June 15, 2022 Erin

Eagle LNG To Introduce Caribbean-Based Vessels to Fuel Royal Caribbean Group Ships

THE WOODLANDS, Texas—(BUSINESS WIRE)—Eagle LNG Partners LLC (“Eagle LNG”) announced today it has partnered with the Royal Caribbean Group to provide liquefied natural gas (LNG) bunkering for the cruise company’s LNG ships, including the first ship debuting in 2023 — Icon of the Seas, the first ship in the Icon Class for the company’s Royal Caribbean International brand. Eagle LNG will debut multiple purpose-built LNG vessels equipped for marine bunkering and gas delivery throughout the Caribbean.

“Eagle LNG is honored to have been chosen by Royal Caribbean Group as its LNG bunker partner. Our shared vision for a sustainable future, including achieving net zero emissions by 2050, creates a strong foundation for a long-term partnership”

The LNG bunker supply vessels are optimized for cruise ship bunkering with state-of-the-art distance keeping, hose handling, product conditioning and mooring solutions. Given the beauty of the countries and islands where they will operate, the vessels will maintain the highest possible environmental ship index (ESI) score, fuel efficiency, versatility and cargo handling capabilities while incorporating design elements from the vibrant colors of the Caribbean islands.

“Eagle LNG is honored to have been chosen by Royal Caribbean Group as its LNG bunker partner. Our shared vision for a sustainable future, including achieving net zero emissions by 2050, creates a strong foundation for a long-term partnership,” said Matthew Fisher, Vice President of Corporate Development and Sustainability for Eagle LNG. “By introducing these purpose-built bunkering ships for the Caribbean, we are setting that vision into motion while also creating opportunities for island nations to access low-cost, secure, U.S. produced natural gas for power generation.”

The LNG supply will be sourced from Eagle LNG’s liquefaction facilities in Jacksonville, Florida. Eagle LNG’s facilities are designed for loading bunker vessels and LNG carriers for the Caribbean while maintaining economies of scale using modular liquefaction technology. The facilities will be capable of blending in renewable feedstocks to help customers achieve their carbon reduction goals.

About Eagle LNG

Eagle LNG is a privately held and operated portfolio company of The Energy & Minerals Group. Eagle LNG provides affordable, efficient, and clean-burning energy. It develops bespoke small-scale LNG fueling solutions for marine industries and power generation in the Caribbean and Latin America. Eagle LNG is based in Houston, Texas. For additional information, please visit www.eaglelng.com.

About The Energy & Minerals Group

The Energy & Minerals Group (EMG) is a private investment firm with Regulatory Assets Under Management of approximately $13 billion as of March 31, 2022. EMG targets equity investments of $150 million to $1,000 million in the energy and minerals sectors with talented, experienced management teams, focused on hard assets that are integral to existing and growing markets. For additional information, please visit www.emgtx.com.

Contacts
Linda Berndt
Eagle LNG Partners
Mobile: +1-214-864-1886
lindaberndt@eaglelng.com