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.

Most Popular

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

Chevron, China’s ENN seal second LNG SPA

US energy giant Chevron has signed a second LNG sales and purchase agreement with Chinese independent gas distributor ENN.

Venture Global gets OK to introduce gas to final Plaquemines LNG block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the 18th and final liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

Malaysia’s MHB bags new LNG carrier repair jobs

Malaysia Marine and Heavy Engineering (MHB) has secured new contracts to repair liquefied natural gas (LNG) carriers.

Cheniere, Jera seal long-term LNG SPA

US LNG exporter Cheniere has signed a long-term LNG sale and purchase agreement with Japan's Jera.

Sempra Infrastructure, Jera seal 20-year LNG SPA

US LNG exporter Sempra Infrastructure, a unit of Sempra, has signed a 20-year LNG supply contract with Japan's Jera for volumes from the Port Arthur LNG Phase 2 development project in Texas.

Wartsila to support Alpha Gas LNG carrier duo

Finland’s tech firm Wartsila has signed a deal with Greek shipowner Alpha Gas to support the latter’s two liquefied natural gas (LNG) carriers.