Anatomy of LNG Shipping & Operations — Design, Technology & Markets

Cambridge Academy of Transport is now able to offer two distinct 2-day LNG courses: the first course, described below, covers Design, Technology & Markets whilst the second explores its Commercial Aspects.

The two courses can be taken separately; but as they are scheduled back-to-back, individuals can choose to take both in succession, offering an immersive learning experience of this fast growing and technologically challenging industry.

Aim of this course: To gain a full understanding of marine transport in the LNG value chain; from Design & Engineering of LNG cryogenic systems to Vessel and Terminal Operations.

The 2-day Design, Technology & Markets Course offers a journey how the physical properties of LNG require specialist cargo containment and handling systems. Technical features of load and discharge terminals, both ashore and floating, ship/shore interface as well as on-board cargo procedures will be covered. In addition, dedicated sessions on ship management, vessel operating expenses as well as the importance of global, national and industry regulatory organisations are also included.

Vessel propulsion has shifted from steam turbine to diesel-electric and now slow-speed 2-stroke engines. The course will review how this trend impacts voyage economics, operational flexibility as well as the challenges posed by the IMO 2050 GHG emission targets.

LNG markets have moved from single load and discharge to multiple trade routes, new supply sources satisfy a phenomenal demand growth across the globe, which in turn offers price arbitrage and the emergence of trading and traders. LNG as fuel and growing regional markets give rise to the emergence of small and medium LNG carriers whose designs will also be covered.

THE BASIS AND THE BASICS

  • Physical properties
  • Energy content
  • Conversion factors
  • Liquefaction and Regasification
  • Cryogenics
  • Origins of commercial LNG
  • Early projects and their seaborne transport

CARGO CONTAINMENT SYSTEMS

  • Origins and principles of liquid gas cargo containment systems
  • Evolution of membrane systems
  • Physical challenges
  • Capacity trends
  • The Moss or Spherical systems
  • Who builds what systems, ship yard choice
  • Trends in on-board reliquefaction
  • Future trends

LNG TERMINAL DESIGN AND OPERATIONS

  • Key features of LNG load and discharge terminals
  • Pre-construction planning process of LNG production and receiving facilities
  • Components of a typical LNG production plant
  • Annual Delivery Programme and Scheduling
  • Design Features of Load and Discharge Facilities (Tanks, Terminal, Regas Unit)
  • Floating production, storage and regasification (FLNG, FSU, FSRU)
  • Terminal operations (line cooling, emergency shut-down)
  • Custody transfer and Outturn Volumes
  • Ship/Shore interface and ship compatibility
  • Terminal Acceptance and Officer Experience Matrix

ON-BOARD CARGO OPERATIONS

  • LNG cargo equipment
  • Cargo handling and tank utilisation cycles
  • Purging, Drying and Gas-Up
  • Cargo Heel and Boil-Off Rate
  • Impact of cool-down
  • Ship-Shore Checklist: pre-cargo, cool-down and bulk operations
  • Top-off, Fill-limits, End of cargo, Draining and Purging
  • Safety Procedures
    • Cargo and Engine Control Rooms
    • Reliquefication Units
    • Gauging systems and Pumps
    • High- and Low-Density Compressors
    • Gas Combustion Units (GCU)

LNG CARRIER PROPULSION

  • Propulsion Systems — drivers for their evolution
  • DFDE
  • MEGI
  • WinGD X-DF
  • Orderbook by type and size, building yards and construction costs
  • Future trends

LNG AS MARINE FUEL and BUNKERING

  • Economic and environmental justifications
  • Emission regulations and pathways to de-carbonisation
  • EEDI — Energy Efficiency Design Index
  • Ship Energy Efficiency Management Plan (SEEMP)
  • Alternative fuels and technologies
  • Size of the bunker fuel market
  • Development of world-wide LNG bunkering

ASSET MANAGEMENT AND OPERATING EXPENSES (OPEX)

  • International legislative framework concerning vessel design and operation
  • Non-Governmental Organisations and industry representative organisations
  • Registry and Classification of vessels
  • Vetting, SIRE Inspections and Terminal Acceptance
  • Insurance: H∓M, P&I, cargo and charterers
  • Types of ownership/control and cost allocation
  • Ship vs Crew Management
  • Crew Composition, Recruitment, Remuneration and Retention
  • Repair and Maintenance and Operating Cost Structure
  • Emergency Response, Piracy and General Security

SUPPLY & DEMAND AND TRADE FLOWS

  • LNG as part of future energy transition
  • Market share and growth projections
  • Evolution of US and European gas and LNG markets
  • Japan, the original driver for Asian LNG project and markets
  • Evolution of the wider Asian LNG market
  • LNG as share of the gas market, gas on gas competition
  • Small scale LNG: New projects, Vessel Types and Sizes
  • Containment and distribution methods for short haul small volumes

VOYAGE & DEAL ECONOMICS

  • Introduction to key concepts
  • Fundamental Cost & Revenue Criteria
  • Core components of Voyage Economics vs. Deal Economics
  • Owners vs Charterer: Key Objectives
  • Key types of charter party and allocation of costs
  • Voyage vs Time Charter
  • Freight calculation: unit cost versus time charter equivalent


LNG Carrier

Course information

1-2 December 2019
Park Regis Kris Kin Hotel, Dubai

Park Regis Hotel

Course fee

The cost of the course is USD2,000 per person, which includes tuition, refreshments, and lunch each day. Accommodation is NOT included but is available at the venue hotel or one of the many hotels located nearby.

Individuals wishing to attend both this course and the companion programme "Anatomy of LNG Shipping & Operation - Commercial Aspects" will receive a 10% discount on the total course fee.

Further information, contact:

Tulika Singh
Cambridge Academy of Transport
48 Whitlesford Road
Little Shelford
Cambridge CB22 5EW
UK
Email: You must enable JavaScript to see this e-mail address.

Programme and Booking Form

To download a programme giving fuller details of the course,  click here.

For a Booking Form,  click here.