First shipbroking companies join SEA\LNG

LNG activity SEA\LNG's membership currently stands at 33 organisations

Exeno Yamamizu Corporation (Yamamizu) & Fearnleys AS have become the first shipbroking companies to join multi-sector industry coalition SEA\LNG's membership coalition.

The coalition, which aims to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel and whose membership currently stands at 33 organisations, is committed to uniting knowledge and expertise from across the LNG value chain, most recently from shipbrokers.

Peter Keller, SEA\LNG chairman and executive vice president of TOTE Inc., said: “Our members continue to be a strong voice advocating for LNG as a cost-effective, safe, and more environmentally friendly long-term fuelling solution.

“The support for and momentum behind the use of LNG as a marine fuel, particularly in the last 18 months, demonstrates the need for pooling knowledge and working collaboratively to break down the barriers to LNG uptake ahead of the 2020 global sulphur cap.”

LNG chartering

Since April 2017, Japan-based Yamamizu’s energy department has been responsible for managing LNG-related chartering services for clients including utilities, gas companies, trading houses, ship owners and operators. It also monitors LNG demand and facilitates business development by coordinating information about LNG bunker supply vessels, barges, and loading facilities in Japan and globally.

Fearnleys’ involvement in LNG began in the late 1960s. Today, the company has a team of 15 personnel focussed exclusively on LNG, with offices in Japan, Korea, China, Singapore, Oslo, Houston, and London.

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