New LNG Vessel to Serve Tractebel's Atlantic Basin Customers

Tuesday, June 17, 2003
Tractebel LNG North America LLC, operator of the United States' first LNG import terminal in Everett, Massachusetts, and Bergesen, based in Oslo, Norway, announced the launch of Berge Everett, a new 138,000 cubic meter liquefied natural gas (LNG) carrier that will begin making deliveries for Tractebel under an exclusive, long-term charter. Tractebel LNG North America ("TLNGNA") will use the vessel to transport LNG primarily from Trinidad to the company's Everett LNG receiving terminal, to the EcoElectrica facility in Puerto Rico, and to other LNG facilities in the Atlantic Basin. Constructed at the Daewoo Shipbuilding Yard in South Korea, the Berge Everett is 100% owned by Bergesen. "LNG is increasingly viewed as an important part of the energy supply mix in the United States and, with the addition of a new ship to our fleet of LNG carriers, we're more prepared than ever to address customers' growing demands for natural gas," said Richard L. Grant, president and CEO of TLNGNA. Bergesen CEO Svein Erik Amundsen said, "The Berge Everett further strengthens our position as a clear market leader in the larger gas carrier segments, and we look forward to continuing our collaboration with Tractebel." With the Berge Everett, Tractebel has expanded its LNG shipping portfolio to seven vessels that are either owned or under long-term charter. The Berge Everett is the second new vessel to join TLNGNA's dedicated fleet in the last 12 months. The first new vessel, Berge Boston, jointly owned by Bergesen (51%) and Distrigas S.A. (49%), entered service for TLNGNA in January of 2003 under a long-term charter agreement identical to that of the Berge Everett. TLNGNA also owns the 125,000 cubic meter carrier Matthew.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

HHI to Build FSRU for Höegh LNG

A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth

BG Group's Queensland Curtis LNG to Ship First Cargo

BG Group is set to ship the first cargo of liquefied natural gas from its flagship gas project Queensland Curtis LNG on Dec. 20, a source familiar with the matter told Reuters.

Europe Stockpiling Low Cost, Surplus LNG

Demand from top Asian buyers drops sharply; Asian, European gas price spreads converge. Europe set to becoming dumping ground for LNG. Europe is set to become

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1688 sec (6 req/sec)