Landmark Capital has recently agreed to finance working capital and development needs for Connect LNG.
Connect LNG’s mobile LNG loading system has applications for offshore transfer of LNG, LPG, and liquefied ethylene gas. It loads both large LNG terminals and small LNG bunkering facilities.
Landmark Capital also operates LNG carriers and invests in other new LNG technologies.
Landmark Capital managing partner David Wu said: “We have followed the development of Connect LNG since the beginning and believe in the company and it's management.”
“One of our key focus areas is LNG technologies and we have experienced considerable interest for Connect LNG's UTS technology especially in China and South-East Asia, said Wu.
Landmark capital in February ordered an LNG carrier, the first to feature LNG New Technologies LNT A-Box containment system, from Chinese yard Xiamen Shipbuilding Industries.
Class body China Classification Society (CCS) recently agreed to help Landmark Capital to develop the applications for the LNT A-Box system.
Landmark Capital develops offshore and maritime projects, assets and technology from its offices in Shanghai and Singapore.