History

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Antwerpen design46,000m³ Hyundai, KoreaFirst NH3 fuelled MGC

Fast track FLNG solution contracted for LNG exports out of the Republic of Congo

EXMAR's 300pax accomodation barge WARIBOKO (ex-Otto 5) has een sold and delivered to it's new owner offshore Pointe-Noire, Republic of Congo.

On January 1st, 2024 Carl-Antoine Saverys steps in as CEO of EXMAR Group, a generational shift is marked within the Saverys family. Saverys' appointment signifies a new chapter in EXMAR's leadership, highlighting his capability and vision to steer the company forward. He succeeded Francis Mottrie as CEO of Exmar in January 2024; Joining him at the executive top level are [...]

First Full Cargo of Blue Ammonia, delivered from Ras Al-Khair, Saudi Arabia to Varna West Port, Bulgaria

100 Million tons NH3 transported over 4 decades

EXMAR, ENI AND DRY DOCKS WORLD DUBAI CELEBRATE THE SAIL AWAY OF TANGO FLNG AND EXCALIBUR FSU VESSELS TO CONGO In the presence of the Ministry of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, senior representatives from EXMAR, Eni and Dry Docks World Dubai gathered today to celebrate the sail away of the Tango Floating Liquefied Natural [...]

The newly ordered vessels will be equipped with dual fuel propulsion engines (ammonia and conventional marine fuel). The MGC's are due for delivery first half of 2026 and will be worlds first ships equipped with two-stroke ammonia fueled engines. This innovation establishes EXMAR's commitment to offer its customers the ability to ship their goods near carbon neutral when used with [...]

EXMAR and Seapeak through their JV (EXMAR LPG BV) are moving forward with the use of ammonia as fuel for two Midsize Gas Carriers (MGCs). The vessels will be constructed at Hyundai Mipo Dockyard in South Korea. These vessels will be the first oceangoing ships to be powered by dual-fuel ammonia engines, enabling near-zero emissions when operating on ammonia. The [...]

EEMSHAVEN LNG, EXMAR's FSRU is performing as per expectations under the five-year charter with GASUNIE affiliate EemsEnergy Terminal BV with a 100% commercial uptime in the first quarter of 2023. Since March 2023 the unit is fully operating with shore power and shore heat for its regasification operations.

First NH3 STS operation, Fujairah, United Arab Emirates

EXMAR, the primary shareholder of BEXCO, has recently acquired full ownership of the company by purchasing all remaining shares. BEXCO is a renowned European manufacturer of precision-engineered synthetic mooring, towing, and lifting ropes for offshore, marine, and industrial applications. The company caters to the world's largest energy companies, ship and tug owners by designing and producing custom-made fiber ropes at [...]

Fast track FSRU solution contracted for gas import to the Netherlands

EXMAR LPG announces a new order of two Midsize Carriers with Hyundai Mipo Dockyard. These vessels with a cargo capacity of 46,000 m³ will be equipped with cutting-edge dual fuel engines, capable of running on both LPG and conventional marine fuels. This investment aligns with EXMAR's fleet renewal program and underscores the company's commitment to leading the way in the [...]

EemsEnergy Terminal is officially inaugurated in the presence of Dutch Minister of Climate and Energy Rob Jetten, Prime Minister Petr Fiala of the Czech Republic, the Executive Board of Gasunie EXMAR's Chairman Nicolas Saverys and CEO Francis Mottrie. The first LNG tanker also arrived this day. Record time Despite geopolitical instability, the EemsEnergyTerminal was completed in an impressively short timeframe. [...]

default EXMAR is pleased to announce that it has signed an Agreement with Eni for the sale of the TANGO FLNG. TANGO FLNG floating liquefaction plant, delivered in 2017, has a storage capacity of 16,100 m³ of LNG (liquefied natural gas) and a liquefaction capacity of up to 0.6 million tons per year. The value of the transaction for the [...]

EXMAR announces that it has reached an agreement for a 5-year charter for the employment of its 600 MMSCFD regasification barge FSRU S188 (Floating Storage and Re-Gasification Unit) with GASUNIE LNG Holdings BV (GASUNIE). GASUNIE will use the FSRU S188 as floating LNG import terminal at Eemshaven in Groningen, the Netherlands, in view of the geopolitical developments currently going on [...]

Delivery of the world’s first ordered 88,000 m3 VLGCs with LPG as fuel, Jiangnan, China

EXMAR and LATTICE Technology announced today that they have signed an agreement to jointly work on the development of a new type of CO₂-carrier. The joint venture allows the two companies to combine their individual expertise; EXMAR as a leading player in the design, ownership and operation of innovative and efficient gas carriers and LATTICE Technology in creating innovative tank [...]

EXMAR is proud to announce the delivery of the 88,000 m³ LPG/C FLANDERS INNOVATION from Jiangnan Shipyard, China. Being the world's first-ordered, most efficient and largest dual fuel VLPG carrier in the world, her successful delivery underlines EXMAR’s ability to innovate and improve industry standards. Being a future-driven company, EXMAR took on a serious challenge with this innovative project of [...]

EXMAR Offshore Company has been awarded a grant from the National Offshore Wind Research and Development Consortium to study the Feasibility of a Jones Act Compliant Wind Turbine Installation Vessel Conversion. The awards reflect critical topics identified by the industry to advance offshore wind development and the development of a US supply chain to support the industry. The US offshore [...]

In order to meet the challenge of the transition to a carbon-neutral society by 2050, we need to look beyond our own production of renewable energy generated domestically or offshore. The import of renewable energy plays an essential role in this respect. The study published by the hydrogen import coalition – a collaboration between DEME, ENGIE, EXMAR, Fluxys, Port of [...]

EXMAR’s FLNG, a floating liquefaction unit with a production capacity of approximately 0.5 million tons per annum of Liquefied Natural Gas was employed in Argentina for YPF. EXMAR and YPF reached a settlement agreement. over the dispute under the TANGO FLNG Agreements. A settlement amount of USD 150 million will be paid by YPF to EXMAR in consideration of the [...]

On the 4th of April Chairman of the Board, Baron Philippe Bodson, sadly passed away after his fight against COVID-19. Subsequently the EXMAR Board announces that Francis Mottrie is appointed as CEO. And Nicolas Saverys, previously CEO of EXMAR, takes up the position of Executive Chairman of the Board of Directors.

Tango FLNG deployed to export LNG from Bahia Blanca, Argentina.

EXMAR is pleased to announce that the first commercial LNG cargo has left Argentina for export. It was produced on board EXMAR’s Tango FLNG and is now being transported by Excalibur, an EXMAR’s fleet LNG carrier. EXMAR’s Board of Directors and management want to congratulate both EXMAR and YPF teams for reaching this unique milestone. It is the first LNG [...]

The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, EXMAR, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a [...]

EXMAR Ship Management ("EXMAR") and Anglo-Eastern Univan Group ("Anglo-Eastern") have announced the formation of a joint venture ("JV") dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners. The joint venture, AEX LNG Management, brings together two of the leading names in ship management and LNG ship management, with more than 70 years of combined industry [...]

EXMAR is pleased to confirm that it has completed the commissioning of the Tango FLNG. The performance acceptance tests has been successful, the first cargo has been offloaded and will be exported out of Argentina. With this first shipment the start-up of the Tango FLNG is accomplished in a record time following the contract signing in November 2018 and delivery [...]

EXMAR has entered into shipbuilding contracts with Jiangnan Shipyard for 2 LPG-fuelled 86,000 m³ gas carriers to transport LPG in an environment-friendly way. Both vessels are to be delivered ex yard respectively within the second and third quarter 2021 and will serve EXMAR’s long-term commitments towards Equinor ASA of Norway for worldwide LPG transportation as announced on 20th December 2017.

EXMAR's barge-based floating liquefaction unit departs from China for its final destination one month after the announcement of the signing of a firm, ten-year agreement to produce and export LNG from the Vaca Muerta source at the Neuquén Basin in Argentina.

Exmar signed a 10-year agreement with YPF to deploy Exmar’s barge-based floating LNG liquefaction unit (FLNG) currently known as Caribbean FLNG to produce and export LNG in Argentina. The barge will be renamed TANGO FLNG will be stationed in Bahia Blanca and produce 500,000 tons of LNG per year.

Another step towards sustainable shipping This is a first glance at a new Ballast-Free LNG Carrier Concept. EXMAR is participating in the joint design of an innovative 30.000 m³ LNG/C together with Dalian Shipbuilding Industry Corporation and our long-term partners Lloyd’s Register and GTT. Though this is not a new concept, the need to actually consider adopting ballast-free ships has [...]

Excelerate Energy and EXMAR NV reached an agreement for the acquisition by Excelerate Energy of the full 50% shares held by EXMAR in four (4) co owned FSRUs,EXCELERATE, EXPLORER, EXPRESS and EXCELSIOR. These four units were under a long-term time charter to Excelerate Energy.

EXMAR has entered into an agreement with Statoil ASA from Norway on 2 environment-friendly Newbuilding 80,200m³ gas carriers to transport LPG in a sustainable manner basis a long-term commitment. Construction will be done by Hanjin Heavy Industries & Construction at Subic Bay (Philippines). Both vessels are to be delivered within 2020 and will be compliant with the most stringent NOx [...]

EXMAR takes delivery of World’s First Barge-Based FSRU and secures long-term employment for the unit. The world's first barge-based floating LNG storage and re-gasification unit (FSRU) from the Wison Shipyard in Nantong, PRC. The unit has a re-gasification capacity of up to 600MMSCFD and a storage capacity of 26,000 m³ of LNG. This delivery is a milestone in EXMAR’s history [...]

EXMAR announces the sale of the LNG carrier EXCEL (138,107 m³ - 2003 built). EXCEL has been delivered to its new owners on 6th of October 2017.

EXMAR sold its inhouse insurance broker BELGIBO NV to Jardine Lloyd Thomson Group plc (JLT), one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services.

EXMAR LPG is happy to announce that on this day, 24th of July 2017, the LPG Midsize gas tanker named KRUIBEKE was delivered and joined the EXMAR fleet.

EXMAR has taken delivery of the “Caribbean FLNG”, today 27 July 2017 in Nantong, PRC, from Wison (Nantong) Heavy Industries Co., Ltd. and Wison Offshore & Marine Ltd. The CFLNG consists of a 500,000 tons per year floating liquefaction plant with 16,000 m³ of LNG storage.

We are proud to announce that today March 28th 2017 the LPG midsize carrier KALLO was delivered to her Owners at Subic Bay, Philippines.

On 8th of November 2016, Midsize LPG Carrier KORTRIJK joined the Exmar LPG fleet. We are proud to announce that the vessel was delivered to Owners at HHIC-Phil Shipyard in Subic Bay, Philippines.

After completion of Gas Commissioning, the floating liquefaction unit Caribbean FLNG, has been performance-tested from 23 until 26 September 2016 at Wison’s shipyard in Nantong, China. The hourly production data collected during this 72-hour performance test show that the designed production capacity of the Caribbean FLNG has been confidently met. Feed gas for the Gas Commissioning and Performance Acceptance Test [...]

On 30th June the midsize LPG carrier KONTICH has been delivered from Hanjin Heavy Industries - Subic Bay Shipyard to EXMAR.

EXMAR took delivery of Midsize LPG/C vessel named KNOKKE. This vessel is number six in EXMAR's ongoing LPG vessel renewal and expansion program.

Progress continues on the renewal and expansion of the EXMAR LPG midsize with the naming of the Kaprijke. Following her delivery, EXMAR's midsize fleet will stand at 13 with another 2 under time charter and another 7 under construction.

EXMAR Offshore exercises purchase option on Otto 5 accommodation barge. Barge is renamed Wariboko and commences 2 year contract for TOTAL in Nigeria. EXMAR is specialised in owning, operating and managing accommodation barges, with Nunce (joint venture ownership) and Kissama (technical and crew management) operating off the coast of West Africa.

LPG Midsize LPG/NH3 - 38,000 m3 newbuild Warisoulx (sistership of Waasmunster) is an ultra-modern midsize LPG vessels delivered from Hanjin's Mipo shipyard in Ulsan in Korea. The vessels are capable of operating with alternative fuels and are equipped with a number of energy-saving innovations.

The Consortium (which comprises of EXMAR, EDF Trading and AltaGas) assumes control of Douglas Channel LNG project in British Columbia, with acquisition of all relevant contracts, assets and approvals. Final Investment Decision (FID) is expected by the end of the year. In the consortium, EXMAR is responsible for the development of thefloating liquefaction facility.

LLOG’s Delta House Floating production system is named in Ingleside, Texas and is successfully deployed in the GOM with EXMAR’s innovative OPTI® Hull Design and FAST® Riser pull-in method

The seaborne Caribbean FLNG is now planned to be transported to its destination off the coast of Columbia during 2015. EXMAR announces the order from the same shipyard of a second floating liquefaction unit with an option for two more units, underlining its long term commitment to owning and operating seaborne LNG marine infrastructure capable of performing liquefaction, storage and [...]

EXMAR’s first barge-based FLNG is undocked, entering the East China Sea for final assembly and commissioning. EXMAR orders a barge-based floating regasification unit for delivery in 2017.

2014 Waasmunster design38,000m3 Hyundai, South Korea 2015 Kaprijke design38,000m3 Hanjin, The Philippines

Waregem is the third in a series of twelve newbuild midsize 38,000m³ LPG carriers, and has been built at Hanjin's Mipo shipyard in Ulsan, South-Korea. As with her sisterships, the newbuild is equipped with a number of energy-saving innovations, and is capable of being powered by alternative fuels.

LLOG’s Delta House Floating production system is named in Ingleside, Texas and is successfully deployed in the GOM with EXMAR’s innovative OPTI™ Hull Design and FAST™ Riser pull-in method. Production on site commences in May 2015, just three years after project startup.

The LPG Midsize LPG/NH3 - 38,000 m3 newbuild Waasmunster is named at the port of Zeebrugge, marking the delivery of the first of a series of ultra-modern midsize LPG vessels to be delivered from Hanjin's Mipo shipyard in Ulsan in Korea and the Hanjin Subic Bay shipyard in the Philippines. The vessels are capable of operating with alternative fuels and [...]

Just over six years after the world's first ever commercial ship-to-ship transfer of LNG by EXMAR and Excelerate Energy off the coast of Scotland, the milestone of the 500th Ship-to-Ship transfer was achieved , with a total of 53,311,335 cubic meters of LNG transferred using the STS protocol. The partnership is the sole player in the industry with the effective [...]

Further consolidating the relationship already built in co-ownership of LNG tonnage, EXMAR and Teekay LNG Partners signed an agreement effectively creating a jointly-owned midsize LPG fleet of one Very Large Gas carrier and 15 midsize vessels, four which were the firm newbuild commitments under construction at the Hyundai Mipo yard in Korea. The two companies also announced a new order [...]

On 25th June, LLOG Exploration announced the agreement for EXMAR to assist in the design of a new production semisubmersible hull for installation in the Gulf of Mexico in 2014. The design was to be based on EXMAR’s proprietary OPTI® series of hulls, with EXMAR providing the OPTI® design package, engineering services, project management and construction supervision for the hull. [...]

On 28th March 2012, Pacific Rubiales Energy Corporation of Columbia (PRE) signed an agreement requiring EXMAR to build, operate and maintain a Floating Liquefaction (FLNG) to be located on the Colombian Caribbean coast. In collaboration with its partner Black & Veatch, the Floating Liquefaction unit would be constructed at the Wison Offshore and Marine Ltd yard in Nantong, China. The [...]

Delivery and installation of the first Opti® design based FPU (Floating Production Unit) “OPTI-EX” to LLOG in the Gulf of Mexico, USA. Since then, 4 units delivered.

EXMAR committed its resources to expanding its presence in the LPG midsize market where it already had over three decades of experience. In July 2011 it agreed a swap with BW Gas of two of its Very Large Gas Carriers FLANDERS LIBERTY and FLANDERS LOYALTY with their entire midsize fleet. This transaction resulted in the acquisition of four vessels, renamed [...]

On 31st August 2010, LLOG Exploration of Covington, Louisiana signed a contract for the purchase of EXMAR's first OPTI-EX™ Floating Production System (FPS). The contract specified for EXMAR to perform engineering services to prepare the unit for deployment at the Who Dat! field in Mississippi Canyon 547 field at a depth of 3,200 feet in the Gulf of Mexico in [...]

With the delivery in 2009 - 2010 of four new LNG regasification vessels (151.000 m3), ten fully-pressurised LPG vessels (3,500m3- 5,000m3), the first OPTI-EX™Floating Production System and one accommodation barge, EXMAR increased its capital by €100 million with a stock market rights issue in December 2009. During this period the company commited to long term relationships with its main partners, [...]

EXMAR Offshore successfully the first ever OPTI-EX™ Hull for its deepwater floating production system at the Samsung Heavy Industries yard in Korea. The project team supervised its transportation and delivery to the coastal offshore facility at Ingleside, Texas where the topside production facilities were being fabricated and where integration of the hull subsequently took place in mid 2009. EXMAR also [...]

EXMAR enters into alliance with Black & Veatch Corporation of the United States to co-develop a floating liquefaction unit

The move to terminate the joint VLGC and midsize pools with BW Gas in September 2008 prepared the way for EXMAR to further grow its share of the global mid-size segment. The arrival of the first pressurised vessel MAGDALENA (3,500m3) in the series of 10 vessels ordered also marked the company's further expansion into coastal LPG and petrochemical gas trading [...]

2008 marked the delivery of EXPLORER, the first of a series of five 150,900m3 LNG regasification vessels. The vessel was time chartered to Excelerate Energy for 25 years. EXCELSIOR commenced regasification operations in June at the Bahia Blanca Gasport® in Argentina, with a subsequent first ship-to-ship transfer at the location by LNGRV EXCELERATE. Meanwhile Excelerate Energy's Northeast Gateway Energy Bridge™ [...]

EXMAR further expanded its presence in the world's LPG fleet by agreeing with Hong Kong-based Wah Kwong to participate as an equal partner in six pressurised gas tankers of 3500- 5000m3 that were built and delivered by Yamanishi Corporation of Japan . With the delivery of the 3500m3 MAGDALENA in 2008 and further deliveries of sister vessels such as JOAN, [...]

EXMAR worked with its partners to conceive and design a flexible hawser system to permit the flexible ship-to-ship transfer of LNG. A conventional LNG carrier moors alongside the LNG Regasification vessel and transfers its cargo to the LNGRV via flexible cryogenic hoses. The STS (Ship-to-Ship) transfer occurs in the open ocean, in a protected body of water at a location [...]

2006 Libramont design38,000m3 DSME, South-Korea

Following the delivery of the world's first floating regasification vessel EXCELSIOR and its first successful discharge in the Gulf of Mexico, EXMAR embarked on an ambitious expansion of its LNG regasification vessel fleet. With the delivery and successful entry into operation of the EXCELSIOR, EXMAR laid out expansion plans for its regasification operations in collaboration with Excelerate Energy. With further long term charter commitments [...]

Delivery of world’s first » FSRU “Excelsior” Build up a fleet of 8 FSRUs

EXMAR makes an important move in the LNG market, entering into an agreement with the newly-formed company Excelerate Energy of the US to co-develop LNG vessels capable of regasification at sea. The turmoil in the US Energy market at the end of 2001 following the events of September 11th and the collapse of the energy giant Enron, the exit by EXMAR's [...]

Delivery of FPSO “Farwah” Total Libya EXMAR took a big step forward in its offshore activities when two of its own units became operational - the FPSO FARWAH (50% ownership at the time) and the recently refurbished offshore accommodation barge KISSAMA. FPSO FARWAH was delivered by Izar Fene on April 4th with the unit being accepted in May by the charterer Compagnie des [...]

In June 2003, EXMAR NV was created, its shares were listed on the Euronext Brussels stock exchange and the company began trading as an independent company. Nicolas Saverys was appointed as Chief Executive Officer. This followed the announcement of the partial demerger of CMB NV into CMB nv and EXMAR NV in which all gas and offshore activities were transferred [...]

Delivery of 138,000 m3 LNGC “Excalibur”

3rd and 4th generation LPG/NH3 Midsize Carriers 1990 Sombeke design33,600m3 Boelwerf, Belgium 1995 Eeklo design37,900m3 Kawasaki, Japan The 1990s and new Millenium- EXMAR grows its fleet and diversifies into LNG and Offshore activities At the beginning of the 1990s, EXMAR became a subsidiary of the publicly-quoted Compagnie Maritime Belge, entered LNG and Offshore markets for the first time and grew [...]

Building and delivery of semi-submersible drilling rig Yatzy built at Boelwerf /Cockerill.EXMAR purchases Zapata Offshore in 1991, selling its offshore drilling rigs. Establishment of EXMAR Offshore Company in Houston, Texas, USA in 1995.

Start of LPG/NH3 activities First NH3 Carrier 24,000 m3 Start of midsize fleet

EXMAR grows in LPG, NH3 and ethylene segments by ordering four midsize vessels, and entering into joint ventures which include VLGCs and ethylene/chemical gas carriers 1984 Tielrode design25,000m3 Boelwerf, Belgium 1990 Chaconia design28,000m3 Boelwerf, Belgium The 1980s - the emergence of EXMAR's LPG fleet The 1980s saw EXMAR expand its gas carrier activities in LPG, ammonia and ethylene segments as [...]

Shipbuilding activity expands under Georges Van Damme, with world’s largest LNG carrier Methania (1978) and the yard’s first LPG vessel Coral Temse (1981) The postwar years : the golden age of shipbuilding at Boelwerf and the delivery of EXMAR's first gas carrier Under the guidance of Georges Van Damme, the postwar period saw the rapid expansion of the Boelwerf yard, [...]

Boelwerf shipyard is founded by Bernard Boel on river Scheldt near Antwerp The 1800s and 1900s - the seeds of EXMAR are sewn along the banks of the River Scheldt EXMAR's origins emanate from the banks of the river Scheldt, with the emergence of a humble yard for building wooden river craft in 1829 into a major industrial wharf which [...]