TEN Ltd announces new charters for two LNG vessels
Published by Will Owen,
Editor
LNG Industry,
TEN, Ltd has announced new charters for two LNG carriers, the Neo Energy and the Maria Energy, to significant international energy concerns for an aggregate period of 36 months. The total gross revenues from these two fixtures, over the duration of the respective contacts, is expected at about US$60 million.
“LNG is on top of the agenda for TEN’s diversified energy fleet. With two vessels fixed on accretive medium-term charters, the company is examining further expansion in the sector,” George Saroglou, COO of TEN commented. “TEN’s model provides its clients with a broad range of vessel types, ranging from crude and product tankers to gas carriers. At the same time this diversity allows TEN to choose the best investment opportunities for growth,” Saroglou concluded.
Read the article online at: https://www.lngindustry.com/lng-shipping/18032019/ten-ltd-announces-new-charters-for-two-lng-vessels/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.