Introduction
Day 1, April 25, 2006:
LNG Shipping Capacity - Where Are Charter Rates Headed?
Charter rates for LNG ships have been bouncing from
$20,000 per day to $100,000 per day as new liquefaction
trains come online (26 million metric tons in 2005)
and transport capacity lurches as each new ship arives.
WIth the Chinese now entering construction, Koreans
have a new LNG ship competitor. What has caused this
surplus? How long will it last? Where might rates head
as new trains come on stream in Norway, Egypt, Qatar
and Australia? These are some of the questions posed
before this workshop.
Day 2, April 26, 2006: Opening
New LNG Markets through the Safe and Commercial Transfer
of Cargoes from Ship to Ship
One of the most interesting innovations for the
LNG industry this year could be the development of the
technology and proceedures to routinely transfer LNG
cargo from one ship to another. Such leading technologists
as Technip, Exmar and Excelerate are getting close to
having fully functionable equipment and demonstrations
in place. They have completed a trial to connect cryogenic
hose between the couplings of two free-floating full-sized
carriers. Should they prove successful, they will be
ready to transfer LNG from conventional carriers to
regas ships serving undersea buoys or barges serving
mini terminals.
This workshop will review the potential benefits to
import markets of transfering LNG cargoes, safety and
technical issues, the current activities by such pioneering
firms as Technip and Höegh LNG, and the likely
timeline for full-scale commercial operation.
Please contact
at 713-952-9500.
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