Company Presentation - TGE- · PDF fileJörg Bumann Procurement Lutwin Schmidt 5. Business activities and expertise Cargo handling systems and tanks for gas carriers ... design and

Company Presentation

Carriers &

Offshore Units

Company data

TGE Marine Gas Engineering is one of the world’s leading

engineering contractors specialising in gas carrier and offshore

units.

The Group was founded in 1980 as “Liquid Gas International”

(LGI) and in 1993, was acquired by Tractebel/Suez operating as

“Tractebel Gas Engineering”. Since an MBO in 2006, the Group

has been called “TGE Marine AG” (“TGE Marine Gas

Engineering GmbH”).

Major shareholders: 49.9% Caledonia Investment plc and

GASFIN Group approx. 47.4%, Management, employees,

individual shareholders approx. 2.7%

Address: Mildred-Scheel-Str. 1, 53175 Bonn, Germany

Web: www.tge-marine.com

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http://www.tge-marine.com/



Organisation Legal structure

TGE Marine AG

Board of Directors:

Dr. Manfred Küver, CEO

Dr. Klaus Dieter Gerdsmeyer

Steffen Schober

Ulrich Menninghaus

Management:


Daniel Louys

Management:



Steffen Schober

Ulrich Menninghaus

TGE Marine Gas Engineering GmbH

TGE Marine Shanghai Office

100%

100%

3

Overview

Headquarter

Bonn, Germany

Branch Office

Shanghai, China

Personnel

Approx. 60 engineers and specialists

plus temporary staff

Turnover

Average 2007-2011: ca. 65 M€

4

Organisation

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Organisation

Project Engineering Management & Project Management &

Site Management

Ulrich Menninghaus

E & I

Karl-Heinz Arzdorf

Board of Directors



Steffen Schober

Ulrich Menninghaus

Business Development & Sales


Finance & Administration

Steffen Schober

Engineering

Dr. H.-C. Haarmann-Kühn

Mechanical Design & CAD

Frank-Torsten Appel

QHSE

Martin Pecher

Human Resources

Karen Schallert

IT

Willy Klein

Naval Architecture

Jörg Bumann

Procurement

Lutwin Schmidt

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Business activities and expertise

Cargo handling systems and

tanks for gas carriers

LPG carriers, CO2 carriers

Ethylene carriers

LNG carriers

Cargo handling systems for

offshore units

FSO/FPSO for LPG

FSRU and FPSO for LNG

CO2 liquefaction, storage and

offloading units

6

Business activities and expertise

Gas tankers

(LPG, Ethylene, CO2, LNG)

Fully pressurised LPG carriers

Semi-pressurised LPG carriers

of up to 30,000 m³

Fully refrigerated LPG carriers

Ethylene carriers

CO2 carriers

Small/medium-sized LNG carriers

of up to 40,000 m³

Design and supply of cargo

handling systems and cargo

tanks

Offshore units for LPG and

LNG

Conversion of VLGC to LPG

FSO/FPSO

New LPG FSO/FPSO construction

Conversion of LNG carrier to

FSRU or FPSO

New LNG FSRU and FPSO

construction

CO2 liquefaction/offloading barges

Design and supply of cargo

handling systems

Design and supply of

cargo tanks

7

Services

EPCS contractor (engineering,

procurement, construction

supervision)

• Technical/commercial feasibility studies

• Conceptual design studies

• Front end engineering design

• Project management

• Basic engineering

• Detailed engineering

• Procurement

• Construction or construction supervision

• Commissioning and start-up

• Training of operators

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Key TGE Marine facts

• 30 years of experience

• More than 140 gas carrier contracts

• Delivery of several novel and innovative gas plant

solutions:

– Five 22,000 m³ ethylene carriers, largest purpose-built

ethylene ship in the world built at Jiangnan Shipyard

– Topsides for 95,000 m³ LPG-FSO built at Samsung

– World’s first combined 7,500 m³ LNG/ethylene carrier built at

Remontova for the Anthony Veder Group

– Lloyd’s List Ship of the Year Award in 2008 for 8,000 m³

ethylene carrier “Isabella Kosan” built at Sekwang HI for the

Lauritzen Kosan Group

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Key TGE Marine facts

• Well established in East Asia with Shanghai branch

office since 1994

• Delivery or fabrication of 170 cargo tanks

• More than 50%* market share for ethylene carrier

gas plants (*historically by total, >70% market share from 1992 to present)

• Own patented LNG tank support design for shuttle

tankers and floating units

• In-house ship design packages available for a wide

range of gas carriers

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– 48 °C LPG

carrier

Ethylene

carrier

LNG

carrier

Demand but not a core

TGE Marine market

Growth area

Small

23,000 m3

TGE Marine capable

No demand

Medium/large V Large

– 104 °C

– 163 °C

200,000 m3

TGE Marine core

market

0 °C

Fully pressurised

carrier TGE Marine

capable (623 vessels)

No demand

(168 vessels)

(149 vessels)

(approx. 256 vessels)

8 vessels <12,000 m3

TGE Marine reference: 7,500 m3

under construction: 15,600 m3

(Semi-refr. type) (Fully refr. type)

Gas carrier market

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Core markets – order performance Semi-refrigerated carriers (<23,000 m³ capacity)

*Source: Clarksons Gas Carrier Register and TGE Marine evaluation

Closest competitor:

Ethylene: 9 (84) : 10,7%

LPG: 14 (49): 28,6% 47%

() = TGE Marine share

61% 42%

60%

42%

12

42%

*No scrapping considered

68% 31%

TGE Marine order distribution

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35,8%

44,0%

15,1%

5,2%

China

Korea

Europe

Others

TGE order distribution 1993 to 2014 by contract

value

0

5

10

15

20

25

30

0%

20%

40%

60%

80%

100%

120%

Order distribution by shipyards

Turnover

No. of ships

0

50.000

100.000

150.000

200.000

250.000

Cu

bic

me

ter

World Ethylene Fleet Q1, 2011 Major pool players controlling approx. 75% of world fleet

Fleet

TGE-share

Total TGE-share: 70%

Branch office in Shanghai

• TGE Marine Shanghai

established in 1994

• European and Chinese staff

• Direct support to our clients

in China, Korea, Japan

(TGE Marine has been

working with more than 10

shipyards in this region)

• Quality control for tank

fabrication and other

equipment purchased in this

region

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• TGE Marine has successfully fabricated cargo tanks for gas

carriers in China since 1988 and cooperates mainly with Jiangnan

Heavy Industries.

• TGE Marine trained Chinese welders and engineers in the use of

various steel grades and the latest welding techniques.

• Jiangnan Heavy Industries belongs to Jiangnan Shipyard

– Oldest Chinese shipyard, part of CSSC

– Highly experienced in commercial ship building for international clients

– Part of the reputable steel and machinery group (JNHI)

– Longest track record in the construction of gas carriers in China

Tank fabrication expertise

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• 170 bilobe, cylindrical and prismatic tanks have been built or are

currently under construction.

Tank material references consist of 5% nickel steel, 0.5% nickel

steel, high strength steel, stainless steel

With a total net steel weight of over 55,000 tons

• In cooperation with its partners, TGE Marine offers reliable

deliveries and first class quality. Tanks have been delivered to

European, Korean and Japanese shipyards.

Scope of TGE Marine portfolio:

Tank design

Supply of all materials

Supervision of fabrication

Supply of completely fabricated and tested tanks to the yard

Tank fabrication expertise

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Bilobe tanks for a 22,000 m³ ethylene carrier

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Stainless steel tanks for a 7,500 m³ LNG carrier

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Fabrication of prismatic tanks for a 23,000 m³ LPG carrier

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Ship design – a global scope

• Sophisticated design packages

for all types of gas tankers

• Close cooperation with

customers and classification

societies

• Delivery of high quality

documents based on solid

technical competence combined

with state-of-the-art software

tools

• Consultancy during the entire

design and construction phase

• Efficient designs for high vessel

profitability as well as

economical construction

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Shipyards:

- Samsung, Daewoo, STX, Sekwang HI

- Jiangnan, Hudong-Zhonghua,

Sinopacific HI, Shanghai Edward

- Sanoyas, Sasaki, DePoli, Remontowa

- Thyssen, Meyer-Werft, Dingheng

- Taizhou Wuzhou, Metalnave

Petrochemical/oil:

- ConocoPhillips

- Formosa Petrochemical

Corp.

Shipowners:

- Schulte Group, Solvang, Anthony

Veder Group, Sloman Neptun, A.P.

Moller, NGC, Naftomar, Hartmann,

Lauritzen Kosan, Navigator, BLT,

Pedredec, Harpain Shipping,

Benelux Overseas, Othello Shipping

Ugland, E-Ships, Pertamina

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Major clients

Key EPCS references

Gas carriers:

- More than 140 gas carriers

contracted

- Fabrication and delivery of

more than 170 cargo tanks

FSO:

- Conversion of 78,000 m3 LPG

carrier to FSO for A.P. Møller

- Gas handling system for

95,000 m3 LPG-FSO built at

Samsung Yard for

ConocoPhillips

LNG carriers:

- 7,500 m3 LNG carrier for Anthony

Veder group

- Consulted on 150,000 m3 LNG

carrier project

LNG floaters:

- Conceptual design and basic

engineering for 250,000 m³ and

300,000 m3 LNG-FSRU

- Pre-FEED for LNG-FPSO

- Conceptual barge designs from

5,000 m3 up to 80,000 m3

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Key EPCS references: LNG/LEG carriers

7,500 m3 LNG/LEG carrier:

• Owner: Anthony Veder, Holland

• Yard: Remontova, Poland

• Classification: BV

• Completion: 2009

• Scope: Complete gas handling

system, cargo tanks and ship design

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MT “Coral Methane” loading at

Zeebrugge LNG Terminal

Key EPCS references: ethylene carriers

4 x 17,000 m3 LEG carrier:

• Owner: Harpain Shipping (GASCHEM)

• Yard: Meyer-Werft, Germany

• Classification: DNV


• Scope: Complete gas handling system


• Owner: Navigator Gas

• Yard: Jiangnan Shipyard, China

• Classification: GL

• Completion: 1999-2000


and cargo tanks

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Key EPCS references: ethylene carriers


• Owner: Lauritzen Kosan

• Yard: Sekwang HI, Korea






• Owner: Anthony Veder

• Yard: De Poli, Italy

• Classification: RINA/BV



and cargo tanks

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Key EPCS references: LPG carriers

2 x 23,000 m3 LPG carrier:

• Owner: Qatar Shipping

• Yard: STX, Korea

• Classification: DNV

• Completion: 2003-2004



8,600 m3 LPG carrier:

• Owner: GEOGAS, Switzerland

• Yard: Sasaki/Sanoyas, Japan




and cargo tanks

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Key EPCS references: LPG-FSOs

78,000 m3 LPG-FSO “N’Kossa II”

• Owner: A.P. Moller group

• Yard: Odense Lindø, Denmark



• Scope: Chilling units, booster pumps

and cargo heater, deck piping system

• Vessel: Conversion of LPG carrier

95,000 m3 LPG-FSO “Liberdade”

• Owner: Conoco Phillips

• Yard: Samsung Heavy Industries, Korea

• Classification: Lloyd’s Register



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TGE Marine – pioneer in new technologies

Significant market potential in addition to core TGE Marine

business:

Small to medium-sized LNG carriers with IMO type C tanks

FLNG solutions from 5,000 to 80,000 m³ with type C tanks for

FSRU and FPSO projects ( utilising “stranded” gas

reserves; target market: isolated energy centres)

Efficient LNG BOG reliquefaction based on cascade technology

for MAN ME-GI dual fuel engine

LNG fuel gas systems

CO2 shipping and offshore liquefaction/storage

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Small to medium-sized LNG carriers

• Capacities: 5,000 m3 up to 40,000 m3

• Ship design packages available

• Cargo tanks: Cylindrical or bilobe type C

• Tank material: 9% Ni steel or stainless steel

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Small-scale FPSO: 0.5 mtpa

• IMO type C tanks

• 40,000 m³ storage capacity

• 4 cylindrical storage tanks

• LxBxD: 145 m x 43 m x 24 m

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Small-scale LNG FSRU

• Required storage capacities for

isolated energy centres much

smaller than existing LNG

carriers ( conversions not

economical)

• Floating solutions faster to

implement

• Barge concepts with same

reliable tank technology (IMO

type C pressure vessels)

• Designs available for varying

processes and heating sources,

based on know-how from large

LNG import terminals

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Patented LNG tank support design for shuttle

tankers and floating units

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• Ship capacity up to 210,000 m³ LNG

• 2 x 75% BOG/ethylene compressor

(Laby®-GI)

• 2 x 75% refrigerant compressors

• 1 cold box (plate fin heat exchanger)

• 1 refrigerant condenser

Efficient LNG BOG reliquefaction based on cascade

technology for MAN ME-GI dual fuel engine

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Efficient LNG BOG reliquefaction for MAN ME-GI dual fuel engine

Excess gas reliquefaction is an energy- and cost-efficient option for LNG carriers.

Combining a MAN-ME-GI engine, Burckhardt Compression Laby®-GI BOG

compressor and TGE Marine cascade process offers considerable operating flexibility

and optimised energy consumption.

The system is based on a combination of well known, reliable components.

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LNG fuel gas systems (for merchant vessels)

• Pending MARPOL VI revision will force vessels operating in Environmental Control

Areas (ECAs) to use expensive MGO fuel oil by 2015 – hardware remedies are

expensive.

• In 2016 vessels operating in ECAs will be forced to reduce Nox emissions by 80% -

achieving compliance will be costly.

• Norway and Sweden have adopted costly taxes on NOx emissions, EU-wide taxes will be

introduced in the future and will include taxes on CO2 emissions.

• EU regulations (SOx reduction) will require all vessels in port to operate on MGO or LNG

starting in 2011.

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New TGE Marine fuel gas systems

• Leveraged know-how gained from previous reference projects

• Isabella Kosan

• Coral Methane

• Leveraged experience in competitive tank fabrication

• Vacuum-insulated tanks in cooperation with CIMC or

• Standard panel or foam in-situ insulation for type C tanks

• Development of new tailor-made systems

• Avoided expensive in-tank pumps or oil-free compressors

• Compact arrangement

• Automatically controlled operation

• Patent application pending

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CO2 shipping and offshore liquefaction/storage

• Reduction in greenhouse gases

• 20% CO2 reduction in the EU by 2020

• Coal-fired power plants are the biggest CO2 emitters

- Coal accounts for 2/5 of the world’s energy mix

- CCS for new power plants will be compulsory in the EU

by 2015

- CCS retrofitting will be

compulsory by 2025

Source: www.bellona.org

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The TGE Marine offshore solution for CO2

liquefaction

1,000,000 t/p.a. throughput

Power consumption 6,500 kW

L = 145.6 m

B = 44.8 m

D = 18.75 m

Draught = 10.6 m

40,000 m3 CO2 FLSO hub

(Floating Liquefaction Storage and Offloading)

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The TGE Marine CO2 carrier solution

• Capacities: 10,000 m3 to 60,000 m3

• High-pressure injection

• Cargo heating system

• Dynamic positioning system

• Turret mooring system

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Thank you for

your attention.

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Documents

Company Presentation - TGE- · PDF fileJörg Bumann Procurement Lutwin Schmidt 5. Business activities and expertise Cargo handling systems and tanks for gas carriers ... design and