LNG Carriers Face Excessive Boil-Off Gas Exposure Risks During Congestion
LNG carriers face increased operational and commercial risks due to prolonged congestion or standby conditions.
These situations can disrupt normal boil-off gas management, leading to increased BOG exposure, constrained mitigation options, and disputes over cost, time, and cargo allocation.
The risk alert highlights the importance of maintaining accurate operational data and clear records of instructions in supporting causation analysis and defending claims relating to incremental BOG.
During prolonged delays, vessels may need to reliquefaction or controlled combustion, which can carry cost and emissions implications.