To translate SEA\LNG’s vision of a competitive global LNG value chain for cleaner maritime shipping by 2020 into action, we have developed a strategy, based on three pillars.
That’s why we’re committed to developing and communicating research, reference materials and proof points for key stakeholders in the shipping industry such as shipping lines, ports and local communities, shippers, ship finance as well as governments and regulators.
Our aim is to highlight the viability of and demand for LNG across the maritime value chain, creating the necessary confidence between each link, and helping, for example:
- Shipping companies to understand the demand from the shippers and their customers;
- LNG suppliers to see growing demand from shipping companies;
- Shipping companies to have confidence that the LNG supply and bunkering infrastructure will be available;
- OEMs (engine and tank manufacturers) and shipyards to have the confidence to make investments to drive down conversion and new build costs;
- Regulators, to have a better understanding of commercial drivers and the need to co-ordinate with and learn from each other;
- Port authorities to have the support of local communities; and
- Investors to have the confidence to allocate capital to LNG shipping and the related infrastructure.
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SEA\LNG brings together key players in the LNG shipping value chain, including shipping companies, classification societies, ports, major LNG suppliers, LNG bunkering companies, infrastructure providers and OEMs (original equipment manufacturers), helping to break down the commercial obstacles to transform the localised use of LNG as a marine fuel into a global reality.