3 May 2016
We play a vital role
in the global liquefied gas supply chain, providing
gas transportation solutions
for energy companies, industrial users
and commodity traders.
Our sophisticated vessels provide
an efficient and reliable floating pipeline
connecting producers and end users.
We carry cargoes of liquefied petroleum gas (LPG),
petrochemical gases and ammonia across the world’s oceans.
Our fleet of sophisticated vessels, initially focused on
the handysize sector, now includes
mid-sized ships in response to client demand.
Our customer-focused, ‘can do’ attitude
enables us to create strong, long-term partnerships
with businesses around the world.
Our people are experts in gas, ship building
and ship management and our gas expertise
has wide application onshore as well as offshore.
We seek to collaborate with our customers
and shipping terminals, developing innovative
and efficient solutions to
the gas transportation challenges they face.
DETAILS
has signed a contract with Navigator Gas
for the long-term time charter of the vessel
The naming ceremony took place
at the Jiangnan Shipyard in Shanghai, China,
on 3 May 2016.
New vessel will ensure long-term,
reliable ethane supply to
Borealis production facilities in Sweden
After its commissioning
in the fourth quarter of 2016,
the new vessel will be
the world's largest ethane carrier.
The agreement plays a crucial role in
ensuring the cost effective, safe and reliable transport
of ethane to Borealis production facilities
in Stenungsund, Sweden.
Borealis has entered into
this long-term time charter agreement with
owner of the Navigator Aurora
and operator of the world's largest fleet
of handysize liquefied gas carriers.
With a length of 180 m, the newly-built Navigator Aurora
has a total cargo tank size of 35,000 cubic metres (cbm)
and can hold ethane loads of up to 20,000 tonnes,
making it the biggest ethane-capable vessel
serving the global market.
Commercial operations are scheduled
to begin in the fourth quarter of 2016.
The vessel will sail between
* the Marcus Hook refinery in Pennsylvania, US, and
* Stenungsund.
As a dual-fuel vessel, it can run on both
diesel fuel and liquefied natural gas (LNG), meaning
it can meet increasingly stringent environmental regulations
and take advantage of the current low prices of natural gas.
In the meantime, the currently ongoing,
multi-million investment in
* the cracker upgrade and
* the construction of an ethane storage tank
in Borealis' location in Stenungsund
is proceeding according to plan.
The commissioning of a new unloading and storage facility
will begin in the fourth quarter of 2016.
For further information please contact:
Kerstin Meckler
Director Communications
Tel. +43 (0)1 22 400 389 (Vienna, Austria)
e-mail: kerstin.meckler@borealisgroup.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
