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Europe Tankers and Gas Belgium

Gunvor compensates Exmar for FSRU termination

Trading giant pays fee equivalent to two years’ hire of the floating storage regasification unit, which was originally contracted for work in Bangladesh

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Gunvor and Exmar were locked in arbitration proceedings regarding a ten-year FSRU charter after a project in Bangladesh came to naught

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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