Date | Time | Location | Price* | Registration Deadline** |
10-12 Mar 2025 Register |
8:00-11:00 (London) / 4:00pm-7:00pm (Singapore) |
Zoom: Europe to Asia-Pacific |
USD 2,275 (TDLNGV-VILTAP25-03) |
23 Jan 2025 |
*Prices do not include VAT, GST, or any other local taxes. All applicable taxes will be added to the invoice.
**Please register by the deadline to help us ensure sufficient attendance and avoid postponing the course.
LNG transportation accounts for 10% to 30% of total LNG supply chain costs from upstream gas production through to terminalling and regasification on the import side. It is central, both figuratively and physically, to the LNG supply chain and the safe, efficient execution of LNG supply contracts.
After many years in which LNG trade and shipping have been supply driven, and the proportion of spot and short term deals have been rising, we are currently in a period where gas supply is tight and the LNG sector is being driven by demand. Spot LNG prices this winter in Europe have been particularly high, to the extent that some buyers are now looking again at longer term deals in the search of some stability. In the meantime, these various factors have contributed to increasing volatility in the short term LNG freight markets.
Many see LNG as an important part of the path towards net zero carbon emissions. LNG is currently the front runner in the adoption of alternative fuels for bunkering ships. As a substitute in power generation for the use of coal and oil, natural gas offers distinct advantages in lowering carbon emissions. On the supply side increases in future supplies of LNG from N America and Qatar, in particular, will ensure that trade continues to grow this decade.
New players continue to enter the LNG shipping business and the LNG industry is increasingly looking for more flexible shipping arrangements. Larger ships, innovative ship designs, new containment and propulsion systems have been developed while safety and environmental factors remain foremost considerations in the construction and operation of these vessels.
This a virtual, intensive course run over four days and presented in association with Richardson Lawrie Associates Ltd. It is designed to take participants through all of the commercial, technical, operating, legislative and legal issues affecting the shipment of LNG from export to import terminal. This is accomplished through a combination of presentations and exercises under the direction of expert speakers with extensive experience of the LNG industry and shipping. The aim is to give participants the ability to assess opportunities and manage operational and commercial risks in LNG shipping.
What You Will Learn
Delegates encouraged to attend include commercial and financial specialists, operators, planners and analysts working in shipping companies. In addition, sales, marketing and commercial personnel from LNG producers, suppliers and importers will all benefit. For example, national producer companies, international oil and gas companies, utilities and industrial gas consumers are encouraged to attend. Port authorities and terminal operators, individuals and companies new to the LNG sector, bankers and lawyers advising on LNG and LNG shipping, terminal and supply projects, and regulators and government organisations having an interest in the LNG sector will find the course valuable.
LNG Consumption, Production and Pricing Trends - The Drivers for Shipping
LNG Vessels and the Market
LNG Ship Design and Technical Considerations
LNG Ship Operating Costs
The Evaluation of Shipping Economics and Calculation of Freight Costs
LNG Shipping Contracts
LNG Charter Parties and Shipping Terms in Sales Agreements
Marine Terminal and Cargo Operations
Custody Transfer
LNG as a Bunker Fuel
An Introduction to LNG Freight Futures