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Commercial Shipping

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Poised to capture value for customers

Shell International Trading and Shipping Company’s (STASCO) acclaimed expertise in transporting liquefied natural gas is an integral element of the Shell Group’s world leadership in the development of the LNG business. Through this, Shell has contributed to the transformation of gas from a more or less regional energy supply into a worldwide resource.

 

Our portfolio and track record demonstrate the ability to capture growth opportunities

 

In LNG shipping, Shell International Trading and Shipping Company Limited's 40 year track-record extends to the full range of commercial, technical, and operational services in LNG Shipping.

 

With the start of LNG projects in Oman and Nigeria, Shell's equity capacity is approaching 11 mpta, with further growth in prospect.

 

Shell has equity in 29 LNG vessels with a further 5 on order.

 

STASCO currently manages around 23 LNG carriers.

 

STASCO has been involved in some 26 per cent of all LNG cargoes ever delivered - an impressive achievement.

 

STASCO’s safety record has been exemplary, with several vessels achieving a coveted award for 10 years of operation without a single lost-time injury.

 

STASCO employs more than 400 officers who are qualified to serve in senior positions on LNG ships.

 

STASCO monitors and promotes industry standards and policies in line with both Group, Joint Venture and Industry interests. 

 

STASCO has been involved in pioneering Floating LNG processes involving both storage and regasification of LNG offshore.

 

Innovation in propulsion methods of LNG ships is continually researched and monitored within STASCO.

 

Project Development

  • Shipping Advisor:  Technical and commercial Shipping advisor to Shell Group.

 

LNG projects

  • Shipping economics: Analysis of the optimum project fleet requirements at the lowest cost supported by freight modelling
  • Shipping availability: Analysis of the current availability of existing vessels and their potential suitability for use and likely cost
  • Newbuilding tendering: Advice on the tendering and negotiation process for newbuilds and subsequent construction management

 

The Portfolio, Timecharter and Economics division works with Shell companies to define shipping strategy and plan vessel portfolios. It also develops the oil and gas portfolio based on Group business requirements and the market and the market

environment acting as focal point for period chartering and sale and purchase.

 

Vessel Procurement

  • Vessel Financing: Evaluation of alternative finance options for vessels and best purchase or charter options
  • Vessel Marketing: Assistance in securing vessel employment and advice on possible future trading opportunities
  • Contract Management: Negotiation and management of LNG charters and new-build contracts
  • Fleet Management tendering: Management and advice on the tendering process for fleet operations

 

Shell Group Shareholder Support

  • Focal point for LNG shipping activities: Advice and guidance on LNG shipping matters to Gas & Power and Gas & Power  Joint Venture projects
  • Market Intelligence: Analysis of competitor activity including vessel availability using knowledge of world-wide requirements for LNG project shipping

 

Click Here for an LNG Shipping brochure

 

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