The Antwerp-based firm revealed this in its 2025 results report published on Thursday.
“Exmar Ship Management secured a milestone mandate with an undisclosed client to supervise the commissioning of an inland waterways LNG bunkering barge, alongside future management agreements for state-of-the-art seagoing LNG bunker vessels scheduled for delivery in 2027,” the company said.
Exmar did not provide any other details.
Based on the information, the client could be Belgian shipping firm Somtrans, which recently started using a new LNG bunkering vessel designed for inland waterways and estuary service along the Belgian coast up to Zeebrugge.
Somtrans, in partnership with RensenDriessen, has two 20,000-cbm seagoing LNG supply and bunkering vessels on order at China’s Nantong CIMC Sinopacific Offshore & Engineering, with delivery scheduled in 2027.
More deals
In addition to these agreements, operations and maintenance support will be provided for the new infrastructure projects in Colombia and the Netherlands, Exmar said.
On the liquefaction front, Exmar Ship Management has been selected by Cedar LNG to provide its marine and operational expertise for the FLNG unit called Megugu, on Canada’s west coast.
In June 2024, Pembina and the Haisla Nation took the final investment decision on the $4 billion LNG project.
The Haisla Nation has a 50.1 percent stake and Pembina owns 49.9 percent in the project, which includes the construction of a floating LNG facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa).
Tango FLNG
Italian energy firm Eni and Exmar are in arbitration over a performance bonus related to the operation of the Tango floating LNG facility, which serves Eni’s Congo LNG project.
Exmar confirmed in its half-year report last year that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.”
Back in 2022, Exmar sold the FLNG to Italy’s Eni for deployment in the Republic of Congo, also known as Congo-Brazzaville.
Besides buying Tango FLNG from Exmar, Eni also chartered the 2002-built Excalibur from Exmar to serve as a floating storage unit.
Exmar said at the time that the value of the deal was in the range of $572 to $694 million, depending on the actual performance of the Tango FLNG during the first six months on site.
Delivered in 2017, the FLNG has a storage capacity of 16,100 cbm and a liquefaction capacity of up to 0.6 million tons per year.
In February 2024, Eni shipped the first LNG cargo from the FLNG moored in Congolese waters.
“As the arbitration procedure is ongoing, no further information can be communicated at this stage,” Exmar said in the new report on Thursday.
According to the firm, the Tango FLNG facility produced 547,000 tons and the Congo LNG terminal loaded and exported 1.1 million cbm of LNG over the year 2025, demonstrating “strong continued operational performance.”
Exmar added that it continues to develop “several other floating liquefaction projects (ranging from 0.5 to 5 mtpa), floating regasification projects, and storage initiatives.”
