BW said it has signed a ship-building contract with Samsung Heavy Industries of South Korea for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU).
Expected to be delivered in 2015, it will be the latest addition to the company’s fleet of 16 LNG carriers, building on and increasing its existing LNG expertise.
This vessel and floating terminal will be able to receive and convert LNG into its gaseous form for offloading via pipelines, to gas facilities on-shore.
BW is focused on its vision to be the leading brand in energy transportation, serving customers with wide-ranging marine solutions across the energy value chain.
BW and its predecessor companies have been providing shipping and maritime services for over 70 years and remains committed to safe, responsible operations of its fleet andthe company’s offices worldwide.
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LNG World News Staff, January 11, 2013; Image: SHI