After taking a loss in arbitration, commodity trader Gunvor has cancelled the charter for an Exmar floating storage and regasification unit (FSRU).
Antwerp-based and Brussels-traded shipowner Exmar disclosed the end of the deal on Friday and said it would begin marketing the 25,000-cbm S188 (built 2017) for redeployment.
"Exmar received a termination fee equal to two years hire as a result of the early termination," the company said.
