News and Press Releases

"K" Line LNG Shipping (UK) Limited enters into Time Charter contracts with BP for two LNG Carriers

July 29, 2015

"K" Line LNG Shipping (UK) Limited (K-LNG) is pleased to announce that the joint-venture consortium of K-LNG and Chandris (Hellas) Inc. has entered into long-term Time Charter contracts with the BP group for two LNG Carrier newbuildings. The vessels, which will have a capacity of 173,400m3, will be constructed by Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea. Delivery of the vessels is scheduled for 2018. It is expected that the vessels will primarily be engaged in the transportation of LNG from the Freeport LNG project in Texas, USA.

K-LNG is pleased to further develop their relationship with the BP group in the energy transportation sector and also to display its contribution to meet the increasing global demand for LNG transportation services. K-LNG will undertake ship management of the two vessels.

< LNG Carrier operated and managed by K-LNG >

LNG Carrier