A ten-year Time Charter Party has been signed between global towage provider and part of Maersk, Svitzer and FGEN LNG Corporation (FGEN LNG), a wholly owned subsidiary of First Gen Corporation (First Gen).
The agreement is for Svitzer to provide FGEN LNG’s Interim Offshore LNG Terminal with towage and other vessel support services. The terminal will feature a Floating Storage and Regasification Unit (FSRU) that will be located in Batangas City, Philippines, at the First Gen Clean Energy Complex.
In order to assist the FSRU and LNG (liquefied natural gas) carriers, Svitzer will provide four new 75-tonne bollard pull tugboats. This will aid with multiple services including berthing, un-berthing, navigation assistance, as well as firefighting, pollution control, port and vessel security services, pilot and boarding party transfer, and fender management.
Nicolai Vinther Friis, Managing Director, Svitzer AMEA, said, “We are truly pleased that FGEN LNG has chosen Svitzer as a trusted partner and provider of towage services for the FGEN LNG terminal in Batangas Bay.”
“Our two companies share many of the same values and at Svitzer, we look forward to collaborating with FGREN LNG on ensuring the energy security of the Philippines and to be part of the country’s green transition.”
In order to further invest in local communities, Svitzer will hire 72 seafarers and five onshore staff, all local Filipinos, as well as provide training and professional development for members of the workforce.
Commenting on the collaboration, Jon Russell, Executive Vice President, Chief Commercial Officer, First Gen, said, “The provision of high-quality marine services will be vital to making the FGREN Project successful and our decision to select Svitzer came after a detailed evaluation of Svitzer’s technical capabilities and experience in this specialised activity as well as its commercial and contractual competitiveness.”
“We look forward to working closely with the Svitzer team on this exciting project that will enhance the energy security of the Philippines and play and important role in the transition to a decarbonised economy.”
With Svitzer taking its first steps to set up local operation, the project is scheduled to begin as early as Q3 2022.