Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore's first floating liquefied natural gas (LNG) terminal. ABB 's integrated electrical system on board the Floating Storage and Regasification Unit (FSRU) will comprise a medium voltage generator, 6.6kV switchboards for cargo and regasification, and the motor, transformer and drive for propulsion. The floating terminal will also feature ABB's remote control and remote diagnostics system, its proven condition monitoring solution and an enhanced power protection system (EPPS). The FSRU will be delivered to owner Mitsui O.S.K. Lines (MOL) in 2027 and contracted for long-term charter by Singapore LNG Corporation (Singapore LNG).