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
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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