Stena Bulk charters out LNG carrier

Stena Bulk has announced that it has signed an agreement covering the charter of the Stena Blue Sky LNG carrier for the North West Shelf Project in Australia.

The agreement covers a charter of up to three years, with the possibility of a further extension. The LNG carrier will sail between Australia and Japan, as well as other countries in the Far East.

Erik Hånell, CEO of Stena Bulk, said: “We are pleased with the charter signed with the North West Shelf Project, which we view as a key strategic partner within a market with tremendous growth prospects. As always, we take the long-term view and are looking forward to developing the potential we see here.”
Hånell continued: “Since 2011, we have very quickly become established in the transportation of [LNG] and we have developed a good reputation in the market where quality and safety are paramount. We regard the LNG segment as a continuing and long-term investment where, additionally, our successful technical management plays a prominent role.”

In addition to the Stena Blue Sky, Stena Bulk owns two other LNG carriers: the Stena Crystal Sky, which is on a medium term charter until this autumn, and the Stena Clear Sky, which was recently redelivered from a three year charter.

Edited from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/lng-shipping/20042015/stena-bulk-charters-out-lng-carrier-619/