The Indian Register of Shipping (IRClass) has classed Vasant, India's first LNG floating storage and regasification unit (LNG-FSRU).
Constructed at South Korea's Hyundai Heavy Industries (HHI), the FSRU has capacity for 180,000 cubic metres of LNG and is designed for continuous operations without the need for drydocking over a period of 20 years. The unit is assigned class notation for 20 years extended interval between successive drydockings and complies with the requirements of IRClass rules and Indian flag for this purpose.
The vessel is owned by Triumph Offshore, a wholly-owned subsidiary of India-based listed company Swan Energy.
Vasant can operate in two distinct modes: LNG carrier mode and FSRU mode. This allows the utilisation of an FSRU for receiving LNG from LNG carriers, regasification of the LNG, and sending it out.