SEA-LNG expands skill base as Newport Shipping joins coalition

SEA-LNG expands skill base as Newport Shipping joins coalition

Posted on March 7, 2022 at 1:22 p.m. by

The Maritime Executive


SEA-LNG, a multi-sector industry coalition formed to demonstrate the benefits of LNG as a viable marine fuel, today announces the membership of Newport Shipping UK LLP, specialist providers of full-service dry-docking, modernization, repair and conversion.

The addition of Newport Shipping strengthens the operational skills base of SEA-LNG members across the entire LNG marine fuels value chain. It also highlights the breadth of engaged stakeholders in the LNG market, working together to achieve a cleaner and greener shipping sector, helping the industry meet the environmental, business and operational challenges of the 21st century. century.

Founded in 2011 and based in the UK, Newport Shipping provides drydocking, modernization, repair and conversion services at 15 shipyards and 38 docks worldwide. Newport Shipping supports LNG conversions with innovative financing programs that allow shipowners to manage their cash flow.

For ship owners looking to upgrade their fleet to use LNG as a marine fuel and improve environmental compliance, Newport Shipping helps with equipment purchases, comprehensive design work, on-site project execution and financing after delivery. SEA-LNG anticipates valuable collaboration with Newport Shipping in the areas of design cost and modernization engineering for the use of LNG, bioLNG and possibly renewable synthetic LNG, as a marine fuel.

Peter Keller, President of SEA-LNG, said: “We are delighted to welcome another key player in the LNG marine fuels value chain to the coalition. Newport Shipping provides superior services that help the shipping industry strengthen its low-carbon operations and move towards full decarbonization. We expect Newport to provide valuable expertise to the SEA-LNG mission.

“At SEA-LNG, we are focused on demonstrating the environmental, commercial and operational benefits of renewable LNG, bioLNG and synthetic LNG as marine fuels and the role they can play in transforming the fuel industry. maritime transport. Newport Shipping is an excellent choice and we look forward to continuing our collaboration with the team.

Lianghui Xia, General Manager of Operations at Newport Shipping, said, “We are delighted to join the SEA-LNG coalition. Its innovative work has stood out for several years, as it provides shipowners and operators with valuable analysis of the costs and benefits of the LNG sector.

“As specialists in low-carbon naval architecture projects, we look forward to adding value to the coalition through our unique perspective. We are proud of our turnkey solutions for LNG-powered vessels. and we look forward to working with SEA-LNG and our other members in the future.

The addition of Newport Shipping comes at an exciting time for LNG as a marine fuel. It is widely recognized that the path to maritime decarbonisation using LNG, bioLNG and renewable synthetic LNG is clear, safe and practical. This is evidenced by the solid order book for LNG-powered vessels. According to the latest data from Clarksons, 34 container ships were ordered in January, 15 of which are LNG dual-fuel designs. With the commercial weight of LNG, it is important that stakeholders throughout the value chain communicate and collaborate.

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