Demand for Onboard LNG Regas Units Increases
Posted on Apr 19, 2006 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on Demand for Onboard LNG Regas Units Increases
World Gas Intelligence today reports on the growing demand for LNG vessels with onboard regasification capability, despite the relatively small number of terminals that demand onboard regas. Shipping companies such as Belgium’s Exmar and Norway’s Hoegh LNG each have ordered two regasification units, with Hoegh considering a third. Exmar’s Rodney Hyne-Jones attributes the broad appeal of the ships to their ability to function as conventional ships when necessary. “That’s the key – these ships are very adaptable and can be used as the market dictates.” [Subscription required]