Construction of Singapore’s first floating storage and regasification unit (FSRU) has reached a key stage, with keel laying completed seven months after work on the vessel began.

Singapore LNG Corporation announced the milestone through its social media channels, describing it as the formal start of assembling the vessel’s modular sections.

The company said construction is progressing on schedule and acknowledged the project teams involved, including owner Mitsui OSK Lines and South Korean shipbuilder Hanwha Ocean.

The FSRU is scheduled for delivery in 2027 and will operate under a 25-year charter agreement between Mitsui OSK Lines and Singapore LNG Corporation.

Designed with a storage capacity of 204,000 m³ of LNG, the vessel will be stationed at Jurong Port and linked to Singapore’s gas network from 2030. The project is intended to strengthen the country’s LNG import infrastructure.

Singapore LNG has contracted regasification capacity of 5 million tonnes per annum at the floating facility. According to the company, this will raise Singapore’s LNG import capacity by around 50% compared with the existing onshore terminal.

When completed, the vessel will measure approximately 299 m in length, 51 m in width and 55 m in height. Accommodation facilities onboard will support up to 45 crew members and include meeting, medical and recreational spaces.

The steel-cutting ceremony for the project was held in October 2025.

Hanwha Ocean said it has delivered 23% of the global LNG carrier fleet and completed its 200th LNG carrier.

In September, the shipbuilder selected ABB to provide electrical and propulsion-related systems for the FSRU. The contract includes medium-voltage generators, 6.6-kV switchboards for cargo handling and regasification systems, propulsion motors, transformers and drive systems. ABB’s scope also covers remote diagnostics, condition monitoring and enhanced power protection technology.