Classroom session
05-07 Mar 2024
Houston, USA
Classroom session
09-11 Sep 2024
Oslo, Norway
Classroom session
21-23 Oct 2024
Athens, Greece
Classroom session
18-20 Nov 2024
Singapore
20-22 Feb 2023
London, UK
24-26 April 2023
Stockholm, Sweden
29-31 May 2023
Istanbul, Turkey
Course Summary
DAY 1: Understanding the Small LNG Supply Chain and Shipping Aspects of a Project
Introduction
In the world of energy transportation, small-scale liquefied natural gas (LNG) has become a hot topic. This 3-day course aims to provide an in-depth understanding of the small LNG supply chain and the key shipping aspects of such projects. We will explore the economics, evaluation, and costs associated with small LNG shipping, recent developments in the sector, and the role of various technologies.
Small LNG Shipping Technologies: Type C Tanks and Petchem Ship Owners
One of the recent developments in small-scale LNG shipping is the use of Type C tanks. These tanks are specially designed to transport LNG efficiently and safely. We'll also discuss the involvement of petrochemical ship owners in this dynamic field.
Multi-Product Carriers: A Versatile Solution
Multi-product carriers are a game-changer in the LNG shipping industry. They allow for the transport of various products, including LNG, which enhances flexibility and cost-effectiveness.
Shale Gas: The Driving Force
Shale gas has transformed the global energy landscape. Learn how it is linked to the small LNG sector and what this means for the industry's future.
LNG as Fuel: A Cleaner Alternative
As the world pivots towards cleaner energy sources, LNG as a fuel has gained prominence. We'll discuss the latest advancements and its implications for the shipping sector.
Advances in Design: Enhancing Flexibility
Innovations in ship design have brought about increased flexibility in loading and disporting. We'll delve into these advancements and how they impact the small LNG shipping industry.
Tank Capacities and Ship Capacities
Understanding the capacities of both tanks and ships is crucial. This section will provide insights into the various sizes available in the market.
Demand and Seasonality
Small LNG shipping experiences fluctuations in demand due to seasonality. We'll explore the seasonal patterns and their impact on shipping operations.
Key Success Factors for Leading Players
Multiproduct carriers, long-term T/C contracts, and controlled risk are key success factors. We'll elaborate on the significance of these elements.
New Carriers in the Market
The small LNG shipping market is continuously evolving, with new players entering the scene. We'll discuss the opportunities and challenges associated with these new carriers.
South East Asia’s Demand and Geographical Make-up
South East Asia has a unique demand profile and geographical layout. This section will shed light on the specific characteristics that make this region significant for small LNG shipping.
LNG Infrastructure to Support Small-Scale LNG Shipping
The presence of hubs and receiving terminals is crucial for facilitating small-scale LNG shipping. We'll focus on notable terminals, including the Singapore LNG terminal, and the South China Sea's role in global LNG transport.
Major Producers in the Area
To round off Day 1, we'll explore the major LNG producers in the South East Asian region and their impact on the small LNG shipping sector.
DAY 2: Global Fleet of Small LNG Ships and Availability
Introduction
Having laid the foundation on Day 1, we now turn our attention to the global fleet of small LNG ships. This includes examining the latest designs and developments in the market, chartering options, shipping contracts, and the structure of small-scale LNG projects.
New Designs and Developments
The LNG shipping industry is witnessing constant innovation in ship design. We'll look at the latest trends and technological advancements.
Chartering Small LNG Ships
Chartering plays a vital role in the small LNG shipping sector. We'll discuss the intricacies of chartering and how it affects project logistics.
Small LNG Shipping Contracts and Project Structure
Contracts are the backbone of any LNG project. This section delves into the types of contracts used, including Spot, CoA, and T/C agreements, and their legal implications.
Legal Implications of Each Contract
Understanding the legal aspects of LNG contracts is essential. We'll provide insights into the legal considerations for each contract type.
Exercise on Legal Terms and Negotiation
In a practical exercise, we will explore the negotiation process and the key terms that need to be addressed when entering into small LNG shipping contracts.
DAY 3: Small Scale LNG Floating Units & Power Plants
Introduction
In the final leg of our journey, we'll venture into the world of small-scale LNG floating units and power plants. These innovative solutions have a significant impact on the small LNG shipping value chain.
Small FSRUs and Their Applicability
Floating Storage and Regasification Units (FSRUs) are becoming increasingly popular. We'll discuss their role in supporting small-scale shipping.
FSRUs, FSUs, and FLNGs
We'll explore the concepts of Floating Storage Units (FSUs) and Floating Liquefied Natural Gas (FLNG) facilities, and how they integrate into the LNG supply chain.
FSRPUs: Floating Power Plants
Floating Power Plants (FSRPUs) are a unique concept. We'll dive into the technologies, alternatives, and capabilities of these mobile power generation units.
Complete On-Hands Exercise
To conclude our journey, we'll engage in a practical exercise that includes supply chain design, cost calculations, logistics alternatives, applicable contracts, and sample contract designs and negotiations.
Conclusion
Small-scale LNG shipping is a dynamic and evolving industry. Understanding the supply chain, shipping aspects, and various technological developments is essential for both industry professionals and those interested in this field.
Virtual Sessions
All our courses are available virtually using MS Teams & Zoom platforms. Kindly refer to our 2024 calendar for dates & time zones
£
2,200
Classroom Sessions
All our classroom sessions are held in different cities around the world. Kindly refer to our 2024 calendar for dates & locations
£
3,500
All our courses are available In-House and can be tailored to your specific needs. If you are interested in having this course either in your office or in any location of your choice, please complete the form below and one of our advisors will be in touch with you shortly.
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