The companies plan to build a new LNG plant in Jacksonville, Florida
Two U.S. companies, Pivotal LNG Inc. (Pivotal) and WesPac Midstream LLC (WesPac) will supply liquefied natural gas (LNG) bunkers for TOTE Inc. (TOTE)'s two new dual-fuel containerships in Florida, the companies said.
"We are very pleased to have been selected by TOTE to supply their two new LNG container ships," said Stephen Cittadine, president of Pivotal LNG.
"We look forward to working with TOTE and WesPac to develop opportunities that help meet the growing demand for LNG as an alternative fuel solution in the Jacksonville area."
The two firms plan to create a joint venture to develop a new natural gas plant in Jacksonville, Florida.
Stephen Cittadine, President, Pivotal LNG
We are very pleased to have been selected by TOTE
The containerships are expected to be delivered in late 2015 and early 2016.
Pivotal LNG owns and operates a merchant LNG facility and is a subsidiary of AGL Resources [NYSE: GAS], one of the largest operators of U.S. liquefaction plants.
WesPac is an energy infrastructure company that is developing small LNG facilities in North America.
The two 3,100 twenty-foot equivalent unit (TEU) containerships are being built by General Dynamics NASSCO, which has called them "the greenest ships of their size in the world."