CSSC Shipping Inks Deal To Funds Golar’s FSRU Conversion

According to an article published in Lloyd’s List, the LNG carrier will be converted into a floating storage re-gasification unit (FSRU) and delivery is scheduled in March 2020.

CSSC inks agreement with Golar LNG

CSSC Shipping Hong Kong has signed an agreement with Golar LNG subsidiary GVS Corporation, for sale and leaseback of an LNG carrier (LNGC).

The memorandum of agreement (MOA) will see CSSC purchase the LNG carrier from GVS for US$147 million and lease the vessel back to GVS at an estimated...

http://mfame.guru/cssc-shipping-inks-deal-to-funds-golars-fsru-conversion/

LNG Shipping in Terms of the ‘Cool Pool’

  • The Cool Pool launched in September 2015 with 14 tri-fuel diesel engine (TFDE) LNG carriers.
  • Cool Pool improves the utilization of the participating vessels and to allow for the use of Contracts of Affreightment. 
  • Cool Pool fleet accounted for more than a third of all spot LNG vessels on the water. 
  • Dynagas secured long-term employment and pulled out of the Cool Pool in mid 2018.
  • Golar spun off into a separate ‘pure play’ listed entity.
  • The GasLog companies called it quits citing Golar LNG’s...

http://mfame.guru/lng-shipping-in-terms-of-the-cool-pool/