Seabridge Port Agencies Corp was appointed by FGEN LNG Corporation (FGEN LNG) as Charterer’s ship agent for the Floating Storage and Regasification Unit (FSRU) “BW Batangas” for the ship-to-ship (STS) operations within Subic Bay Metropolitan Authority Port (SBMA). BW Batangas received Liquified Natural Gas (LNG) cargo from LNG carrier “LNG Manhattan”. The former vessel entered SBMA territorial waters last 15 Aug 2023 under the filed entry clearances of Seabridge, then actual operations ensued the following day. After the conclusion of STS operations, Seabridge filed exit clearances where BW Batangas was given authorization to depart Subic Bay and return to its home port in Batangas Bay.
The BW Batangas is chartered by FGEN LNG from BW LNG, which is part of the BW Group of Companies. FGEN LNG is a subsidiary of First Gen Corporation, which is one of the biggest independent power producers and the leading gas power generation company in the Philippines with approximately 2,000 MW in operating gas assets.
The aforementioned vessel forms part of FGEN LNG’s Interim Offshore LNG Terminal Project. This project plays a significant part in introducing LNG imports to the Philippines as indigenous source faces depletion in the near future.