FSRU Archives | Be Korea-savvy

Nikkiso Cryo Pump Technology Part of Excelerate Energy’s Record Breaking FSRU Send-Out Capacity

TEMECULA, Calif., Nov. 4 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to be the primary pump supplier for Excelerate Energy’s floating storage and regasification units (FSRUs). Excelerate Energy’s Floating Storage & Regasification Unit (FSRU “Experience”) recently reached an industry record-breaking [...]

Outlook for South Korean Shipbuilders Turns Positive as Demand for LNG Carriers Expected to Increase

SEOUL, Oct. 16 (Korea Bizwire) – Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries, the top shipbuilders in the country, are struggling from lack of work caused by falling demand for new vessels. According to recent industry data, however, that could change in the not-too-distant future thanks to a projected rise [...]