Höegh LNG Takes Delivery Of Ninth FSRU "Höegh Gannet"

Höegh LNG Holdings Ltd. (Höegh LNG) took delivery of Höegh Gannet, its ninth floating storage and regasification unit (FSRU). Höegh Gannet has a regasification capacity of 1 Bcf per day and storage capacity of 170 000 cbm of LNG, combined making it the largest FSRU built by capacity.

LNG-FSRU_HHI_Hoegh — Representation Image – Credits: english.hhi.co.kr

The unit has been constructed by Hyundai Heavy Industries in South Korea and is equipped with a reinforced GTT Mark III membrane containment system and dual-fuel diesel-electric (DFDE) propulsion.

Höegh Gannet is part of HLNG’s ongoing tender processes for FSRU projects with scheduled start-up in the 2019-21 period. For the interim period between delivery and start-up under a long-term contract, it will serve an LNGC charter with Naturgy, which starts immediately after the positioning voyage from the shipyard.

This interim contract runs for 15 months, under which Höegh Gannet will earn a fixed day rate in line with the historical medium term LNGC market.

Reference: hoeghlng.com