• Journal of Korea Port Economic Association
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• v.32 no.1
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• pp.123-133
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• 2016

LNG(Liquefied Natural Gas) bunkering has become an important issue with the enforcement of environment regulations in shipping industry required by the International Maritime Organization (IMO). With increased attention on LNG bunkering, many studies that focus on safety, regulation, demand forecasting, and the feasibility of LNG fueled ships have been carried out. However, most of the existing research has not included considerations of the price of LNG bunkering and its competitiveness. This paper, therefore, suggests ways to increase price competitiveness in the LNG bunkering market in the Busan Port. This paper analyzes the LNG bunkering supply mechanism by investigating various LNG bunkering terminal business in the LNG supply market. Factors that determine LNG bunkering price and its elasticity are also identified. Market players who want to operate LNG bunkering terminals in the Busan Port should introduce a merchandising trade method that is able to exclude the "Korea premium" in order to increase price competitiveness. This paper also suggests adoptable strategies such as the use of TPS (Terminal to Ship via Pipeline) type of bunkering service and the importance of location for minimizing initial investment cost.

• Proceedings of KOSOMES biannual meeting
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• 2017.11a
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• pp.182-182
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• 2017

• Journal of the Korean Society of Marine Environment & Safety
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• v.26 no.7
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• pp.904-914
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• 2020

Through the Ministry of Trade, Industry, and Energy, South Korea is trying to support the "Building Project for Liquified Natural Gas (LNG) Bunkering Ship," centered on the Korea Gas Corporation, while the Ministry of Maritime Af airs and Fisheries is pushing to construct an LNG bunkering terminal at Busan New Port. LNG bunkering ships are essential for supplying LNG fuel from the terminal to the ships, resulting in the need for safety operation procedures. Therefore, in this study, the stability of a coastal LNG bunkering ship operating from Busan New Port to the anchorage in Busan Port was assessed to investigate the need for operational procedures for coastal LNG bunkering ships. Seakeeping analysis of the LNG bunkering ship was performed for each significant wave height by combining the response amplitude operator from the ship motion analysis under the potential flow theory with the actual observed sea data for five years and Texel, Marsen, and Arsloe (TMA) spectrum suitable for the Busan coast. The results showed that the roll and horizontal acceleration were the main risks that affected the navigation seakeeping performance above a significance wave height of 2 m. The operational periods of the LNG bunkering ship ranged from 83.3% to 99.9% of the total observation period.

• Journal of the Korean Institute of Gas
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• v.21 no.1
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• pp.65-71
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• 2017

LNG is being spotlighted as a clean marine fuel because of recent trend in reinforcement of marine environmental regulation. In this paper, demand prospect of LNG bunkering for Ulsan port is carried out to analgize the possibility of commercialization of floating LNG bunkering terminal. Environmental analysis for LNG bunkering and LNG bunkering trends of competitive ports in the world are considered to draw out the prospection of LNG bunkering demand in Ulsan. As a result, car carrie and oil carrier were expected to have more possibility in switching to LNG fuelled ship. The LNG bunkering demand in Ulsan. As a result, car carrier and oil carrier were expected to have more possibility in switching to LNG fuelled ship. The LNG bunkering demand in Ulsan port was expected to be about from 650,000 ton to 900,000 ton in 2030 and Ulsan port is prospected to be a good port for FLBT business in th future.

• Journal of Navigation and Port Research
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• v.44 no.6
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• pp.439-446
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• 2020

The IMO has adopted emission standards through Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL) that strictly prohibit the use of bunker C oil for vessels. In this study, we have adopted the turret-moored Floating LNG-Bunkering Terminal (FLBT) which is designed to receive the LNG from LNGCs and transfer it to LNG-bunkering shuttles in side-by-side moored condition. Numerical analyses were carried out using the high-order boundary-element method for four vessels at various relative distances. Mean wave drift forces were compared in an operational sea state. A model test was performed in the ocean engineering basin at the Korea Research Institute of Ships & Ocean Engineering (KRISO) to verify the safety of the berthing/unberthing operation. In the model test, a jig was designed to simulate tug boats pushing or pulling the bunkering vessels, so that the friction force of the g operation was not affected. Safety depended on the environmental direction, with more stable operation possible if the heading-control function of FLBT is applied to avoid beam-sea conditions.

• Journal of Ocean Engineering and Technology
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• v.31 no.6
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• pp.379-387
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• 2017

In this study, a pile-guide mooring system (PGMS) was designed for an offshore liquefied natural gas bunkering terminal (LNG-BT), which is an essential infrastructure for large LNG-fuelled ships. The PGMS consisted of guide piles to restrict five motions of the floater, except for heave, as well as a seabed truss structure to support the guide piles and foundation piles to fix the system to the seabed. Singapore port was considered for a case study because it is a highly probable ports for LNG bunkering projects. The wave height, current speed, and wind speed in Singapore port were investigated to calculate the environmental loads acting on the hull and PGMS. A load and resistance factor approach was used for the structural design, and a finite element analysis was performed for design verification. The steel usage of the PGMS was analyzed and compared with the material usage of a gravity-based structure under similar LNG capacity and water depth criteria. This paper also describes the water depth limit and wave conditions of the PGMS based on estimation of the initial investment and the present value profit difference. It suggests a suitable LNG-BT support system for various design conditions.

• Journal of Navigation and Port Research
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• v.45 no.3
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• pp.87-94
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• 2021

The IMO has adopted emission standards that strictly restrict the use of bunker C oil for vessels. Accordingly, research and bunkering pilot projects for LNG fueled ships are being actively carried out, which is expected to substantially reduce environmental pollution. In this study, we have adopted the turret moored Floating LNG Bunkering Terminal (FLBT) designed to receive the LNG from LNGCs and to transfer LNG to LNG bunkering shuttles in ship to ship moored condition. Numerical simulations have been performed with a 1-year return period of wind, wave, and current. Damping values of numerical model were adjusted from the results of model tests to obtain accurate simulation results. The results confirm safe berthing operation during the 1-year return period of environmental condition. Safety depends on the direction of environment, with increasingly stable operation facilitated by the application of heading-control function of FLBT to avoid beam-sea conditions.

• Journal of the Korean Institute of Gas
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• v.22 no.1
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• pp.37-44
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• 2018

As the international Maritime Organization is tightening up the emission regulation vessel, many countries and companies are pushing ahead the LNG fuel as one of long term solution for emission problems of ship. as a study on the way to conduct business for LNG bunkering around the world, this study was analyzed in view-point of business models focused on major countries such as Japan, China, Singapore, Europe and United States. The results of this study are as follows. China first established a nation-centered LNG bunkering policy. And then, the state and the energy company have been cooperating and carrying on LNG bunkering business for LNG fueled ships. Some countries in Europe and United States are in the process of LNG bunkering business mainly with private company. To obtain cheaper LNG fuel than bunker-C, the private company has a business model of LNG bunkering on their own LNG fueled ships, while securing LNG with high price competitiveness through partnership with middle class operators such us LNG terminal and natural gas liquefaction plant. Also, the LNG bunkering business around the world is focused on private companies rather than public corporations, but it was going to be focused on large energy companies because the initial cost required to build LNG bunkering infrastructure. Three models (TOTE model, Shell model, ENGIE model) of LNG bun kering business are currently being developed. It has been found that the way in which LNG bunkering business is implemented by different countries is applied differently according to the enterprise and national policy.

• Journal of Ocean Engineering and Technology
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• v.31 no.4
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• pp.266-273
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• 2017

In recent years, LNG bunkering terminals are needed to supply LNG as fuel to meet the emission requirements of the International Maritime Organization (IMO). A floating LNG bunkering terminal (FLBT) is one of the most cost-effective and environmentally friendly LNG bunkering systems for storing LNG and transferring it directly to an LNG fuel vessel. The FLBT maintains its position using mooring systems such as spread mooring and turret mooring. The loads on the vessel and mooring lines must be carefully determined to maintain their positions within the operable area. In this study, the wind loads acting in several side-by-side arrangements on the FLBT and LNG-BS were estimated using wind tunnel tests in the Force Technology, and the shielding effect due to the presence of ships upstream was evaluated. In addition, the empirical formulations proposed by Fujiwara et al. (2012) were used to estimate the wind force coefficients acting on the FLBT and those results were compared with experimental results.

• Journal of Ocean Engineering and Technology
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• v.32 no.1
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• pp.51-61
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• 2018

In this study, the operability of an FLBT (floating LNG bunkering terminal) was evaluated experimentally. Model tests were conducted in the KRISO (Korea Research Institute of Ships and Ocean Engineering) ocean engineering basin. An FLBT, an LNG carrier, and two LNG bunkering shuttles were moored side by side with mooring ropes and fenders. Two white-noise wave cases, one irregular wave case, and various regular wave cases were generated. The relative local motions between each LNG loading arm and its corresponding manifold in the initial design configuration were calculated from measured 6-DOF motions at the center of gravity of each of the four vessels. Furthermore, the locations of the LNG loading arms and manifolds were varied to minimize the relative local motions.