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charter-enhances-lng-offering-to-japan
charter-enhances-lng-offering-to-japan

Charter enhances LNG offering to Japan

Stena Bulk has signed an agreement covering the charter of the LNG carrier Stena Blue Sky for the North West Shelf Project in Australia.

The duration of the charter is up to three years with a possible further extension as a goal with contract signed at current market freight rates. The tanker will sail between Australia and Japan as well as other countries in the Far East.

The North West Shelf Project is Australia’s largest oil and gas development and has delivered more than 4,000 LNG cargoes to customers predominantly in the Asia Pacific region since 1989.

“We are pleased with the charter signed with the North West Shelf Project, which we view as a key strategic partner within a market with tremendous growth prospects. As always, we take the long-term view and are looking forward to developing the potential we see here,” says Erik Hånell, CEO of Stena Bulk.

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