Evergas

Evergas

Formerly	Eitzen Gas
Industry	Shipping
Founded	2001
Headquarters	Copenhagen, Denmark
Number of employees	550
Website	evergas.net

Evergas Management A/S is a Danish shipping company headquartered in Copenhagen, Denmark. Evergas is one of the world’s largest Ethane shipping companies.^[1]

Fleet[edit]

Evergas owns a fleet of gas carriers for the seaborne trade of liquefied natural gas (LNG), Ethane and liquefied petroleum gases (LPG). In 2020, Evergas controlled a fleet of 16 vessels, which can be categorized in three different classes.^[2]

The company’s six pressurized LPG carriers are capable of carrying petrochemical gases in their 5.000 cbm tanks. Because the vessels are relatively small, they are mostly deployed on short haul trades.

Eight semi-refrigerated multi-gas carriers make up the company’s mid-sized fleet.^[3]The 27.500 cbm vessels can carry Methane, LNG, Ethylene and Ethane, Propane, and Butane. The vessels have a total length overall (LOA) of 180 meters, and can sail burning gas or maritime fuel oil.[iv]

Two very large ethane carriers (VLECs) comprise the company’s largest vessel class. The VLECs are compatible with Ethylene and Ethane as well as Propane and Butane cargoes.^[4]With 85.000 cbm capacity, these vessels are the largest purpose-built Ethane carriers currently under operations.^{[5] [6]}Evergas took delivery of the first VLEC in 2019 and has since then deployed the vessels on the US -China trade.^[7]

Company structure[edit]

Evergas has offices in Denmark, Singapore, France and China. In total, the company employs 550 people ashore and at sea.^{[8] [9]}The company is managed by the chief operating officer, Steffen Jacobsen, who assumed his current position in 2015.

Company history[edit]

Evergas traces its roots back to the late 19^th century. In 1883, Camillo Eitzen established the Eitzen Group, which operated steamships in its early days.^[10] With the acquisition of KIL shipping in 2001, Eitzen became a gas shipping company and entered the gas market with its subsidiary, Eitzen Gas.^[11] In 2004, Eitzen Gas expands its gas fleet by buying the company Gibson gas.^[12] In the same year Eitzen Gas entered the Ethylene segment through the acquisition of Bergensen’s Igloo gas fleet.^[13] In 2006, Eitzen formed a joint venture with Norgas called the Eitzen Norgas Carrier Pool.^[14] Three years later, Eitzen established a joint venture with Solvang Ethylene.^[15] By then, Eitzen had become a full-fledged gas ship owner. Since 2011, the company, formerly known as Eitzen Gas, has been re-branded to Evergas and operates as a standalone entity.^[16]Today, Evergas is owned by Jaccar Holdings.^[17]

In the media[edit]

     

References[edit]

External links[edit]

• Evergas twitter page
• Evergas linkedin page
• Evergas instagram page
• Evergas – World Maritime News
• Evergas - Latest shipping and maritime news | TradeWinds

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