Seaside LNG Joins SEA-LNG Enhancing Coalition Reach and Expertise

Seaside LNG Joins SEA-LNG Enhancing Coalition Reach and Expertise Collaboration across entire LNG value chain vital to scaling up supply of green fuels on LNG pathway HOUSTON, Texas – Seaside LNG, an LNG production and maritime transportation logistics provider, announced its industry support of SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway for shipping’s decarbonization.  Seaside LNG is the only company with integrated shoreside liquefaction, LNG storage, and bunkering capabilities in North America.  The company maintains the largest fleet of Jones Act-compliant LNG barges in North America and has successfully performed more than 400 safe LNG transfers.  Seaside LNG will further enhance the SEA-LNG coalition’s collective expertise with their valuable supply, infrastructure and safety experience. Scaling up alternative fuel supply and developing the required infrastructure is key to the success of the shipping industry’s decarbonization transition, with collaboration highlighted as central to success.  This was reiterated in recent industry discussions at Gastech in Singapore and London International Shipping Week.  SEA-LNG offers Seaside LNG and all its members a practical platform for collaboration across the entire LNG value chain. Tim Casey, CEO of Seaside LNG, noted, “LNG infrastructure must continue to grow rapidly to further develop and maintain a global LNG supply chain.  Improving commercial-scale solutions for marine fuel is critical to meeting the industry’s environmental goals while keeping pace with the world’s rising commercial demands.  We look forward to joining SEA-LNG as we continue our mission to develop vital LNG infrastructure.” Peter Keller, Chairman of SEA-LNG, added, “Green fuel solutions will not arrive in a big-bang process, instead we will see the incremental decarbonization of existing assets as fuel production, transportation, storage and bunkering infrastructure, and engine technologies develop.  In Seaside LNG, we have another valuable member to help us continue to evolve and progress the LNG pathway to decarbonization.  We are very pleased to welcome the Seaside LNG team onboard.”  Existing LNG infrastructure can transport, store and deliver bio-LNG, as well as renewable synthetic e-LNG. Fuels can be blended with fossil LNG or used as a drop-in fuel for LNG-fueled vessels to reduce emissions further without any additional investment in vessel or infrastructure modifications.    While the recent industry discussions of infrastructure and the introduction of these green fuels are important, we must not overlook existing local emissions benefits. Local emissions are another major environmental concern around the world.  LNG is the only scalable marine fuel available today that significantly reduces carbon emissions.   Casey concluded, “We are proud to join SEA-LNG because LNG in place of traditional fuel delivers substantial environmental and public health benefits – dramatically lowering emissions of NOx, SOx, CO2 and particulate matter.” About Seaside LNG Seaside LNG provides LNG production and maritime transportation logistics to meet the growing demand for LNG, a cleaner alternative fuel, to customers in the maritime, aerospace and transportation industries. Seaside owns 50% of JAX LNG, a small-scale (360,000 gallons/day) LNG production facility operating two trains in Jacksonville, Florida, and a 100% ownership stake in an LNG bunkering barge operation through Polaris New Energy. The company currently owns the barges Clean Canaveral, Clean Jacksonville and tug Polaris. Seaside is expanding its fleet by constructing sister barge Clean Everglades and tug Tortuga which are scheduled for delivery by end of 2023. For more information, visit www.seasidelng.com.   About SEA-LNG SEA-LNG is a UK-registered not-for-profit collaborative industry foundation serving the needs of its member organisations committed to furthering the use of LNG as an important, environmentally superior maritime fuel. SEA-LNG has members across the entire LNG value chain including providers of the product, users, engine and asset suppliers, and class societies. SEA-LNG is already recognised as an international leader in LNG matters. Each member organisation commits mutually agreed human resources, data analysis and knowledge sharing in support of SEA-LNG initiatives and activities and financially contributes via a membership fee. SEA-LNG is guided by a board, which is led by chairman Peter Keller, who was elected as Founding Chairman in 2016. For more information, visit https://sea-lng.org/.  

Clean Jacksonville

Seaside LNG Announces Acquisition of LNG Bunker Barge Clean Jacksonville from TOTE Maritime Puerto Rico Polaris and TOTE Services Sign Additional Long-term Service Contracts JACKSONVILLE, Fla. – Seaside LNG announced the acquisition of the liquefied natural gas fueling barge the Clean Jacksonville from TOTE Maritime Puerto Rico, LLC, a subsidiary of TOTE Group, LLC. “TOTE Services’ experience in bringing LNG to the maritime sector is the most extensive in the industry. By working across every aspect, from vessel construction to ship management and technical expertise, we help our customers achieve their business and environmental objectives” Seaside LNG’s maritime transportation company, Polaris New Energy, has contracted to continue fueling TOTE’s Marlin Class LNG-powered container ships and other commercial customers with its fleet of LNG bunker barges. The Clean Jacksonville recently reached a significant milestone having successfully completed her 300th bunkering at the Port of Jacksonville. Seaside now has the largest fleet of LNG barges operating in the United States. “Seaside continues to expand its ability to bring environmentally-friendly LNG to the shipping industry with our partnership in JAX LNG and our investments in growing the LNG barge fleet,” said Tim Casey, CEO of Seaside LNG. “Use of LNG as a maritime fuel delivers substantial environmental and public health benefits by dramatically lowering emissions of NOx, SOx, CO2 and particulate matter. By purchasing the Clean Jacksonville, our team gains not only a new customer and valuable operating partner, but also the opportunity to expand our fleet operations geographically.” In addition, Polaris entered a long-term contract with TOTE Services, LLC, a separate subsidiary of TOTE Group, to continue serving as the technical manager of the Clean Jacksonville. The Clean Jacksonville complements the bunkering services of Polaris’ 5,500 m3 Clean Canaveral that operates along the coast of the southeastern U.S. and is the largest bunker barge in the Jones Act market. Polaris also has a second 5,500 m3 barge, the Clean Everglades, under construction which is scheduled for delivery by end of 2023. “TOTE Services’ experience in bringing LNG to the maritime sector is the most extensive in the industry. By working across every aspect, from vessel construction to ship management and technical expertise, we help our customers achieve their business and environmental objectives,” added Jeff Dixon, President of TOTE Services. “We look forward to continuing to operate the Clean Jacksonville safely and reliably for years to come.” The LNG for Polaris’ vessels is loaded at the Jacksonville dock of JAX LNG, an LNG production facility and joint venture between Seaside LNG and Pivotal LNG. About Seaside LNG Seaside provides LNG production and maritime transportation logistics to meet the growing demand for LNG, a cleaner alternative fuel, to customers in the maritime, aerospace and transportation industries. Seaside owns 50% of JAX LNG, a small-scale (360,000 gallons/day) LNG production facility operating two trains in Jacksonville, Florida, and a 100% ownership stake in an LNG bunkering barge operation through Polaris New Energy. The company currently owns the barges Clean Canaveral, Clean Jacksonville and tug Polaris. Seaside is expanding its fleet by constructing sister barge Clean Everglades and tug Tortuga which are scheduled for delivery by end of 2023. For more information, visit www.seasidelng.com. About TOTE Group The TOTE Group includes some of the leading transportation and logistics companies in the U.S. domestic market. TOTE Maritime Puerto Rico, LLC and TOTE Maritime Alaska, LLC bring unmatched reliability and service to their respective markets, while TOTE Services, LLC offers crewing and technical services to meet the needs of commercial, privately owned and U.S. Government vessels. The TOTE Group and its subsidiaries are part of the Saltchuk family of companies. For more information about the TOTE Group, visit www.totegroup.com.

Arroyo Acquisition

Arroyo Invests in Integrated Shore-Side LNG Liquefaction and Bunkering Platform in the U.S. Expands Portfolio of Transportation and Storage Infrastructure Assets HOUSTON – Arroyo Investors, a Houston-based, independent investment manager focused on power and energy infrastructure assets throughout the Americas, today announced it has recently closed an investment in Seaside LNG and its affiliated entities (the Company), an integrated shore-side LNG liquefaction and bunkering platform in the U.S. “We believe this investment represents a differentiated opportunity for Arroyo to own and operate infrastructure assets that are strategically positioned to help facilitate the global marine industry’s transition from traditional heavy fuel to cleaner LNG, in compliance with IMO 2020″ The Company owns interests in two separate operating businesses: (A) a 50% ownership interest in JAX LNG, LLC, a small-scale (360,000 gallons/day) LNG liquefaction facility operating two trains in Jacksonville, Florida; and (B) a 100% ownership stake in an LNG bunkering barge operation through Polaris New Energy. “We believe this investment represents a differentiated opportunity for Arroyo to own and operate infrastructure assets that are strategically positioned to help facilitate the global marine industry’s transition from traditional heavy fuel to cleaner LNG, in compliance with IMO 2020,” said Brandon Wax, Managing Director at Arroyo. “As an economic and environmentally friendly fuel supply alternative, we believe LNG is a key component in the transformation of the energy landscape and Seaside LNG is well positioned to lead the way by supplying LNG to its customers.” Credit Suisse Securities (USA) LLC acted as exclusive financial advisor to Arroyo. ABOUT ARROYO Arroyo Investors is an independent investment manager focused on power generation and related infrastructure projects throughout the Americas. Arroyo is based in Houston, Texas with an office in Santiago, Chile. Arroyo’s infrastructure investment focus includes natural gas transportation and storage, conventional and renewable power generation, energy storage and fuel logistics. Arroyo integrates an asset’s environmental and social qualities into its investment decisions. The firm currently owns investments in the United States, Mexico and Chile. For further information, please visit www.arroyoinvestors.com. ABOUT SEASIDE LNG Seaside provides LNG production and maritime transportation logistics to meet the growing demand for LNG, a cleaner alternative fuel, to customers in the maritime, aerospace and transportation industries. Seaside owns 50% of JAX LNG, a small-scale (360,000 gallons/day) LNG production facility operating two trains in Jacksonville, Florida, and a 100% ownership stake in an LNG bunkering barge operation through Polaris New Energy. The company currently owns the barge Clean Canaveral and tug Polaris, which operates as an Articulated Tug & Barge Unit. Seaside is expanding its barge fleet by constructing a sister barge that is scheduled for delivery by end of 2023. For further information, please visit www.seasidelng.com.

Clean Canaveral

Clean Canaveral Completes Inaugural LNG Bunkering in Florida Expands Portfolio of Transportation and Storage Infrastructure Assets THE WOODLANDS, Texas – The Clean Canaveral, a new liquefied natural gas (LNG) bunker barge operating along the coast of the southeastern United States, recently completed its inaugural bunkering in Jacksonville, Florida. The Clean Canaveral has a capacity of 5,500 cubic meters, making it the largest Jones Act LNG bunker barge. The vessel operates as an articulated tug barge unit (“ATB”) and is owned by Polaris New Energy LLC (“Polaris”), a subsidiary of Seaside LNG Holdings (“Seaside”). “As expected, the Clean Canaveral performed very well during the bunkering process. The McAllister Towing crew operating the ATB, our vendors, regulatory agencies, JAXPORT and Polaris worked seamlessly together to ensure we were prepared for a successful bunkering” This operation marks the first barge-to-ship cool down performed in the United States. As part of the operation, LNG was loaded onto the Clean Canaveral at the Jacksonville dock of JAX LNG, a joint venture between Seaside subsidiary Northstar Jacksonville and Pivotal LNG, a subsidiary of BHE GT&S. The Clean Canaveral then transferred approximately 600 metric tons of LNG to cool-down and bunker the tanker “Eagle Brasilia,” owned by AET. “As expected, the Clean Canaveral performed very well during the bunkering process. The McAllister Towing crew operating the ATB, our vendors, regulatory agencies, JAXPORT and Polaris worked seamlessly together to ensure we were prepared for a successful bunkering,” said Tom Sullivan, Senior Vice President of Operations for Seaside. “In addition, the working relationship between AET, its ship-manager, Eaglestar, and the crew on the ATB was key to the safe transfer of LNG. We greatly appreciate AET’s confidence in our ability to safely conduct this inaugural bunkering.” Tim Casey, Senior Vice President of LNG for Seaside said, “It’s rewarding to see the Clean Canaveral accomplish this step as it represents the culmination of years of hard work by many people. We have additional bunker deliveries already scheduled for later this month and are actively growing our customer base to supply much needed last mile logistics services.” Mac Hummel, Chief Executive Officer of Seaside added, “We’re excited to help lead the maritime industry’s transition to a lower carbon future. The environmental benefits of LNG as a next generation fuel for our maritime customers are well established. I thank Tom and Tim for their leadership in making the physical deliveries of LNG via the Clean Canaveral a success.” Roger Williams, VP Commercial LNG and Gas Development at BHE GT&S added, “With the addition of the Clean Canaveral, JAX LNG will be able to significantly increase the deliverability of LNG from our facility to the maritime industry in the southeastern United States.” “AET has invested in dual-fuel shipping,” said John Lindquist, GAC Bunker Fuels’ Head of LNG Bunkering. “With their support, GAC demonstrates our journey to decarbonization with LNG, upholding our commitment to zero oil-based bunker sales by 1 January 2030 and fulfilling our goals, which are aligned to the UN Sustainable Development Goals (SDGs) and the Getting to Zero Coalition. We thank JAX LNG, Polaris New Energy and its partners for executing a safe operation, while we explore more ways to serve the United States southeast region with the Clean Canaveral.” About Polaris New EnergyPolaris is a wholly owned subsidiary of Seaside LNG Holdings LLC, formed to supply maritime transportation logistics in the U.S. Jones Act market for LNG as a fuel to the maritime, aerospace and transportation industries. Polaris owns the Clean Canaveral and the tug, Polaris, which operate as an ATB for delivery to LNG customers. For more information, visit polarisnewenergy.com. About Seaside LNG HoldingsSeaside Holdings LLC provides LNG liquefaction and maritime transportation logistics to meet the growing demand for LNG as a transportation fuel through its subsidiaries Northstar Jacksonville and Polaris New Energy. About JAX LNGJAX LNG, LLC is a joint venture between NorthStar Jacksonville and Pivotal LNG – a subsidiary of BHE GT&S, a Berkshire Hathaway Energy company – operating a 120,000 gallon per day LNG plant with 2 million gallons of storage, marine and truck-loading capabilities in Jacksonville, FL. An expansion of the facility is nearing completion that will double storage and triple liquefaction capacity by early 2022. The LNG facility was constructed to bring liquefied natural gas to the southeastern U.S. and Puerto Rico. For more information on JAX LNG, visit www.jaxlng.com.