LNG carriers are experiencing significant operational, commercial, and contractual challenges when faced with prolonged port congestion, drifting, or standby situations. These extended delays disrupt the vessels' ability to manage boil-off gas (BOG) effectively, leading to increased BOG exposure and potential cargo loss. The limited options for mitigation during such periods can result in disputes concerning costs, transit times, and cargo allocation.
For freight forwarders and operations managers, this situation translates into potential delays for LNG shipments and increased costs, which may be passed on to shippers. The risk of cargo quantity discrepancies upon arrival also rises, necessitating careful documentation and communication with carriers. Understanding the contractual terms related to BOG management during delays is crucial to avoid disputes.
To address these issues, it is essential for all parties to maintain accurate operational data and clear records of instructions. This transparency can help in resolving potential conflicts and ensuring accountability for any additional costs or cargo losses incurred due to BOG mismanagement during unforeseen delays.
