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Objective of the Research The research on development of legal frame‐ work governing the carriage of LNG within coastal water is expected to derive: �� relevant element(s) for a legal framework on the carriage of LNG within coastal water 3.0 Research Statement In order to create relevant legal framework ele‐ ment (s), several situations identified are to in‐ fluence factors for safe transportation. The situations are as follows: �� Liberalization of importers power and gas market. �� Number of receiving or discharging �� Geographical topography that reduces the ability of LNG transportation. �� The high cost of pipeline network and de‐ gasification area development and invest‐ ment. �� As people keep pace with the development, energy plans faces high resistance of NIMBY and BANANA which stand for Not In My Backyard (NIMBY) and Build Absolutely Nothing Anywhere Near Anything (BANANA), are being highlighted from the end user perspective where people per‐ ceive the LNG storage as a time bomb. �� Imbalance in demand and supply of the LNG. MIMET Technical Bulletin Volume 1 (2) 2010 Methodology | MARINE FRONTIER @ UniKL 75
Background and Problem Statement The paper (Industries Energy, Utilities & Mining, 2007) has highlighted as the following: “Many companies are struggling to optimize their LNG portfolio of assets and contracts in a way that maximizes value. Opportunities for ‘arbitrage’ profits require ever more clever valuation and modeling. The companies that identify, assess and manage the increasingly complex interdependencies and uncertainties in the evolving LNG market will be the ones who take the profits. LNG relies on two vital ingredients – infrastructure and gas” The situation has indirectly rerouted the existing LNG system into a new market regime especially on its facilities from onshore to the coastal trend. It has induced the market player to get into this particular regime as it requires no land requisition. Thus a real ‘new world gas market’ began to emerge. However a ‘world gas market’ should not be confused with the much more flexible world oil market (Jensen, 2004). The Industries Energy, Utilities & Mining (2007) also highlighted on the regulatory aspects fol‐ lows: “Taking account of regulatory risk “LNG operations are spreading to many new locations. The maturity and format of regulatory frameworks vary considerably. The economic viability of an LNG chain can be influenced significantly by national or regional regulation, particularly on regasification facilities.” Although several frameworks have been developed by the LNG players such as Ball et al, (2006), who proposed a legal framework for the Taiwanese government it is specifically for procurement activities in Taiwan. As in Not‐ teboom et al (2004), the only focused area in Snøhvit project Norway is on LNG port manage‐ ment. There is no formal framework to govern MIMET Technical Bulletin Volume 1 (2) 2010 the carriage of this particular dangerous goods carriage. Hence, a special attention on the de‐ velopment of the Legal Framework on the Coastal Water for LNG transportation and appli‐ cation is required. The immediate sign of market demand is the clear indication that LNG transportation will centre on the downstream activities as compared to the upstream. Product distribution which cover the following aspects: �Overcoming problems associated with the trans‐ portation of LNG by land. �Towards cost effective LNG transportation in downstream market activities. �Provision of a healthy, safe and secure environ‐ ment of LNG transportation /carriage within coastal water. Morimoto (2006) estimated the world LNG consumption exponentially rises from 139 m/tons to 286 m/tons in his JGC Fiscal Interim Result. The above prediction is supported by Nilsen (2007), research on LNG Trade Volume, where momen‐ tous growth of short‐term trade from 1998 to 2006 as shown in Figure 2.1. Thus, existing facili‐ ties need to be tripled by 2020 by all means and sizes as in Figure 2.2. | MARINE FRONTIER @ UniKL 76
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EDITORIAL CHIEF EDITOR Prof. Dato
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DIRECTIONAL STABILITY ANALYSIS IN S
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The determinant from equations (3)
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Table 1 ‐ Results of Stability Cr
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DO 20 J=1,7 REFF(J)=1+((J‐1)*1.5/
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Skeg Effectiveness Skeg Effectivene
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Skeg Effectiveness Skeg Effectivene
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A WATER FUELLED ENGINE FOR FUTURE M
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Stainless steel pipes are used as e
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Current development Hydrogen Oceanj
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Car industry A small group of local
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Big oil companies. For business sur
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Page 34 and 35: References [1] UNCTAD, Review Marit
Page 36 and 37: Table 3 : Tug boat Registered in Ma
Page 38 and 39: NO SHIP NAME OWNER/OPERATOR GRT DWT
Page 42 and 43: MIMET Technical Bulletin Volume 1 (
Page 54 and 55: Table 8 : Tankers Registered in Mal
Page 58 and 59: Table 10: Passenger Ship Registered
Page 62 and 63: Table 11: Container Ships Registere
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Page 72 and 73: METHODOLOGY Description of Apparatu
Page 74 and 75: Preparation and procedure for Mecha
Page 78 and 79: Figure 2.1: LNG Trade Volume 1998,
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Page 110 and 111: Figure 2: Transmission Line Diamete
Page 112 and 113: PDE equations (1) and (2). Comparis
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