LNG

Chart Industries, the US LNG and energy equipment maker, swung to a first-quarter profit from a loss in the year-ago period as orders continued to build.

April 19 (LNGJ) - Chart Ferox, a subsidiary of US LNG equipment company Chart Industries, said it was awarded a contract for the design, manufacture and commissioning of the first LNG vehicle fueling station in the Balkan state of Croatia. “The skidded design incorporates our recently introduced 60 cubic metres horizontal cryogenic storage tank together with many other innovative features for enhanced reliability and economy,” said Chart. The company added that its proprietary vaporization technology would ensure that the station was capable of fueling all LNG vehicles available on the market, regardless of whether they are equipped with spark ignited or compression engines. The Croatian facility is scheduled to be commissioned and fully operational by the start of the fourth quarter of 2018.

The Chart Industries fuel infrastructure subsidiary Chart Ferox has commissioned a fourth permanent fueling station in Finland for natural gas vehicles, located close to Vantaa airport in the Finnish capital Helsinki in a project also involving natural gas company Gasum.

Chart Industries, the US liquefaction and storage equipment maker, reported a second-quarter drop in net income, though the company sensed an industry turnaround as orders began to increase for US LNG export projects and storage applications in Asia.

Eagle LNG Partners and Crowley Maritime Corp. have received a delivery of two large liquefied natural gas storage tanks built in Europe for the first US East Coast LNG bunkering station being constructed at the Talleyrand Marine Terminal in the Port of Jacksonville.