Singapore, Sept. 17 -- 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. The contract is the latest milestone in the long-standing collaboration between ABB and Hanwha Ocean.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 s...