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 groups 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 Lines Tokyo and Houston offices are increasing their activity in the Atlantic Basin LNG market as contracts become more flexible and spot sales are growing.