Nakilat has completed the first phase of taking vessel management of its fleet of LNG carriers with the 10th LNG carrier coming under its under wing. Nakilat Shipping Qatar Ltd (NSQL), a subsidiary of Nakilat and Shell International Trading and Shipping, has taken over the management Q-Max 266,370 cu m LNG carrier Al Mafyar from Shell, the 10th vessel to change management over the last 10 months. Until 10 months Shell provided management for Nakilat’s fleet including 14 Q-Max and 11 Q-Flex LNG carriers.
In its recent five-year outlook on petroleum products, ESAI Energy examines the implementation of the IMO 0.5 percent sulphur content cap on bunker fuels, which is slated to take effect globally in 2020. If implemented as currently planned, the regulations will destroy 1.2 million b/d of fuel oil demand and create a similar amount of marine gasoil demand. Despite a steep reduction in fuel oil demand, non-compliance, waivers, and to a lesser extent the adoption of exhaust scrubbers, will drive the continued consumption of large volumes of high sulphur bunker fuel oil in the years after 2020.
Teekay LNG is breaking new ground, preparing to operate six LNGC newbuildings in the Russian Arctic. Since February 2015, the Teekay project task force has been preparing, learning about 21 types of ice, several thousand hungry polar bears and how reinforced bin-bags and a (non-metal) dustpan and brush can help you to survive if you abandon ship and are stranded on the ice, waiting to be rescued. The team is working to prepare, kit out and train officers and crew to work on the company’s six Arc 7 ice-class LNG carriers that will load cargoes from Yamal LNG at Sabetta in the Russian Arctic.
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