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Nauticor becomes sole charterer of the Kairos LNG bunker supply vessel

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LNG Industry,

AB Klaipedos Nafta has released a statement claiming that it has reached an agreement with Nauticor GmbH & Co. KG regarding the Kairos LNG bunker supply vessel.

Under the terms of the agreement, Klaipedos Nafta – the operator of oil products and LNG terminals – has agreed to sell its subsidiary’s (UAB SGD logistika) 10% stake in the charter contract of Kairos to Nauticor.

The Kairos LNG bunker supply vessel is the world’s largest such vessel. As a result of the transaction, Nauticor will become the sole charterer of the vessel. According to the statement, the transfer will become effective as of 30 September 2019.

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