SEA\LNG coalition adds Marubeni
SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced that it has welcomed Japan-based Marubeni to its expanding membership. With the addition of Marubeni, the SEA\LNG coalition bolsters its efforts to drive forward LNG as a marine fuel, and to progress its vital role as a viable solution in the energy transition within shipping.
Since its launch in July 2016, SEA\LNG’s membership has quickly grown from 13 to 25 members, clearly indicating the industry’s attention to LNG as a cost effective, safe and more environmentally friendly long term fuelling solution. In this short time the coalition has established itself as a key voice for maritime LNG development. The coalition continues to voice its views on the need to work collaboratively with key players across the entire LNG value chain, including shipping companies, LNG suppliers, infrastructure providers, classification societies, downstream companies, major ports, and OEMs (original equipment manufacturers) to break down the barriers to LNG uptake ahead of the global sulphur cap from 2020.
Founded over 150 years ago, Marubeni Corporation has extensive knowledge and experience of importing and exporting products, providing services and business investments for a broad range of sectors, including energy, chemicals, as well as power, logistics, and infrastructure projects. The company has been involved in LNG industries by equity participation in liquefaction projects, trading, gas-fired power projects, and owning LNG carriers. The company also has a history of bunker fuel trading for more than 40 years.
SEA\LNG and its member organisations continue to advocate for the need to collaborate, demonstrate, and communicate on key areas such as safety, regulation, emissions, and the economic case, to provide the confidence and demand required for an effective and efficient global LNG value chain by 2020.
SEA\LNG brings together key players from across the supply chain, including shipping companies, classification societies, ports, major LNG suppliers, downstream companies, infrastructure providers and OEMs (original equipment manufacturers) to address market barriers and transform the use of LNG as a marine fuel.
SEA\LNG is a not for profit collaborative industry foundation serving the needs of its member organisations. SEA\LNG’s members include: ABS, Bureau Veritas, Carnival Corporation & plc, Clean Marine Energy, DNV GL, Eagle LNG Partners, ENGIE, ENN Group, Gas Natural Fenosa, GE, GTT, JAX LNG, Keppel Gas Technology, Lloyd’s Register, Marubeni Corporation, Mitsubishi Corporation, NYK Line, Petronet LNG, Port of Rotterdam, Qatargas, Shell, Total, TOTE Inc., Toyota Tsusho and Wärtsilä.
SEA\LNG is guided by a board, which is led by Chairman Peter Keller. Each member organisation commits mutually agreed human resources, data analysis and knowledge sharing in support of SEA\LNG initiatives and activities and financially contributes via a membership fee.
The SEA\LNG coalition was established by Xynteo, a platform for galvanising leaders and catalysing ideas – and fusing them into new projects, for new growth.
Marubeni is involved in the handling of products and provision of services in a broad range of sectors. These areas encompass importing and exporting, as well as transactions in the Japanese market, related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore trading.