time charter contracts

GAIL, Mitsui Sign Agreement For New LNG Carrier

Credits: Alexandr Popadin/ Unsplash
  • The parties had signed a contract for the first vessel in 2019, the country’s largest gas utility said in a statement.
  • By strengthening MOL and GAIL’s partnership, there will be synergies that will make MOL provide more reliable services.
  • GAIL has emerged as one of the leading global LNG players and is actively involved in the LNG trading business in the international market.

State-run GAIL on Wednesday said that it has inked a time charter contract for a new...

https://mfame.guru/gail-mitsui-sign-agreement-for-new-lng-carrier/

Flex LNG Enters Into Time Charter Party Deal

Flex LNG has secured a prompt time-charter deal for its LNG carrier Flex Constellation, says a press release published on their website.

The time charter agreement

The time charter agreement has a minimum firm period of three years on a prompt basis.

Flex LNG noted the deal with an unnamed trading house has the option to be extended for additional three years bringing the total up to six years.

About the vessel

Flex Constellation has the capacity to transport up to 173,400 cubic meters of...

https://mfame.guru/flex-lng-enters-into-time-charter-party-deal/

Diana Shipping Inc. Announces Time Charter With Tongli

Diana Shipping Inc. has entered into a time charter contract with Tongli Shipping Pte. Ltd., for one of its Post-Panamax dry bulk vessels, says a press release published on their website.

About the charter contract

Diana Shipping Inc. (NYSE: DSX), (the “Company”), announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Tongli Shipping Pte. Ltd., for one of its Post-Panamax dry bulk vessels, the m/v Electra.

Charter rate

The gross charter rate is...

https://mfame.guru/diana-shipping-inc-announces-time-charter-with-tongli/

Sovcomflot and Total Concludes to a Time Charter Agreement

PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be owned and operated by SCF, with options for up to two additional vessels, says an article published in Marine Insight.

Ceremony Details

The ceremony was held on 21 January 2021 and was attended via videoconference by:

  • Igor Tonkovidov,
  • President and Chief Executive Officer of PAO Sovcomflot;
  • Thomas Maurisse,
  • Senior Vice President for LNG at Total, and
  • Seong...

https://mfame.guru/sovcomflot-and-total-concludes-to-a-time-charter-agreement/

Diana Shipping Inc. Announces Time Charter With Cargill & C Transport

Diana Shipping Inc. announces time charter contracts for m/v Santa Barbara with Cargill and m/v Salt Lake City with C Transport, says a press  release published on their website.

Time charter contract with Cargill 

Diana Shipping Inc. (NYSE: DSX), announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Santa Barbara. 

Charter rate

The gross charter rate is...

https://mfame.guru/diana-shipping-inc-announces-time-charter-with-cargill-c-transport/