Shipowner GasLog has made a break into the floating storage unit (FSU) sector by securing a long-term charter for one of its tri-fuel diesel-electric vessels to serve a gas-fired power project in Panama.
The company said one of its subsidiaries has signed a 10-year time charter with Sinolam LNG Terminal for an FSU that will receive, store and send out LNG to a gas-fired power plant currently being developed near Colon by Sinolam Smarter Energy LNG Power Co, a subsidiary of private Chinese investment group Shanghai Gorgeous Investment Development Co.
