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LNG - 11 October 2019


LNGL and DeltaOE extend their agreement

Magnolia LNG LLC and DeltaOE have agreed to extend the validity date of their agreed upon non-binding term sheet until 1 July 2020 by entering into an amended and restated memorandum of understanding.


Ocean Yield acquires ethylene carrier designed to use LNG as fuel

Ocean Yield ASA has announced that it has agreed to acquire an ethylene gas carrier for a total consideration of US$69.75 million net of a seller's credit, with 13-year bareboat charter to a company 100% owned and guaranteed by Navigator Holdings Ltd.