| Our development efforts to create industrys leading compressed natural gas (CNG) carrier began in July 2002 in cooperation with EnerSea Transport LLC and Hyundai Heavy Industries Co., Ltd., and culminated in the granting of "Class Approval in Principle" by American Bureau of Shipping (ABS) in 2003. Commercial efforts are now underway with clients who are evaluating gas development opportunities throughout the world, and further efforts have been made to finalize our CNG carrier utilizing VOTRANS™ (Volume Optimized Transport and Storage) technology. |