Qatargas Case Study

Story

  • Qatargas Operating Company is responsible for monitoring the chartered fleet of LNG vessels and utilising them in the most efficient way to deliver LNG to its customers.
  • his requires planning and management of voyages performed by the vessels, monitoring each vessel’s performance against the terms of Charter Party Agreements, planning and balancing existing shipping capacity with future demands, reconciliation of inter-venture vessels utilisations and bunker planning.
  • Analysis is performed on data received from vessels to ensure compliance and efficient use of the fleet and voyage performance is measured against set KPIs.

Solution

  • Qatargas has chosen ShipNet to implement the voyage management and analysis solution for its operating business.
  • Implementing key functions in voyage management such as:
    • Maintaining vessel and delivery constraints
    • Checks on terminal compatibility
    • Interface to planning solution to manage cargo delivery sequence
    • Vessel scheduling
    • Bunker planning
    • Real-time voyage management
    • Deviation management
    • Position reporting

Results

  • After a series of successful pilot runs, ShipNet solution has been successfully implemented to satisfy the business requirement of all departments within Qatargas.
  • Voyage management and the shipping analysis implemented web-based voyage reporting for all chartered ships for seamless real-time voyage reporting.
  • Subsequent to the merger of QG with RasGas, all shipping business processes were successfully integrated with the help of ShipNet solution.
  • ShipNet has been an integral part of the shipping business as it helps to evaluate, manage and monitor the voyages at various stages of it operations which is very critical for the LNG delivery/supply chain.