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Navigator Holdings Ltd. NOK [600 - 800] Million Senior Secured Bond Issue October 2018
Navigator Holdings Ltd. NOK [600 - 800] million Senior Secured Bond Issue October 2018 “Navigator Holdings Ltd. (NYSE:NVGS)” 1 DISCLAIMER About this Presentation We, Navigator Holdings Ltd. (“Navigator”, “Navigator Gas” or the “Company”), have prepared this presentation, together with its enclosures and appendices (collectively, the “Presentation"), to provide introductory information solely for use in connection with the contemplated offering of bonds (the “Bonds” or the “Bond Issue”) to be issued by us and expected to be initiated in October 2018 (the “Transaction”). We have retained Fearnley Securities AS (“Fearnley”) and Nordea Bank Abp, filial i Norge (“Nordea”) as managers of the Transaction (the “Managers”). This Presentation is not in itself an offer to sell or a solicitation of an offer to buy any securities. Accuracy of information and limitation of liability: Any decision to invest must only be made with careful consideration and not in reliance solely on the introductory information provided herein which does not purport to be complete. Any application to invest will be subject to a term sheet setting out the terms and conditions of the securities and an application form which any investment will be subject to. Please do not hesitate to ask us any questions which would be relevant for your consideration and which are not contained herein. We have assimilated the information contained herein from various sources and unless stated the information is a result of our own activities. We have taken reasonable care to ensure that, and to the best of our knowledge as of 22 October 2018, material information contained herein is in accordance with the facts and contains no omission likely to affect its understanding. -
LNG As a FUEL What's Current & What's Next
LNG as a FUEL What’s current & What’s Next Tony Teo / Peter Bant , Det Norske Veritas (Canada) Ltd. April 2012 Agenda Existing Short Sea Shipping IMO - Update Future “GREEN” Ships What's CURRENTand What's NEXT! April 2012 © Det Norske Veritas AS. All rights reserved. 2 Background - Environment Are ships built today prepared for stricter air pollution regulations? Geiranger Fjord What's CURRENTand What's NEXT! April 2012 © Det Norske Veritas AS. All rights reserved. 3 LNG Background- DNV’s History • 1959 DNV Establishes a LNG Research Team. • 1962 Membrane cargo containment system developed and tested successfully. • 1962 First Class Society to establish Rules for Gas Carriers. • 1969 -72 Moss spherical tank design developed. • 1972 Basic design criteria for TYPE B tanks formulated in the Rules. • 1970-1976 DNV was prime contributor to the development of the IMO Gas Carrier Code. • 2001 First Class society to publish rules for Gas Fuelled Engine Installations. • 2003 First class society to publish rules for CNG carriers. • 2004 Technical guidance for offshore LNG terminals. What's CURRENTand What's NEXT! April 2012 © Det Norske Veritas AS. All rights reserved. 4 NORWAY – NOx FUND In 2000 Norway introduced a NOx TAX on emissions. In 2008 Norway introduced a NOx FUND. The FUND is financed by its members paying NOK 4 per kg NOx emitted, encouraged by the exemption from the Norwegian NOx Tax of NOK 16 per kg NOx emitted. NOx fund has granted funding to two supply vessels / three passenger ferries and one gas carrier, and fifteen (15) additional LNG fuelled vessels have been granted funding. -
LNG AS SHIP FUEL No 01 2014
LNG AS SHIP FUEL No 01 2014 THE FUTURE – TODAY LNG READY SERVICE ENGINES FOR GAS-FUELLED SHIPS RECOMMENDED PRACTICE ON BUNKERING GLOBAL LNG SOLUTIONS DNV GL Anzeige Safe Hands MARITIME PUT THE FUTURE OF YOUR FLEET IN SAFE HANDS As your classification partner, our extensive maritime vessels, benefitting your business and the maritime industry expertise, technical knowledge and regulatory foresight as a whole. With DNV GL your fleet is in safe hands. will help to ensure that your fleet meets the demands Can you afford anything else? of the future. Our aim is safety, compliance and optimal operational performance throughout the lifetime of your Learn more at dnvgl.com/maritime 2 LNG AS SHIP FUEL No. 01 2014 EDITORIAL In 2000 the first LNG-fuelled ferry based on DNV GL standards was launched. This ferry has been operating safely and successfully ever since. Over the years that have followed, shipping has seen bunker prices rise sharply and environmental regula- tions tighten, while in the LNG sector there has been a surge in production and deployment of infrastructure. Combined, these trends have set the stage for LNG to emerge as a viable fuel choice on a much larger scale. In 2014 the industry hit a significant milestone with over 120 LNG-fuelled ships in operation or on order worldwide. They range from passenger ferries, Coast Guard ships, containerships and Con-Ro vessels to Dr Gerd-Michael Wuersig tankers and platform supply vessels. The vast majority Business Director LNG-fuelled ships Senior Principal Specialist of these ships is in operation or will be built to DNV Business Development GL class, reflecting the trust our customers have in [email protected] our long involvement in this technology and our continually evolving technical expertise. -
A01 the Most Important Industrial Gases – Applications and Properties
A01 The most important industrial gases – Applications and properties Gas overview (table) Name Property / hazards Delivery form / hazards Liquefied Inert / non- Oxidising/fire Dissolved (in Cryogenically Combustible Gaseous under pres- Solid flammable intensifying solvent) liquefied sure Acetylene X X Argon X X X Helium X X X Carbon dioxide X X X X Oxygen X X X Nitrogen X X X Hydrogen X X X Propane (bu- X X tane) Acetylene (C2H2) Properties / manufacture Acetylene is a colourless, non-toxic fuel gas with a faint odour that is slightly lighter than air (relative density = 0.91). Acetylene is transported and stored in pressurised gas cylinders with a porous filling, dissolved in acetone. The cylinder must therefore be stored upright. It is produced from calcium carbide in acetylene generators or by the petrochemical sector. Main applications Multi-purpose fuel gas (autogenous welding and cutting process), chemical synthe- ses, etc. Safety Under unfavourable conditions, the energy-rich acetylene molecule can decompose without the involvement of oxygen, thereby releasing energy. This self- Shoulder decomposition can be initiated when an acetylene cylinder is exposed to high levels colour “oxide red” of heat or by flashback in the cylinder. The start of decomposition can be detected RAL 3009 by the generation of heat in the cylinder. Acetylene forms explosive mixtures with air. Ignition range in air: 2.3 - 82 % Self-ignition temperature in air: 305 °C A01 The most important industrial gases IGS-TS-A01-17-d Page 1 of 4 Argon (Ar) Properties / manufacture Argon is a colourless, odourless, non-combustible gas, extremely inert noble gas and heavier than air (relative density = 1.78). -
Navigator Holdings Ltd. “NVGS”
Stifel Presentation August 2017 Navigator Holdings Ltd. “NVGS” This presentation contains certain statements that may be deemed to be “forward-looking statements” within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as “may”, “plan”, “seek”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “opportunity”, “target”, “goal”, “growing” and “continue” or other words that relate to future events, as opposed to past or current events. All statements, other than statements of historical facts, that address activities, events or developments that Navigator Holdings Ltd. (“Navigator” or the “Company”) expects, projects, believes or anticipates will or may occur in the future, including, without limitation, acquisitions of vessels, the outlook for fleet utilization and shipping rates, general industry conditions, future operating results of the Company’s vessels, capital expenditures, expansion and growth opportunities, business strategy, ability to pay dividends and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this presentation are based on reasonable assumptions, actual results may differ any expectations or goals expressed in, or implied by, the forward-looking statements included in this presentation, possibly to a material degree. Navigator cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term financial goals will be realized. All forward-looking statements included in this presentation speak only as of the date made, and Navigator undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. -
“Navigator Holdings Ltd. (NYSE:NVGS
Company Presentation September 2019 “Navigator Holdings Ltd. (NYSE:NVGS)” Confidential This presentation contains certain statements that may be deemed to be “forward-looking statements” within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as “may”, “plan”, “seek”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “opportunity”, “target”, “goal”, “growing” and “continue” or other words that relate to future events, as opposed to past or current events. All statements, other than statements of historical facts, that address activities, events or developments that Navigator Holdings Ltd. (“Navigator” or the “Company”) expects, projects, believes or anticipates will or may occur in the future, including, without limitation, acquisitions of vessels, the outlook for fleet utilization and shipping rates, general industry conditions, future operating results of the Company’s vessels, capital expenditures, expansion and growth opportunities, business strategy, ability to pay dividends and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this presentation are based on reasonable assumptions, actual results may differ any expectations or goals expressed in, or implied by, the forward-looking statements included in this presentation, possibly to a material degree. Navigator cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term financial goals will be realized. All forward-looking statements included in this presentation speak only as of the date made, and Navigator undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. -
Colonization of Venus
Conference on Human Space Exploration, Space Technology & Applications International Forum, Albuquerque, NM, Feb. 2-6 2003. Colonization of Venus Geoffrey A. Landis NASA Glenn Research Center mailstop 302-1 21000 Brook Park Road Cleveland, OH 44135 21 6-433-2238 geofrq.landis@grc. nasa.gov ABSTRACT Although the surface of Venus is an extremely hostile environment, at about 50 kilometers above the surface the atmosphere of Venus is the most earthlike environment (other than Earth itself) in the solar system. It is proposed here that in the near term, human exploration of Venus could take place from aerostat vehicles in the atmosphere, and that in the long term, permanent settlements could be made in the form of cities designed to float at about fifty kilometer altitude in the atmosphere of Venus. INTRODUCTION Since Gerard K. O'Neill [1974, 19761 first did a detailed analysis of the concept of a self-sufficient space colony, the concept of a human colony that is not located on the surface of a planet has been a major topic of discussion in the space community. There are many possible economic justifications for such a space colony, including use as living quarters for a factory producing industrial products (such as solar power satellites) in space, and as a staging point for asteroid mining [Lewis 19971. However, while the concept has focussed on the idea of colonies in free space, there are several disadvantages in colonizing empty space. Space is short on most of the raw materials needed to sustain human life, and most particularly in the elements oxygen, hydrogen, carbon, and nitrogen. -
2013 News Archive
Sep 4, 2013 America’s Challenge Teams Prepare for Cross-Country Adventure Eighteenth Race Set for October 5 Launch Experienced and formidable. That describes the field for the Albuquerque International Balloon Fiesta’s 18th America’s Challenge distance race for gas balloons. The ten members of the five teams have a combined 110 years of experience flying in the America’s Challenge, along with dozens of competitive years in the other great distance race, the Coupe Aéronautique Gordon Bennett. Three of the five teams include former America’s Challenge winners. The object of the America’s Challenge is to fly the greatest distance from Albuquerque while competing within the event rules. The balloonists often stay aloft more than two days and must use the winds aloft and weather systems to their best advantage to gain the greatest distance. Flights of more than 1,000 miles are not unusual, and the winners sometimes travel as far as Canada and the U.S. East Coast. This year’s competitors are: • Mark Sullivan and Cheri White, USA: Last year Sullivan, from Albuquerque, and White, from Austin, TX, flew to Beauville, North Carolina to win their second America’s Challenge (their first was in 2008). Their winning 2012 flight of 2,623 km (1,626 miles) ended just short of the East Coast and was the fourth longest in the history of the race. The team has finished as high as third in the Coupe Gordon Bennett (2009). Mark Sullivan, a multiple-award-winning competitor in both hot air and gas balloons and the American delegate to the world ballooning federation, is the founder of the America’s Challenge. -
Emergency Response Towing Vessel (Ertv) Enrollment Agreement
EMERGENCY RESPONSE TOWING VESSEL (ERTV) ENROLLMENT AGREEMENT Schedule of Vessel Information Vessel’s Name: Cargo Oil (if applicable): Flag (Port of Registry): Vessel’s Cargo Oil Capacity: BBLS Official or IMO Number: Type of Oil Carried (check all that apply) Gross Registered Tons: ☐ Crude Oil Deadweight Tons (DWT): ☐ Product (list oil products carried): Vessel characteristics information will be verified using Lloyds Will Vessel Call in Washington ports of the Puget Sound ☐ Non-Petroleum Oil (list): region via Strait of Juan de Fuca? ☐ Yes ☐ No Fuel Oil: (if not, ERTV enrollment and this Schedule are not necessary) Vessel’s Fuel Oil Capacity: BBLS Vessel Type (check type): Type of Fuel Oil Carried ☐ Tank Ship (carrying oil of any kind as cargo) ☐ Tank Ship (not carrying oil as cargo) Worst Case Discharge (WCD) for oil spill contingency ☐ Tank Barge (carrying oil of any kind as cargo) planning purposes: BBLS ☐ Articulated Tug and Barge (carrying oil as cargo) Oil capacities and WCD are validated using information ☐ Gas Carrier on the Coast Guard Vessel Response Plan website ☐ Passenger Vessel ---------------------------------------------------------------------- ☐ Container Ship OIL SPILL RESPONSE COVERAGE: ☐ Ro/Ro USCG Vessel Response Plan (VRP) Control No: ☐ Car Carrier ☐ Bulk Carrier Washington State Approved Oil Spill Vessel Response Plan: ☐ Break Bulk Cargo Carrier ☐ Vessel/Company Plan ☐ Towing Vessel ☐ Washington State Maritime Cooperative Plan ☐ Fishing Industry Vessel ☐ National Response Corporation Plan ☐ Other (describe): Ship -
Assessment of Innovative Small Scale Lng Carrier Concepts
ASSESSMENT OF INNOVATIVE SMALL SCALE LNG CARRIER CONCEPTS Carlos Guerrero, Global Market Leader, Tankers and Gas Carriers Bureau Veritas Marine & Offshore Carlos Guerrero, Bureau Veritas Marine & Offshore INTRODUCTION/BACKGROUND Sophisticated liquefied natural gas (LNG) carriers for break bulk distribution commonly known as small scale LNG carriers have been developed for many years already. The first modern designs are in service for more than one decade. Although this market segment represent less than one per cent of the total shipping capacity, it is still a high value fleet taking into account the unitary cost of small scale carriers. The concept of small scale LNG carrier has further developed in the past few years due to new developments linked to the distribution of LNG as a marine bunker fuel. LNG as a marine fuel is step by step taking a relevant position as one of the most interesting solution to comply with stringent environmental regulations for shipping. The global cap of 0,5% of sulphur content in marine fuels established by the International Maritime Organization (IMO) will possibly drive shipowners to consider clean fuels instead of exhaust gas abatement systems in the horizon of 2020. As a consequence additional LNG bunker supply capacity is required to satisfy the demand and it is expected that new small scale carriers dedicated to deliver this bunker fuel will be deployed in the most important bunkering hubs all over the world. In fact several small scale LNG ships below 10,000 cubic meters have recently entered into service with LNG bunkering ability. These ships are more innovative than standard small LNG carriers and have been designed and built to perform break bulk LNG distribution but mainly distribution of LNG as a bunker fuel. -
Atmospheric Planetary Probes And
SPECIAL ISSUE PAPER 1 Atmospheric planetary probes and balloons in the solar system A Coustenis1∗, D Atkinson2, T Balint3, P Beauchamp3, S Atreya4, J-P Lebreton5, J Lunine6, D Matson3,CErd5,KReh3, T R Spilker3, J Elliott3, J Hall3, and N Strange3 1LESIA, Observatoire de Paris-Meudon, Meudon Cedex, France 2Department Electrical & Computer Engineering, University of Idaho, Moscow, ID, USA 3Jet Propulsion Laboratory, California Institute of Technology, Pasadena, CA, USA 4University of Michigan, Ann Arbor, MI, USA 5ESA/ESTEC, AG Noordwijk, The Netherlands 6Dipartment di Fisica, University degli Studi di Roma, Rome, Italy The manuscript was received on 28 January 2010 and was accepted after revision for publication on 5 November 2010. DOI: 10.1177/09544100JAERO802 Abstract: A primary motivation for in situ probe and balloon missions in the solar system is to progressively constrain models of its origin and evolution. Specifically, understanding the origin and evolution of multiple planetary atmospheres within our solar system would provide a basis for comparative studies that lead to a better understanding of the origin and evolution of our Q1 own solar system as well as extra-solar planetary systems. Hereafter, the authors discuss in situ exploration science drivers, mission architectures, and technologies associated with probes at Venus, the giant planets and Titan. Q2 Keywords: 1 INTRODUCTION provide significant design challenge, thus translating to high mission complexity, risk, and cost. Since the beginning of the space age in 1957, the This article focuses on the exploration of planetary United States, European countries, and the Soviet bodies with sizable atmospheres, using entry probes Union have sent dozens of spacecraft, including and aerial mobility systems, namely balloons. -
LNG Snews 30 Apr Layout 1
LNG Shipping News AN LNG JOURNAL TITLE ON LNG CARRIERS 30 April 2020 Record LNGC newbuilding SHIPPING NEWS slots reserved AGENDA Qatar Petroleum (QP) has reserved shipbuilding slots in China in what could be a MARKETING precursor for a major LNGC order for up to 60 ships. The slots were reserved at Hudong-Zhonghua Shipbuilding Group (Hudong), a wholly owned subsidiary of China State Ship- building Corporation Limited (CSSC). Some of the vessels will be used for exports from the North Field expansion project. Due to the virus pandemic, the signing ceremony was held remotely Imports/exports hit Up to 60 LNGCs could be or- 2 dered in China out of the 100 plus right track to ensuring that our fu- great support to this effort in line Delays on the cards envisaged, as part of Qatar’s natu- ture LNG fleet requirements will with our mutual desire to further 3 ral gas expansion plans and as be met in due time to support our strengthen the excellent relations BUSINESS fleet replacements. increasing LNG production capacity. between China and Qatar, espe- Saga’s first cargo “The value of this landmark cially during the unusual circum- 4 Virtual ceremony agreement has the potential to be stances the world is currently Port Kembla to Speaking at the virtual signing cer- well in excess of QR11 bill, depend- facing. I am also very grateful to expand 4 emony, which was held on 22nd ing on our requirements and the the Qatar Petroleum and Qatargas April, HE Saad Sherida Al-Kaabi, extent of China’s LNG shipbuilding teams, whose dedicated efforts Cameron Phase 1 Qatar’s Minister of State for Energy capacity expansion.