GAC, a leader in global shipping services, has been appointed sole provider of hub agency services for the worldwide LNG fleet of BG Group, which has a broad portfolio of business interests focused on exploration and production of liquefied natural gas.

The agreement also covers crude oil and LPG shipments to accommodate BG Group’s expanding cargo range, said a statement.

The new five-year contract took effect on January 1 with GAC providing hub and ship agency services and a range of value-added solutions covering the movement of BG Group’s cargoes around the world.

Kumar Ganesan, general manager for GAC Global Hub Services, co-ordinated the negotiations along with Bob Bandos, managing director of GAC Shipping US.

“This global contract with BG Group is an outcome of mutual reliability, a commitment to thinking long-term and a willingness to listen to each other. It’s the product of a partnership that continues to grow stronger,” said Ganesan.

“We have been working closely with the BG Group for more than a decade and we look forward to supporting the company in its global LNG, LPG and Crude Oil business growth,” he said.

GAC operates Hub Agency Centres in Dubai, Houston, Singapore and Grangemouth, co-ordinating port calls globally for fleet operators. - TradeArabia News Service