API have a majority shareholding and management. This a joint venture between TITRON Group of Hong Kong and BMT Group of the UK.
BMT are specialist in Bunkering and Transportation of Liquefied Natural Gas (LNG) – gas supply vessels for LNG fuelled ships, terminals and other marine craft, ranging from 3,000m3 to 13,000m3 and transportation of up to 40,000m3 for local markets. Marine Transportation of Compressed Natural Gas (CNG) - taking the established technology of the transportation of CNG into the maritime sector, with vessel designs ranging from 40MMscf to 250MMscf. Other BMT TITRON developments includes the transportation of bulk commodities and participation in specific port and shipping developments on behalf of major international clients. Nautilus Ships - an innovative technical development of a hull form to be utilised in the design of Bulk Carriers and Tankers ranging from 10,000dwt up to 75,000dwt to dramatically reduce fuel consumption.
(www.poly.com.cn , www.gcl-poly.com.hk , www.polygcl-petro.com )
API and Delfin has a 50/50 JV for marketing and overall strategy and development of
LNG exportbusiness from North America
Delfin LNG (Delfin) is engaged in the application process to receive the necessary regulatory licenses and become a key player in the developing the industry of liquefied natural gas (LNG) export from the United States. Along with their partners, they are proposing the Delfin LNG Deepwater Port, approximately 50 miles offshore of Louisiana in the Gulf of Mexico, where theywill moor multiple floating natural gas liquefaction vessels (FLNGVs) that will liquefy and export U.S. natural gas. The export of natural gas to foreign countries will bring investment and infrastructure jobs to the Gulf Coast, help improve the U.S. balance of trade, and provide foreign customers with a cleaner burning source of fuel than other available sources.