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Sea Ng Corporation News

24 Jan 2007

Marubeni and Teekay Join Sea NG in Global Alliance

Sea NG Corporation said that Marubeni Corporation and Teekay Shipping Corporation have formed an alliance with Sea NG for the worldwide commercial deployment of Sea NG's Coselle system for transporting compressed natural gas (CNG) by ship. The Coselle ship is the only marine vessel fully approved by any international marine classification society for the carriage of CNG. Coselle ships will transport moderate volumes of natural gas (30 to 700 mmscf/d) over medium distances (200 to 1500 miles). Coselle(TM) CNG will economically and reliably serve the segment of the market that cannot effectively be supplied by pipelines or liquefied natural gas (LNG).

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.

19 Sep 2006

First CNG Carrier Ready for Construction to ABS Class

Canadian-based Sea NG Corporation. is the first full class approval for a CNG carrier issued by the Bureau. later this year. the Caribbean or Mediterranean Seas. well as applicable parts of the ABS Steel Vessel Rules. Carriers. CNG. coiled into a carousel to store the high-pressure natural gas. transport and stacking of the Coselles within the ship. comprise approximately 10 miles of 6-inch diameter pipe. pipe in total). in a fully enclosed and inerted cargo house on the weather deck. vessels will feature a dual fuel propulsion system with bow thruster. manifold system for efficient loading and unloading of the natural gas.