Waller Marine to Develop New LNG Terminal Facility

Press Release
Tuesday, November 13, 2012
Waller Marine 30,000 M³ ATB LNG RV (patent pending)

Innovative Waller-Designed Transport Vessels to Support Distribution

 

Waller Marine, Inc., through its LNG development subsidiaries, Waller Energy Holdings, LLC and Waller LNG Services, LLC, (the Company) has initiated activities on its first natural gas liquefaction (LNG) facility to be constructed on a 175 acre site the Company has acquired at the entrance point of the Calcasieu Ship Channel in Cameron Parish in Southwest Louisiana. Using small-scale liquefaction technology, the Company plans to install nominal 500,000 gallon per day LNG trains in phases as the market and demand for marine LNG fuels inevitably expands. The first trains are planned for the Waller PointTM LNG terminal in Cameron Parish, and additional trains are planned for a second terminal which it is developing through its subsidiary Waller Energy Partners, LLC, at a site to be secured on the Mississippi River in the first quarter of 2013. These will be the first two of the initial seven small scale LNG terminals the Company plans to install at strategic locations on each US coast.
 


With the looming regulatory requirement for vessel’s to comply with new ECA emission control regulations when operating in the territorial waters of the United States, the Company’s focus is to supply LNG to the marine fuels market. To enable the supply and distribution of LNG to and from small scale LNG terminals and for bunkering LNG as a marine fuel, Waller has been the first to conceive and design a series of small LNG vessels ranging from its 2,000 to 10,000 cubic meter capacity river transport and bunker barges and its 10,000 to 30,000 cubic meter coastwise ATB LNG vessels. Waller’s innovative concepts are patent pending before the USPTO, and Waller has recently acquired Approval in Principle from the American Bureau of Shipping (ABS).  



US vessel owners are faced with increasing costs of operations as the ECA regulations drive decisions on how they should comply; one, by installing scrubbers in the exhausts or two, by using ultra-low sulfur fuels. A third and more cost-effective alternative that will permit compliance with emissions is the use of LNG to fuel their vessels. With strategically located LNG supply facilities, a distribution of the fuel by Waller barges to small-scale LNG storage terminals combined with ship fueling with Waller LNG bunker barges at anchorages, ports and terminals throughout the US, vessel owners will have access to competitively priced LNG. Waller anticipates that substantial savings can be achieved by vessel owners using LNG fuels with payback for conversion costs being as short as six months.



Waller has also initiated a vessel conversion strategy and is working with partners on providing funding for the conversion of ships to be fueled by LNG. Working with engine manufacturers and equipment suppliers, Waller is engineering shipboard LNG fuel storage and supply systems for vessels having a range of horsepower. “They are also developing pre-manufactured systems to reduce or eliminate downtime during conversion.

 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Tank Coating for Navig8 Chem Carriers

Shipowner Navig8 is progressing the application of Interline9001, a advanced cargo tank coating from AkzoNobel’s International marine product range, on a series

New Hires at Great Lakes Towing, Shipyard

The Great Lakes Towing Company & Great Lakes Shipyard announced this week that it has made two new hires. Graham Gajewski has been named naval architect, reporting to Jonathan Leivo,

Reps. Courtney, Wittman Honored for Maritime Leadership

United States Congressmen Joe Courtney (D-Conn.) and Rob Wittman (R-Va.) this week received the Maritime Leadership Award from the Shipbuilders Council of America (SCA),

Ports

Final Gate Installed in Panama Canal Expansion

The Panama Canal Expansion, the canal's largest project since its original construction more than 100 years ago, is now 88 percent complete overall, with several

Iran Detains US Cargo Ship in Gulf -Al Arabiya

Saudi-owned Al Arabiya television said an Iranian "force" seized a U.S. cargo ship after opening fire on it in the Gulf on Tuesday and directed it to the Iranian port of Bandar Abbas.

Containers, Crude Drive Q1 Increase at Marseille Fos

A record month for containers and a revival in crude oil imports boosted first quarter throughput at leading French port Marseille Fos to 20.1 million metric tons – up by 1.

Environmental

SeaHow Skimmer System

New SeaHow skimmer systems – designed to collect both light and heavy oils efficiently – can be implemented in almost any work boat, starting with vessels only six meters long.

Ocean’s Micro-plastics as Harmful as Plastic Bags -Report

Tiny pieces of plastic or fibers, known as Micro-plastics, may act as a pathway for persistent, bio accumulating and toxic substances entering the food chain, and

DNV GL Issues Design Guidelines for DP Operations

Advanced dynamic positioning (DP) vessels can now meet critical safety regulations while gaining operational flexibility, efficiency and cost savings through new design and monitoring methods.

Energy

Roxtec Seals for Floating Tidal Turbine

Roxtec provided its waterproof sealing solution to what is called  the largest and most powerful tidal turbine in the world. Roxtec UK managing director Graham

China "Extremely Concerned" by ASEAN Statements

China's foreign ministry said on Tuesday that it was "extremely concerned" after leaders of Southeast Asian countries expressed worry about land reclamation and

DNV GL Issues Design Guidelines for DP Operations

Advanced dynamic positioning (DP) vessels can now meet critical safety regulations while gaining operational flexibility, efficiency and cost savings through new design and monitoring methods.

Fuels & Lubes

SeaHow Skimmer System

New SeaHow skimmer systems – designed to collect both light and heavy oils efficiently – can be implemented in almost any work boat, starting with vessels only six meters long.

Floating LNG Regasification is Used in Smaller Markets

According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets.

ExxonMobil Debuts Premium AFME 200

To help shipowners meet strict new emission mandates, ExxonMobil expanded its range of fuels for use within Emission Control Areas (ECA) with the introduction of

LNG

DEME Orders LNG-powered Dredgers from Royal IHC

Royal IHC has been awarded a contract for the design, construction and delivery of two unique low-emission dredging vessels to DEME in Belgium, the builder announced today.

Floating LNG Regasification is Used in Smaller Markets

According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets.

Drydocks World Wins Dubai Chamber CSR Label

Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.2092 sec (5 req/sec)