TGE Marine Wins Contract for LNG Carrier in China

During the last couple of weeks TGE Marine has obtained a number of new contracts for the engineering and delivery of gas handling systems and cargo tanks.

In August contract was signed with Xinle Shipyard and CSR for the supply of the gas handling system for a 30,000 cbm LNG-carrier to be constructed at the Xinle facilities in Ningbo. This is the third consecutive order for TGE Marine in China for the new generation of 30k-class LNG-carriers with type C cargo tanks.

TGE Marine’s CEO, Manfred Küver, commented: “Being awarded 9 new contracts for the supply of gas plants and cargo tanks underlines TGE Marine’s leading market position in the LEG- and small scale LNG-segment of the gas carrier market. We are extremely pleased to have been selected by HMD as partner for its first contracts in the ethylene niche market. With three small LNG-carriers ranging from 6,5k to 15,6k in operation and three units of 30k under construction in China, we are in a strong position to participate as engineering contractor in the growing LNG market.”

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LNG World News Staff, October 31, 2013; Image: Ningbo Xinle Shipbuilding