LNG midstream - Shipping
EXMAR has over 30 years of experience in the transportation of LNG since the long-term time charter of the 131,000 m³ METHANIA was concluded with Belgian natural gas distributor Distrigas NV in the late 1970’s.
At the end of the 1990's a foreseen increase in demand for LNG together with attractive newbuilding prices enabled EXMAR to make a major expansion in this area. A series of 138,000m³ LNG carriers was ordered at Korean shipyard Daewoo (DSME). The first 138,000m³ vessel, EXCALIBUR, was delivered in October 2002 and the sister ship, EXCEL, entered service in September 2003.
As a result of EXMAR’s unique technical knowhow in LNG shipping and shipbuilding in combination with a continuous drive for the development of innovative solutions, EXMAR decided to order two LNG regasification vessels ("LNGRV") in 2002. The LNGRV's can function as conventional LNG carriers but, as an additional feature these sophisticated LNG carriers have the facility to regasify LNG onboard subsequently discharging high pressure natural gas directly into a shoreside pipeline system.
Today, EXMAR continues to focus on the additional transportation needs of the LNG industry worldwide. Our vision is to continue to grow our business while remaining committed to deliver prime operational services to the LNG industry medium- or long-term, fixed-rate LNG carrier time charters.
EXMAR operates 11 LNG carriers, out of which 8 are fitted with EXMAR’s regasification installation.
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