Singapore LNG, the state-owned operator of the country’s first LNG import terminal on Jurong Island, announced the steel-cutting ceremony for the 204,000-cbm FSRU (Hull No. 2597) in a statement on Friday.
“The ceremony marks a significant project milestone, as it initiates the development of a strategic infrastructure asset to strengthen Singapore’s energy security and support the nation’s increasing energy needs,” SLNG said.
Last year, SLNG signed a deal with Japan’s MOL to charter the 200,000-cbm FSRU for Singapore’s second LNG terminal.
LNG Prime reported on October 2, 2025, that MOL and Singapore LNG were behind an order for one 200,000-cbm FSRU at Hanwha Ocean.
Moreover, the contract is worth about $413 million, the highest price ever for a single FSRU.
Hanwha Ocean will deliver the FSRU by October 2027.
The FSRU will be moored at Jurong Port and connected to the gas network in 2030, under the management of MOL.
No need for dry docking
To meet SLNG’s operational requirements, the FSRU has been designed and engineered to operate for up to a 25-year charter period without the need for dry docking, which is a first for FSRUs worldwide, according to SLNG.
To achieve this, the ship has adopted several American Bureau of Shipping (ABS) ‘SMART’ Class notations that leverage digital technologies to enhance operational efficiency, enable predictive maintenance, and strengthen safety assurance.
Coupled with dedicated onboard maintenance spaces and purpose-built clearances within the vessel’s design, critical systems servicing can be carried out in situ, ensuring compliance and maintaining peak performance without entering a shipyard, SLNG said.
The FSRU will have a regasification capacity of 5 million tonnes per annum (mtpa).
SLNG said this regasification capacity is sufficient to power roughly 6 million 4-room HDB flats for an entire year.
When completed, the FSRU will measure some 299m in length, which is about the length of three football fields, while spanning 51m in width and rising 55m in height.
It will have living quarters that can accommodate up to 45 ship crew personnel, and include facilities for meeting, medical, and recreational use.
SLNG added that the FSRU is on track to enter into service by the end of the decade.
