Shell commits to U.S.-built, U.S.-based LNG bunkering vessel; Red ink quarter rattles Maersk shareholders

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Shell commits to U.S.-built, U.S.-based LNG bunkering vessel
November 7, 2017 — Shell Trading (US) Company has finalized a long-term charter agreement with Q-LNG Transport, LLC for a 4,000 cu.m LNG bunker barge. The first of its kind to be based in the United States, the ocean-going LNG bunker barge will supply LNG to marine customers along the southern East Coast of the U.S. and support growing cruise line demand for LNG marine fuel. Q-LNG is a new company owned 70% by Harvey Gulf International Marine CEO Shane Guidry and 30% by Harvey Gulf. The Shell bunkering barge will be built by VT Halter Marine, Inc.

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