Oil giant Shell is to charter an LNG bunkering vessel from the South Korean company. The two-year time charter agreement, worth $55 million, was signed yesterday.
The vessel will have a 18,000 cubic metre capacity and will be built by Hyundai Mipo Dockyard. It will be chartered from May 2023.
Over the last six months, Pan Ocean signed two more contracts with Shell for chartering a couple of LNG Carriers.
Translation by Giles Foster