Golar LNG Secures Charters for Carrier Duo

Golar LNG Secures Charters for Carrier Duo

Bermuda-headquartered owner and operator of liquefied natural gas (LNG) carriers Golar LNG has been awarded two time charters by Nigeria LNG for its 160,000 cbm carriers Golar Frost and Golar Crystal.

Employment of both vessels under these contracts will commence in January 2015 and will continue for a duration of approximately 12 months for each vessel.

Nigeria LNG has elected to retire three of its smaller LNG carriers earlier than planned, and to replace these with Golar’s ships, while the company awaits the delivery of its own newbuilds.

Golar’s CEO Doug Arnell said: “This new business opportunity provides the clearest possible demonstration of the significant benefits available from the vessels delivered under Golar’s existing new-building program. Significant reduction in boil-off and a material improvement in fuel efficiency have contributed to the decision to replace the older vessels with Golar’s new buildings.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >