ABS establishes new Middle East region HQ

28 Oct 2004

By locating the administrative and commercial functions for the entire region in Doha, ABS is further strengthening its ties to the energy sector, particularly the growing production and shipment of LNG from Qatar. "The new location strategically positions us to better serve our oil and gas clients while still providing the attention and survey service our shipping clients in the region have come to rely on," says ABS Europe President Antonio Lino Costa. "The ABS Dubai office will continue to provide survey services, particularly those required by clients and shipyards in the region," he added.

"With the global market for liquefied natural gas (LNG) and its associated terminal facilities increasing at more than three times the growth rates for traditional gas and oil markets, it will significantly strengthen the regional presence of ABS by locating our Middle East headquarters in Doha," said Roger Shimmin, Vice President, Middle Eastern Region, ABS Europe. "This places us at the center of energy activity in the region," he added. Shimmin will relocate to Doha to oversee the expanded activities of the class society in the region.

ABS is the leader in providing classification services to the energy sector. 32% of tankers currently on order at shipyards around the world are being built to ABS class. The society has also significantly increased its share of the LNG carrier fleet over the past few years with 20% of the current LNG order book classing to ABS standards.

"It is estimated that there will be at least 325 ships in the LNG fleet by 2015," said Shimmin. "Many of these will be assigned to carry gas from Qatar?s Ras Laffan project and the other Middle East producers. ABS has been deeply involved in the development of these new designs which will see a near doubling in size from 140,000m3 to 250,000m3. We have addressed the technical challenges these new very large designs are posing, particularly with respect to fatigue life and sloshing within the membrane cargo tanks."

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