The world’s first barge-based floating LNG storage and re-gasification unit (FSRU) was delivered to EXMAR in late 2017 and left the Wison Shipyard in Nantong, China in February 2018. EXMAR Ship Management crew loaded her onto a heavy lift vessel for transport to Singapore. They are now at the shipyard where the unit undergoes site specific modifications before departing to the project destination in Bangladesh and commence long-term employment. The entire project is coordinated by a team of specialists from EXMAR and ESM’s LNG Business Unit.


A dedicated team located in Belgium and China have successfully project-managed the development of the world’s first barge-based Floating Liquefaction unit (FLNG) and supervised its commissioning and delivery. Many of the team members who were involved in the actual design of the FLNG will be managing the unit when it becomes operational. All of them were selected from EXMAR Ship Management’s pool of experienced seafaring officers.


In 2010, EXMAR Ship Management won the contract to operate and maintain the OLT-owned FSRU Toscana, which was being converted from an LNG ship into a Floating Storage and Regasification Unit (FSRU) terminal in Dubai at that time.

To build the right organization around the customer’s requirements from the start, EXMAR Ship Management established a joint venture with Italian crewing specialist Fratelli Cosulich, creating EXMAR Cosulich Offshore Services (ECOS).

The ECOS team provided technical consultancy during the conversion, ensuring that both operational aspects and customer expectations were taken into account during design and construction. This early assistance also allowed ECOS to set up an integrated management system in line with all applicable regulations and industry standards and tailored to the client’s needs.

ECOS were also awarded the contract to crew and operate the FSRU Toscana during what was the towage of the largest FSRU of its kind through the Suez Canal from the dry dock facilities in Dubai to its final position in Italian waters.

Following successful mooring and installation off the coast of Livorno, FSRU Toscana underwent a thorough testing and certification process in 2013. ECOS has been operating and maintaining the floating gas terminal since then, delivering natural gas to the Italian grid via a subsea pipeline for the next 20 years.

LNG Shipping S.p.a.

“EXMAR Ship Management has taken the necessary steps to understand how our vessels need to be managed in order to conform to our procedures and regulations as well as the provisions of Italian law”

LNG Shipping S.p.a.


EXMAR Ship Management (ESM) currently handles all technical and crew management for vessels LNG Lerici and LNG Portovenere of LNG Shipping S.p.a., which is a fully-owned company of the Italian energy major ENI S.p.a. ESM worked with the client for just over a year beforehand to properly plan the integration of the two vessels into day-to-day operations. To match their needs, we have local technical and marine superintendents based in Italy to provide support.

ESM has also adapted its Ship Management System to meet ENI requirements, all of which has been certified by RINA. ESM works with an Italian Joint Venture Partner for crewing and has appointed an Italian-speaking personnel officer at headquarters in Antwerp to further integrate all crew management activities.

LNG - Excelerate Energy

“We have been able to build upon our shared knowledge and serve our own customers in a better way”

Since 2003, EXMAR and Excelerate Energy have been delivering solutions for the transport and regasification of LNG. EXMAR Ship Management performed their first commercial LNG ship-to-ship (STS) transfer and manages their LNG and regasification vessels, both at sea and in dockside regasification gas ports. EXMAR Ship Management also tested and commissioned Excelerate’s Experience, the world’s largest FSRU, which is now being operated by ESM staff off the Atlantic coast of Brazil.