Canada's First Shipment of LNG to China

A pilot project is underway to determine the feasibility of liquefied natural gas transport from Canada to China. FortisBC’s Tilbury facility in Delta, British Columbia supplied the LNG, with True North Energy Corporation and CIMC ENRIC Holdings Limited providing equipment. The containership carrying the cargo left from Vancouver.

FortisBC has expanded its Tilbury LNG storage facility and improved its natural gas transport capabilities. 

Michelle Mungall, BC Minister of Energy, Mines and Petroleum Resources, stated: “Our Government is pleased to see this pilot project launch its first shipment of LNG to China.” 

China is projected to become the world’s second-largest LNG importer next year and is working with LNG exporters on finding feasible methods of delivery. Natural gas is the cleanest-burning fossil fuel and should help in reducing pollution.

​New Perspective for Western Europe and East Asia Trade

​Due to the last decades climate change the Northeast Passage becomes more available. The ice is melting and ships can go through without icebreakers assistance. Unexpectedly, it would be much more faster to carry cargo comparing to the shipping through Suez Canal, as it is being sailed through be around 17000 vessels annually when only 40 ships are heading north each year. The Northeast Passage shortens the route by 25-37%. Each year there more and more ships were noticed choosing this way during 2011-2016. The first ship to go through the arctic was Cosco's Yong Sheng in 2013, having arrived to Rotterdam in 9 days after departure from Shanghai. So far the only thing preventing the Passage from worldwide usage is a shallow bathymetry, which does not allow megaships going through, only vessels with 13 m depth with maximum cargo capacity of 4500 TEUs can use it for now, but Arctic route attracts more shippers to use it, and therefore more investment to come to fix it.

Global Container Volumes Grow by 7.7%

According to Alphaliner,  the port volumes recorded a 7.7% rise in aggregate throughput last time.  Alphaliner noticed that the strong  growth figures  at 7.4% and 5.8%  respectively, this information relies on survey, which covers more than 200 ports. In conclusion we can see the growth upwards estimate to 6.4% for 2017. All regions shows significant growth  this year and led by Latin American ports which recorded the highest growth rate of 10% in the third quarter of 2017. During this period Mexican ports like Manzanillo, Lazaro Cardenas, Veracrus and Altamira show  growth to  15.2%, the Panama port shows gain in  11.1%.

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