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Sembcorp Marine signs letter of intent with SeaOne

SINGAPORE, September 18, 2017: Sembcorp Marine subsidiary Sembcorp Marine Specialised Shipbuilding Pte. Ltd. and SeaOne Caribbean LLC (SeaOne) of Houston, Texas, USA, have inked a letter of intent (LOI) for the design and construction of at least two large Compressed Gas Liquid (CGL®) carriers. These vessels will be deployed for SeaOne’s Caribbean Fuels Supply Project.

Sembcorp Marine will provide a unique design for the neo-panamax CGL carriers based on SeaOne’s single gas and liquids cargo delivery requirements. The design will incorporate proprietary ship component ideas from Sembcorp Marine subsidiary LMG Marin, a leading naval architect and ship design house in Europe.

Front-end engineering design (FEED) studies for the project are in progress.

The 366m long, 2 billion cubic feet (Bcf) capacity carriers will be equipped with SeaOne’s patented CGL® technology and systems. They will transport CGL cargos to receiving terminals in the Caribbean, Central and South American regions, from a CGL production facility now under construction at the Port of Gulfport in Mississippi, USA.

Read Sembcorp Marine's full press release here.

Sembcorp Marine signs letter of intent with SeaOne