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

BW upgrades LNG carrier

Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW, is upgrading its 2019-built LNG carrier BW Pavilion Aranda with a sub-cooler.

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Sempra, ConocoPhillips seal another 20-year Port Arthur LNG SPA

US energy giant ConocoPhillips has signed a deal with compatriot LNG exporter Sempra Infrastructure, a unit of Sempra, to buy a total of 80 million tonnes of LNG from the proposed second phase of the Port Arthur LNG project in Texas. With this deal, ConocoPhillips will buy a total of 180 million tonnes of LNG from both Port Arthur phases.

More News Like This

CIMC SOE kicks off work on Avenir LNG bunkering vessel

China’s Nantong CIMC Sinopacific Offshore & Engineering has officially started building another liquefied natural gas (LNG) bunkering and supply vessel for UK-based Avenir LNG.

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

Stolt-Nielsen wraps up purchase of remaining Avenir LNG shares

UK-based small-scale player Avenir LNG is now fully owned by Norway's Stolt-Nielsen after the latter completed the purchase of Avenir LNG's remaining shares.

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.