Belgium’s Exmar has secured a long-term charter for a floating storage and regasification unit that was at the centre of arbitration with trader Gunvor.

The 25,000-cbm FSRU S188 (built 2017) has been fixed to Dutch energy infrastructure company Gasunie LNG Holdings for five years.

Gasunie will use the unit as a floating LNG import terminal at Eemshaven in the Netherlands, “in view of the geopolitical developments currently going on in Europe and the increased emphasis of governments on the security of energy supply”, Exmar said.