Mitsui charters eighth LNG newbuild

Mitsui charters eighth LNG newbuild

Mitsui & Co. of Japan said it has signed a 25-year time charter deal with Trinity LNG Transport for the eighth carrier that will ship the liquefied natural gas from Cameron project in the United States. 

This vessel follows the five ships with time charter parties signed in September, 2014 and the two charter parties signed in January, 2015, the company said in a statement.

The latest deal brings the total maximum charter hire amount for the combined eight ships to approximately 700 billion Japanese yen.

The 178,000 cbm carrier will be built by Imabari Shipbuilding and is expected to commence its charter deal around 2020.

1 Japanese yen = 0.008322 USD

Image: Cameron LNG

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