• Monday, September 24, 2018

Greystoke awarded contract for support of LNG terminal development

By BCShippingNews 03 October 2017
Two-year contract represents a significant milestone for new company.

Greystoke Marine Management Ltd (Greystoke) has recently been awarded a contract by Swan LNG Private Ltd (Swan/SLPL) to provide marine and LNG consultancy services to support the development and commissioning of SLPL’s green field LNG port/FSRU project in Jafrabad, India.

The two-year contract, which has an option to extend until the terminal is fully operational, represents a significant milestone for the fledgling Greystoke and follows an earlier contract to support Swan in the development of the FSRU specifications. The new contract scope calls for Greystoke to provide a range of marine related management services throughout the project in various locations in India such as Ahmedabad, Jafrabad and Mumbai.

“This contract demonstrates the continuing strong partnership which Greystoke has established with Swan LNG,” said Mads Meldgaard, a senior partner in Greystoke. “We are proud to have been chosen to join the Swan team and assist in the implementation of this exciting project and achieve the goal of having the terminal commissioned by the beginning of 2020”

“As we strive to build a “world class” LNG Regasification port, we are pleased to have Greystoke onboard to provide the international marine expertise which will ensure that our terminal exceeds the expectations of all customers and shipowners” said Bhavik Merchant, Swan’s Executive Sponsor of the project.

About SLPL: Swan LNG Private Ltd, a subsidiary of Swan Energy Ltd (SEL), has entered the emerging energy sector with a plan to develop India’s first FSRU based LNG import Terminal at Jafrabad in Gujarat with a total capacity of 5 MMTPA.

About Greystoke: With offices in Vancouver, BC Canada, Greystoke Marine Management Ltd is a boutique consultancy company with emphasis on quality marine related advisory to shipping investors, marine operators and energy logistics companies. Greystoke is founded by former Teekay senior executives with expertise in all areas of marine transportation and marine management.