Singapore secures LNG FSRU for natural gas supply

The vessel is designed for 25 years of continuous regasification.

Singapore LNG Corporation—a state-owned city gas company—will charter a liquefied natural gas floating storage and regasification unit (LNG FSRU), which will supply natural gas to Singapore, according to Hanwha Ocean.

The latest vessel is designed for continuous regasification for 25 years, which Hanwha Ocean described as a “world first.”

“Commercial vessels generally undergo maintenance during dry-docking and classification surveys held approximately every five years, allowing work that cannot be performed at sea to be completed,” it said. “Building a vessel that can operate without such maintenance is a world first.”

This comes as the South Korean shipbuilder launched an LNG FSRU ordered in 2024 from Japan’s Mitsui O.S.K. Lines (MOL). Hanwha Ocean has built 12 LNG FSRUs.

Hanwha Ocean incorporated redundant equipment and durable coatings, and conducted dozens of risk assessments. It also expanded 3D model reviews from the engine room to the entire vessel to further enhance quality.

“Hanwha Ocean's professionalism in delivering a highly sophisticated vessel that pushed past conventional limits was truly impressive, and I extend my sincere appreciation to the entire team,” a site manager from MOL said.