A Review of the Nigerian Energy Industry

Two shipbrobrokers join LNG bunkering coalition

LNG vessel

22 June 2018, News Wires — SEA\LNG, an LNG bunkering coalition has been joined by Exeno Yamamizu Corporation and Fearnleys AS as the first shipbroking companies.

The coalition whose membership currently stands at 33 organizations, aims to unite knowledge and expertise from across the LNG value chain, including shipping companies, ports, major LNG suppliers, classification societies, downstream companies, infrastructure providers, shipyards, financial institutions, OEMs, and most recently shipbrokers.

Japan-based shipbroking company, Exeno Yamamizu’s energy department has been responsible for managing LNG-related chartering services for several clients such as utilities, gas companies, trading houses, ship owners and operators, among others since April 2017.

In addition, the energy department is responsible for monitoring the growing demand of LNG as a marine fuel, and for facilitating business development in this emerging market by coordinating information about LNG bunker supply vessels, barges, and loading facilities in Japan and abroad.

Fearnleys, an international shipbroking company providing chartering, sale & purchase, and newbuilding contracting services in almost all shipping sectors, started its involvement in LNG in the late 1960s. Currently, the company has a team of 15 personnel focussed exclusively on LNG, with offices in Japan, Korea, China, Singapore, Oslo, Houston, and London.

SEA\LNG and its member organizations continue to advocate for the need to collaborate, demonstrate, and communicate on key areas such as safety, regulation, emissions, and the economic case, to provide the confidence and demand required for an effective and efficient global LNG value chain by 2020.

  • LNG World News
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