Search results for: FSRU

2413 results

A list of search results

  • 17 November 2016

    Oslo-Based Höegh LNG said Thursday it is still in negotiations on securing employment for its seventh FSRU, currently under construction at South Korea’s Hyundai Heavy Industries. The floating LNG company is “making progress” on finding work for the FSRU, on schedule for delivery in March 2017, as well as for “additional FSRU’s from its planned newbuild […]

  • 26 April 2017
    Business & Finance

    Antwerp-based operator of Floating Storage Regasification Units (FSRU) Exmar said that its deal with tank storage provider Royal Vopak on the acquisition of Exmar’s participation in FSRU assets has been cancelled. The conditional agreement was reached on 21 December 2016. However, the finalization of the deal was subject to consent and cooperation of multiple stakeholders. Under the acquisition deal, […]

  • 9 October 2017

    Classification society Bureau Veritas has unveiled a new rule for the classification of floating storage and regasification units (FSRUs) in response to industry demand. 

  • 22 December 2016
    Business & Finance

    Belgian LNG and LPG carrier owner and operator Exmar NV has entered into a floating LNG storage and regasification (FSRU) transaction deal with tank storage provider Royal Vopak. The move comes less than four months after the parties launched exploratory discussions on the possibility of an acquisition of Exmar’s share in its FSRU business by Vopak. The […]

  • 1 June 2015
    Business & Finance

    Oslo-listed provider of floating LNG services Höegh LNG Holdings Ltd has ordered its eighth floating storage and regasification unit (FSRU#8) at South Korean shipbuilder Hyundai Heavy Industries (HHI). FSRU#8 is designed to the highest specifications, has full trading capability, regas capacity of 750 MMscf/day, and will be delivered in the first quarter of 2018. The agreement with […]

  • 8 February 2018
    Ports & Logistics, Vessels

    Turkey commissioned on Wednesday the country’s second floating storage and regasification unit (FSRU) at a port in Dörtyol, Hatay located on the country’s Mediterranean coast. The MOL FSRU Challenger, the world’s largest FSRU, arrived in Turkey in November last year following delivery to its owner on October 10, MOL LNG Transport (Europe) Ltd, a unit of […]

  • 22 April 2014
    Business & Finance

    Hoegh LNG Ltd. has taken delivery of the PGN FSRU Lampung, the first of the four newbuilt FSRUs that the company has ordered from Hyundai Heavy Industries Ltd (HHI). PGN FSRU Lampung is currently sailing to Lampung in Indonesia to commence 20 years of operation for the Lampung FSRU project. The project is on schedule […]

  • 29 September 2017

    Mitsui O.S.K. Lines has named its MOL FSRU Challenger during a ceremony held at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co., Ltd in South Korea. The company claims the FSRU to be the largest in the world. MOL president and CEO Junichiro Ikeda named the vessel on Thursday, September 28. The FSRU […]

  • 1 June 2015
    Project & Tenders, Vessels

    Höegh LNG informed that it has ordered its eighth FSRU at Hyundai Heavy Industries in South Korea.

  • 5 April 2018
    Business & Finance

     Höegh LNG Holdings today took delivery of its eighth floating storage and regasification unit.

  • 22 April 2014
    Vessels

    Höegh LNG took delivery of the “PGN FSRU Lampung”, the first of the four newbuilt FSRUs that the company has ordered from Hyundai Heavy Industries, on April 17. The “PGN FSRU Lampung” is currently sailing to Lampung in Indonesia to commence 20 years of operation for the Lampung FSRU project. The project is on schedule and is expected […]

  • 21 February 2020
    Business & Finance

    MOL, DSME exploring new technology to reduce environmental impact for FSRUs.

  • 6 November 2014
    Project & Tenders, Vessels

    Hoegh LNG said it has ordered a fifth FSRU at the South Korean shipbuilder Hyundai Heavy Industries.

  • 4 September 2017
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines has signed agreements with Swan LNG for a stake in liquified natural gas (LNG) receiving terminal project in India. As stipulated in the deal, MOL will be taking care of the long-term operation/maintenance of a floating, storage and regasification unit (FSRU) and provision and long-term operation/maintenance of a floating […]

  • 17 November 2017
    Business & Finance

    Höegh LNG has shared an image of its ninth FSRU floating at Hyundai Heavy Industries (HHI) shipyard in South Korea.  Scheduled for delivery in the fourth quarter of 2018, the FSRU will have a storage capacity of 170,000 cubic meters and a max regasification capacity of 750 MMscf/day. With a gross tonnage of 103,800 tons, […]

  • 26 March 2019
    Vessels

    Bangladesh’s second floating storage regasification unit (FSRU) is set to arrive in the Bay of Bengal in April 2019.

  • 5 October 2015
    Business & Finance

    Japanese Mitsui O.S.K. Lines, Ltd. has reached a basic agreement with Gas Sayago, a joint venture between Uruguay’s state oil company ANCAP and state power company UTE, to continue the floating storage and regasification unit (FSRU) project led by Gas Sayago. The government of Uruguay recently cancelled its contract with GNLS S.A., a 50-50 joint […]

  • 18 January 2017
    Business & Finance

    Norway-based owner and operator of floating liquefied natural gas (LNG) import terminals Höegh LNG Holdings has signed contracts with two South Korean shipbuilders for the construction of two floating storage and regasification units (FSRUs), with an option for additional three FSRUs. The first shipbuilding contract (SBC) was inked with Samsung Heavy Industries (SHI) for the construction […]

  • 30 September 2019
    Business & Finance

    During the five-year deal, Excelerate will have the option to purchase the newbuilding.

  • 25 July 2017

    Despite falling freight rates for FSRUs, investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to the global shipping consultancy Drewry.

  • 6 September 2017

    International law firm King & Spalding said it represented Japanese conglomerate Mitsui O.S.K. Lines (MOL) on its recent deal with Swan LNG for an import terminal to be developed in Gujarat, India. The LNG terminal will have a receiving capacity of 5 million mt per year and utilise a dual floating storage and regasification unit […]

  • 29 September 2017
    Business & Finance

    Mitsui O.S.K. Lines’ (MOL) first independently owned, built and operated floating storage and regasification unit (FSRU), the MOL FSRU Challenger, was named at Daewoo Shipbuilding & Marine Engineering’s Okpo shipyard in Korea on September 28. The MOL FSRU Challenger will provide storage and regasification services to a project in Turkey after delivery during October, the […]