LNG

Feb 16 (LNGJ) - Catcha Investment Corp, a publicly traded special purpose acquisition company listed on the New York Stock Exchange, has scheduled an extraordinary meeting of shareholders on March 6 to approve a proposed combination with Norwegian-based Crown LNG Holdings AS, a leading provider of LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations. The meeting will be held in person at the offices of Goodwin Procter LLP, 620 8th Avenue, New York, and virtually via a live audio webcast.

   “The parties anticipate that the business combination will close and the combined company’s ordinary shares and warrants will commence trading on the NYSE or the Nasdaq Capital Market,” the statement added. “We are pleased to have reached this important milestone on our journey to becoming a public company,” said Swapan Kataria, Chief Executive of Crown LNG. “The LNG market is supported by strong tailwinds, including rising energy security concerns and the increasing use of natural gas as a transition fuel. We believe this transaction will enable us to provide investors with a stable, long-term return on their investment while meeting the strong and growing global demand for harsh weather LNG infrastructure,” Kataria stated.

Connect LNG, the Norwegian technology provider of jettyless solutions for marine loading and bunkering, has given details of its latest offshore marine operation using a Universal Transfer System

Tamrotor Marine Compressors (TMC), the Norway-based equipment supplier, has signed a contract with Samsung Heavy Industries to supply a marine compressed air system to four LNG-powered shuttle tankers the shipbuilder is constructing for Teekay Offshore.