TGE Tge Marine

 

TIDMTGE 
 
 
TGE Marine AG 
11 May 2009 
 
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TGE MARINE AG 
 
 
11 May, 2009 
 
 
 
 
TGE Marine designs world's first combined LNG / Ethylene / LPG carrier 
 
 
 
 
TGE Marine AG, the market leader for the design and construction of cargo 
handling systems for ships and offshore units carrying liquefied cryogenic 
gases, is pleased to announce that following a successful gas trial on May 7th, 
the world's first combined LNG / Ethylene / LPG Carrier was put into service in 
Norway. 
 
 
This is a major milestone for TGE Marine, who designed the 7,500 m³ capacity 
vessel and provided the gas plant. 
 
 
The Coral Methane achieves world firsts not only in terms of its ability to 
handle a broad range of operating conditions, but also on an environmental basis 
with its unique employment of a dual diesel and electric propulsion system. 
 
 
TGE Marine engineered and delivered all the gas plant equipment, including cargo 
tanks, to the Remontova shipyard in Poland.  TGE's in-house naval architecture 
and engineering departments developed the general concept of this new type of 
gas carrier, in close co-operation with the owner and operator, Anthony Veder 
group of Holland. 
 
 
 
Commenting on today's news, Dr Manfred Kuver, TGE Marine AG's CEO, said: 
 
 
"TGE Marine's design of the world class 'Coral Methane' clearly reinforces our 
position as market leader for innovative mid-scale LNG carrier solutions. We are 
also delighted to have designed the most environmentally friendly carrier of 
this nature to date." 
 
 
 
 
Jan Valkier, Managing Director of Anthony Veder said: 
 
 
"For our company this vessel is a big step forward in the distribution of clean 
energy. We are delighted with TGE's excellent service in this project and we are 
currently also developing other innovative gas shipping projects together with 
TGE, which are related to the reduction of CO2 emissions." 
 
 
Enquiries: 
 
 
TGE Marine AG 
Dr Manfred Küver, CEOTel:+44 (0)228 604 480 
 
 
Pelham PR 
Mark Antelme                  Tel: +44 (0)20 7337 1500 
Henry Lerwill 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes to editors: 
 
 
The CORAL METHANE has a cargo capacity of 7,500 m³ provided by two cylindrical 
cargo tanks, a dual fuel diesel electric propulsion system, two Azipull 
thrusters for optimum manoeuvrability, Class leading notations for ice and cold 
environment operation given the need to operate in severe Arctic conditions. As 
required by the charterer, GASNOR from Norway, the vessel is designed to 
distribute LNG cargo in coastal and narrow fjords. A special feature of the ship 
is the ability to trade multi-cargoes with temperatures ranging from -163 C up 
to +45 C including ethylene, propylene, LPG and other petrochemical gases. 
 
 
The new TGE gas plant design for this LNG/multigas carrier is based on the well 
proven TGE Ethylene Carrier standard, enhanced with new TGE developments to cope 
with the requirements for LNG trade in arctic regions and LNG-terminals of 
standard size. 
 
 
TGE's upgrade includes a fuel gas processing plant using small submerged motor 
pumps, an additional elevated LNG cross-over on top of the compressor house to 
fit to the loading arm envelope of jetties designed for 150,000 m³ vessels, a 
deck tank for LNG/multigas as well as a PSA-type nitrogen plant foreseen for 
quick cargo changing procedures. Furthermore deepwell cargo pumps were 
implemented for the first time for LNG, which have been developed by a world 
leading manufacturer in close co-operation with TGE's engineers. These 
enhancements result in high trading flexibility, hence the vessel may trade 
ethylene or other petrochemical gases in times where the LNG demand is low. 
 
 
The "CORAL METHANE" is a new generation of environmentally friendly and highly 
flexible LNG/multigas carriers, which will play a vital role in the future for 
coastal area or island supply. 
TGE is currently engaged in several projects for small scale LNG distribution in 
the Mediterranean and Carribean islands. 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRAILFVIEDILLIA 
 

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