Two shipowners shortlisted for Poland's first FSRU newbuilding - TradeWinds
Two shipowners shortlisted for Poland’s first FSRU newbuilding | TradeWinds
Poland gas transmission operator Gaz-System has shortlisted two shipowners to build the country’s first floating storage and regasification unit.
Sources following the tender process closely told TradeWinds that BW LNG and Mitsui OSK Lines are left battling it out for the business.
They said their selection to move forward in the process means that earlier bidders, including experienced floating regas names like Excelerate Energy, Hoegh LNG and Exmar working in partnership with Hanwha Ocean and would-be FSRU entrant Knutsen LNG, have not made it through to the final round.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”