LogIn LogOut

WSM to Manage FSRU for Pardus Energy

January 23, 2019

Pardus Energy's FSRU Turquoise will be fully managed by WSM. Image: Wilhelmsen Ship Management
Pardus Energy's FSRU Turquoise will be fully managed by WSM. Image: Wilhelmsen Ship Management

Wilhelmsen Ship Management (WSM) has entered into a management agreement with Ireland-based Pardus Energy for their new building Floating Storage and Regasification Unit (FSRU).

WSM, one of the world’s largest third-party ship manager with a portfolio of more than 450 vessels and 9200 active seafarers, will be providing ship management services for the new FSRU named “Turquoise”.

The FSRU is a 170,000 CBM gas processing vessel, built at Hyundai Heavy Industry, South Korea. The FSRU will be managed by Wilhelmsen Ship Management Malaysia.

“We are extremely excited to be selected as the manager for this FSRU. This win further solidifies our position in the gas market and we expect further growth driven by the positive sentiment in this segment," says Carl Schou, CEO and President of Wilhelmsen Ship Management.

“We are very pleased to select WSM as the technical manager for our first newbuild FSRU, “Turquoise” and look forward to working and developing a fruitful relationship with WSM in the years ahead,” says Tony Heffernan, Head of LNG and FSRU of Pardus Energy.

WSM has been managing gas vessels for 25 years and the contract is a testament to the high competence base built throughout the years.



Current News

Kuok in Compulsory Takeover of Remaining POSH Shares

Kuok in Compulsory Takeover of Remaining POSH Shares

Fugro Takes Part in Cambodia's First Oil Development

Fugro Takes Part in Cambodia's First Oil Development

Bumi Armada Might Appeal Woodside FPSO Case Ruling

Bumi Armada Might Appeal Woodside FPSO Case Ruling

OMV Hires Solstad PSV for New Zealand Campaign

OMV Hires Solstad PSV for New Zealand Campaign

Shearwater Scores More Seismic Work in India

Shearwater Scores More Seismic Work in India

Iran Goes Solo at South Pars Field as Total, CNPC Pull Out

Iran Goes Solo at South Pars Field as Total, CNPC Pull Out

Pacific Radiance Eyeing New Loan Source

Pacific Radiance Eyeing New Loan Source

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week