunkering operations. A number of challenges linked to the preparation of such a document has been stated, as well as the fact that risk assessment has to be as independent as possible from various LNG solutions. An increase in safety has been promised in Valmet Automation’s speech, demonstrating their all-in-one system for enhancing bunkering operations. The system’s target is to cut costs and raise security levels, thus making LNG more affordable.

    After a wonderful evening cocktail, the delegates boarded Tallink’s LNG fueled “Megastar” ferry for the second day of the conference. Representatives of Tallink started the day sharing with the audience their experience with bunkering operations and ways to optimize the process. Tallink’s LNG supplier, Eesti Gaas, was also there to offer an insight into their future plans.

    Before embarking on the study tour, which took the participants to the ship’s engine room and bunkering station, the delegates had a chance to take a closer look at a LNG behavior tools suite, designed for small scale LNG applications and developed by ENGIE.

    The day ended with an examination of the difficulties and challenges still ahead of the maritime industry in its quest to employ LNG as fuel on a much broader scale. The presentation, delivered by Containerships, was followed by a representative of Deltamarin, offering one possible solution, namely retrofitting of ships. While it can certainly pose a valid strategy for many shipowners, there are issues that need to be taken into consideration, one of them being the space taken up by the LNG installation.

    The conference, organized by Actia Forum, was sponsored by Skangas, GTT, GMA Petroleum, Stirling Cryogenics, Novatek Poland, Chart Industries and Valmet Automation.




2018 October 21

07:52 COSCO SHIPPING starts shipment of Toyota exhibits

2018 October 20

08:47 Boskalis, Van Hattum en Blankevoort and Mobilis construct deep-sea quay for the new HES Hartel Tank Terminal at Maasvlakte
08:10 Navios Partners announce filing of F - 1 for direct listing of Navios Containers
08:06 Maersk Line increases FAK rates for Northern Europe to Middle East and ISC trade
08:04 U.S. Navy contracts Austal to order materials for EPF 13
07:44 EU Commission launches the European Network of U-space Demonstrators

2018 October 19

18:42 ABN AMRO, Samsung SDS and the Port of Rotterdam Authority launch container logistics blockchain pilot
18:07 Stena Line's battery hybrid vessel completes its first month of operation
17:56 ABN AMRO, Samsung SDS and Port of Rotterdam Authority launch container logistics blockchain pilot
17:35 Port of Gdansk participated in the CILF 2018 fair in China
17:11 Gdansk pays a visit to Singapore
16:57 Testbed established for Internet of Ships Open Platform
16:48 Finland’s Water Transport Act aims to improve safety and increases preparedness for the future
16:26 World’s largest LNG bunker supply vessel “Kairos” started its voyage to Europe
16:04 KN will motivate its employees with the company's shares
15:42 New Falck training centre on the Maasvlakte officially openes
15:20 Seimas members visiting Klaipėda discussed benefits provided by LNG terminal
14:59 Ukraine plans dredging of 16.33 million cbm of material in 2019
14:37 UN agencies delivering on maritime security
14:15 Hapag-Lloyd starts new Red Sea service
14:00 Atomflot: shipments from Arctic LNG and Yamal LNG to be assisted by diesel and gas powered icebreakers
13:31 MOL's newbuilt LNG carrier "MARVEL EAGLE" to transport LNG from Cameron project in U.S.
13:11 NIBULON Shipbuilding and Repair Yard launches POSS-115 Project tug
13:05 BigLift Barentsz sails Northern Sea route for Pioneering Spirit
12:48 Glavgosexpertiza approves reconstruction of KSK grain terminal to increase its capacity to 4 million tonnes
12:22 Q&A with ImageSat International released ahead of SMi’s 4th annual Maritime Reconnaissance and Surveillance Technology conference
12:05 FESCO wins tender for supplying Indian Research Stations in Antarctica in 2019
11:43 Competition for designing and construction of LNG-powered icebreaker to be announced in late 2018 - early 2019
11:20 North Sea Giant turns to The Switch EBL technology
10:54 NOVATEK to place four FLNG facilities on the Northern Sea Route
10:31 RF Navy’s major amphibious ship Ivan Gren enters North Sea
10:07 Port of Vancouver closes 2018 cruise season
09:56 Brent Crude futures price up 0.4% to $79.61, Light Sweet Crude – up 0.35% to $68.89
09:38 Tackling maritime emissions - IMO rolls out ship and port toolkits
09:29 Expert forecasts more favorable ice situation on Northern Sea Route for 30 years ahead
09:15 Baltic Dry Index is up to 1,565 points
09:07 Hapag-Lloyd, CMA-CGM and COSCO enhance GEM service - covering Mediterranean with the Middle East / ISC
08:37 Samskip launches Netherlands-Italy multimodal rail service
08:07 SEA\LNG submits open comment on the draft supplemental environmental impact statement for Puget Sound LNG facility
07:20 Van Oord awarded offshore contract for the West White Rose Project

2018 October 18

18:03 VSDV opens new crossdock location in the port of Amsterdam
17:33 The first vessel in Klaveness Combination Carriers next generation of combination carriers named at New Yangzi Shipyard in China
17:17 Cargo transportation via Northern Sea Route can reach 17 million tonnes in 2018
17:03 Savannah container trade up 12 percent in September 2018
16:55 PGRK: sales strategy of Pavlovskoye deposit project is focused on foreign markets
16:33 SITC Logistics Group signs strategic cooperation agreement with Chengdu Port Investment Group and Guangzhou Port Logistics Group
16:03 NYK and Horiba to develop a new sulfur-in-oil analyzer for ships
15:34 Thames freight volume rises by 40% as Thames Vision strategy starts to bear fruit
15:33 Port of Rotterdam Authority and research institute TNO present results of the study at IMO meeting
15:31 Dublin Port volumes grow by 4.7% in first nine months. By year end, 36% growth in just six years
15:03 Chinese Lingang group invests 85 million euros in Zeebrugge inner port
14:47 Practical aspects of LNG bunkering to be discussed at the dedicated conference in Moscow on October 24
14:33 Nouryon, Tata Steel, and Port of Amsterdam partner to develop the largest green hydrogen cluster in Europe
14:24 Bunker prices may change irregular next week amid rising volatility on global fuel market, expert says
14:11 Tallink and Rauma marine constructions sign letter of intent for the construction of new shuttle ferry
14:02 VesselMan and DNV GL team up to offer optimized solution for dry-docking management
13:30 Project Forward paves the way for meeting IMO’s reduction on CO2 emissions
13:14 Equinor’s share saving plan allocates shares
13:02 Damen Shipyards Group and Abu Dhabi Ports sign contract for two Damen ASD Tugs 2411
12:52 Volumes transported by TransContainer’s flatcars and containers grew by 5.1% Y-o-Y to 1.38 million TEUs