Exmar in 10-year FSRU barge charter with Gunvor

Exmar has executed what it says is a “fully effective” ten-year charter for the provision of its floating storage and regasification unit (FSRU) barge and services in Bangladesh for Gunvor.

The 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.

In a statement on Monday, Exmar said: “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.”

Exmar has previously said the FSRU Barge is the first, newly built regasification barge in the world, built on a speculative basis by EXMAR. The FSRU obtained a long-term contract prior to its delivery from the yard, however, it is only now that Gunvor has been revealed as the client.

Share this article

Follow Offshore Energy Today

Posted on May 15, 2018 with tags , .

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply