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International Tankers and Gas LNG

Shell confirms charter deals for eight LNG carrier newbuildings

The oil major said it was chartering the vessels from units of Knutsen, Korea Line and parties linked to JP Morgan. HHI had previously announced an order for six 174,000 cu m LNG carriers from unnamed European and Asian owners

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Shell did not disclose the time charter deal details, but Korea Line revealed it was receiving $307m for a seven-year charter for its two vessels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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