Seatrium With Gaslog And Shell Renewed Partnership In LNG 

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  • Seatrium renews its long-term FCC with GasLog and Shell.
  • The contract entails providing ship repairs, refurbishment, and upgrading services.
  • The partnership aims to achieve sustainable targets in health, safety, and environment.

Seatrium, based in Singapore, renews its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) until 2029, with further renewal options, reports Marine Link.

Collaborative Partnership

The contract signifies a collaborative partnership between Seatrium and these two leading maritime companies, with a longstanding history of collaboration.

Scope of Contract

The contract entails providing ship repairs, refurbishment, and upgrading services for the combined fleet of 43 LNG carriers owned by GasLog LNG Services and STASCO in Southeast Asia.

Subsidiary Involvement

Seatrium Repairs and Upgrades, a wholly-owned subsidiary of Seatrium, will oversee the execution of the contract.

Shared Objectives

The partnership aims to achieve sustainable targets in health, safety, and environment (HSE), quality, cost efficiency, and timely deliveries through joint planning, information, and experience sharing.

Client Testimonial

Kostas Karathanos, Chief Operating Officer of GasLog LNG Services, acknowledges Seatrium’s competitive offerings and quality services, highlighting the strategic alignment with their cost optimization goals.

Seatrium’s Response

Alvin Gan, Executive Vice President of Repairs and Upgrades at Seatrium, expresses honor and delight at the renewal, emphasizing the enhancement of Seatrium’s capabilities as a world-class shipyard group through partnerships with renowned vessel owners.

Seatrium’s Expertise

Seatrium is recognized as the global leader in the repairs, upgrades, and conversion of LNG carriers, boasting an extensive track record including 11 FSRU conversions since 2007 and the conversion of the world’s first FLNG, Golar Hill, in 2017.

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Source: Marine Link