EnerSea Transport LLC (EnerSea) announced that Mercuria Holdings Limited, a principal of the Tanker Pacific Group, purchased an equity stake in EnerSea. This investment positions Tanker Pacific as a strategic partner in the development of EnerSea's natural gas transportation and storage projects. Tanker Pacific will assist EnerSea in the development of its compressed natural gas (CNG) marine transport projects by providing offshore gas storage facilities and services using EnerSea's proprietary VOTRANSTM technology. The Tanker Pacific relationship also provides for further access to capital for EnerSea projects. Other terms of the deal were not disclosed.
