Avenir LNG Limited Announces the Charter of 20,000cbm LNG Bunkering Supply Vessel to Shell for Up to 5 Years
December 22, 2021 at 03:08 pm IST
Avenir LNG Limited announced it has entered into a Time Charter Party with Shell NA LNG, LLC for the Avenir Achievement, a newbuild 20,000cbm LNG Bunkering Supply Vessel which will be delivered to Avenir in Second Quarter 2022. The time charter to Shell is expected to begin in First Quarter 2023 for a period of 3 years with an option to extend up to 5 years. This charter increases Avenirs overall vessel charter revenues backlog to $81.0 million as of 1 December 2021. The vessel will be equipped with BOG reliquefication and simultaneous operations (SIMOPs) capabilities, making her the worlds largest, most efficient and versatile LNG Bunker Supply Vessel.