Höegh LNG And Egas Agree To Amendment Of Höegh Gallant Time Charter

Hoegh-Grace

Höegh LNG Holdings Ltd. (“Höegh LNG”) and Egypt Natural Gas Holdings Company (“Egas”) have agreed to amend the Höegh Gallant time charter.

Under the amended contract, the Höegh Gallant will be chartered as an LNG carrier to a third party, and Egas will compensate for the rate difference between the original FSRU contract and the new LNG carrier time charter.

The amended contract is expected to become effective in October 2018 and will run to April 2020, the termination date of the original...

https://www.marineinsight.com/shipping-news/hoegh-lng-and-egas-agree-to-amendment-of-hoegh-gallant-time-charter/