Two new LNG vessels to transport ExxonMobil cargoes

Two new LNG vessels to transport ExxonMobil cargoes

Two new LNG ships to transport ExxonMobil cargoes

As ExxonMobil expands our ability to meet global natural gas needs, high-quality marine transportation buoys this growth. LNG vessels are central to the value chain, transiting the world’s waterways to deliver their cargoes to rapidly increasing LNG import destinations.

In October, SeaRiver Maritime, a wholly owned subsidiary of ExxonMobil, signed agreements with MISC Berhad to transport ExxonMobil’s LNG volumes on two new ships that will be built by Samsung Heavy Industries with expected delivery in early 2023. The ships will be owned by MISC, a Malaysian shipping group, and operated by Eaglestar, a MISC-owned company.

The vessels will feature advanced safety, containment and propulsion technologies to efficiently transport natural gas production from ExxonMobil’s global portfolio. These “smart” LNG shipping technologies, coupled with ExxonMobil’s innovative approach to marketing, are key elements for success in this dynamic industry.

ExxonMobil Vice President of Global LNG Marketing Alex Volkov said, “The addition of the two vessels will help us further strengthen our competitive position in the LNG marketplace as we continue to grow our global gas portfolio and expand supply sources to meet the evolving needs of our customers. ExxonMobil’s unique and global presence provides flexibility to deliver natural gas to the world’s growing population, fueling economic growth while reducing impacts on the environment.”

Signing LNG shipping agreements in Houston: SeaRiver Vice President of Commercial & Planning Doug Grote, seated left, MISC Vice President of LNG Business Zahid Osman, and Samsung Heavy Industries Vice President Sales & Marketing Helen Park, with teams from the respective companies.