LNT Marine was established as a merger between LNG New Technologies and MGI Thermo in 2017, which again had its origin from Marin Gas Insulation and Thermo Service. The roots of the company and its founding partners go however decades back in time.
The company’s competence and experience with reefers relates back to Drammen Slip & Verksted in the 1960’s. From the late 1960’s to the 1980’s the shipyard in Drammen (Norway) developed a niche within refrigerated cargo ships and built in total 45 reefers and freezer vessels. Tore Foss had decades of experience with marine insulation systems from Teknisk Isolering (TI) and moved on in 1977 and established Thermo Service to serve this market for refrigerated cargo ships.
His son, Stein Foss, joined the business in the early 1990’s, and the company focused more on the international shipbuilding market as construction of traditional cargo vessels was no longer competitive in Norway. In year 2000, Gunnar Bærheim, a pioneer within insulation of Moss type LNG carriers joined Thermo Service. Later on, Sverre Øien, also a veteran within insulation of Moss type LNG carriers joined the company, but the company was still focused on newbuilding and repair of refrigerated cargo ships.