Shipments of LNG as cargo began with a single ship in the 1950s. Today, the global LNG shipping fleet numbers several hundred carriers, ranging in cargo volume from 1,000 m3 to the current largest carriers with 266,000 m3. This is a well-established industry with pricing mechanisms, established contractual models and proven technology and operations.
The segment provides a link between LNG production and liquefaction plants and import terminals on the consumption side. The re-export and distribution of small quantities of LNG from import or export terminals to end consumers such as ships is not currently industrialised. Technically this can already be done and is carried out for individual projects. First bunkering ships are operating since summer 2017, other will follow soon.