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Sembcorp Marine to build CGL carriers for US-based SeaOne

Singapore Business Review
Sembcorp Marine to build CGL carriers for US-based SeaOne

It signed a letter of intent for the design and construction of two carriers.

Sembcorp Marine and US-based SeaOne Caribbean LLC (SeaOne) signed a letter of intent (LOI) for the design and construction of two large Compressed Gas Liquid (CGL) carriers.

According to a press release, the vessels will be used for SeaOne's Caribbean Fuels Supply Project.

Sembcorp Marine will design neo-panamax CGL carriers based on SeaOne's single gas and liquids cargo delivery requirements, with help from its subsidiary, LMG Marin.

The 366m long, 2 billion bcf capacity carriers will be equipped with SeaOne's technology and systems.

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The CGL cargos will be transported to terminals in the Caribbean, Central, and South American regions.

Sembcorp Marine does not expect the LOI to affect company performance for the year.



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