Tag: FSRU

Mitsui O.S.K. Lines (MOL) has announced an agreement with Singapore LNG Corporation on a long-term time charter contract for the country's first Floating Storage Regasification Unit (FSRU).   

The Alexandroupolis FSRU Terminal officially commenced commercial operations on October 1, 2024, marking a transformative step for Central and Southeast Europe's energy landscape.

Summit LNG announced it will send its damaged Floating Storage and Regasification Unit (FSRU) for repairs after suffering damage in Bangladesh.

GAZ-SYSTEM has signed agreements with the Port of Gdańsk and the Maritime Office in Gdynia on a partnership for the implementation in the Port of Gdańsk of an investment that is strategic to the security of Poland – a floating LNG terminal of the FSRU type.

Gas Transmission System Operator GAZ-SYSTEM SA has achieved a landmark milestone in Poland's energy sector by finalizing the first floating regasification unit (FSRU) chartering agreement.

Seatrium announced that it has secured a series of major contracts with an aggregate value of S$350 million, to be completed by end 2025.

Lloyd’s Register (LR), China Petroleum Pipeline Engineering (CPP), COSCO Shipping and CyGas are currently working together on a project to convert the LNG carrier SS Galea to a Floating Storage and Regasification Unit (FSRU), to be named Etyfa Prometheas.

Greece's first Floating Storage and Regasification Unit (FSRU) near Alexandroupolis, recently welcomed its first liquefied natural gas (LNG) cargo.

Seatrium has renewed its long-term Favoured Customer Contract (FCC) with GasLog LNG Services Ltd and Shell International Trading and Shipping Company Limited (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers from 2024 to 2029, with an option for further renewal. This contract marks a collaborative partnership between Seatrium and these two leading maritime companies with whom the Group has established a long history of collaboration. As informed, the contract involves the repairs, refurbishment and upgrading of the two entities’ combined fleet of 43 LNG carriers docking in South East Asia to Seatrium Repairs and Upgrades, a wholly-owned subsidiary of the Group. It also supports joint planning, information and experience sharing, leveraging complementary resources of the Group to achieve sustainable targets in HSE (Health, Safety and Environment), quality, cost efficiency and timely deliveries. We are delighted to renew our favoured customer agreement for another five years. We have enjoyed many years of partnership to refit the majority of our fleet here and trusted Seatrium in the conversion of our Floating Storage Regasification Unit (FSRU). The recent tender we jointly  ran with STASCO indicates that Seatrium remains a competitive shipyard offering high quality services.  ..Kostas Karathanos, Chief Operating ...

In the LNG industry chain, the LNG supply market is in the upstream, the end point is usually natural gas liquefaction plant, and the LNG demand market is in the downstream, with the LNG receiving terminal as the starting point, China Classification Society highlights.