This publication looks at the construction of an FSRU and therefore its operations and contractual arrangements as compared with traditional LNG tankers and how that affects P&I cover.

As decarbonization increases, so does the popularity of LNG as fuel. Those already in the market may need to increase capacity quickly, and small or new players in the dynamic gas to power market will also want flexibility with relatively low risk. Floating Storage Regasification Units, or ‘FSRUs’ have been developed to respond to these needs.

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