Back in October last year Exmar LPG (a joint venture between Exmar and Seapeak) announced that two 46,000 cubic meter gas carriers on order at shipbuilder Hyundai Mipo Dockyard (HMD) would be
One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the
Antwerp, Belgium, headquartered Exmar LPG BV, a joint venture between Exmar and Seapeak, has ordered what will be the first ever oceangoing vessels to be propelled by dual-fuel ammonia engines: two midsize
Antwerp, Belgium, headquartered gas carrier operator Exmar is partnering with Canadian fertilizer producer Nutrien to deploy an ammonia-fueled vessel by as early as 2025. The vessel would be fueled by low-carbon ammonia
Antwerp headquartered EXMAR today reported that Chairman of the Board, Baron Philippe Bodson, passed away on April 4 after losing his fight against COVID-19. Nicolas Saverys, previously CEO of EXMAR, is taking
SEPTEMBER 17, 2018 — Wärtsilä is to supply an integrated cargo handling and fuel gas system for the two LPG-fueled 79,500 cu.m Very Large Gas Carrier (VLGC) newbuildings on order for Antwerp
MARCH 2, 2018 — While plenty of people have been studying the potential of LPG as a marine fuel, Antwerp headquartered EXMAR has taken the plunge. It says that the main engines
JULY 28, 2017 — Exmar has taken delivery of he world’s first barge-based floating natural gas liquefaction and storage, the Caribbean FLNG (CFLNG), from Chinese shipbuilder Wison Offshore & Marine. Delivery took
Today, Flex LNG Ltd. noted that completion of the transaction had been subject to, among other things, satisfactory due diligence and agreement on definitive transaction documents.
“The parties have failed to agree on the definitive transaction documents and the previously announced transaction will not be completed,” said Flex LNG, adding that it and Geveran Trading, will continue with the construction of the two 174 cu.m Panamax LNG carriers it has under construction at shipbuilder Samsung Heavy Industries for 2018.
Flex LNG said that it will also “examine other strategic alternatives to add value to the company and its shareholders, including considerations of opportunities across the LNG value chain. The current condition of the LNG market could give interesting consolidation and growth opportunities for the company.”
Exmar said: “The parties have failed to agree on the terms. The previously announced transaction will not be completed.”Exmar will continue focusing on LNG infrastructure and pursue its strategy of barge based FLNG and FSRU projects.”
DECEMBER 22, 2014—Under a recently announced deal, China’s Wison Offshore & Marine will build a second Floating LNG Liquefaction Unit (FLNG) for EXMAR NV at its Nantong shipyard. The contract calls for
