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.

- Advertisements -

Most Popular

Stena Bulk sells its last LNG carrier

Swedish shipping firm Stena Bulk has sold its last liquefied natural gas (LNG) carrier to an undisclosed Asian buyer. The...

Shell launches largest bio-LNG plant in Germany

A unit of LNG giant Shell has launched what it says is the largest bio-LNG production plant in Germany. The...

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

More News Like This

Oman LNG seals supply deal with Jera

State-owned producer Oman LNG said it had signed a deal to supply liquefied natural gas to Japan's Jera. Under the...

Japan’s Jera pens LNG pact with Singapore’s EMA

Japan’s power firm and LNG trader, Jera, has signed a memorandum of understanding with Singapore's Energy Market Authority to...

Jera starts ammonia co-firing trial at Hekinan coal power plant

Japan’s power firm and LNG trading giant Jera has started supplying larger volumes of ammonia to its coal-fueled Hekinan...

Jera plans to buy stake in ExxonMobil’s Baytown hydrogen project

Japan’s power firm and LNG trader, Jera, is considering buying a stake in ExxonMobil's proposed hydrogen and ammonia Baytown...