2020 World Class Resources

Tom Sullivan, NorthStar Midstream, USA, details the construction of an articulated tug barge unit that is set to be the largest LNG ATB operating in North America

The Liquefied Natural Gas (LNG) market is globalising as buyers, seller numbers and types expand. Ahead of the LNG Bunkering Summit 2020, Oil and Gas IQ surveyed leading industry professionals on the current state of the LNG market, major growth drivers and key industry trends.

The results have been complied into the following report with additional commentary from Harly Penner, Director Fleet Engineering & Vessel Development, Seaspan Ferries, to highlight new regional opportunities and solutions to industry challenges detailing how they are changing, why, and how participants should react.

Key benefits of downloading the full report: 

• Gain a full understanding of the challenges for LNG bunkering and provide solutions to practically advance the industry past these current hurdles
• Explore new investment opportunities and the development of the LNG market to tackle issues with operational standards and skill development
• Discover how to innovate supply chain processes and infrastructure to advance LNG bunkering on a global scale
• Understand where new regional opportunities lie and analyse where the viability of conversion and retrofitting lies

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As the shipping industry continues to adapt to the impact of IMO 2020, we have witnessed a considerable shift in the adoption of LNG bunkering, which in turn has led to a growth in commercial opportunities across the supply chain. However, questions still persist, notably around long-term viability and alternative marine fuels (AMFs), sustainability and regulation.

Ahead of the Global LNG Bunkering Summit 2020, Oil and Gas IQ collaborated with Mehmet Doymus, Lecturer, Dokuz Eylul University Maritime Faculty, to analyse current shipping regulations, the environmental restrictions of alternative marine fuels, the economic attractiveness of LNG and the increasing global demand for LNG bunkering as a sustainable fuel type.

Key benefits of downloading the full report: 

• Understand the role of LNG in the mix toward 2050 IMO objective
• Explore the benefits and drawbacks of LNG as an alternative marine fuel and discuss the best AMF of the future, 2050 and beyond
• Assess the impact of the new regulations, supply chain processes and infrastructure to advance LNG bunkering on a global scale 

Download the full report now >>