Eagle LNG Partners LLC took delivery of its first LNG carrier, the Coral Favia, from Anthony Veder. The 10,000 cubic meter LNG supply vessel is the first of a planned fleet from Eagle LNG offering LNG supply and bunker services for the Caribbean basin.
The arrival of the LNG supply vessel marks the beginning of a partnership between two long-time pioneers in the small-scale LNG bunkering and export industry. For nearly a decade, Eagle LNG has been producing, storing, bunkering, and exporting LNG utilizing its assets including its Jacksonville, Florida facilities into the Caribbean and other countries. Anthony Veder owns modern gas carriers that it operates worldwide, while specializing in small- to mid-scale LNG carriers for transporting and bunkering LNG.
“Eagle LNG has the highest regard for Anthony Veder’s success in bringing LNG as an economic and sustainable marine fuel around the globe. Since 2014, our interests in LNG transportation and bunkering have aligned,” said Simon Duncan, Vice President Marine Operations, Eagle LNG. “We are proud of this opportunity to expand Eagle LNG’s logistics and supply-chain with a likeminded partner.”
“Anthony Veder has watched Eagle LNG’s accomplishments with great interest over the past few years and looks forward to bringing our innovations and LNG shipping knowledge for further growth in the Caribbean and other markets,” said Anthony Veder’s CEO, Jan Valkier. “Both our companies are committed to safe operations; we are particularly proud that Coral Favia has found its home port with Eagle LNG.”
“After nearly a decade of pioneering small-scale LNG solutions including pipe-to-ship LNG bunkering, Eagle LNG is excited for this next logical step in expanding its LNG supply solutions portfolio,” said Sean Lalani, President, Eagle LNG. “Having multiple new projects coming on-stream in the next several months, Eagle LNG is poised for exponential growth and the addition of this new LNG supply and bunkering capability enhances Eagle LNG’s core value proposition of an assured, secure supply chain bringing cost savings and energy transition solutions to our customers.”
The partnership between Eagle LNG and Anthony Veder will allow for flexibility in ownership, chartering, and operation of the various LNG assets as the LNG bunker market develops.
About Eagle LNG
Eagle LNG is a privately held and operated portfolio company of The Energy & Minerals Group. Eagle LNG provides affordable, efficient, and clean-burning energy. It develops bespoke small-scale LNG fueling solutions for marine industries and power generation in the Caribbean and Latin America. Eagle LNG is based in Houston, Texas.
About The Energy & Minerals Group
The Energy & Minerals Group (EMG) is a private investment firm with assets under management (AUM) of approximately $14 billion. EMG targets equity investments of $150 million to $1,000 million in the energy and minerals sectors with talented, experienced management teams, focused on hard assets that are integral to existing and growing markets.
About Anthony Veder
As a gas shipping company, Anthony Veder operates at the heart of the transition towards a more sustainable world. We offer high-quality services and flexibility to the world’s leading manufacturers of chemicals. With our fleet of gas tankers, we are specialized in the transport of Liquefied Petroleum Gas (LPG), Liquefied Natural Gas (LNG) and Petrochemical gases, such as Ethylene and Propylene.
Source Eagle LNG Partners