Gunvor terminates Exmar FSRU charter

Commodity trading giant Gunvor has terminated the charter for Exmar’s 2017-built floating regasification barge (FSRU) which is the subject of ongoing arbitration proceedings. As a result of early termination, the Belgian owner and operator has received a termination fee equal to two years hire. Exmar said it will start marketing the Liberian-flagged FSRU for re-employment …

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