Belgian shipping firm EXMAR Ship Management (EXMAR) and Anglo-Eastern Univan Group have established a joint venture (JV) to focus on liquefied natural gas (LNG) ship supervision for third-party owners.

Called AEX LNG Management, the new JV will operate from Singapore.

AEX LNG Management will utilise EXMAR’s expertise in the LNG space and Anglo-Eastern’s systems, resources and global reach to serve its clients in the LNG-carrier market.

EXMAR chairman Nicolas Saverys said: “I am sure that our vast LNG ship management expertise (since 1974) in combination with the global network of Anglo-Eastern will create exciting synergies that will change the third-party LNG ship management game.”

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The JV will provide a range of services, including new building planning and supervision, as well as ship management.

Using Anglo-Eastern’s network of maritime training centres and modern simulators, the JV will also offer crew recruitment and training services to its clients.

Anglo-Eastern executive chairman Peter Cremers said: “I look forward to combining EXMAR’s unique competencies in the LNG space with our crewing and training solutions in order to offer our customers a platform for LNG ship management that carries the same depth and strength as we have in our other tanker segments.”

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In August, CSSC Shipping signed an agreement with EXMAR for floating LNG storage and regasification unit acquisition and leaseback.

CSSC Shipping will buy the ship from EXMAR for $155m and lease it back for around $189.65m for a period of ten years.

In September 2018, EXMAR awarded a contract to Finnish marine technology firm Wartsila to supply an integrated cargo handling and fuel gas system for two of its very large gas carriers (VLGCs).