KLNG takes delivery of new Moss-style carrier

Sunday, 16 December 2007

The 145,000 cubic metres capacity Moss-style vessel will be chartered to a subsidiary of US LNG terminal developer Cheniere Energy for a maximum period of 10 years.

The “Celestine River” will be the first LNG vessel 100 per cent owned by KLNG and will bring K-Line group’s LNG carrier fleet to 32 vessels, the company said in a statement.

KLNG will be responsible for the ship management of the “Celestine River.”  The ship is also the fourth LNG carrier to be managed by KLNG.

KLNG in London and K Line’s Tokyo and Houston offices are increasing their activity in the Atlantic Basin LNG market as contracts become more flexible and spot sales are growing.