Small-scale player Avenir LNG welcomes new board member

London-based small-scale player Avenir LNG said that Carlo Ravizza of Hoegh Capital Partners has joined its board of directors, replacing LNG veteran Sveinung Stohle.

Stohle left Avenir’s shareholder Hoegh LNG in November last year after 15 years at the helm of the floating player. He joined Greek shipping giant Angelicoussis Group as the company’s new deputy chief executive officer.

Peter Mackey, CEO of Avenir LNG, thanked Stohle for the support and “wealth of experience” he brought to Avenir. He said Avenir wishes him every success in his future ventures.

Ravizza will replace Stohle as Avenir’s new board member. He is an investment director at Hoegh Capital Partners and board member across various HCP companies with over 15 years experience in the real assets space.

Hoegh Capital Partners acts as financial advisor to the Hoegh family’s business, which includes Hoegh LNG.

“We are delighted to welcome Carlo to our board, and we look forward to working with him as we continue to grow Avenir into the world’s leading small-scale LNG supplier,” Mackey said.

Besides Hoegh LNG, Avenir’s shareholders include Stolt-Nielsen and Golar LNG.

The JV has a fleet of four 7,500-cbm and two 20,000-cbm LNG bunkering and supply vessels. Avenir has taken delivery of four of these vessels and should welcome the last two ships later this year.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

More News Like This

Avenir’s bunkering vessel to run on bio-LNG this year

One of Avenir LNG's small-scale bunkering and supply vessels will continuously run on bio-LNG in 2025. With this, the UK-based firm, controlled by Stolt-Nielsen, claims Avenir Ascension will become the first bunker vessel in the world to continuously run on bio-LNG.

Axpo wraps up its first STS LNG bunkering op

Switzerland’s Axpo has completed its first ship-to-ship LNG bunkering operation with its chartered vessel Avenir Aspiration. Axpo bunkered MSC's...

Stolt-Nielsen launches offer to buy remaining Avenir LNG shares

Norway's Stolt-Nielsen has launched an offer to buy remaining shares in small-scale LNG player Avenir LNG after it bought stakes from Golar LNG and Hoegh family holding company Aequitas.

Golar sells Avenir LNG stake to Stolt-Nielsen

Avenir is a joint venture of Stolt-Nielsen, Golar, and Hoegh Evi, previously known as Hoegh LNG. Gold said in a...