Small Scale LNG Shipping

Lessons learned from the Baltics

Athens, 7 June 2016

Our services: liquefied gas shipping

Products shipped Selected customers

Actuals 2015 (volume)

Ammonia, 10.1%

Butadiene, 1.3%

CO2, 1.5%

Ethylene / Ethane, 42.2%

LNG, 11.1%

LPG, 16.4%

Propylene, 16.1%

Others, 1.3%

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Integrated shipowner: owner and operator of 30 gas carriers

Our LNG profile

6/7/2016

1 2 3

SS LNG distributionLNG as a fuel

as user

LNG as fuel by

bunker vessel

2008

LNG distribution by

small scale carrier

Anthony Veder - Lessons learned from the Baltics 3

Our small scale LNG fleet

Coral Methane

Delivery 2009

Size 7,500 cbm

Cargo LNG/LPG/Ethylene

Dimensions 118 x 19 x 6.4 m

Engine DFDE Rolls Royce

Coral Energy

Delivery 2013

Size 15,600 cbm

Cargo LNG

Dimensions 156 x 23 x 7.4 m

Engine Wärtsilä 8L50DF

Coral Anthelia

Delivery 2013 (retrofit 2014)

Size 6,500 cbm

Cargo LNG/LPG/Ethylene

Dimensions 115 x 17 x 7 m

Engine MAK DF

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Two LNG vessels on order

Coral EnergICE

Delivery Q4 2017

Size 18,000 cbm

Cargo LNG

Ice Class ICE Class 1A Super

Coralius

Delivery Q1 2017

Size 5,800 cbm

Cargo LNG

Operations Bunkering &

Feedering

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1. Critical success factor: early involvement of all parties

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Improves quality of the

business case

• total cost supply chain

• risks and redundancy

• combine shipping

requirements

Allows sufficient time

to arrange for shipping

capacity

• newbuilding

• no standard size

philosophy

• make use of limited

existing capacity

Timely identification of

ship-shore compatibility

issues

• adjustments of jetties

• optimal design of

vessel

Source

Location A

Location B

Location C

6/7/2016

Innovative solutions: elevated manifolds

7

Gate, Rotterdam

Risavika,Sweden

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Innovative solutions: flexibility in discharging

8

Ship-to-Ship transfer

Ship-to-Truck transfer

Flexible hose transfer

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2. Flexibility is key: Development of the Anthony Veder

LNG bunker-feeder vessel concept

99

The LNG bunkering market is developing, but still many uncertainties

(commercial, technical, regulatory)

Develop solutions that meet market requirements on the one hand, but

minimizes commercial risks

LNG carrier with increased manoeuvrability and outfitted with minimum LNG

bunkering equipment, rather than a dedicated bunker vessel.

Market

Challenge

AV Solution

An animation of this concept is available via www.anthonyveder.com/activities/innovations/7500-cbm-lng-bunker-feeder-vessel-concept)

6/7/2016Anthony Veder - Lessons learned from the Baltics

Sjoerd Helmer

Business Development Manager

E: shelmer@anthonyveder.com

T: +31(0)104004804

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LNG Bunker Vessels will be essential part of LNG

bunkering infra, but in the end no “single” design will

serve whole market

10,000+

500 – 10,000

0 - 500

Inland In Port Shallow water Offshore

Bunker Vessel

Ferry/Cruise

Container/Bulk/Car

Patrol Vessel

Inland

Tug/PSV/Ice breaker

Tanker

Offshore vessels

Offshore platforms

Panamax/Capemax

Bunker Vessel XL

Truck/Bunker Barge/

Fixed Filling Station

Announced Bunker Vessels