Jera Global Markets boosts chartered LNG carrier fleet

Jera Global Markets, a joint venture of Japan’s Jera and France’s EDF, has boosted the size of its chartered fleet of LNG carriers with the addition of a newbuild vessel owned by Greece’s Alpha Gas.

Singapore-based Jera Global Markets announced via social media on Tuesday that it has welcomed the 174,000-cbm LNG carrier, Energy Fidelity, to its global fleet of LNG carriers on charter.

“Our fleet size of 17 carriers supports our global trading operations and strategy to connect markets and supplies across the world,” it said.

Jera Global Markets, or Jeragm, did not disclose the duration of the charter.

Last month, Greece’s Alpha Gas took delivery of this LNG carrier from South Korea’s Hyundai Samho Heavy Industries.

Alpha Gas said the vessel was delivered from the yard straight into a medium-term charter with a “world-class Far East-based charterer”.

The vessel features X-DF propulsion, a reliquefaction plant, air lubrication system, two shaft generators, and air resistance shield.

Jera, a joint venture of Tepco and Chubu Electric, owns 66.67 percent of Jeragm, while EDF Trading, a unit of French state-controlled utility EDF, holds the rest.

In April 2019, Jera and EDF Trading merged their LNG trading and optimization activities.

According to its website, Jeragm’s LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets.

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