Pure Energy inks $1.1 billion sale and leaseback deal for LNG carrier quintet

Pure Energy, which is controlled by Greek shipowner George Prokopiou, has signed a $1.1 billion sale and leaseback deal for five LNG carriers with China’s CMB Financial Leasing (CMBFL). London-based Watson Farley & Williams (WFW), who advised CMBFL on the transaction, revealed the deal in a statement on Thursday. According to the statement, the transaction…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

More News Like This

Dynagas LNG logs higher net income in Q1

Dynagas LNG Partners, the operator of six LNG carriers that work under long-term charters, reported a rise in its net income in the first quarter of this year.

Dynagas LNG reports higher net income

Dynagas LNG Partners, the operator of six LNG carriers that work under long-term charters, reported a rise in its net income in the fourth quarter and full-year 2025.

Dynagas LNG Partners launches $10 million share buyback program

NYSE-listed Dynagas LNG Partners, the operator of six LNG carriers that work under long-term charters, has authorized a new program under which it plans to repurchase up $10 million of its outstanding common units through November 24, 2026.

Dynagas LNG Partners reports higher Q3 net income

Dynagas LNG Partners, the operator of six LNG carriers that work under long-term charters, reported a rise in its net income in the third quarter compared to the same period in 2024.