LNG

Exmar, the Belgian shipping company with a fleet of more than 40 gas carriers and floating terminal expertise and assets, posted strong first-quarter 2024 earnings helped by the performance of LNG assets in the Netherlands and Africa as Exmar also worked on other FLNG ventures.

Exmar, the Belgian shipping and projects company with more than 40 vessels in its fleet and now mostly focused on the liquefied petroleum gas business and LNG shipment management, said the Bank of China had finally released financing for the “Tango FLNG” production barge deployed in Argentina while the vessel itself was earning income as it liquefied shale gas from the Vaca Meurta Basin.