Crowley Signs Multi-Year Deal to Ship LNG to Puerto Rico
- Business & Finance
US-based liquefied natural gas company Pivotal LNG signed a multi-year agreement to sell liquefied natural gas (LNG) to Carib Energy, a subsidiary of Crowley Maritime Corp, which will then be shipped to Puerto Rico, according to Crowley.
Under the contract, Pivotal will load LNG onto international shipping organization (ISO) containers, authorized by the US Department of Transportation to carry approximately 10,000 gallons of LNG, while Crowley will coordinate the transport of the 40-foot ISO containers to its Jacksonville shipping terminal, where they will be loaded onto company-owned vessels.
Crowley will then transport LNG from the US mainland to Puerto Rico.
Upon arrival on the island, Crowley’s Puerto Rico-based logistics team will deliver the LNG to Molinos de Puerto Rico, a subsidiary of Ardent Mills LLC, where it will be re-gasified and used for power consumption.
Over the past two years, Crowley’s LNG group transported more than 250 LNG containers, comprising more than 2.6 million gallons, from Jacksonville to Puerto Rico, the company said.