K Line, Chubu Electric in charter deal for LNG newbuild

K Line, Chubu Electric in charter deal for LNG newbuild

Kawasaki Kisen Kaisha said it has signed a long-term time charter contract with Chubu Electric for a new 164,700 cbm Moss type LNG carrier.

K Line has also executed separate shipbuilding contract with Kawasaki Heavy Industries.

Chubu Electric is involved in the construction as well as the operation of Freeport LNG and this new vessel will engage in the transport of LNG from the project located in the state of Texas in the United States, K Line said in a statement.

K Line already executed previous long-term time charter contract for a vessel having identical specifications with Chubu Electric in April 2013, and this contract for second vessel is based on subsequent contract following that for the first vessel.

Press Release; Image: K Line

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