Sign up
Log in Sign up
Fri 12 Dec 2014 16:40

Licensing agreement for use of LNG containment technology


Braemar Shipping Services subsidiary agrees deal to use NASSCO's intellectual property in the design and construction of LNG containment systems.

General Dynamics NASSCO and Braemar LNG BV - a wholly owned subsidiary of Braemar Shipping Services Plc - have signed a technology licensing agreement for Braemar to use NASSCO's intellectual property in their design and construction of flat-panel, semi-membrane, prismatic-shaped (FSP) LNG containment systems.

FSP is a new multipurpose Type B flat-panel, semi-membrane, prismatic-shaped LNG tank-containment system which uses flat plate technology and a universal joint configuration. The system is constructed, outfitted, insulated and fully tested off hull and lifted complete into a vessel while the vessel is still under construction. It is designed to avoid any issues associated with partially filled membrane-type tanks.

This off-hull fabrication is said to result in a significant reduction in vessel construction time and improve accuracy, reliability and tank-to-tank construction learning.

"We are very excited about licensing this innovative LNG containment technology to Braemar. FSP can be used in multiple LNG applications, including transportation, marine fuel tanks, bunker barges and floating offshore applications," said Kevin Graney, vice president and general manager of General Dynamics NASSCO.

FSP has previously received approval in principle (AIP) from both Lloyds Register (LR) and the American Bureau of Shipping (ABS).

Lease agreement between Inter Terminals Sweden and the Port of Gothenburg, signed on July 1st. Pictured: Göran Eriksson, CEO of the Port of Gothenburg (left) and Johan Zettergren, Managing Director of Inter Terminals Sweden (right). New Gothenburg lease an opportunity to expand green portfolio: Inter Terminals  

Bunker terminal operator eyes tank conversion and construction projects for renewable products.
Map of US Gulf. Peninsula extends US Gulf operation offshore  

Supplier to focus on Galveston Offshore Lightering Area (GOLA) in strategy to serve growing client base.
The M/T Jutlandia Swan, operated by Uni-Tankers. Uni-Tankers vessel gets wind-assisted propulsion  

Fourth tanker sails with VentoFoil units as manufacturer says suction wing technology is gaining traction.
Port of Gothenburg Energy Port. Swedish biomethane bunkered in Gothenburg  

Test delivery performed by St1 and St1 Biokraft, who aim to become large-scale suppliers.
Image from Cockett Marine Oil presentation. Cockett to be closed down after 45 years  

End of an era as shareholders make decision based on 'non-core nature' of Cockett's business.
Petrobras logo. Petrobras confirms prompt availability of VLS B24 at Rio Grande  

Lead time for barge deliveries currently five days.
Opening of the IMO Marine Environment Protection Committee (MEPC), 83rd Session, April 7, 2025. IMO approves pricing mechanism based on GHG intensity thresholds  

Charges to be levied on ships that do not meet yearly GHG fuel intensity reduction targets.
Preemraff Göteborg, Preem's wholly owned refinery in Gothenburg, Sweden. VARO Energy expands renewable portfolio with Preem acquisition  

All-cash transaction expected to complete in the latter half of 2025.
Pictured: Biofuel is supplied to NYK Line's Noshiro Maru. The vessel tested biofuel for Tohoku Electric Power in a landmark first for Japan. NYK trials biofuel in milestone coal carrier test  

Vessel is used to test biofuel for domestic utility company.
Pictured (from left): H-Line Shipping CEO Seo Myungdeuk and HJSC CEO Yoo Sang-cheol at the contract signing ceremony for the construction of an 18,000-cbm LNG bunkering vessel. H-Line Shipping orders LNG bunkering vessel  

Vessel with 18,000-cbm capacity to run on both LNG and MDO.

↑  Back to Top


 Recommended