EXMAR

EXMAR

Creating economically viable solutions for the energy supply chain

E X M A R

Leadership through

Innovation EXMAR’s mission is to serve its customers with innovative solutions in the field of offshore extraction, transformation, production, storage and transportation, by sea, via liquefied natural gases, petrochemical gases and liquid hydrocarbons Writer: Phoebe Calver | Project Manager: Josh Hyland

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n an ever-changing world, EXMAR strongly believes that energy value chains require dynamic and innovative thinking to safeguard continuity in the exploration, processing, transport and supply of energy. This means offering its partners competitive stateof-the-art solutions. EXMAR sees progress along these energy value chains over time as a combination of creative ideas with solutions that are safe, efficient, feasible and sustainable.

EXMAR designs, builds, certifies, owns, leases and operates specialised, floating maritime infrastructure for this purpose. It aims for the highest

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standards in commercial, technical, quality assurance and administrative management of these assets.

The roots of EXMAR lie in the Boelwerf shipyard that was established in Temse, Belgium back in 1829. The Company’s evolution from that point onwards has been epitomised by innovations in the design of specialised vessels and floating terminals that facilitate and add value to the global energy supply chain.

At the beginning of the 1990s, EXMAR became a subsidiary of the publicly-quoted Compagnie Maritime Belge, entering LNG and offshore markets for the first time and growing its LPG midsize fleet to 23 vessels, as well as expanding its participation in both semi-pressurised and Very Large Gas Carrier (VLGC) markets with chartered tonnage and newbuilds.

EME The company, EXMAR NV, was publicly listed as a separate entity on the Euronext Exchange in 2003 with Chief Executive Officer, Nicolas Saverys at the helm. Since then EXMAR has evolved from being a transporter into a transformer of energy with numerous industry firsts in innovation. These include the world’s first regasification operation at sea (2005) and the world’s first commercial shipto-ship transfer of LNG at sea (2007).

By its very nature, the Company operates globally due to the trading requirements of vessel charterers. Historically EXMAR’s base has always been in Europe, with Belgium as its headquarters.

However, the Company has been present for decades in Houston, North America with the subsidiary EXMAR Offshore Company as well as in the Far East with the Hong Kong Office and now representation with its office in Shanghai.

Main Company activities

Liquefied Petroleum Gas (LPG): EXMAR LPG is a leading ship owner and operator in the transportation of liquefied gas products such as Liquid Petroleum Gas (LPG, butane, propane and a mixture of both), anhydrous ammonia and petrochemical gases.

Nicolas Saverys, CEO

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E X M A R

SWIFT MARINE

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wift Marine is a dynamic company dedicated to the complex world of marine logistics with more than 80 employees.

The people within Swift Marine share decades of experience within the shipping industry and ecommerce marine solutions and have indepth global knowledge of custom procedures, arranging the last mile from port to vessel worldwide.

The Company is able to meet and adjust to the market demands, offering efficiency, competitiveness and high level of service, with the ultimate aim of becoming one of the leading companies in its field.

T +45 8851 0422 E nfo@swiftmarine.eu

www.swiftmarine.eu It owns one of the world’s largest midsize LPG fleets which plays a vital role in the worldwide seaborne transportation of petrochemicals.

EXMAR has been able to partner with oil and gas majors, as well as with the world’s largest gas shippers and traders thanks to close partnerships with blue chip customers that focus on mid-longterm charter agreements.

Unrivalled experience is applied to the management of a total of 11 FSRUs belonging to three different owners, and involvement in crew managing an operational LNG bunkering vessel.

Offshore:

EXMAR Offshore is dedicated to the ownership and leasing of offshore assets and providing floating solutions to the production, drilling, Liquefied Natural Gas (LNG): and accommodations market. This includes operating a variety of EXMAR is a leading player in offshore assets for both the EXMAR LNG shipping, regasification and liquefaction, having pioneered the Group and external client owners. ship-to-ship transfer of LNG at sea as EXMAR’s office in Houston specialises well as on-board regasification of LNG in the design and development of floating production systems as well as to feed onshore energy grids. EXMAR engineering services related to marine has now successfully designed and built two unique, barge-based floating vessels, ships and offshore units.

LNG terminals which will be used for It developed the uniquely scalable the import and export of natural gas.

OPTI® semi-submersible hull design for deployment on both OPTI®EX and Since 2005, EXMAR has retained its world-leading status in the handling, DELTAHOUSE Full Productions Systems operations and management of deployed in the Gulf of Mexico which complex terminals such as FSRU vessels. has proven economic benefits in the

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T. +45 8851 0422 | F. 24/7 +45 2830 5790 E. info@swiftmarine.eu | www.swiftmarine.eu

Transparency, Simplicity & Efficiency Swift Marine saves you time and minimizes your discrepancies by always offering you a clear and simple cost advice for every single move from door supplier to vessel’s deck.

We don’t create waves we create solutions

Growing Together in a SWIFT Logistics Partnership Exmar Ship Management (ESM) moves thousands of shipments of spare parts and supplies to both its fleet at sea as well as marine infrastructure, often located on shore at remote berths in developing countries.

After a trial involving several vessels and two purchasers during several months, ESM signed with Swift Marine in early 2018 for the provision of door to door logistics, clearance and warehousing services globally. Now it is rolling out Swifts online Navigator tracking and ondemand pricing and delivery system to all purchasers of the vessel-based fleet.

“As proven specialists of providing supply chain solutions by land sea and air of marine components and parts as well as supplies, we are consolidating our entire logistics activity with one point of entry at Swift Marine. This has really made the difference service-wise compared with other larger players.

We have chosen a company that is growing its activity with us and has demonstrated an ability to listen to

our needs and learn from mistakes together. They have also adapted their Navigator system so we can now optimize port calls better and create savings for our ship-owning clients through better stock and order visibility. This also allows our purchasers to focus on their core activity of getting best value from procurement rather than worrying about the logistics side”, comments ESM Logistics Manager, Dave Ariën.

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field. In general, EXMAR is one of the most important midsize vessel shipping company, with a fleet of 20 playing an important role in the global petrochemical industry.

Supporting Services: In addition to its core business activities, EXMAR has business interests in a variety of companies in the fields of ship management, specialized travel, offshore consultancy and supplies to the marine and offshore industry.

Innovative ability

The combination of engineers, naval architects, officers on board and technical staff on shore are constantly challenging convention and anticipating customer needs.

EXMAR continues to demonstrate its ability to deliver innovations to the energy supply chain which improve efficiency, bringing forth a healthy return on investment and which create

new market opportunities for our customers and long-term partners.

The approach towards long-term partnerships in the LPG sector through mid and long-term charter agreements with first class customers has already been alluded to.

With LNG and offshore, business partnerships with customers have spanned years or even decades which has allowed EXMAR to spearhead innovations in the oil and gas industry.

Two such relationships include the decades-long partnership with Excelerate Energy, with whom EXMAR jointly developed ship-to-ship LNG transfers at sea, on-board regasification and other major innovations which have enabled the import of gas into locations with the absence of landside terminal infrastructure.

The other is with LLOG Exploration, a private oil exploration company which partnered with EXMAR and others to commission and own/

operate the OPTIÂŽEX FPS system successfully before replicating the design to a much larger DELTAHOUSE FPS some years later.

The most recent development has been the announcement that EXMAR has executed a fully effective 10-year charter with Gunvor, for the provision of its FSRU (floating Storage and Regasification Unit) barge and related services in Bangladesh.

The EXMAR FSRU barge is currently at Keppel Shipyard undergoing site specific modifications after having been delivered from Wison Offshore and Marine in December 2017. The FSRU barge is expected to arrive in Bangladesh in the fourth quarter of this year and start operations after its full commissioning.

Increasing globalisation

Following an agreement reached with Statoil ASA (now known as Equinor) to commit to a long-term Exmar is making strategic investments for the future

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charter agreement, EXMAR will now invest in two environmentally-friendly newbuild 79,500m3 very large gas carriers powered by LPG. These will be delivered by 2020 and will be compliant with the most stringent NOx and SOx emission regulations.

With the increasing globalisation and internationalisation of EXMAR’s business, the Company has undergone rapid change to attract, develop and keep highly-talented people from all over the world.

At the EXMAR Group Headquarters located in Antwerp there are now over 17 nationalities working at the Company’s various subsidiaries.

Comparing the Headquarters staff by age group, there is an even spread between the ages of 20 and 60 years of age. This ensures continuity in terms of knowledge capital and creates project teams with a proper mix of younger and more experienced staff members, while also having virtual parity between male and female employees at headquarters, which is somewhat unique for the industry.

To further nurture and develop talent onshore, EXMAR sponsors

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Spearheading innovations

its personnel to take academic courses, including Master Degrees in Engineering, Business Administration and Information Management.

This forms part of the continuous improvement programme for its staff.

Senior EXMAR personnel regularly lecture at Maritime Academies, Universities and other education establishments. Young engineers and cadets serve on board EXMAR vessels or complete internships at EXMAR’s offices around the globe. EXMAR Ship Management has developed long-term partnerships with Mapua school and PHILCAMSAT training centre in the Philippines, as well as the Caribbean Maritime Institute in Kingston, Jamaica

and regularly recruits new talent from these institutions to its growing fleet.

Nicolas Saverys, Chief Executive Officer states on the EXMAR website: “EXMAR operates in a constantly changing world, with highly fluctuating energy prices, changing geopolitics, economic turmoil in many countries and international security threats on land and sea. It takes continuous improvement, creative thinking, being opportunistic at the right time and above all a strong belief in the future to stay on top of all this.

“It has always been in EXMAR’s DNA to be the first mover to adapt to changing situations, and to determine its own course.”

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EXMAR NV De Gerlachekaai 20 2000 Antwerp, Belgium Tel: +32 3 247 5611 info@exmar.be

www.exmar.com

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