Dutch owner will have 10 gas carriers in its gas pool following an agreement with GATX Corp
Further bolstering its position in liquefied gas shipping, Rotterdam-based shipowner Anthony Veder will take over the commercial management of five gas carriers of Chicago-based GATX Corp. The vessels will start trading in Anthony Veder’s gas pool in June.
With this transaction Anthony Veder further strengthens its position as liquified gas shipping company to a fleet of 38 ethylene, LPG and LNG carriers.
Better known for its rail business, GATX Corp has 85% of its US$8Bn in assets in rail car leasing operations in the US, Europe and Asia. GATX also owns American Steamship Lines, the largest US-flag operator on the Great Lakes with a fleet of 11 self-unloading ’Laker’ vessels that carry iron ore, coal and limestone. Through Rolls-Royce Partners and Affiliates, GATX also is the largest lessor of Rolls-Royce spare aircraft engines.
The gas carriers were previously part of the Norgas pool and will be renamed using Anthony Veder’s traditional appellation, Coral. Three of the five vessels will transport LPG and petrochemical gases such as ethylene. The other two gas carriers, of 10,000 m3 capacity each, will also transport LNG.
Anthony Veder chief executive Jan Valkier said, “Expanding our fleet with these five combined gas carriers is a great opportunity with which we can offer our customers even more flexible services. With the addition of the LNG carriers we boost our LNG trading fleet to 10 vessels in sizes between 5,800 m3 and 30,000 m3”.
|Vessel name||Type||Capacity||Year built|
|Coral Alameda||LEG/LPG||8,500 m3||2003|
|Coral Orinda||LEG/LPG||8,500 m3||2002|
|Coral Shasta||LEG/LPG||10,200 m3||2003|
|Coral Fraseri||LNG/LEG||10,000 m3||2010|
|Coral Furcata||LNG/LEG||10,000 m3||2011|