Eversheds Sutherland LNG Law Blog
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ABS and DSME to Jointly Develop an LNG-Fueled Drillship

On Wednesday, the American Bureau of Shipping (ABS) and Daewoo Shipbuilding & Marine Engineering (DSME) announced that they have entered into a joint development project to develop the first LNG-fueled drillship.  The project will target the Gulf of Mexico market.  Dr. Sung Geun Lee, the CTO and Executive Vice President of DSME, commented: “We are pleased to collaborate on this...

ABS Official Foresees Surplus of Available LNG Tankers Until New Liquefaction Comes On Line

Platts LNG Daily reports that Patrick Chaney with the American Bureau of Shipping (ABS) said at the LNG North America Summit that as many as one hundred LNG carriers are set to be added to the global fleet over the next few years and many will remain idle until new liquefaction comes on line. Chaney went on to tell Platts LNG Daily that he expects the global LNG vessel fleet to reach...

Clatsop County Seeks Outside Expert to Review Bradwood Landing LNG Proposal

Clatsop County, Ore., issued a press release Monday seeking an outside expert to evaluate safety and security issues for the proposed Bradwood Landing regasification terminal. The chosen consultant will conduct interviews and analyze documents such as the American Bureau of Shipping Waterway Suitability Analysis, the Coast Guard Waterway Suitability Report, and the FERC application....

Op-ed: LNG Projects Offer Economic Benefits for Maine

A Sargentville, Maine resident agrees with remarks made by American Bureau of Shipping chairman Bob Somerville in support of Maine’s LNG projects, adding that the economic “benefits for Maine of assuming its natural role as one of the nation’s most important energy transshipment points outweigh by far some misperceived risks.” His op-ed may be found in...

ABS Chairman Urges Maine to Develop LNG Market

The Chairman of the American Bureau of Shipping believes that Maine’s position in the international marketplace would be enhanced by the development of LNG import terminals. Speaking at a conference at the Maine Maritime Academy, Bob Somerville emphasized the need for Maine to play an expanded role in the regional LNG industry and highlighted the impressive global safety record...

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