Seatrium Secures Favoured Customer Contract for LNG Carrier Repairs & Upgrades with TMS Cardiff Gas, Greece

  Feb. 2, 2024, 09:34 A

Singapore - February 2, 2024  &mdash  

Seatrium Limited (Seatrium, or the Group) has successfully secured a Favoured Customer Contract (FCC) with TMS Cardiff Gas for the repairs and upgrades of its Liquefied Natural Gas (LNG) carriers. The contract includes the refit of 17 LNG carriers in Singapore, with responsibilities in joint planning, information and experience sharing. 

The two companies will jointly work towards achieving sustainable targets in the areas of Quality, Health, Safety and Environment (QHSE), cost efficiency and timely deliveries, which are key indicators of high-quality LNG refit maintenance.

Mr Alexandros Politis-Kalenteris, Deputy Chief Operating Officer, TMS Cardiff Gas, said, &ldquo The selection of Seatrium as our partner in Singapore aligns with our strategy to grow our LNG business in Asia. We have worked successfully with Seatrium on three LNG refits and we see Seatrium as the right long-term partner who understands the stringent requirements of our company. Moreover, Seatrium boosts a very strong track record in the specialised field of LNG carrier repairs and upgrades. We are confident that this newly forged partnership will benefit both organisations in the planning and execution of our dry-docking work in a safe, timely and cost-effective way.&rdquo