Equinor extends charter for Dynagas LNG carrier

Athens-based Dynagas LNG Partners said Wednesday that Norwegian energy firm Equinor would continue to use the LNG carrier Arctic Aurora as part of a new charter deal.

The charter period for the 2013-built 155,000-cbm vessel will last about two years, according to the LNG shipping firm.

In addition, Dynagas expects the annual gross revenues from the charter agreement to reach about $21.5 million.

Under the new deal, Equinor will continue to use Arctic Aurora from September 2021, after the current charter deal expires.

This means there will be no lapse of time between the current and the new time charter, Dynagas said.

The ice-class vessel has been working for Equinor since its delivery in 2013.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Germany’s DET offers short-term regas capacity at two LNG terminals

DET announced on Thursday the marketing of short-term regasification capacities at its FSRU-based LNG terminals in Brunsbüttel and Wilhelmshaven...

More News Like This

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

London-based Watson Farley & Williams (WFW), who advised CMBFL on the transaction, revealed the deal in a statement on...

Northern Lights: first LNG-powered LCO2 carrier ready for delivery

The first Northern Lights JV’s LNG-powered liquefied CO2 carrier is ready for delivery in China. Northern Lights, the JV consisting...

Dynagas LNG Partners reports higher net income, plans fleet growth

The NYSE-listed limited partnership formed by shipowner Dynagas posted a net income of $15.1 million for the three months...

Equinor says costs climb for Hammerfest LNG upgrade project

The project includes onshore compression and electrification of the Hammerfest LNG terminal. "Since the PDO (plan for development and operation)...