SEALNG Welcomes First Shipbrokers

SEALNG has welcomed Exeno Yamamizu Corporation (Yamamizu) and Fearnleys AS as the first shipbroking companies to join this multi-industry coalition aiming at accelerating the adoption of LNG as marine fuel. 

“SEALNG is pleased to welcome Exeno and Fearnleys to its membership coalition. Our members continue to be a strong voice advocating for LNG as a cost-effective, safe, and more environmentally friendly long-term fuelling solution,” Peter Keller, SEALNG chairman and executive vice president of TOTE, said.

“The support for and momentum behind the use of LNG as a marine fuel, particularly in the last 18 months, demonstrates the need for pooling knowledge and working collaboratively to break down the barriers to LNG uptake ahead of the 2020 global sulphur cap,” Keller added.

Japan-based shipbroking company, Exeno Yamamizu has a long history in shipping. Since April 2017, its energy department has been responsible for managing LNG-related chartering services for several clients. In addition, the energy department is responsible for monitoring the growing demand of LNG as a marine fuel, and for facilitating business development in this emerging market by coordinating information about LNG bunker supply vessels, barges, and loading facilities in Japan and abroad.

“Exeno Yamamizu Corporation has a great wealth and breadth of expertise in relation to LNG as well as the wider marine industry. We look forward to working collaboratively with our fellow SEALNG members to support the growth and development of LNG as a marine fuel as the preferred fuel choice of the future,” Hisaaki Masuda, president, Exeno Yamamizu Corporation, commented.

For nearly 150 years, Fearnleys has been an international shipbroking company providing chartering, sale & purchase, and newbuilding contracting services in almost all shipping sectors. Fearnleys’ involvement in LNG began in the late 1960s.

“We are very pleased to join the SEALNG coalition and to collaborate with its membership to meet the challenges of the future marine fuel environment. We look forward to lending our knowledge and expertise as we continue to work together to achieve the common goal of making LNG the fuel of choice for the shipping industry,” Kristian Sorensen, CEO – global head of shipbroking at Fearnleys AS, said.

The coalition whose membership currently stands at 33 organizations is committed to uniting knowledge and expertise from across the LNG value chain, including shipping companies, ports, major LNG suppliers, classification societies, downstream companies, infrastructure providers, shipyards, financial institutions, OEMs, and most recently shipbrokers.