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Marine Gas Transportation Market News

17 Jul 2007

GPA Design For CNG Carrier

Guido Perla & Associates, Inc. (GPA) is providing the design to Sea NG Corp. located in Calgary, Canada, for two additional versions of the Coselle Compressed Natural Gas CNG carrier, based on a similar design which was approved by ABS in September 2006 for construction and will primarily be engaged on international voyages. “CNG carriers are a cost effective, reliable and safe alternative to the traditional ways of transporting natural gas via subsea pipelines or Liquefied Natural Gas (LNG) carriers,” said Dan Koch, Vice President of Engineering. “When circumstances allow it, pipelines provide the best option for transporting gas over short distances, while Liquefied Natural Gas carriers offer various advantages for large quantities of natural gas to be transported over long distances.

20 Sep 2006

CNG Carrier Construction Contracts to Come

ABS has given full design approval for the class of the compressed natural gas (CNG) carrier designed and developed by Canadian-based Sea NG Corporation. Sea NG is expected to award construction of three Coselle CNG carriers later this year. These first vessels are intended to service projects in the Caribbean or Mediterranean Seas. “We are pleased to bring innovation to the marine gas transportation market by offering a new ship-based gas delivery system that is safe, reliable and economic,” said Dave Stenning, President & CEO of Sea NG. The vessels’ design has been approved to the standards established in the ABS Guide for Vessels Intended to Carry Compressed Natural Gases in Bulk as well as applicable parts of the ABS Steel Vessel Rules.