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| Exmar | |
|---|---|
| Name | Exmar |
| Type | Private |
| Industry | Shipping |
| Founded | 1965 |
| Founder | Marc Saverys |
| Headquarters | Antwerp, Belgium |
| Area served | Global |
| Products | LNG carriers, LPG carriers, FLNG, FSRU |
Exmar is a Belgian shipping company specializing in liquefied gas transportation, floating gas infrastructure, and maritime energy services. The firm operates internationally with assets and projects across ports, offshore fields, and trading hubs. It has participated in contracts with major energy companies and contributed to global gas supply chains.
Founded in the 1960s during a period of expansion in maritime trade, the company developed amid trends set by firms such as Shell plc, BP, TotalEnergies, Royal Dutch Shell, and Chevron Corporation. Early decades saw interaction with shipping families and brokers linked to Antwerp and Rotterdam maritime clusters alongside shipyards like Stocznia Gdańsk and Daewoo Shipbuilding & Marine Engineering. During the 1980s and 1990s the company expanded through charters and time‑charters with charterers including Gazprom, ENI, Petrobras, QatarEnergy, and Equinor. Strategic decisions were influenced by events such as the development of the North Sea gas fields, the construction of the Suez Canal transit routes, and regulatory shifts from institutions like the International Maritime Organization and European Commission. In the 2000s and 2010s the firm moved into floating storage and regasification with projects alongside contractors such as TechnipFMC, Saipem, Hyundai Heavy Industries, and Samsung Heavy Industries.
The company operates a mixed fleet of liquefied petroleum gas and liquefied natural gas vessels, including pressurized LPG carriers, semi‑refrigerated LPG tankers, membrane LNG carriers, and floating gas units. Ships were built at yards such as Daewoo Shipbuilding & Marine Engineering, Samsung Heavy Industries, Hudong‑Zhonghua Shipbuilding, and STX Shipbuilding. The fleet interfaces with classification societies like Lloyd's Register, Bureau Veritas, Det Norske Veritas, and American Bureau of Shipping. Crewing and manning have involved seafarers from Philippines, India, Ukraine, Greece, and Croatia, and technical management practices align with standards from International Organization for Standardization and International Chamber of Shipping.
Services include time‑charter, voyage‑charter, spot market trading, floating storage and regasification unit (FSRU) operations, and floating liquefied natural gas (FLNG) support. The company has provided maritime solutions to LNG buyers and sellers in markets such as Japan, South Korea, China, Spain, and United Kingdom and to project developers including ExxonMobil, Shell plc, TotalEnergies, and Repsol. Operational interfaces extend to terminal operators like Gate Terminal, Ras Laffan Port, Rotterdam Maasvlakte, and Zeebrugge and to pipeline operators including Nord Stream and Nigerian Liquefied Natural Gas Limited.
The corporate ownership has been linked to prominent Belgian shipping families and holding companies intersecting with entities such as CMB Group, Saverys family, Katoen Natie, and other investors in Antwerp financial circles including Belfius and KBC Group. Board and executive decisions have interacted with advisory and legal firms from Brussels and London and have been influenced by corporate governance principles in line with lists such as Euronext Brussels requirements and instruments from the International Finance Corporation.
Fleet safety management follows conventions promulgated by the International Maritime Organization including the International Safety Management Code and collision regulations under SOLAS. The company has reported and managed incidents consistent with typical shipping industry risks: navigation incidents near congested waterways like Strait of Hormuz and Malacca Strait, mooring events at terminals in Zeebrugge and Rotterdam, and technical incidents requiring classification society intervention from Lloyd's Register and Bureau Veritas. Responses have involved emergency services coordinated with port authorities such as Antwerp Port Authority and national maritime administrations of Belgium and flag states registered under registries akin to Liberia and Panama.
Environmental compliance aligns with standards from the International Maritime Organization including measures under the MARPOL Convention and sulfur limits set by the IMO 2020 rule. The company has engaged in ballast water management in accordance with the Ballast Water Management Convention and has cooperated with European regulatory bodies such as the European Commission and national agencies in Belgium and Netherlands. Emissions reduction strategies reference technologies developed by manufacturers including MAN Energy Solutions, Wärtsilä, GE Marine, and scrubber suppliers, and have been discussed in forums alongside stakeholders like UNFCCC and IEA.
Notable engagements include FSRU and FLNG charters and project developments with energy majors and national oil companies such as QatarEnergy, Petrobras, CNOOC, Pertamina, NIOC, Repsol, and ENI. Contracts have interfaced with engineering contractors and yards like TechnipFMC, Saipem, Hyundai Heavy Industries, and Samsung Heavy Industries and have been tied to regasification projects serving markets in Spain, Greece, Turkey, Pakistan, and Lebanon. The firm has participated in tendering processes alongside competitors such as Mitsui O.S.K. Lines, NYK Line, Kawasaki Heavy Industries, and Golar LNG.
Category:Shipping companies of Belgium