*South Korean shipbuilder DSME this week held a steel-cutting ceremony to mark the start of construction work on the world’s largest floating storage and regasification unit. Once complete, Excelerate Energy’s 173,000-cbm vessel will be stationed in Guanabara Bay, Brazil. Under a 15-year charter agreement, Brazil’s Petrobras will use the FSRU at the existing import facility in Guanabara. The older unit currently acting as the regas terminal will be moved to another location off Bahia state. The new VT3 unit is expected to be operational in the first half of 2014.*Ukraine will begin to set up a consortium of investors for construction of its planned LNG terminal in mid-November, according to the Interfax-Ukraine news agency. The State Agency for National Projects is planning to install a 5 billion cubic metres per annum floating storage and regasification unit near an oil terminal in the port of Yuzhny. Start-up is scheduled for 2016.