EXMAR benefits from LNG investments
Belgian gas carrier owner and operator, EXMAR’s 2025 result was characterised by strong cash generation across its various business units.
EXMAR’s fleet has experienced no immediate operational impact resulting from the geopolitical tensions in the Middle East and the closure of the Strait of Hormuz, thus far, the company said.
Its LNG infrastructure EBITDA reflected long-term contracts, as well as the strong performance of the engineering affiliate EOC, while the full year operating result is supported by the reversal of a warranty provision related to the EPC contract for the Congo’s Marine XII project.
An ever-increasing need for reliable and affordable energy is on top of the list of objectives and actions of governments. With ongoing geopolitical escalations, energy diversification at an affordable price is key, the company said in its results presentation.
As natural gas will remain a dominant source of energy in the years to come, the continued need for flexible and innovative floating infrastructure remains strong, the company added.
In the LNG infrastructure business sector, ‘Eemshaven LNG’, the 600 mill cu ft per day regasification barge, has been operating for 3.5 years as an LNG import facility in Eemshaven, and achieved 100% uptime during 2025.
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