Image: DSME
Daewoo Shipbuilding and Marine Engineering announced today they will be building a 263,000㎥ LNG-FSRU (LNG Floating, Storage & Regasification unit) for Japan’s Mitsui O.S.K. Lines.
The value of the construction contract was not disclosed and delivery of the vessel is expected in mid-2016.
In a speech this past spring at OTC Houston, ConocoPhillips’ Global LNG Marketing Manager Chip Schuppert notes that these highly specialized vessels are the key to the expansion of the LNG market globally.
“FSRUs have decreased the critical mass of demand needed to be a viable new market and increased the speed of new market access,” commented Schuppert.
Read more here: ConocoPhillips: FSRUs are the Key to LNG Market Expansion
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By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits...
A Japanese-linked liquefied natural gas (LNG) carrier has successfully transited the Strait of Hormuz, marking the first such passage by a Japan-affiliated vessel since the waterway was effectively shut by conflict in the region, its operator said on Friday.
Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare an unprecedented force majeure to buyers.
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