rss icon Subscribe
desktop mobile

Gunvor to Lease Exmar FSRU

Photo: Exmar

Aiswarya Lakshmi

Gunvor will lease the floating storage and regasification unit (FSRU) for ten years from the Belgian gas tanker company Exmar.

"Exmar is pleased to announce that it has executed a fully effective ten year charter with Gunvor for the provision of its FSRU (floating Storage and Regasification Unit) barge and related services in Bangladesh," stated a press release from the company.
The Exmar FSRU barge is currently at Keppel Shipyard undergoing site specific modifications after having been delivered from Wison Offshore and Marine in December 2017.
The FSRU barge is expected to arrive in Bangladesh in the fourth quarter of this year and start operations after its full commissioning. Currently the FSRU has been fully paid by Exmar and the financing of the unit is under discussion.
As a leading global trader of LNG, Gunvor is keen to support the development of new LNG markets by providing reliable and efficient LNG infrastructure solutions.
The floating solution developed and operated by Exmar is going to perfectly serve Gunvor's long term strategy, and the group is very satisfied with its first strategic move in the FSRU space in cooperation with Exmar.

May 14, 2018

 

Contracts

Diana Shipping TC Contract for M/V Coronis

Coronis. Photo: Diana Shipping Inc.

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a

DFDS Orders New Freight Ferry

(Image: Knud E. Hansen / DFDS)

DFDS has exercised an option to order an additional freight ferry (ro-ro) newbuilding from the

Yang Ming Orders Ten 2,800 TEU Containerships

File Image: Yang Ming Marine Trans

Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION

Energy

Maersk to Pursue Separate Listing of Maersk Drilling

Photo: Maersk Drilling

Danish shipping company A.P. Moller-Maersk has decided to pursue a demerger with its offshore

KOGAS Invests $8.84bn in LNG, Hydrogen Projects

File Photo: © alexyz3d / Adobe Stock

South Korean state-owned Korea Gas Corporation (KOGAS) will invest 10 trillion won (US$8.

Signs of Recovery in the US Gulf of Mexico

© Theerapong / Adobe Stock

Today's U.S. auction of Gulf of Mexico exploration leases drew tepid response from oil companies

Maritime Apps