For Immediate Release
Nov 10, 2016
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ABS Media Relations
(Houston) ABS, a leading provider of classification and technical services to the marine and offshore industries, is pleased to confirm that the ABS-classed Ethane Crystal, the world’s first Very Large Ethane Carrier (VLEC), has been delivered to India’s Reliance Industries Ltd. by Samsung Heavy Industries (SHI) of South Korea.
The Ethane Crystal is the first of six VLECs to be delivered with ABS Class through 2017. This state-of-the-art liquefied gas carrier is able to carry cargoes such as ethane and liquefied petroleum gas (LPG). With an 87,000 cbm cargo carrying capacity, the vessel is the first of its kind to be constructed with a specially designed GTT Mark III membrane cargo containment system. The vessel represents a significant step up from the largest ethane carriers delivered to date – the 37,000 cbm ABS-classed Navigator Aurora and Navigator Eclipse. The VLEC is comparable in size to today’s Very Large Gas Carrier (VLGC) and supports a more efficient operation that helps make large-scale ethane transportation more economically viable.
“Delivering the Ethane Crystal is truly a landmark achievement that has created an entirely new market of shipping liquefied ethane. It is a testament to all stakeholders involved in bringing the project to fruition,” says ABS Chairman, President and CEO Christopher J. Wiernicki. “ABS is proud to have been chosen to class this vessel and to be included as a trusted technical advisor, working alongside the owners, shipyard, designer and port and flag state teams to advance safety throughout the development of the world’s largest, purpose-built ethane carrier.”
Demand for this vessel and others currently on order is driven by the surplus of ethane produced as a byproduct of shale oil and gas in North America. The Ethane Crystal is intended for trade routes between North America and India, carrying ethane that will be used as feedstock for petrochemical production.
“Ethane Crystal is the world’s largest ethane carrier, featuring multi-cargo capability of ethane and LPG based on an eco-friendly design. We are proud to be the builder for Reliance’s newbuilding program and believe that Ethane Crystal, successfully delivered on 9 November, will be the vanguard for boosting India’s petrochemical industries,” said Mr. Mun Keun Ha, EVP-Shipbuilding Drilling Operation, Samsung Heavy Industries. “I deeply appreciate ABS for the dedicated technical support rendered to us during the design and construction stages.”
“We are delighted by the partnership with SHI and ABS for designing and building the world’s largest ethane carriers, and we are sure that these vessels will prove to be very efficient in the years to come for the benefit of Reliance,” said Philippe Berterottière, Chairman and CEO of GTT.
Recognizing the changing landscape and increased industry focus on gas, ABS launched its Global Gas Solutions team in 2013 to support industry in developing gas-related projects. A pioneer in classification for the safe transport and handling of gas, ABS classed the world’s first LNG carrier conversion, the Methane Pioneer, in 1959 as well as the first newbuild LNG carrier, Methane Princess, in 1964 and has extensive experience with the full scope of gas-related assets, including many of the most advanced carriers in service. ABS is the industry leader in LNG carriers and in providing guidance as the use of LNG as fuel for marine applications expands.
Founded in 1862, ABS is a leading international classification organization devoted to promoting the security of life and property and preserving the natural environment through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets.