The new trading company willseek to sell to Far East, MiddleEast and growing South Americanmarkets, a spokesperson said.

It has also taken delivery ofthe newbuilding, 160,000cbmWoodside Goode, which execu-tives say will be used to ferry car-goes from international producersto customers in South Americaand north Asia, reported TheWest Australian.

The vessel will provide LNGshipping capacity to assist origi-nating new spot or short term LNGtrades, as the company outlined inits third quarter report.

Woodside has interests in fourvessels working for its Pluto LNGproject, two of which are in jointventures with Tokyo Gas & KansaiElectric. The other seven are injoint ventures on North WestShelf operations. Maran Gas tookdelivery of sister vessel to Wood-side Goode, Woodside Rogers, in July.

SCI wins long term char-ter for Australian importsIndia’s largest gas importer,Petronet LNG has leased anotherLNG carrier from one of state-owned Shipping Corporation ofIndia’s (SCI) consortiums. It already has three SCI ships onhire, transporting LNG from Qatarto its Dahej facility in India.

The 174,000cbm LNG carrierwill import LNG to Petronet’s ter-minal in Kochi, India from ChevronAustralia’s gas production project,Gorgon.

The “SCI”, an Indian state-owned shipping company with existing LNG vessels, is leading ashipping consortium which includesunnamed Japanese companies.

The consortium will leasePetronet LNG one LNG carrier for19 years to transport the fuel, reported LiveMint.

It offered the lowest day ratefor the tender in which Japaneseshipping companies Mitsui O S KLines, NYK Line and K Line alsosubmitted bids, and Teekay LNGPartners quoted.

Petronet LNG Ltd has one LNGtanker of 154,800cbm on 25 yearcharter for the PLL Dahej Expan-sion Project.

SCI, in a consortium of Japan-ese and Qatari partners, owns andoperates the vessel. The two otherLNG tankers on 25 year charter toPetronet are vessels SS Disha andSS Raahi, delivered in 2004.

SCI and Indian state gas com-pany GAIL in June launched a ten-der for companies to enter into aconsortium on 8-10 vessels.

GAIL has recently signed dealswith US suppliers for importing 5.8 MMTPA of LNG to India for 20 years.

New small scale marketentrant in ChinaAmong two separate orders forsmall scale (20,000 and 30,000cbm)newbuildings in China is one froman operator with its first LNG car-rier order, Zhejiang Yuanhe OceanShipping Company (ZYOSC).

ZYOSC’s new vessel is beingbuilt by Ningbo Xinle ShipbuildingGroup Company. Its trading part-ner is Shanghai CSR Hange Ship-ping Engineering Company.

The other vessel is being builtby Chinese group Dalian IntehGroup Company at Cosco (Dalian)shipyards.

Finnish engine manufacturerWärtsilä announced the order of50DF dual fuel engines and propul-sion systems for each of the twonew small scale vessels.

The order includes a controllablepitch propeller driven by the dualfuel engine through a reductiongearbox. Wärtsilä expects deliveryof the systems in 2014 and the new-buildings to be launched in 2015. �

An LNG JOURNAL TITLE ON LNG TANKERS 24 October 2013

LNG Shipping NewsWoodside launches trading and shipping company

SHIPPINGNEWS

AGENDA

Petronas choosestank for rough seas

3

NEWBUILDING

CHARTERSNorwegian AwilcoLNG fixes nine-month charter fornewbuilding

4

Nalikat wins five-year transport forGerman E.ON, buildsseven ships

2

BUSINESS

Australian producer Woodside Petroleum, with interests in 11 LNG carriers, hasopened a trading office in Singapore, where it will offer a service trading other companies' LNG.

TECHNOLOGY

Houlder launches UK-based LNG carrier design

5

Delivered: Woodside Goode, sister vessel to 159,800cbm WoodsideRogers (pictured) Source: Maran Gas

LNG vessels ordered

6

LNG ORDERBOOK

Qatargas, with 54 natural gas ves-sels in the fleet of its subsidiaryNalikat, wholly owns 25 LNG carri-ers and has an additonal 29 LNGcarriers in joint ownership.

Shell is operating and managingthe vessels that will ship LNG tothe German power producer’scommodities segment at Rotter-dam’s Gate Terminal in theNetherlands, said Lloyds List.

The buyer, E.ON Global Com-modities buys and sells electricity,natural gas, liquefied natural gas,oil, coal, freight, and carbon al-lowances, as well as manages anddeveloping natural gas supplychain, supply contracts, pipelinesand storage facilities.

E.ON said it would use its exist-

ing regasification facilities to regasify the imported LNG.

The combined total amount ofLNG supplied during the periodcould reach 10 BCM.

E.ON’s agreement with Qatar-gas follows on a September dealwith UK oil giant BP PLC, andother owners of the AzerbaijaniShah Deniz field, to see its Euro-pean locations supplied with 40 BCM of gas.

Nalikat building sevenshipsNakilat also announced that itsjoint ventures, including the Naki-lat-SvitzerWijsmuller (NSW) jointventure with Danish towage com-pany Svitzer (Maersk), would build

and operate seven newbuildings,according to Reuters.

The newbuildings will be constructed at its new shipyard,Nakilat Damen Shipyards Qatar(NDSQ), and delivered from 2014to spring 2015.

Nalikat in 2009 agreed to forma joint venture with Dutch DamenShipyards Group for a new state-of-the-art shipyard at the Port ofRas Laffan. It was intended tobuild “high value ships,” such ascommercial and navy vessels. �

Nalikat wins five-year transport for GermanE.ON, builds seven ships

� NEWS LNG Unlimited 24 October 20132

Qatar Gas Transport Company’s (Nalikat) Q-Max vessels, managed by Shell, will transport 1.5 million tons ofLNG per year for five years starting in 2014. In a separate announcement, Nalikat said it is building seven newLNG vessels.

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The tender was issued about threeweeks ago, EGAS deputy chairmanKhaled Abdel Badie told Reuters.

The country lacks an LNG import

terminal and demand is soaring. Qatar’s national gas company

in September shipped the fifthand last LNG cargo to countries

that were owed gas by Egypt, onloan, to help address a fuel crisisin Egypt.

At least one Egyptian FSRU hasofficially been in planning sincebefore the overthrow of the post-revolutionary Morsi government bythe army in summer, but contractterms have reportedly forestalledefforts.

Qatari investors, the invest-ment bank QInvest, and CitadelCapital were in talks with theegyptian government in 2012 tosupply the FSRU. Now state oilcompany Egyptian General Petro-

leum Corporation (EGPC) has re-portedly taken over the process.

EGAS export projectsEgypt has two export terminals, atDiametta and Ikdu. EGAS is ashareholder in both export termi-nals. It has interests in Diamettaalong with Spanish producer,Unión Fenosa and the EGPC.

Its interest in export terminalIdku, it holds along with EGPC andforeign gas producers British BGGroup plc, Malaysian gas majorPetronas, and French gas producerGaz de France. �

Egyptian EGAS issues tender for FSRUEgyptian national gas company, Egyptian Natural Gas Holding Company (EGAS) has issued a tender for Egypt’sfirst floating storage and regasification unit (FSRU) and depending on the response to the tender, plans to com-mission it by April 2014.

Nakilat Damen Shipyards Qatar Source: NDSQ

EGAS and Unión Fenosa's LNG export facility in Damietta

The owner PowerGas in May com-menced commercial throughputoperaitons at the LNG carrier ter-minal on Jurong Island. The ag-gregator is BG Singapore GasMarketing and its customers.

The terminal has a capacity of3.5 million tonnes per annum(MTPA), establishing a ‘gas hub’for Asia as well as meeting Singa-pore’s domestic demand.

As part of a master agreement

with the marketing arm ofMalaysian gas major Petronas,MISC, SLNG performed cool downservices on an LNG carrier, SeriBakti.

The LNG ship cool down is per-formed for example, when an LNGship is newly built, or when itcomes out of dry-dock (i.e. aftercompleting maintenance or re-pairs), its tanks are at ambienttemperatures, and tanks arecooled using small quantities ofLNG, before the ship can load itsfirst cargo.

Other LNG carrier services thatcould be provided by the terminalinclude storage, reload, breakbulkservices and repairs.

Close proximity to AsianmarketsCorporate communications man-

ager for SLNG, Simon Ang, out-lined the market prospects for

shipping services locally, “Singa-pore has some clear advantages tohelp it become a regional gas hub.For one, Singapore is geographi-cally very well located at the cen-tre of major trade routes,enabling easy access to key LNGsources and demand centres.

“Other factors, such as beingone of the world’s largest ports,its secure environment, politicaland economic stability, trans-parency and being a financial cen-tre for the region, add to thissignificant advantage and build onSingapore’s already enviable trackrecord as a major trading hub forthe Petroleum sector.

The terminal’s geographical location puts it near LNG shippingroutes and key shipbuilding cen-tres such as South Korea, Japanand China, making it cost effec-tive to do cool down there, according to the company. �

The vessels being are being deliv-ered in the second half of 2016 foroperation by Petronas shippingmanagement subsidiary MISC.

The intention to use vessels foroffshore storage work where therewere harsh sea conditions existfactored into the decision to useMoss type tanks.

Petronas in recent months tookover from MISC as newbuildingmanager and now MISC will act asthe project manager and technicalconsultant to Petronas on new-building construction.

Hyundai chosen, buildingMoss tankPetronas said Hyundai’s shipbuild-ing division leads the global ship-building industry with a 15 percentshare of the market. A large pro-portion of MISC’s existing fleet is

built by Samsung and Mitsubishi.Petronas’s four LNG carriers

being delivered in 2016-2017 willuse Moss type tanks in addition to Steam Turbine Reheat engines,broker data shows. Much of MISC’sexisting fleet uses GTT type tanks.

Hyundai said that Petronaschose the Moss tanks for their reli-

able performance when loadingand unloading cargo, and resist-ance to sloshing forces comparedto membrane tank system.

There are options for four morevessels with this order, andHyundai was optimistic about LNGdemand that may play a factor intheir construction. �

24 October LNG Unlimited NEWS � 3Petronas newbuilding to handle rough seasNEWS

NUDGE Dynagas files for$150 million IPOThe Greek LNG shipping com-pany Dynagas LNG Partners,with operation and ownershipof several Ice-class LNG carri-ers, has filed for a $150 mil-lion IPO, said RenaissanceCapital, having filed confi-dentially on July 10, 2013. Itwill list on NASDAQ with thesymbol DLNG.

EU finances LNGbreakbulk andbunkering terminal The EU has granted the DutchPort of Rotterdam Authority’ssubsidy applications, whichmeans it will recieve a €34million subsidy for LNGbreakbulk terminals inGothenburg and Rotterdam,and €40 million for LNG infra-structure for the Rhine-Main-Danube area.

Shipyard STX Europeto be soldA bank and creditor of SouthKorea's STX shipbuildinggroup announced plans to sell the shipyard’s Oslo-basedEuropean arm, STX Europe,named in 2008. It has oper-ated 15 shipyards in Brazil,Finland, France, Norway, Romania and Vietnam. STXFrance has offered LNG car-rier design.

Last week Asian LNGcargo prices jumpedShort-term LNG prices inNortheast Asia jumped by themost in nearly a year aroundthe middle of October, at theonset of winter, reportedBloomberg. Power stationfuel prices increased to$16.80 per million Britishthermal units. Prices inSouthwestern Europe also increased slightly, to $11.80from $11.70.

Signing Ceremony: Mr. Lee Jai-seong, president and CEO of HyundaiHeavy Industries (left), Tan Sri Dato' Shamsul Azhar Abbas, CEO andpresident of Petronas

Shipyard Hyundai Heavy Industries (HHI) has announced further details of Malaysiannational oil company Petronas’s $850 million shipbuilding deal that will see it buildfour 150,200cbm LNG carriers.

SLNG terminal in Singapore expands shipping servicesA new SGD $1.7 billion Singapore LNG import terminal, operated by Singapore LNGCorporation (SLNG) with the state’s Energy Market Authority as a shareholder, com-pleted its first LNG carrier cool down last month, expanding its portfolio of shippingservices and optimising the use of the terminal’s facilities.

Ship at terminal 1. Source: SLNGCorporation

Lehrmann said the FID would betaken once front-end engineeringand design was complete and theschedule would also depend onthe terms of the Canadianprovince's LNG export levy to beunveiled in the next month or so.

Chevron has a joint venturewith US energy peer Apache Corp.and their Kitimat project has already been through the permit-ting process.

Lehrmann said Chevron's andApache's shale-gas holdings in theHorn River and Liard basin areenough to support the Kitimatventure.

Chevron and Apache will eachhave 50 percent of the Kitimat

LNG plant, the Pacific TrailPipeline and will share develop-ment of 644,000 gross undevel-oped acres in the Horn River andLiard basin shale-gas plays.

Terminal investment forFEED not metThe Liard and Horn River are twoof the most prolific shale-gas playsin North America, with more than50 trillion cubic feet of resourcepotential on the Apache-Chevronacreage.

Lehrmann emphasized that theissue remained finding Asian buy-ers "willing to pay what we need"to carry out the feed-gas andplant development.

Chevron requires a "stable"price and long-term contracts thatprovide an "acceptable" return oninvestment, "not only for the proj-ect itself but within our portfolio,"he said.

The Kitimat project will exportan initial 5 million tonnes perannum of LNG, with an expansionoption for up to 10 MTPA.

The Kitimat plant will build atBish Cove on the northern BCcoast, about 650 kilometres north

of Vancouver, Some site prepara-tion work has already taken place.

Lehrmann also noted that theproject partners would require a"significant" workforce of up to5,500 people during peak con-struction of the plant andpipeline.

The company would need tobring in some temporary foreignworkers for the project, he said.

Other projects in the BC regionwill also be competing for workers

at the same time such as the LNGCanada project, also being devel-oped near Kitimat by Royal DutchShell, with Japan's MitsubishiCorp, PetroChina and Korea GasCorp. as partners.

At least two other LNG projectsare proceeding in the Prince Rupert region north of Kitimat,including one led by Malaysia'sPetronas and Japanese partners,and a second under BG Group ofthe UK with Spectra Energy. �

� NEWS LNG Unlimited 24 October 20134

The annualized gross earnings con-tribution for the Japanese-built,second-hand, vessel built in 1983 isexpected to be about $7.3 million.

The charter contract is ex-pected to commence November10, Awilco said.

The Norwegian shipping firmcompany also said that the new156,000cbm tri-fuel, diesel-elec-tric-powered WilForce, has beenfixed for its maiden voyage endingin mid-December.

"Awilco LNG continues the dis-cussions for short to medium-termcontracts for the vessel," it said.

Awilco received delivery of its

first newbuilding, the Wilforce, toadd to its fleet of three second-hand ships in September.

WilForce was constructed atDaewoo Shipbuilding and MarineEngineering in South Korea.

The vessel had already beensold to Teekay LNG, a Bermuda-based unit of Canada's TeekayCorp., and chartered back by Aw-ilco for a period of five years plusa one-year extension option.

Teekay has also agreed to ac-quire a second 156,000 cubic me-tres capacity newbuild from Awilco.

The vessel, which is currentlyunder construction by DSME, is ex-

pected to be delivered before theend of 2013.

Teekay will purchase the vesselfor a price of $205 million less a$50M upfront prepayment of charterhire by Awilco which is in additionto the daily bareboat charter rate.

The terms of the deal say Awilcohas fixed-price purchase obliga-tions at the end of both the firmcharter period and option period.

The financing agreement is onsimilar terms as the deal for thepurchase by Teekay of WilForce.�

Awilco LNG fixes nine-month charter for newbuildingAwilco LNG, the small Norwegian company that describes itself as a pure play shipping provider, said its125,000cbm LNG carrier WilEnergy has been committed to a nine-month contract, with a three-month option.

Site design of proposed KitimatLNG Plant

Canadian LNG export terminal awaits Asian buyersThe President of Chevron Canada, Jeff Lehrmann, said the US major's Kitimat LNG project is still a year or moreaway from a final investment decision as it awaits long-term sales contracts with Asian buyers and the release offinal tax plans by the provincial government of British Columbia.

Awilco LNG’s 156,000cbm vessel Wilforce

LNG Shipping Forum 201330th & 31st October 2013, Copthorne Tara Hotel, London

4th

This forum provides a spotlight on current and anticipated developments across LNG shipping markets and the impact

on strategic and operational aspects of LNG shipping.

Key topics:Charter Markets • Finance & Investments for LNG Ships / Risk

• Commercial Aspects • Technology & Innovation • Geo Politics, Regulation & Training

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24 October 2013 LNG Unlimited NEWS � 5Extra gas-leak protection forBrazilian FSRU

There are two FSRU already inBrazil: Petrobras’s Baia de Todosand Guanabara. A third FSRU, formajor Petrobras of Brazil andAmerican FSRU developer Exceler-ate Energy, was scheduled for de-livery in July 2013 and uses aspecially designed, purpose-builtLNG carrier.

The equipment Martek Marineis commissioning in the country bythe end of the year detects moregases than traditional gas leak de-tection systems found on mostFSRU and LNG carriers, focused onmethane.

“It’s different from a typicalsystem insomuch as the gasses thatare being monitored are benzene,non methane hydrocarbons (NMHC)and nitrus oxide,” said Luen.

These compounds are green-house gases and can be emitted

during the combustion of fossilfuels like fuel oil, coal and gaso-line. NMHC can be created by fos-sil fuel and biofuel combustion,and so can nitrus oxoide. Benzeneis also a known carcinogen.

“For example if you look at re-fined petroleum it will have anamount of benzene and if there’soften problem with benzene ontankers and the presence of ben-zene in accommodation spaces.”

Although the order was com-plex, “It’s always been part of ourrange and we can monitor prettymuch any gas,” said Luen.

Watching leaks savescostsOwners can use emission equip-ment often to monitor the effi-ciency of the propulsion sytems.Fixing engine leaks potentiallysaves up to 2.45 percent of fuel peryear for charters and owners, in ad-dition to preventing environmentalpollution, said Martek Marine.

The innovative gas detectionsystem is adapted from its emis-sions monitoring range for LNGcarriers, Evolution EMS.

“The majority of projectswe’re dealing with at the moment are specific to LNGvessels. That may be becausethere’s more environmentalscrutiny on these and perhaps itsbecause the budgets are largerthan normal and the emissionsmonitoring cost is less signifigant. Methane slip is a big issue.”

The traditional driver for emis-sions monitoring is MARPOL annex

6 Reg 13 related to NOx (nitrogenoxide).

“We can use this system to de-tect nitrogen oxides (NOx), sulfuroxides (SOx) to report sulfur infuel that may be appropriatewhen a ship is operating in in anEmissions Control Area. As for anyother gases there’s no legislativeframework.”

Environmental restric-tionsAlthough Brazil, as a developingcountry, does not have commit-ments to reduce or limit its emis-sions of greenhouse gases it is asignatory to the non-bindingparts of the Kyoto Protocol emis-sions treaty.

The treaty may eventually require reductions in greenhousegasses other than NOx. It alsoproposes to limit not just NitrusOxide (N20) but also set targetsfor hydrofluorocarbons (HFCs) andperfluorocarbons (PFCs). �

Emissions monitoring equipment sensitive to a wide range of petroleum emissions

has been delivered for a 173,400cbm DSME-built LNG carrier/FSRU in Brazil. “That’s

never been done on a ship before,” said Paul Luen, CEO at Martek Marine.

Martek Marine’s CEO, Paul Luen

Evolution EMS, leak monitoringsystem

Houlder launchesUK-based LNGcarrier design Houlder, a UK-based marineequipment and offshore engi-neering firm, announced the es-tablishment of a new LNG carrierproject design team in London.

The firm has added full scaleLNG carriers to its offeringwhich previously included sys-tem designs within for LNGbunkering, propulsion, storageand transfer.

The company has alsopatented an LNG fuel storagesystem, Aura.

It is working in associationwith industry body iTransfer onof developing a scalable bunkerbarge design with a patentedboil off gas control and reten-tion process. It includes a LNGand vapour transfer system toprovide bunkering to differentsized vessels.

Mike Carter, marketing man-ager for Houlder, explained thatthe development of the LNGshipping industry has allowedgrowth, “Our view is it is prima-rily driven by changing emis-sions regulations in thecommercial marine industry.The wider large scale carrierfleet is also growing thanks toincreasing numbers of countriescoming into the market, bothimport and export, and the re-sulting LNG trade volumes con-tinuing to rise, bar a blip in2012. Vessel utilisation contin-ues to be strong.

“Based on their experience,the project team could cer-tainly help design Q max ves-sels, however our feeling isthey will be involved in morespecialist, innovative designtasks and bespoke applications.Size isn’t everything. “

Houlder has recently openedan office in Houston USA and of-fering services to the Americasand Asia.

Houlder’s bunker barge

“The majority of projects we’re dealing with at the moment are specific toLNG vessels. That may be because there’s more environmental scrutiny

on these and perhaps its because the budgets are larger than normal andthe emissions monitoring cost is less signifigant.”

“”Paul Luen, CEO, Martek Marine

DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit

Cool Voyager Samsung TZ Mk. III DFDE 160000 Q3-13 Thenamaris 2045 Bernard Schulte

Golar Igloo Samsung TZ Mk. III FSRU 170000 Q3-13 Kuwait FSRU Golar LNG 2031 WilhelmsenGolar

WilPride DSME GT NO 96 DFDE 155900 Q3-13 Awilco 2290 Awilco

Woodside Goode DSME GT NO 96 DFDE 159400 Q3-13 MaranGas 2295 Anangel

Gaslog Seattle Samsung TZ Mk. III DFDE 155000 Q4-13 Shell Portfolio GasLog 2041 CERES

Maran Gas Apollonia Hyundai Samho TZ Mk. III DFDE 164000 Q4-13 BG Portfolio MaranGas S624 Anangel

Velikiy Novgorod STX O&S GT NO 96 DFDE 170200 Q4-13 Gazprom Portfolio Sovcomflot 1910 Sovcomflot

Golar Celsius Samsung TZ Mk. III DFDE 160000 Q4-13 Golar LNG 2026 WilhelmsenGolar

Cool Runner Samsung TZ Mk. III DFDE 160000 Q1-14 Thenamaris 2046 Bernard Schulte

Gaslog NB-6 Samsung TZ Mk. III DFDE 155000 Q1-14 Shell Portfolio GasLog 2042 CERES

Golar Bear Samsung TZ Mk. III DFDE 160000 Q1-14 Golar LNG 2027 WilhelmsenGolar

Golar Crystal Samsung TZ Mk. III DFDE 160000 Q1-14 Golar LNG 2022 WilhelmsenGolar

Golar Penguin Samsung TZ Mk. III DFDE 160000 Q1-14 Golar LNG 2023 WilhelmsenGolar

Maran Gas Delphi DSME GT NO 96 DFDE 159400 Q1-14 BG Portfolio MaranGas 2296 Anangel

PGN FSRU Lampung Hyundai Heavy TZ Mk. III FSRU 170000 Q1-14 Indonesia FSRU Høegh LNG 2548 Høegh LNG

Cardiff NB-1 DSME GT NO 96 DFDE 159760 Q2-14 Cardiff 2297 Cardiff Gas

Cardiff NB-2 DSME GT NO 96 DFDE 159760 Q2-14 Cardiff 2298 Cardiff Gas

Chevron NB-1 Samsung TZ Mk. III DFDE 160000 Q2-14 Chevron Portfolio ChevronTexaco 1920 Chevron Shipping

EE NB-1 FSRU DSME GT NO 96 FSRU 173400 Q2-14 Petrobras VT3 Excelerate Energy 2402 TBD

Golar Eskimo Samsung TZ Mk. III FSRU 160000 Q2-14 Jordan FSRU Golar LNG 2024 WilhelmsenGolar

Golar Frost Samsung TZ Mk. III DFDE 160000 Q2-14 Golar LNG 2055 WilhelmsenGolar

Hoegh NB-3 FSRU Hyundai Heavy TZ Mk. III FSRU 170000 Q2-14 Colburn LNG FSRU Høegh LNG 2550 Høegh LNG

Independence Hyundai Heavy TZ Mk. III FSRU 170000 Q2-14 Lithuania FSRU Høegh LNG 2549 Høegh LNG

Maran Gas Efessos DSME GT NO 96 DFDE 159400 Q2-14 BG Portfolio MaranGas 2291 Anangel

Maran Gas Posidonia Hyundai Samho TZ Mk. III DFDE 164000 Q2-14 BG Portfolio MaranGas S625 Anangel

SCF Pskov STX O&S GT NO 96 DFDE 170200 Q2-14 Gazprom Portfolio Sovcomflot 1911 Sovcomflot

Adam Hyundai Heavy TZ Mk. III DFDE 162000 Q3-14 Oman LNG 2584 Oman Shipping

Brunei NB-1 Hyundai Heavy TZ Mk. III DFDE 154800 Q3-14 Brunei Fleet Brunei Gas Carriers 2606 STASCO

BW Gas NB-1 Hyundai Heavy TZ Mk. III DFDE 161880 Q3-14 BW Gas 2571 BW

Cardiff NB-3 DSME GT NO 96 DFDE 159760 Q3-14 Cardiff 2299 Cardiff Gas

Cardiff NB-4 DSME GT NO 96 DFDE 159760 Q3-14 Cardiff 2401 Cardiff Gas

Chevron NB-2 Samsung TZ Mk. III DFDE 160000 Q3-14 Chevron Portfolio ChevronTexaco 1921 Chevron Shipping

Clean Planet Hyundai Heavy TZ Mk. III DFDE 162000 Q3-14 Dynagas 2565 Dynagas

Cool Explorer Samsung TZ Mk. III DFDE 160000 Q3-14 Thenamaris 2049 Bernard Schulte

Gaslog NB-7 Samsung TZ Mk. III DFDE 155000 Q3-14 Gaslog 2043 CERES

Golar Glacier Hyundai Samho TZ Mk. III DFDE 162000 Q3-14 Golar LNG S658 WilhelmsenGolar

Golar Kelvin Hyundai Samho TZ Mk. III DFDE 162000 Q3-14 Golar LNG S659 WilhelmsenGolar

Golar Snow Samsung TZ Mk. III DFDE 160000 Q3-14 Golar LNG 2047 WilhelmsenGolar

Osaka Gas NB-1 Mitsubishi H.I. Moss STRH 153000 Q3-14 Osaka Gas Mitsui OSK / Osaka Gas2295 MOL

TEPCO NB-1 Mitsubishi H.I. Moss STRH 145500 Q3-14 TEPCO NYK 2289 NYK

Chubu NB-1 Mitsubishi H.I. Moss STRH 153000 Q4-14 Chubu Electric Chubu Electric 2297 MOL

Golar Ice Samsung TZ Mk. III DFDE 160000 Q4-14 Golar LNG 2048 WilhelmsenGolar

Maran NB-7 Hyundai Samho TZ Mk. III DFDE 164000 Q4-14 BG Portfolio MaranGas S626 Anangel

BW Gas NB-2 Hyundai Heavy TZ Mk. III DFDE 161880 Q1-15 BW Gas 2572 BW

Chevron NB-3 Samsung TZ Mk. III DFDE 160000 Q1-15 Chevron Portfolio ChevronTexaco 1941 Chevron Shipping

Chubu NB-2 Mitsubishi H.I. Moss STRH 153000 Q1-15 Chubu Electric Chubu Electric 2298 NYK

Dynacom NB-6 Hyundai Heavy TZ Mk. III DFDE 162000 Q1-15 Dynagas 2566 Dynagas

Energy Atlantic STX O&S GT NO 96 DFDE 160000 Q1-15 Alpha Tankers 1670 TBD

Energy Pacific STX O&S GT NO 96 DFDE 160000 Q1-15 Alpha Tankers 1671 TBD

Gaslog NB-8 Samsung TZ Mk. III DFDE 155000 Q1-15 Gaslog 2044 CERES

Hoegh NB-4 FSRU Hyundai Heavy TZ Mk. III FSRU 170000 Q1-15 Høegh LNG 2251 Høegh LNG

Maran Gas Mistras DSME GT NO 96 DFDE 159400 Q1-15 BG Portfolio MaranGas 2405 Anangel

Maria Tsakos Hyundai Heavy TZ Mk. III DFDE 170000 Q1-15 Tsakos 2612 TBD

MOL PNG NB-1 Hudong Membrane SSD 170000 Q1-15 PNG / Gorgon Mitsui OSK H1670A MOL

Maran Gas London DSME GT NO 96 DFDE 159400 Q1-15 BG Portfolio MaranGas 2292 Anangel

Brunei NB-2 Hyundai Heavy TZ Mk. III DFDE 154800 Q2-15 Brunei Fleet Brunei Gas Carriers 2607 STASCO

Chevron NB-4 Samsung TZ Mk. III DFDE 160000 Q2-15 Chevron Portfolio ChevronTexaco 1942 Chevron Shipping

Dynacom NB-7 Hyundai Heavy TZ Mk. III DFDE 162000 Q2-15 Dynagas 2567 Dynagas

Maran Gas Alexandria Hyundai Samho TZ Mk. III DFDE 164000 Q2-15 BG Portfolio MaranGas S627 Anangel

THE WORLD’S NEWEST LNG CARRIERSName Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

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Maran Gas Troy DSME GT NO 96 DFDE 159400 Q2-15 BG Portfolio MaranGas 2406 Anangel

MOL PNG NB-2 Hudong Membrane SSD 170000 Q2-15 PNG / Gorgon Mitsui OSK H1671A MOL

Osaka Gas NB-2 Mitsubishi H.I. Moss STRH 153000 Q2-15 Osaka Gas Mitsui OSK / Osaka Gas2296 MOL

Petronas FLNG NB DSME GT NO 96 FLNG 180000 Q2-15 Petronas FLNG Petronas 6302 TBD

BW Gas NB-3 FSRU Samsung Membrane FSRU 170000 Q3-15 BW Gas 2074 BW

Golar Tundra Samsung TZ Mk. III FSRU 170000 Q3-15 Gas Atacama FSRU Golar LNG 2056 WilhelmsenGolar

Maran NB-12 Hyundai Samho TZ Mk. III DFDE 164000 Q3-15 BG Portfolio MaranGas S689 Anangel

Maran NB-13 Hyundai Samho TZ Mk. III DFDE 164000 Q3-15 BG Portfolio MaranGas S688 Anangel

MOL PNG NB-3 Hudong Membrane SSD 170000 Q3-15 PNG / Gorgon Mitsui OSK H1672A MOL

NLNG NB-1 Samsung TZ Mk. III DFDE 170000 Q3-15 Nigeria LNG Bonny Gas Transport 2076 BGT

NLNG NB-2 Hyundai Heavy TZ Mk. III DFDE 170000 Q3-15 Nigeria LNG Bonny Gas Transport 2636 BGT

SCF Melampus STX O&S GT NO 96 DFDE 170200 Q3-15 Shell Portfolio Sovcomflot 1912 Sovcomflot

SCF Mitre STX O&S GT NO 96 DFDE 170200 Q3-15 Shell Portfolio Sovcomflot 1913 Sovcomflot

Chevron NB-5 Samsung TZ Mk. III DFDE 160000 Q4-15 Chevron Portfolio ChevronTexaco 2069 Chevron Shipping

Chevron NB-6 Samsung TZ Mk. III DFDE 160000 Q4-15 Chevron Portfolio ChevronTexaco 2070 Chevron Shipping

Chubu NB-3 Kawasaki Moss STRH 164700 Q4-15 Chubu Electric Chubu Electric 1713 K-Line

NLNG NB-3 Samsung TZ Mk. III DFDE 170000 Q4-15 Nigeria LNG Bonny Gas Transport 2077 BGT

Gaslog NB-9 Samsung TZ Mk. III DFDE 173400 Q1-16 BG Portfolio Gaslog 2073 CERES

Maran NB-14 Hyundai Samho TZ Mk. III DFDE 173000 Q1-16 BG Portfolio MaranGas S690 Anangel

Maran NB-16 DSME GT NO 96 DFDE 170000 Q1-16 BG Portfolio MaranGas 2412 Anangel

MOL PNG NB-4 Hudong Membrane SSD 170000 Q1-16 PNG / Gorgon Mitsui OSK H1673A MOL

NLNG NB-4 Samsung TZ Mk. III DFDE 170000 Q1-16 Nigeria LNG Bonny Gas Transport 2078 BGT

Shell NB-1 Samsung Membrane FLNG 225000 Q1-16 Shell FLNG Shell 2030 STASCO

Sinopec NB-1 Hudong Membrane DFDE 174000 Q1-16 APLNG China Shipping Group H1715A TBD/ Mitsui OSK

Teekay NB-1 DSME GT NO 96 MEGI 173400 Q1-16 Cheniere Teekay LNG 2407 Teekay LNG

Gaslog NB-10 Samsung TZ Mk. III DFDE 173400 Q2-16 BG Portfolio Gaslog 2072 CERES

Kansai NB-1 Kawasaki Moss STRH 164700 Q2-16 Kansai Mitsui OSK / Kansai 1712 MOL

Maran NB-15 Hyundai Samho TZ Mk. III DFDE 173000 Q2-16 BG Portfolio MaranGas S691 Anangel

Maran NB-17 DSME GT NO 96 DFDE 170000 Q2-16 BG Portfolio MaranGas 2413 Anangel

NLNG NB-5 Hyundai Heavy TZ Mk. III DFDE 170000 Q2-16 Nigeria LNG Bonny Gas Transport 2637 BGT

NLNG NB-6 Samsung TZ Mk. III DFDE 170000 Q2-16 Nigeria LNG Bonny Gas Transport 2079 BGT

Sinopec NB-2 Hudong Membrane DFDE 174000 Q2-16 APLNG China Shipping Group H1716A TBD/ Mitsui OSK

Teekay NB-2 DSME GT NO 96 MEGI 173400 Q2-16 Cheniere Teekay LNG 2408 Teekay LNG

Gaslog NB-11 Samsung TZ Mk. III DFDE 173400 Q3-16 BG Portfolio Gaslog 2102 CERES

Sinopec NB-3 Hudong Membrane DFDE 174000 Q3-16 APLNG China Shipping Group H1717A TBD/ Mitsui OSK

SK Marubeni NB-1 Samsung TZ Mk. III DFDE 180000 Q3-16 Ichthys LNG SK Shipping / Marubeni 2080 SK Shipping

Teekay NB-3 DSME GT NO 96 MEGI 173400 Q3-16 Teekay LNG 2416 Teekay LNG

Teekay NB-4 DSME GT NO 96 MEGI 173400 Q3-16 Teekay LNG 2417 Teekay LNG

Uruguay FSRU DSME GT NO 96 FSRU 263000 Q3-16 Uruguay FSRU Mitsui OSK TBD MOL

Ichthys LNG NB-1 Kawasaki Moss DFDE 182000 Q4-16 Ichthys LNG K-Line 1718 K-Line

Inpex NB-1 Mitsubishi H.I. Moss STRH 155300 Q4-16 Ichthys LNG K-Line / Inpex 2310 K-Line

Petronas NB-1 Hyundai Heavy Moss STRH 150000 Q4-16 Petronas Fleet Petronas TBN MISC

SK Marubeni NB-2 Samsung TZ Mk. III DFDE 180000 Q4-16 Total Portfolio SK Shipping / Marubeni 2081 SK Shipping

Flex NB-1 Samsung TZ Mk. III DFDE 174000 Q1-17 Flex LNG TBD TBD

Gaslog NB-12 Samsung TZ Mk. III DFDE 173400 Q1-17 BG Portfolio Gaslog 2103 CERES

Petronas NB-2 Hyundai Heavy Moss STRH 150000 Q1-17 Petronas Fleet Petronas TBN MISC

Sinopec NB-4 Hudong Membrane DFDE 174000 Q1-17 APLNG China Shipping Group H1718A TBD/ Mitsui OSK

Flex NB-2 Samsung TZ Mk. III DFDE 174000 Q2-17 Flex LNG TBD TBD

Kansai NB-2 Mitsubishi H.I. Moss STRH 155300 Q2-17 Kansai Mitsui OSK / Kansai 2299 MOL

Osaka Gas NB-3 Mitsubishi H.I. Moss STRH 153000 Q2-17 Osaka Gas Mitsui OSK / Osaka 2311 MOLGas / Kyushu

Petronas NB-3 Hyundai Heavy Moss STRH 150000 Q2-17 Petronas Fleet Petronas TBN MISC

Petronas NB-4 Hyundai Heavy Moss STRH 150000 Q2-17 Petronas Fleet Petronas TBN MISC

Sinopec NB-5 Hudong Membrane DFDE 174000 Q2-17 APLNG China Shipping Group H1719A TBD/ Mitsui OSK

Sinopec NB-6 Hudong Membrane DFDE 174000 Q3-17 APLNG China Shipping Group H1720A TBD/ Mitsui OSK

Name Yard Design Prop. CBM Delivery Trade Route Ship Owner Hull Operator

DFDE = dual fuel diesel engines, STRH = steam turbine reheat / ultra steam turbine, MEGI = marine electric gas

injection, DRL = slow speed diesel, FSRU = vessel with regas capacity, FLNG = floating LNG production unit