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Exmar enables LNG as a maritime fuel with FTU

LNG carrier SIMAISMA is secured under an initial 7-year charter contract with a first-class counterpart and will be modified into an FTU.

Exmar enables LNG as a maritime fuel with FTU

Source: Exmar

Moscow, August 6 – Neftegaz.RU. Exmar has announced the delivery of the 146,000 cubic-meter liquefied natural gas (LNG) Carrier SIMAISMA. The vessel is secured under an initial 7-year charter contract with a first-class counterpart.

The vessel will soon undergo a dry-dock including modifications to make the vessel suitable as a floating transshipment unit (FTU), dedicated to the LNG bunkering market. The FTU will receive large parcels of LNG from trading LNG carriers and specialised LNG bunkering vessels will load at the FTU before supplying it as a fuel to vessels that use this clean LNG as a fuel.

«Exmar is gladly assisting its client in further paving the way to unlock LNG as a fuel for the shipping industry. The FTU is a smart solution with which our client bring down the costs of the logistics relating to the LNG bunkering. With this solution, we are building upon Exmar’s close to 50 years of LNG experience»
, said Exmar’s CEO, Carl-Antoine Saverys.

Exmar is a provider of floating solutions for the operation, transportation and transformation of gas. The company designs, builds, owns, leases and operates specialized, floating maritime infrastructure for this purpose as well as aiming for the highest standards in performing commercial, technical, quality assurance and administrative management for the entire maritime energy industry.

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