Exmar orders 4 Suezmax tankers 

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 22.Sep.2025, Words: 137) — Exmar NV placed an order for 4 newbuild Suezmax tankers, with an option to order 4 more.  The vessels will be built by Daehan Shipbuilding Co. Ltd., at their Mokpo shipyard, in South Korea.  RELATED: Exmar inks […]

Exmar warns current freight market remains challenging

HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 4.Sep.2025) — Exmar warned the current freight market remains challenging, with rate levels approximately 20% lower year-on-year.  Despite these market conditions, Exmar’s fleet continues to achieve high utilization, securing both short and long term charters with established key clients as well as […]

Exmar announces optional dividend results

ANTWERPEN, BELGIUM (By Exmar, 26.Aug.2025, Words: 362) — Exmar NV announced the results of the capital increase through the contribution in kind of dividend rights in the context of the optional dividend for the financial year 2024.  The extraordinary general meeting of Exmar held on 4 Aug. 2025 decided to […]

EAI brief: Exmar NV on optional dividend

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 4.Aug.2025, Words: 244) — Exmar NV said that at the extraordinary general meeting of the shareholders on 4 Aug. 2025 that a gross dividend of €4.07143 per share (net €2.85 after deduction of 30% withholding tax) was approved, represented by coupon […]

Exmar updates on final results of voluntary takeover bid by Saverex

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 18.Apr.2025) — Exmar NV announced the reopening of the acceptance period of the voluntary public takeover bid launched by Saverex NV for all shares issued by Exmar not already owned by it or persons affiliated with it ended on 16 Apr. 2025.  […]

Exmar NV Reveals Results of Conditional Takeover Bid from Saverex NV

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Mar.2025) — Exmar NV updated on the initial acceptance period of the voluntary and conditional public takeover bid launched by Saverex NV — the holding company of the family of Nicolas Saverys — for all shares issued by Exmar not already owned by […]

Saverex to Launch Voluntary Takeover Bid for Exmar

(Exmar, 3.Dec.2024) — Saverex NV intends to launch a voluntary and conditional public takeover bid for all shares of Exmar NV not already owned by it or persons affiliated with it. The bid would be made in cash at a price of EUR 11.50 per share. This price represents a […]

EXMAR Reports 3Q:24 Results, Opens EXMAR LPG France (PDF Download)

(EXMAR, 8.Nov.2024) — EXMAR NV reported its third-quarter 2024 results and provided an operational update related to the company opening a new French entity, EXMAR LPG France, which will own and operate 6 newbuild dual fuel LPG/NH3 Midsize Gas Carriers (MGC), being constructed at HMD MIPO dockyard in Korea.  ____________________

Exmar Releases Half-year 2024 Results

(Exmar, 6.Sep.2024) — The Board of Directors of EXMAR has approved the interim accounts for the period ending 30 June 2024. The interim condensed consolidated financial statements have not been subjected to an audit or a review by the statutory auditor. ____________________

Exmar Provides 1Q:24 Update

(Exmar, 16.May.2024) — EXMAR’s engineering subsidiaries Exmar Offshore Company in Houston and DV Offshore in Paris had continued high utilization rates for their third-party engineering services, the company said in its first quarter 2024 update. ____________________ 

Exmar Released its 2023 Results-PDF Download

(Energy Analytics Institute, 26.Mar.2024) — Exmar released details and highlights related to its activities in 2023 spanning the Marine XII project in Congo to Exmar re-entering the drilling segment as well as some subsequent events such as Exmar expanding its holding in Vantage Drilling. ____________________ By Aaron Simonsky. © Energy Analytics […]

Exmar and Eni celebrate Congo’s first LNG cargo

ANTWERPEN, BELGIUM (Exmar, 28.Feb.2024, Words: 175) — Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful start-up of LNG production and the first shipment of LNG from the Republic of the Congo. This milestone completes the implementation of the first phase […]

New Generation Takes Over at Exmar

(Exmar, 19.Dec.2023) — Listed Belgian shipowner sets a strategic milestone as Carl-Antoine Saverys will be the new CEO, taking over from Francis Mottrie who will stay on board as COO. Carl-Antoine Saverys will take over formally as CEO from 1 Jan. 2024. After assuming various roles in the shipping industry, […]

Final Results of Takeover Bid on Exmar NV

(Exmar, 19.Sep.2023) — The reopening of the acceptance period of the voluntary public takeover bid launched by Saverex NV (the “Bidder”) for all shares and share options issued by Exmar NV (“Exmar” or the “Target”) not already owned by it or persons affiliated with it (the “Bid”) ended on Friday […]

Exmar on Dividend [PDF Download]

(Exmar, 16.May.2023) — Today 16 May 2023, the General Meeting of Shareholders approved a gross dividend of EUR 1.00 (EUR 0.70 net per share), as proposed by the Board of Directors. The net dividend will be payable on 24 May 2023 to the holders of registered shares and to the […]

Energy Analytics Institute’s NRGBriefs: November 2022

(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching its strategic plan for 2023-27; US Secretary of State Antony Blinken welcoming resumption of Venezuelan-led negotiations in Mexico City between the ruling party and opposition […]

Exmar Reports 3Q:22 Results, Updates on Operations [PDF Download]

(Energy Analytics Institute, 27.Oct.2022) — Exmar reported revenue (including intersegment revenue) during the nine months of 2022 was $6.5mn higher than in the same period of 2021 mainly due to the entry of the VLGC’s in the fleet, partly offset by the unemployment of the LNG-carrier EXCALIBUR. ____________________ By Aaron […]

EXMAR Reveals Half-year 2022 Results

(EXMAR, 9.Sep.2022) — The Board of Directors of EXMAR approved the interim accounts for the period ending June 30, 2022. The interim condensed consolidated financial statements have not been subjected to an audit or a review by the statutory auditor. ____________________

EXMAR and GASUNIE Move to Secure Energy Supply

(Energy Analytics Institute, 18.Mar.2022) — EXMAR reached an agreement for a 5-year charter for the employment of its 600 million standard cubic feet per day (MMscf/d) regasification floating storage and re-gasification unit (FSRU) S188 with GASUNIE LNG Holdings BV. GASUNIE will utilize FSRU S188 as floating LNG import terminal at […]

Exmar Inks $150mn Agreement With YPF

(Energy Analytics Institute, 19.Oct.2020) — Belgium-based Exmar reached a $150mn settlement with Argentina’s state-controlled YPF SA related to a dispute under the Tango FLNG agreements. In the deal, YPF will pay the settlement to Exmar for consideration of the early termination of the Tango FLNG agreements, as announced on 25 […]

YPF Issues Force Majeure Notice On Tango FLNG

(Reuters, 26.Jun.2020) — Belgian shipping company Exmar has said that it had received a force majeure notice from Argentine oil company YPF SA under charter and services deals for the Tango floating export project. “YPF claims that effects of the coronavirus (COVID-19) pandemic both worldwide and in Argentina have hindered […]

YPF Loads 1st Commercial LNG Cargo

(Reuters, Jessica Jaganathan and Ekaterina Kravtsova, 8.Nov.2019) — Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility, trade sources said on Friday. Argentina’s export joins a wave of new supply flooding the spot market which has depressed […]